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Enron Mail |
I am on board. If the PX comes back again, I will call their in-house attys.
Christian Yoder/ENRON@enronXgate 06/04/2001 05:54 PM To: Elizabeth Sager/HOU/ECT@ECT, Richard B Sanders/HOU/ECT@ECT cc: Tracy Ngo/ENRON@enronXgate Subject: FW: Collateral Notification - EPMI -----Original Message----- From: Ngo, Tracy Sent: Thursday, May 31, 2001 4:49 PM To: Yoder, Christian Subject: RE: Collateral Notification - EPMI Can you pass this along to Elizabeth to ensure Sanders is on board as well? We are renewing our L/C's on a month to month basis for the PX per Sanders. However, the request below is to "replenish" the CASH that was drawn down...please advise. -----Original Message----- From: Yoder, Christian Sent: Thursday, May 31, 2001 4:48 PM To: O'Neil, Murray P. Cc: Hall, Steve C.; Ngo, Tracy Subject: RE: Collateral Notification - EPMI I agree with Steve's position stated in his separate e'mail. Don't give these guys a penny.----cgy -----Original Message----- From: O'Neil, Murray P. Sent: Thursday, May 31, 2001 2:45 PM To: Ngo, Tracy Cc: Hall, Steve C.; Yoder, Christian Subject: FW: Collateral Notification - EPMI Tracy, Do we have concerns here. We pointed out to the PX that there was excess credit. By using collateral to pay these bills are we not keeping required levels available? MO -----Original Message----- From: <Don_Deach@calpx.com <mailto:Don_Deach@calpx.com<<@ENRON [mailto:IMCEANOTES-+3CDon+5FDeach+40calpx+2Ecom+3E+40ENRON@ENRON.com] <mailto:[mailto:IMCEANOTES-+3CDon+5FDeach+40calpx+2Ecom+3E+40ENRON@ENRON.com]< Sent: Thursday, May 31, 2001 2:41 PM To: EPMI@calpx.com <mailto:EPMI@calpx.com<; BFM-EPMI@calpx.com <mailto:BFM-EPMI@calpx.com< Cc: Lynn_Miller@calpx.com <mailto:Lynn_Miller@calpx.com<; Susan_D_Rossi@calpx.com <mailto:Susan_D_Rossi@calpx.com<; Lisa_G_Urick@calpx.com <mailto:Lisa_G_Urick@calpx.com<; Clark_R_Cheng@calpx.com <mailto:Clark_R_Cheng@calpx.com< Subject: Collateral Notification - EPMI Participant: Pursuant to your written request and in accordance with the Preliminary Injunction issued on March 5, 2001 by the Court in Enron Power Marketing, Inc., et al. v. California Power Exchange Corporation, USDC Case No. 01-00901, the California Power Exchange Corporation (CalPX) applied cash collateral maintained by Enron Power Marketing, Inc. in payment of the following invoices: Dec RT F $ 15,297.24 Jan RT P $ 64,547.04 Jan RT F $ 2,255.74 Enron Power Marketing, Inc. has not restored such collateral. Please be advised that the Preliminary Injunction requires CalPX market participants to maintain their current levels of collateral while the FERC Proceeding and the Preliminary Injunction are in effect, and allows CalPX to take any necessary actions to preserve such collateral.
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