Exhibit 10.2
SECOND AMENDMENT TO REVOLVING CREDIT AGREEMENT
THIS SECOND AMENDMENT TO REVOLVING CREDIT AGREEMENT (this “Second Amendment”) is
made and entered into as of the 16th day of September, 2015 (the “Second
Amendment Effective Date”), among ENTERPRISE PRODUCTS OPERATING LLC, a Texas
limited liability company (“Borrower”), WELLS FARGO BANK, NATIONAL ASSOCIATION,
as administrative agent (in such capacity, the “Administrative Agent”) for each
of the lenders (the “Lenders”) that is a signatory or which becomes a signatory
to the hereinafter defined Credit Agreement, the Lenders and Issuing Banks party
hereto, CITIBANK, N.A., DNB BANK ASA, NEW YORK BRANCH, JPMORGAN CHASE BANK,
N.A., MIZUHO BANK, LTD. and THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., as
Co-Syndication Agents, and ROYAL BANK OF CANADA, THE BANK OF NOVA SCOTIA,
SUNTRUST BANK and UBS SECURITIES LLC, as Co-Documentation Agents, and WELLS
FARGO SECURITIES, LLC, CITIGROUP GLOBAL MARKETS INC., DNB MARKETS, INC., J.P.
MORGAN SECURITIES LLC, MIZUHO BANK, LTD., THE BANK OF TOKYO-MITSUBISHI UFJ,
LTD., RBC CAPITAL MARKETS, THE BANK OF NOVA SCOTIA, SUNTRUST ROBINSON HUMPHREY,
INC., and UBS SECURITIES LLC., as Joint Lead Arrangers and Joint Book Runners.

R E C I T A L S:
A.            On September 7, 2011, the Borrower, Canadian Enterprise Gas
Products, Ltd. (“CEGP”), the lenders party thereto and the Administrative Agent
entered into a certain Revolving Credit Agreement (as amended by First Amendment
to Revolving Credit Agreement dated June 19, 2013, the “Credit Agreement”)
whereby, upon the terms and conditions therein stated, the lenders party to the
Credit Agreement agreed to make certain Loans (as defined in the Credit
Agreement) and extend certain credit to the Borrower and CEGP.
B.            The parties hereto mutually desire to amend the Credit Agreement
as hereinafter set forth.
NOW, THEREFORE, in consideration of the mutual covenants and agreements herein
contained, the Borrower, the Lenders party hereto and the Administrative Agent
hereby agree as follows:
1.               Certain Definitions.
1.1            Terms Defined Above.  As used in this Second Amendment, the terms
“Administrative Agent”, “Borrower”, “Credit Agreement”, “CEGP”, “Second
Amendment” and “Second Amendment Effective Date”, shall have the meanings
indicated above.
1.2            Terms Defined in Agreement.  Unless otherwise defined herein, all
terms beginning with a capital letter which are defined in the Credit Agreement
shall have the same meanings herein as therein unless the context hereof
otherwise requires.
1.3            Additional Terms.  As used herein, “Exiting Lender” means any
Person that is a Lender under the Credit Agreement immediately prior to the
Second Amendment Effective Date and not a signatory hereto as a Lender.
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2.               Amendments to Credit Agreement.
2.1            Facility Amount.  The reference to “$3,500,000,000” on the cover
page of the Credit Agreement is hereby amended to refer instead to
“$4,000,000,000”.
2.2            Defined Terms.
(a)            The term “Agreement,” as defined in Section 1.01 of the Credit
Agreement, is hereby amended to mean the Credit Agreement, as amended by this
Second Amendment and as the same may from time to time be further amended or
supplemented.
(b)            The table set forth in the definition of the term “Applicable
Rate,” as defined in Section 1.01 of the Credit Agreement, is hereby amended in
its entirety to read as follows:
Index Debt Ratings:
(Moody’s/S&P)
 
