Subject: Fwd: FW: EEI Collateral Documentation
From: [email-masked]
To: [email-masked]
Date: Wed, 6 Jun 2001 16:47:00 -0700 (PDT)

fyi
----- Forwarded by Elizabeth Sager/HOU/ECT on 06/06/2001 01:45 PM -----

	"Andy Katz" <[email-masked]> 06/06/2001 01:35 PM 	   To: <[email-masked]>  cc:   Subject: Fwd: FW: EEI Collateral Documentation	

One of two comments received on Collateral Annex documents

Andrew S. Katz, Director Industry Legal Affairs
Edison Electric Institute
701 Pennsylvania Avenue, N.W.
Washington, D.C.  20004
Voice:  202-508-5616
Fax:     202-508-5673
e-mail:  [email-masked]
 - TEXT.htm 
From: "Crespo, John" <[email-masked]>
To: "[email-masked]'" <[email-masked]>
Subject: FW: EEI Collateral Documentation
Date: Tue, 5 Jun 2001 17:19:29 -0400

Andy, we didn't have too many comments, but here they are:

> -----Original Message-----
> From:	Cerria, Chuck (Commodities - NY)
> Sent:	Tuesday, June 05, 2001 4:16 PM
> To:	Crespo, John
> Cc:	Butala, John (Commodities - NY); Trivino, Grimuald (Commodities -
> NY)
> Subject:	EEI Collateral Documentation
>
> We concur with Enron's and AEP's comments, except as follows:
>
> 1.Interest should be payable on cash collateral held each month and upon
> return of the collateral.
> 2. 15 days to expiry should be the trigger on LC's so that if the LC does
> not auto renew, the pledgee can draw down on the LC when the expiry is
> within 15 days.
>

 - Andy Katz.vcf