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Enron Mail |
Tana,
I'm hoping you can clarify some information I received second-hand on Cargill, Incorporated, and Cargill Energy, a division of Cargill, Incorporated. It is my understanding that Cargill Energy, a division of Cargill, Incorporated, is allowed to trade under the ISDA (contract 96043502) between Cargill, Incorporated and ENA. Based on the information in the Legal Financial Trading Agreement database, there is no information to indicate that this affiliate is also covered by the Cargill, Incorporated master . Also, the email from Susan Flynn does not include any information on additional parties covered under this contract. Finally, Part 4(b) of the schedule to the agreement specifies that for Section 10© of the contract , neither party is a multibranch party. This is all the information that Anthony Campos has received to date on this contract. Based on this information, and from previous requests from Legal for Global Contracts to refer any interpretations to Legal, the Global Contracts group could not make any assumptions regarding other counterparties not specifically listed on the contract or schedules. I wanted to verify if what I had heard about Cargill Energy, a division of Cargill, Incorporated, was correct and to obtain the pertinent documentation if so. Also, does Legal have any specific "policies" regarding affiliate relationships? Is there any documentation we should have been aware of? I just want to make sure that there are no EOL issues in the future and that we have not misinterpreted any information. Please let me know how Legal handles such an issue and what actions Global Contracts can expect. As usual, thanks for you help and patience. Stacey x30569
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