Master Netting Agreement

Master Netting Agreement version 1.1 was published on October 25, 2002 and version 1.2, with minor revisions, was published January 2003.  Version 1.2 is accessible below in PDF as well as Microsoft Word 2000.  A comparison of the two versions is also posted below.

The Legal Landscape

To make sure that potential users are fully aware of important legal issues affecting use of the Master Netting Agreement, EEI has prepared a document called a "Legal Landscape" which discusses how a netting agreement could be affected by bankruptcy and commercial laws as well as issues to consider in entering into Master Netting Agreements.

This memorandum is intended to provide non-lawyers and lawyers who are not specialists in this area with a survey of relevant legal issues that will be useful when consulting one's own counsel, but it does not constitute legal advice or a legal opinion. This memorandum provides general information and is intended to be used for information purposes only. It is not intended as a comprehensive treatment of the issues mentioned, nor as a substitute for legal advice. It is not intended to create, and receipt does not constitute, an attorney-client relationship.

Parties contemplating entering into a master netting agreement are strongly urged to consult with their own counsel.

Neither EEI not any person involved in the preparation of this meorandum assumes any responsibility for any use of this memorandum, the EEI Master Netting Agreement and any related documentation of the User's Guide.

• Survey of the Legal Landscape Applicable to Master Netting Agreement  
• Master Netting Agreement (version 1.2)
• Redline comparison of versions 1.1 and 1.2
  

© 2008 Edison Electric Institute