text_combined: enron direct canada corp lc expiring 12 31 2001 sent behalf derek flaman following response bill question tariff require lc renewed time wait mid december also attached email lori poffenroth november 9 memo sets forth lori calculations based wsp ppa formulas set forth tariffs initial amounts revised amounts recommended october 31 amounts estimated december 31 amounts wsp ppa prudential requirements allow wsp ppa reevaluate edcc credit limit request additional security time time following sets detail manner wsp ppa prudential requirements following two respects 1 time edcc financial obligations wsp ppa financial obligations exceed existing credit limit certain percentage thereof wsp ppa right request additional security additional security 2 edcc fails post additional security within requisite time period wsp ppa reserves right suspend service edcc note today wsp ppa requested additional security however soon possible following needs occur instances october 31 amount exceeds existing amount 1 post additional security 2 put position able post additional security within requisite time period consequently time wait mid december provided 2 occurred december 31 must post december 31 amount atco existing amount recommended october 31 amount estimated december 31 amount 300 000 300 000 450 000 october 31 financial obligations calculated 300 000 posted security 300 000 therefore additional security currently required december 31 financial obligations calculated 450 000 posted security expired therefore 450 000 additional security required time additional security due within 5 days atco request enmax calgary existing amount recommended october 31 amount estimated december 31 amount 475 000 750 000 1 850 000 red deer existing amount recommended october 31 amount estimated december 31 amount 30 000 40 000 75 000 lethbridge existing amount recommended october 31 amount estimated december 31 amount 15 000 35 000 65 000 october 31 calgary financial obligations calculated 750 000 posted security 475 000 therefore additional security may required 275 000 red deer financial obligations calculated 40 000 posted security 30 000 therefore 10 000 additional security may required lethbridge financial obligations calculated 35 000 posted security 15 000 therefore 20 000 additional security may required december 31 calgary financial obligations calculated 1 850 000 posted security expired therefore 1 850 000 additional security required time red deer financial obligations calculated 75 000 posted security expired therefore 75 000 additional security required time lethbridge financial obligations calculated 65 000 posted security expired therefore 65 000 additional security required foregoing additional security due within number days required enmax e enmax discretion epcor existing amount recommended october 31 amount estimated december 31 amount 150 000 150 000 1 000 000 ponoka existing amount recommended october 31 amount estimated december 31 amount 5 000 12 000 12 000 october 31 epcor financial obligations calculated 150 000 posted security 150 000 therefore additional security currently required ponoka financial obligations calculated 12 000 posted security 5 000 therefore 7 000 additional security may required december 31 epcor financial obligations calculated 1 000 000 posted security expired therefore 1 000 000 additional security required time ponoka financial obligations calculated 12 000 posted security expired therefore 12 000 additional security required time aforementioned additional security due within 10 business days epcor request power pool alberta ppa existing amount recommended october 31 amount estimated december 31 amount 4 800 000 2 500 000 6 000 000 october 31 financial obligations calculated 2 500 000 posted security 4 800 000 therefore additional security currently required december 31 financial obligations calculated 6 000 000 posted security expired therefore 6 000 000 additional security required time aforementioned additional security due within number days set ppa e ppa discretion utilicorp existing amount recommended october 31 amount estimated december 31 amount 0 barry lori calculate barry lori calculate utilicorp prudential requirements like wsp ppa prudential requirements allow utilicorp evaluate edcc credit limit request additional security time time date utilicorp exercised right request additional security edcc financial obligations respect utilicorp calculated prudent barry lori calculate recommended october 31 amount estimated december 31 amount prepared event utilicorp point exercise right require us post additional security regards derek lori poffenroth november 9 memo sarah butt administrative assistant enron energy services canada corp enron direct canada corp 403 663 2828