Eurodollar Spread
 
ABR Spread
 
Facility Fee Rate
 
Category 1    > A3/A-
 
 
0.900%
 
 
0.000%
 
 
0.100%
 
 
Category 2    Baa1/BBB+
 
 
1.000%
 
 
0.000%
 
 
0.125%
 
 
Category 3    Baa2/BBB
 
 
1.100%
 
 
0.100%
 
 
0.150%
 
 
Category 4    Baa3/BBB-
 
 
1.300%
 
 
0.300%
 
 
0.200%
 
 
Category 5    < Ba1/BB+
 
 
1.350%
 
 
0.350%
 
 
0.275%
 

(c)            The last sentence of the definition of “Commitments” as defined
in Section 1.01 of the Credit Agreement is hereby amended in its entirety to
read as follows:
The aggregate amount of the Lenders' Commitments as of the Second Amendment
Effective Date is $4,000,000,000.
(d)            The definition of “Excluded Taxes” as defined in Section 1.01 of
the Credit Agreement is hereby amended by deleting the last sentence thereof and
amending subclause (d) thereof in its entirety to read as follows:
(d) any U.S. federal withholding Taxes imposed by FATCA.
(e)            The first sentence of the definition of “Issuing Bank” as defined
in Section 1.01 of the Credit Agreement is hereby amended in its entirety to
read as follows:
“Issuing Bank” means each of Wells Fargo Bank, National Association, Citibank,
N.A., DNB Bank ASA. New York Branch, JPMorgan Chase Bank, N.A., Mizuho Bank,
Ltd. and The Bank of Tokyo-Mitsubishi UFJ, Ltd., in its capacity as an issuer of
Letters of Credit hereunder, and its successors in such capacity as provided in
Section 2.06(i).
(f)            The reference to “for any Interest Period” in the introductory
clause of the definition of “LIBO Rate” as defined in Section 1.01 of the Credit
Agreement is hereby amended to refer instead to “for any Interest Period, the
greater of (i) zero percent (0%) and (ii)”.
 
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(g)            The reference to “December 31, 2010” in the definition of
“Material Adverse Change” as defined in Section 1.01 of the Credit Agreement is
hereby amended to refer instead to “December 31, 2014”.
(h)            The definition of “Maturity Date” as defined in Section 1.01 of
the Credit Agreement is hereby amended in its entirety to read as follows:
"Maturity Date" means the fifth anniversary of the Second Amendment Effective
Date, as may be extended pursuant to Section 2.01(c).
(i)            The definition of “364-Day Credit Facility” as defined in Section
1.01 of the Credit Agreement is hereby amended in its entirety to read as
follows:
“364-Day Credit Facility” means the revolving credit facility of the Borrower
under that certain 364-Day Revolving Credit Agreement dated as of September 30,
2014, among the Borrower, Citibank, N.A., as administrative agent, and the
lenders party thereto, as amended by First Amendment to 364-Day Credit Agreement
dated as of September 16, 2015, together with any and all other amendments and
supplements thereto
(j)            Additional Defined Terms.  Section 1.01 of the Credit Agreement
is hereby further amended and supplemented by adding the following new
definitions, which read in their entirety as follows:
“Anti-Corruption Laws” means all laws, rules, and regulations of any
jurisdiction applicable to the Borrower or its Subsidiaries from time to time
concerning or relating to bribery or corruption.
“Designated Persons” means a person or entity: (i) listed in the annex to, or
otherwise the subject of the provisions of, any executive order administered by
OFAC or the U.S. Department of State or (ii) named as a “Specially Designated
National and Blocked Person” or a “Foreign Sanctions Evaders” on the most
current list published by OFAC at its official website or any replacement
website or other replacement official publication of such list; or is otherwise
the subject of any Sanctions Laws and Regulations.
“OFAC” means The Office of Foreign Assets Control of the U.S. Department of the
Treasury.
“Sanctions Laws and Regulations” means economic or financial sanctions or trade
embargoes imposed, administered or enforced from time to time by (a) the U.S.
government, including those administered by OFAC or the U.S. Department of
State, or (b) the United Nations Security Council, the European Union or Her
Majesty’s Treasury of the United Kingdom.
“Second Amendment” means that certain Second Amendment to Revolving Credit
Agreement dated as of the Second Amendment Effective Date among the Borrower,
the Lenders and the Administrative Agent.
“Second Amendment Effective Date” means September 16, 2015.
 
