Common Contracts
1 similar Master Netting Agreement contracts
ContractMaster Netting Agreement • August 7th, 2021 • California
This Master Netting Agreement (“Agreement”), entered into as of the 1st day of November 1, 2000, constitutes the understanding between Enron North America Corp. (“ENA”) and Southern California Gas Company (“SoCalGas”) (each, a "Party" and collectively, the "Parties") pertaining to certain obligations arising out of all existing and future agreements between the Parties as defined in 1(c) relative to the sale, purchase, parking, loaning, wheeling or exchange of Commodities. The Parties desire to provide a method by which any amounts due under the Contracts shall be settled by a monthly netting settlement and by which Contracts shall be terminated and liquidated under the circumstances set forth below.
