Exhibit 10.2

ATLAS PIPELINE PARTNERS, L.P.

ATLAS PIPELINE FINANCE CORPORATION

and

the Subsidiary Guarantors named herein

 

 

6  5/8% SENIOR NOTES DUE 2020

 

 

SUPPLEMENTAL INDENTURE

DATED AS OF DECEMBER 20, 2012

 

 

U.S. BANK NATIONAL ASSOCIATION,

Trustee

 

 

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This SUPPLEMENTAL INDENTURE, dated as of December 20, 2012 is among Atlas
Pipeline Partners, L.P., a Delaware limited partnership (the “Company”), Atlas
Pipeline Finance Corporation, a Delaware corporation (“Finance Co” and, together
with the Company, the “Issuers”), each of the parties identified under the
caption “Subsidiary Guarantors” on the signature page hereto (the “Subsidiary
Guarantors”) and U.S. Bank National Association, a national banking association,
as Trustee.

RECITALS

WHEREAS, the Issuers, the initial Subsidiary Guarantors and the Trustee entered
into an Indenture, dated as of September 28, 2012 (the “Indenture”), pursuant to
which the Issuers have issued $500,000,000 in principal amount of 6 5/8% Senior
Notes due 2020 (the “Notes”);

WHEREAS, Section 9.01(d) of the Indenture provides that the Issuers, the
Subsidiary Guarantors and the Trustee may amend or supplement the Indenture in
order to add Subsidiary Guarantors pursuant to Section 4.13 thereof, without the
consent of the Holders of the Notes;

WHEREAS, Section 9.01(a) if the Indenture provides that the Issuers, the
Subsidiary Guarantors and the Trustee may amend or supplement the Indenture in
order to cure any ambiguity, defect or inconsistency;

WHEREAS, the Issuers, the Subsidiary Guarantors and the Trustee have jointly
identified an ambiguity, defect or inconsistency in the Indenture in the
definition of “Permitted Liens”;

WHEREAS, the parties hereto have agreed to amend such definition to cure such
defect or inconsistency; and

WHEREAS, all acts and things prescribed by the Indenture, by law and by the
Certificate of Incorporation and the Bylaws (or comparable constituent
documents) of the Issuers, of the Subsidiary Guarantors and of the Trustee
necessary to make this Supplemental Indenture a valid instrument legally binding
on the Issuers, the Subsidiary Guarantors and the Trustee, in accordance with
its terms, have been duly done and performed;

NOW, THEREFORE, to comply with the provisions of the Indenture and in
consideration of the above premises, the Issuers, the Subsidiary Guarantors and
the Trustee covenant and agree for the equal and proportionate benefit of the
respective Holders of the Notes as follows:

ARTICLE 1

Section 1.01. This Supplemental Indenture is supplemental to the Indenture and
does and shall be deemed to form a part of, and shall be construed in connection
with and as part of, the Indenture for any and all purposes.

Section 1.02. This Supplemental Indenture shall become effective immediately
upon its execution and delivery by each of the Issuers, the Subsidiary
Guarantors and the Trustee.

ARTICLE 2

Section 1.01. From this date, in accordance with Section 4.13 and by executing
this Supplemental Indenture, the Guarantors whose signatures appear below are
subject to the provisions of the Indenture to the extent provided for in Article
10 thereunder.

Section 1.02. The definition of “Permitted Liens” in the Indenture is hereby
amended renumbering current clause (15) as clause (16), deleting the word “and”
and the end of clause (14), and adding the following: “(15) Liens on and pledges
of the Equity Interests of any Unrestricted Subsidiary or any Joint Venture
owned by the Company or any Restricted Subsidiary of the Company to the extent
securing Non-Recourse Debt or other Indebtedness of such Unrestricted Subsidiary
or Joint Venture; and”.

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ARTICLE 3

Section 3.01. Except as specifically modified herein, the Indenture and the
Notes are in all respects ratified and confirmed (mutatis mutandis) and shall
remain in full force and effect in accordance with their terms with all
capitalized terms used herein without definition having the same respective
meanings ascribed to them as in the Indenture.

Section 3.02. Except as otherwise expressly provided herein, no duties,
responsibilities or liabilities are assumed, or shall be construed to be
assumed, by the Trustee by reason of this Supplemental Indenture. This
Supplemental Indenture is executed and accepted by the Trustee subject to all
the terms and conditions set forth in the Indenture with the same force and
effect as if those terms and conditions were repeated at length herein and made
applicable to the Trustee with respect hereto.

Section 3.03. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

Section 3.04. The parties may sign any number of copies of this Supplemental
Indenture. Each signed copy shall be an original, but all of such executed
copies together shall represent the same agreement.

[NEXT PAGE IS SIGNATURE PAGE]

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IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture
to be duly executed, all as of the date first written above.

 

ATLAS PIPELINE PARTNERS, L.P. By: Atlas Pipeline Partners GP, LLC, its General
Partner By:  

/s/ Robert W. Karlovich, III

Name:   Robert W. Karlovich, III Title:   Chief Financial Officer & Chief
Accounting Officer ATLAS PIPELINE FINANCE CORPORATION By:  

/s/ Robert W. Karlovich, III

Name:   Robert W. Karlovich, III Title:   Chief Financial Officer ATLAS PIPELINE
OPERATING PARTNERSHIP, L.P. By: Atlas Pipeline Partners GP, LLC, its General
Partner ATLAS PIPELINE MID-CONTINENT HOLDINGS, LLC By: Atlas Pipeline Operating
Partnership, L.P., its sole member By: Atlas Pipeline Partners GP, LLC, its
General Partner APL LAUREL MOUNTAIN, LLC By: Atlas Pipeline Operating
Partnership, L.P., its sole member By: Atlas Pipeline Partners GP, LLC, its
General Partner ATLAS PIPELINE TENNESSEE, LLC By: Atlas Pipeline Operating
Partnership, L.P., its sole member By: Atlas Pipeline Partners GP, LLC, its
General Partner By:  