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2.3            Accounting Terms; GAAP.  The reference to “June 30, 2011” in the
last sentence of Section 1.04 of the Credit Agreement is hereby amended to refer
instead to “June 30, 2015”.
2.4            Commitments.  The  reference to “$4,000,000,000” in clause (ii)
of Section 2.01(b) of the Credit Agreement is hereby amended to refer instead to
“$4,500,000,000”.
2.5            Extension of Maturity Date.  Any request for an extension of the
Maturity Date made prior to the date of the Second Amendment Effective Date
shall be disregarded for purposes of Section 2.01(c) of the Credit Agreement. 
For the avoidance of doubt, Borrower may make up to two (2) requests for a
one-year extension of the Maturity Date pursuant to such Section 2.01(c) after
the Second Amendment Effective Date.
2.6            LC Exposure Sublimit.  The reference to “$500,000,000” in clause
(i) of the third sentence of Section 2.06(b) of the Credit Agreement is hereby
amended to refer instead to “$250,000,000”.
2.7            Anti-Corruption Laws, Sanctions Laws and Regulations.  Article
III of the Credit Agreement is hereby amended by adding a new Section 3.13 at
the end thereof, to read as follows:
SECTION 3.13.  Anti-Corruption Laws; Sanctions Laws and Regulations.  The
Borrower and its Subsidiaries have instituted and maintain policies and
procedures designed to ensure, and which are reasonably expected to continue to
ensure, continued compliance with Anti-Corruption Laws and applicable Sanctions
Laws and Regulations.  The Borrower and its Subsidiaries and, to the knowledge
of the Borrower and its Subsidiaries, their respective officers, employees,
directors and agents, are in compliance with Anti-Corruption Laws and applicable
Sanctions Laws and Regulations in all respects (for the avoidance of doubt, this
representation shall not fail to be true and correct due to any failure or
failures to comply with Anti-Corruption Laws (i) that are isolated and do not
evidence a pervasive or systemic pattern of violations of such laws and
regulations or a significant deficiency in the implementation of the aforesaid
policies and procedures to ensure compliance by the Borrower and its
Subsidiaries with Anti-Corruption Laws or (ii) that arise from actions or
incidents that have been publicly disclosed by the Borrower or disclosed in
writing to the Administrative Agent (with a copy to Lenders), in each case, at
least twenty (20) days prior to the Effective Date).  Neither the Borrower nor
any of its Subsidiaries, or to their knowledge any of their directors or
officers, or any of their respective agents acting or benefiting in any capacity
in connection with this Agreement, is a Designated Person or is knowingly
engaged in any activity that could reasonably be expected to result in such
Person becoming a Designated Person.  No Loan, use of proceeds or other
transaction contemplated by this Agreement will result in a violation of
Anti-Corruption Laws or applicable Sanctions Laws and Regulations by the
Borrower or any of its Subsidiaries.
2.8            Compliance with Laws.  Section 5.06 of the Credit Agreement is
hereby amended by adding a new sentence at the end thereof, to read as follows:
The Borrower and its Subsidiaries will maintain in effect and enforce policies
and procedures designed to ensure, and which are reasonably expected to continue
to ensure, continued compliance with Anti-Corruption Laws and applicable
Sanctions Laws and Regulations.
 
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2.9            Use of Proceeds.  Section 5.07 of the Credit Agreement is hereby
amended by adding a new sentence at the end thereof, to read as follows:
The Borrower and its Subsidiaries shall not, and, to their knowledge, their
respective officers, employees, directors and agents (in their capacity as
officers, employees, directors or agents, respectively, of the Borrower or any
of its Subsidiaries), shall not, use the proceeds of any Loan (i) to fund any
activities or business of or with any Designated Person, or in any country or
territory, that at the time of such funding is the subject of any sanctions
under any Sanctions Laws and Regulations (on the Second Amendment Effective
Date, Crimea, Cuba, Iran, North Korea, Sudan, Syria and Ukraine-related), (ii)
in any other manner  that would result in a material violation of any Sanctions
Laws and Regulations by the Borrower or its Subsidiaries or (iii) in furtherance
of an offer, payment, promise to pay, or authorization of the payment or giving
of money, or anything else of value, to any Person in violation of any
Anti-Corruption Laws.
2.10            Notices to Issuing Banks.  Section 9.01(e) of the Credit
Agreement is hereby amended in its entirety to read as follows:
(e)            if to an Issuing Bank, to it at its address (or telecopy number)
of record with the Administrative Agent, which Administrative Agent shall
provide to the Borrower or any Lender upon request from time to time;
2.11            Commitment Schedule; Exiting Lenders.  Schedule 2.01 to the
Credit Agreement is hereby amended in its entirety to read as set forth on
Schedule 2.01 attached hereto.  In connection therewith, Borrower,
Administrative Agent and Lenders shall make adjustments to (i) the outstanding
principal amount of Revolving Loans (but not any interest accrued thereon prior
to the Second Amendment Effective Date or any accrued facility fees under the
Credit Agreement prior to the Second Amendment Effective Date), including the
borrowing of additional Revolving Loans (which may include Eurodollar Loans) and
the repayment of Revolving Loans (which may include the prepayment or conversion
of Eurodollar Loans) and the prepayment in full of all Revolving Loans made by
Exiting Lenders (if any), plus all applicable accrued interest, fees and
expenses as shall be necessary to provide for Revolving Loans by each Lender in
the amount of its new Applicable Percentage of all Revolving Loans as of the
Second Amendment Effective Date, and (ii) participations in outstanding Letters
of Credit as of the Second Amendment Effective Date to provide for each Lender’s
participation in each outstanding Letter of Credit as of the Second Amendment
Effective Date equal to such Lender's new Applicable Percentage of the aggregate
amount available to be drawn under each such Letter of Credit as of the Second
Amendment Effective Date.  In connection with the foregoing, each Lender shall
be deemed to have made an assignment of its outstanding Revolving Loans and
Commitments under the Credit Agreement, and assumed outstanding Revolving Loans
and Commitments of other Lenders under the Credit Agreement, all at the request
of the Borrower, as may be necessary to effect the foregoing, and each such
Lender shall be entitled to any reimbursement under Section 2.16 of the Credit
Agreement with respect thereto.  As of the Second Amendment Effective Date, each
Exiting Lender shall cease to be a Lender under the Credit Agreement and shall
be released from its obligations under the Credit Agreement.
2.12            Maximum Issuing Bank LC Exposure.  Schedule 2.06(b) to the
Credit Agreement is hereby amended in its entirety to read as set forth on
Schedule 2.06(b) attached hereto.
 
