RE: Twister Unwinds

Looks like this was made more difficult than it needed to be. The customer wanted a termination letter and because of this we need to kill these deals. I should have just killed the deals in the first place. Sorry for the extra work.

DG

-----Original Message-----
From: Mills, Bruce
Sent: Friday, October 19, 2001 2:39 PM
To: Anderson, Diane; Brady, Edward
Cc: Giron, Darron C.; Ornelas, Bianca
Subject: RE: Twister Unwinds

These deals have unwind legs, I am pulling the tickets to send you the corresponding deal #'s. The unwinds were done this way per the central orig group. I am faxing you our copies as soon as we get them.
Bruce

-----Original Message-----
From: Anderson, Diane
Sent: Friday, October 19, 2001 1:38 PM
To: Mills, Bruce; Brady, Edward
Cc: Giron, Darron C.; Ornelas, Bianca
Subject: Twister Unwinds

Hi Bruce/Edward -

I am preparing the Termination for the Twister deal below. Can you kill or zero out (whichever is applicable to the particular deal) the effected deals in TAGG, and also put a comment on the annuity leg to reflect which deals that payment references?

VL2515.1 should be killed
Y05186.2 should be killed

VN4969.1 partially terminated (Oct 01- Nov 01 only)
VU4647.1 partially terminated (Oct 01 - Dec 01 only)
Y05186.1 partially terminated (Oct 01 - Dec 01 only)

And the annuity leg Y05186.7 should have a comment reflecting that this payment is for the termination of these deals.

Thanks,
Diane

-----Original Message-----
From: Giron, Darron C.
Sent: Tuesday, October 16, 2001 1:14 PM
To: Anderson, Diane
Subject: Heartland and Twister Unwinds

Diane,

Heartland Energy Group, Inc.
We essentially terminated VU4418.1 and VZ4240.1 on 9/24/01 and paid them $69,200 on 9/26/01 which is in VZ4240.3

Twister Gas Services, LLC
This is more complicated. We terminated VL2515.1 and Y05186.2 totally. We partially terminated VN4969.1 (Oct-01 & Nov-01 only), VU4647.1 (Oct-01 thru Dec-01 only), and Y05186.1 (Oct-01 thru Dec-01 only). They were terminated on 9/24/01 and they were paid $116,700 on 9/26/01 which is in Y05186.7

I sent a fax to 713-646-2495 of the Termination Agreement they have for a prior deal. They want one similar to this for these two deals. Please call if you have any questions. I appreciate your help.

DG
3-9573