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This is AEP's approach - I did not know all the background to this.
----- Forwarded by Shari Stack/HOU/ECT on 12/13/00 11:28 AM ----- fmdutton@aep.com 12/13/00 09:17 AM To: Shari.Stack@enron.com cc: drusso@reliantenergy.com, rosteen@powersrc.com, fhilton@aep.com, lrgroff@aep.com Subject: Re: MS Proposed EEI Collateral Annex Shari: I was not presently planning on participating. I previously spoke with Lisa Groff/Frank Hilton, my credit people participating on this subcommittee, and we agreed that it was preferable to have the credit managers and those on this mini-drafting group complete their assignment of crafting a provision for the larger drafting committee of the EEI contract to subsequently review. The larger drafting committee would review to ensure that the language, phrasing and structure of the document is consistent with the existing EEI contract, and also have the larger group's credit personnel involved in reviewing the subcommittee's work. As a result, I have not tried to redline at this juncture, because the smaller drafting committee has not finished its work and created a consensus document. I agree that the timing at year end of this effort is really squeezing our resources. Mitch Shari.Stack@enron.com on 12/12/2000 08:04:43 PM Date: 12/12/2000 08:04:43 PM From: Shari.Stack To: drusso@reliantenergy.com, rosteen@powersrc.com, fmdutton@aep.com cc: Subject: MS Proposed EEI Collateral Annex I am going to be on the call on Thursday - are you? If so, how are you approaching it? Are you going to come to the meeting with general comments or are you going to circulate a redline in advance? Will your credit people be on the line too? It is quite a push to fit this in with everything else that is going on at this time of year. I just wondered how you are treating this from your company's perspective. Personally I am going to try and get a redline out in advance of the call. I will send it to everyone that is on the distribution list below. Thanks! S ----- Forwarded by Elizabeth Sager/HOU/ECT on 11/27/2000 11:18 AM ----- "Andy Katz" <AKatz@eei.or To: <fmdutton@aep.com<, <hemu@dynegy.com<, g< <elizabeth.sager@enron.com<, <mroger3@entergy.com<, <wfhenze@jonesday.com<, <dperlman@powersrc.com<, <rosteen@powersrc.com<, 11/27/2000 <drusso@reliantenergy.com<, <pdondanville@schiffhardin.com<, 10:37 AM <babak.pooya@southernenergy.com< cc: <Fhilton@aep.com<, <Lrgroff@aep.com<, <memclendon@duke-energy.com<, <rsbaker@duke-energy.com< Subject: Fwd: Proposed Draft for an EEI Collateral Annex To All: Bill McCoy has completed an initial draft of a credit annex for consideration by the drafting committee and interested working group participants. If you provide your comments to me, I'll circulate them. Bill is willing to have a conference call to discuss when everyone is ready. 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: akatz@eei.org Received: from pivsbh1.ms.com by mail.eei.org; Fri, 24 Nov 2000 15:28:47 -0500 Received: (from uucp@localhost) by pivsbh1.ms.com (8.9.3/fw v1.30) id PAA05635 for <AKatz@eei.org<; Fri, 24 Nov 2000 15:27:57 -0500 (EST) Received: from localhost(127.0.0.1) by pivsbh1 via smap (4.1) id sma.9750976711.005572; Fri, 24 Nov 00 15:27:51 -0500 Received: (from uucp@localhost) by pivsbh1.ms.com (8.9.3/8.9.3(vs)) id PAA05566 for <AKatz@eei.org<; Fri, 24 Nov 2000 15:27:50 -0500 (EST) X-Authentication-Warning: pivsbh1.ms.com: Processed from queue /var/spool/mqueue-vs X-Authentication-Warning: pivsbh1.ms.com: Processed by uucp with -C /etc/mail/sendmail.vs.cf Received: from hqsmh2.ms.com(144.14.70.179) by pivsbh1 via smap (4.1) id sma.9750976681.005562; Fri, 24 Nov 00 15:27:48 -0500 Received: from msdw.com (bmccoypc.morgan.com [144.14.40.37]) by hqsmh2.ms.com (8.8.5/imap+ldap v2.4) with ESMTP id PAA21970; Fri, 24 Nov 2000 15:27:47 -0500 (EST) Message-ID: <3A1ECF44.BA40A978@msdw.com< Date: Fri, 24 Nov 2000 15:27:48 -0500 From: William McCoy <William.McCoy@msdw.com< Reply-To: William.McCoy@msdw.com Organization: Morgan Stanley Dean Witter & Co. X-Mailer: Mozilla 4.7 [en]C-CCK-MCD (WinNT; U) X-Accept-Language: en,ja MIME-Version: 1.0 To: Andy Katz <AKatz@eei.org< CC: Edward J Zabrocki <Ed.Zabrocki@msdw.com< Subject: Proposed Draft for an EEI Collateral Annex Content-Type: multipart/mixed; boundary=" ------------E36A7CD4CD12DC11F94F8638" Andy, As discussed, heer is MSDW's proposal for a draft version of a Collateral Annex that can be used in connection with the EEI Agreement (it would be advisable for a clause to be included in the EEI cover sheet incorporating the collateral annex by reference). We are offering this draft as a starting point for the industry's efforts to develop an EEI Collateral Annex. Please feel free to distribute it and let Ed or me know if you would like to have a conference call with others to determine the next steps in getting feedback. Bill McCoy -- This e-mail, and any attachments hereto, is intended only for use by the addressee(s) named herein and may contain legally privileged and/or confidential information. If you are not the intended recipient of this e-mail, you are hereby notified that any dissemination, distribution or copying of this e-mail, and any attachments hereto, is strictly prohibited. If you have received this e-mail in error, please immediately notify me by reply e-mail and permanently delete all copies of this e-mail and destroy any printouts of it. (See attached file: EEI Collateral Annex version 2 - 112400.doc) (See attached file: Andy Katz.vcf) (See attached file: EEI Collateral Annex version 2 - 112400.doc) (See attached file: Andy Katz.vcf) - EEI Collateral Annex version 2 - 112400.doc - Andy Katz.vcf
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