Message-ID: <24896150.1075861642679.JavaMail.evans@thyme> Date: Tue, 20 Nov 2001 11:17:08 -0800 (PST) From: luiz.maurer@enron.com To: s..bradford@enron.com Subject: FW: NEW SPP Credit Policy !! Cc: l..nicolay@enron.com, mike.carson@enron.com, d..steffes@enron.com, amr.ibrahim@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: l..nicolay@enron.com, mike.carson@enron.com, d..steffes@enron.com, amr.ibrahim@enron.com X-From: Maurer, Luiz X-To: Bradford, William S. X-cc: Nicolay, Christi L. , Carson, Mike , Steffes, James D. , Ibrahim, Amr X-bcc: X-Folder: \JSTEFFE (Non-Privileged)\Steffes, James D.\Security / Collateral X-Origin: Steffes-J X-FileName: JSTEFFE (Non-Privileged).pst Bill SPP is proposing a new credit policy which may affect our credit requirements. I have already informed Mike Carson, who will be analyzing the commercial implications. In the mean time, to expedite things, I am also sending you the new SPP Credit Policy. Tks LM -----Original Message----- From: Nicolay, Christi L. Sent: Saturday, November 17, 2001 7:01 AM To: Maurer, Luiz Cc: Steffes, James D.; Ibrahim, Amr Subject: FW: SPP Credit Policy Luiz -- (See my other email re: SPP). I now found the email. Thanks for handling. I will be out of the office next week, so call me at home 713-666-0304 if necessary. THANKS! -----Original Message----- From: McCraw, Phil Sent: Thu 11/15/2001 10:33 AM To: SPP TRANSMISSION CUSTOMERS Cc: Subject: Credit Policy Southwest Power Pool, Inc. (SPP) continues to make changes to its Credit Policy to reflect changes in overall market conditions. The current Credit Policy was posted on our web site on November 14, 2001. It reflects a marked shift in the way SPP has administered its Credit Policy in the past. SPP wants all of our customers to be made aware of this change and we want to give each a certain period of time to make the necessary adjustments in any areas that may be necessary. To this end SPP is attaching the new Credit Policy for your review. We ask that it be directed to the proper person within your organization to assure that your company is compliant with all conditions of the Credit Policy. We ask that you also complete the attached Credit Agreement and return it to SPP as soon as possible. SPP expects all customers to be compliant with the Credit Policy by December 15, 2001. Please review the Credit Policy and take the necessary steps to be in compliance by that date so that there are no interruptions of service or your ability to make future reservations. If you have any questions concerning the new policy please feel free to contact me. I look forward to working with you to make these changes as smooth as possible. <> <> Phil McCraw Southwest Power Pool Financial Coordinator Phone: 501-664-0146X243 or 501-614-3243 Fax: 501-280-9446 Email: pmccraw@spp.org