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Enron Mail |
I will remove the open season reference. Some pipeline tariffs do refer to
open season for capacity release, but it may cause confusion so probably to remove it. The terms you referenced are defined in the product description. The EOL access agreement makes it clear that the product description is binding on the counterparty. Colleen Sullivan 11/06/2000 12:42 PM To: Gerald Nemec/HOU/ECT@ECT, Carlos Alatorre/NA/Enron@Enron, Carl Carter/NA/Enron@Enron cc: Rebecca W Cantrell/HOU/ECT@ECT Subject: New Product--Suggested Language Changes Last week I sent copies of the product description and GTC to Becky Cantrell (regulatory) for comments and she did make a couple of suggestions which I agree with. First, in both the description and the original GTC we refer to an open season; however, this product is for capacity release, which would not be subject to an open season--only bidding. So, Gerald, unless you have some objection that we have overlooked, I believe it is appropriate to remove the words "or open season" in the product description. Regarding the GTC, since we were planning on eliminating Paragraph 3 anyway, which had the open season reference, I think that one is already taken care of. The other question she had is how we would define the following terms and how they would be made a part of the contract: Reference Pipeline, Rate Schedule, Primary Receipt and Delivery Point. Please let me know your thoughts on this.
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