/s/ Robert W. Karlovich, III

Name:   Robert W. Karlovich, III Title:   Chief Financial Officer & Chief
Accounting Officer

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ATLAS PIPELINE MID-CONTINENT LLC By: Atlas Pipeline Mid-Continent Holdings, LLC,
its sole member By: Atlas Pipeline Operating Partnership, L.P., its sole member
By: Atlas Pipeline Partners GP, LLC, its General Partner APL BARNETT, LLC By:
Atlas Pipeline Mid-Continent Holdings, LLC, its sole member By: Atlas Pipeline
Operating Partnership, L.P., its sole member By: Atlas Pipeline Partners GP,
LLC, its General Partner SLIDER WESTOK GATHERING, LLC By: Atlas Pipeline
Mid-Continent Holdings, LLC, its sole member By: Atlas Pipeline Operating
Partnership, L.P., its sole member By: Atlas Pipeline Partners GP, LLC, its
General Partner ATLAS MIDKIFF, LLC By: Atlas Pipeline Mid-Continent Holdings,
LLC, its sole member By: Atlas Pipeline Operating Partnership, L.P., its sole
member By: Atlas Pipeline Partners GP, LLC, its General Partner ATLAS CHANEY
DELL, LLC By: Atlas Pipeline Mid-Continent Holdings, LLC, its sole member By:
Atlas Pipeline Operating Partnership, L.P., its sole member By: Atlas Pipeline
Partners GP, LLC, its General Partner By:  

/s/ Robert W. Karlovich, III

Name:   Robert W. Karlovich, III Title:   Chief Financial Officer & Chief
Accounting Officer

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NOARK ENERGY SERVICES, L.L.C. By: Atlas Pipeline Mid-Continent Holdings, LLC,
its sole member By: Atlas Pipeline Operating Partnership, L.P., its sole member
By: Atlas Pipeline Partners GP, LLC, its General Partner ATLAS PIPELINE NGL
HOLDINGS, LLC By: Atlas Pipeline Mid-Continent Holdings, LLC, its sole member
By: Atlas Pipeline Operating Partnership, L.P., its sole member By: Atlas
Pipeline Partners GP, LLC, its General Partner ATLAS PIPELINE NGL HOLDINGS II,
LLC By: Atlas Pipeline Mid-Continent Holdings, LLC, its sole member By: Atlas
Pipeline Operating Partnership, L.P., its sole member By: Atlas Pipeline
Partners GP, LLC, its General Partner VELMA INTRASTATE GAS TRANSMISSION COMPANY,
LLC By: Atlas Pipeline Mid-Continent LLC, its sole member By: Atlas Pipeline
Mid-Continent Holdings, LLC, its sole member By: Atlas Pipeline Operating
Partnership, L.P., its sole member By: Atlas Pipeline Partners GP, LLC, its
General Partner VELMA GAS PROCESSING COMPANY, LLC By: Atlas Pipeline
Mid-Continent LLC, its sole member By: Atlas Pipeline Mid-Continent Holdings,
LLC, its sole member By: Atlas Pipeline Operating Partnership, L.P., its sole
member By: Atlas Pipeline Partners GP, LLC, its General Partner By:  

/s/ Robert W. Karlovich, III

Name:   Robert W. Karlovich, III Title:   Chief Financial Officer & Chief
Accounting Officer

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PECOS PIPELINE LLC

By: APL Barnett, LLC, its sole member By: Atlas Pipeline Mid-Continent Holdings,
LLC, its sole member By: Atlas Pipeline Operating Partnership, L.P., its sole
member By: Atlas Pipeline Partners GP, LLC, its General Partner TESUQUE
PIPELINE, LLC By: APL Barnett, LLC, its sole member By: Atlas Pipeline
Mid-Continent LLC, its sole member By: Atlas Pipeline Operating Partnership,
L.P., its sole member By: Atlas Pipeline Partners GP, LLC, its General Partner
APL ARKOMA HOLDINGS, LLC By: Atlas Pipeline Mid-Continent Holdings, LLC, its
sole member By: Atlas Pipeline Operating Partnership, L.P., its sole member By:
Atlas Pipeline Partners GP, LLC, its General Partner APL ARKOMA MIDSTREAM, LLC
By: APL Arkoma Holdings, LLC By: Atlas Pipeline Mid-Continent Holdings, LLC, its
sole member By: Atlas Pipeline Operating Partnership, L.P., its sole member By:
Atlas Pipeline Partners GP, LLC, its General Partner APL GAS TREATING LLC By:
Atlas Pipeline Mid-Continent Holdings, LLC, its sole member By: Atlas Pipeline
Operating Partnership, L.P., its sole member By: Atlas Pipeline Partners GP,
LLC, its General Partner By:  

/s/ Robert W. Karlovich, III

Name:   Robert W. Karlovich, III Title:   Chief Financial Officer & Chief
Accounting Officer

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APL ARKOMA, INC. By:  

/s/ Robert W. Karlovich, III

Name:   Robert W. Karlovich, III Title:   Chief Financial Officer APL ARKOMA
HOLDINGS, LLC. By:  

/s/ Robert W. Karlovich, III

Name:   Robert W. Karlovich, III Title:   Chief Financial Officer

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U.S. BANK NATIONAL ASSOCIATION, as Trustee By:  

/s/ Steven A. Finklea

Name:   Steven A. Finklea Title:   Vice President