text_combined: enron direct canada corp lcs expiring 12 31 2001 tariff require l c renewed time wait mid december bill original message mihalik teresa sent friday november 16 2001 5 35 pm brackett debbie r bradford william cc harris molly cross darren subject fw enron direct canada corp lcs expiring 12 31 2001 debbie bill enron direct canada corp ees canada 7 lcs expiring 12 31 01 order continue serving current retail customers existing contracts adding new retail customers alberta security requirements need met enron direct canada corp estimated requirements time lcs expire outlined email total security requirement comes approximately 6 million usd bank lcs toronto dominion bank notified enron corp treasury renew lcs enron corp meet credit requirements provide guaranty order continue operate contracts alberta looks like alternatives point either provide new lcs post cash end november expect requested provide security please let us know additional information need consider request security teresa original message joslyn kate sent friday november 16 2001 8 41 flaman derek mihalik teresa cc poffenroth lori domingo leela cross darren slaughter christopher hedstrom peggy powley barry subject enron direct canada corp lcs expiring 12 31 2001 theresa time enmax lc put place enmax would accept parental guarantees companies rating knowledge lowered threshold kate original message flaman derek sent thursday november 15 2001 5 41 pm mihalik teresa cc poffenroth lori domingo leela cross darren joslyn kate slaughter christopher hedstrom peggy powley barry subject enron direct canada corp lcs expiring 12 31 2001 theresa respect enmax credit requirements guarantor specific ratings thresholds legal documentation enmax terms conditions work kate ascertain enmax credit department knows specific ratings thresholds done either kate advise respect general processes surrounding holding cash canadian bank know enron canada policy take cash collateral wire transfer bank account primary reason policy involves risks associated personal property registration system perfect security interest wire transfer requires registration financing statement multi jurisdictional cumbersome even registration one guaranteed priority enron canada position respect cash collateral know enmax would accept c 600 suspect reasons may far process holding cash canadian bank speak relevant operations credit person perhaps lori cheryl dawes contact please let know need assistance respect matter derek original message mihalik teresa sent thursday november 15 2001 4 25 pm cross darren joslyn kate poffenroth lori domingo leela flaman derek powley barry cc hedstrom peggy harris molly slaughter christopher brackett debbie r subject enron direct canada corp lcs expiring 12 31 2001 darren et al received reviewed info company security requirements faxed leela derek derek sent info mark powell sent based reviewed security amount required approx total us 6 000 000 acceptable forms security outlined atco estimated security requirement 12 31 01 c 450 000 guaranty rated company lc cash enmax calgary red deer lethbridge estimated security requirement 12 31 01 c 1 850 000 c 75 000 c 65 000 guaranty guarantor meets enmax credit requirements state credit requirements lc cash epcor estimated security requirement 12 31 01 c 1 000 000 guaranty bbb rated company bank guaranty lc cash held canadian bank town ponoka estimated security requirement 12 31 01 c 12 000 guaranty bbb rated company bank guaranty lc cash held canadian bank power pool alberta estimated security requirement 12 31 01 c 6 000 000 bank guaranty letter guaranty lc cash deposit drawn canadian bank trust company credit union lending institution acceptable council derek please find enmax credit requirements guarantor well explain process holding cash canadian bank previously tried post cash c 600 security requirement enmax calgary accept required letter credit need verification posting cash problem need understand process answers questions determine proceed thanks teresa