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2.13            Exhibits.  The Issuing Bank signature block on the form of
consent for execution by the Issuing Bank on Exhibit A to the Credit Agreement
is hereby amended to add signature blocks for each Issuing Bank.
2.14            CEGP.  With respect to CEGP and provisions in the Credit
Agreement and the EPD Guaranty Agreement referencing CEGP and Canadian law:
(a)            The CEGP Sublimit set forth in the Credit Agreement is hereby set
at $0.00;
(b)            Administrative Agent and each Lender hereby releases (i) CEGP
from its obligations under the Credit Agreement and (ii) Borrower (but not EPD)
from its obligations under the EPD Guaranty Agreement;
(c)            CEGP shall no longer be a party to the Credit Agreement, CEGP
shall have no further right to request Loans under the Credit Agreement, and no
Lender shall have any obligation to make any Loan to CEGP;
(d)            all Notes previously executed by CEGP pursuant to the Credit
Agreement are hereby canceled;
(e)            all provisions in the Credit Agreement or the EPD Guaranty
Agreement that specifically refer to laws that are applicable in Canada or to
Canadian entities are hereby deleted and of no further force or effect; and
(f)            all references to “CEGP” contained in the Credit Agreement or the
EPD Guaranty Agreement are hereby deleted and of no further force or effect to
the extent applicable to CEGP or any obligation of CEGP.  For the avoidance of
doubt, any reference to any “Subsidiary” or “Subsidiaries” of EPD or Borrower
contained in the Credit Agreement or the EPD Guaranty Agreement shall continue
to refer to CEGP so long as CEGP shall be a Subsidiary thereof.
2.15            Conditions Precedent.  The obligation of the Lenders party
hereto and the Administrative Agent to enter into this Second Amendment shall be
conditioned upon the following conditions precedent:
(a)            The Administrative Agent shall have received a copy of this
Second Amendment, duly completed and executed by the Borrower and each Lender;
and acknowledged and ratified by EPD, as Guarantor, pursuant to a duly executed
Acknowledgement and Ratification of Guarantor in the form of Exhibit A attached
hereto.
(b)            The Administrative Agent shall have received favorable written
opinions (addressed to the Administrative Agent and the Lenders and dated the
Second Amendment Effective Date) of Christopher S. Wade, in-house counsel for
Borrower and EPD, and Locke Lord LLP, counsel for Borrower and EPD,
substantially in the forms delivered in connection with the Credit Agreement and
reasonably satisfactory to the Administrative Agent and its counsel.
(c)            The Administrative Agent shall have received such documents and
certificates as the Administrative Agent or its counsel may reasonably request
relating to (1) the organization and existence of the Borrower and EPD, (2) the
authorization of this Second Amendment and any other legal matters relating to
the Borrower, EPD, this Second Amendment or the Credit Agreement, all in form
and substance reasonably satisfactory to the Administrative Agent and its
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counsel, and (3) with respect to EPD, the authorization of the Ratification and
Acknowledgement of Guarantor attached hereto.
(d)            The Administrative Agent shall have received each promissory note
requested by a Lender pursuant to Section 2.10(e) of the Credit Agreement, each
duly completed and executed by the Borrower.
(e)            The Administrative Agent shall have received a certificate, dated
the Second Amendment Effective Date and signed by the President, an Executive
Vice President or a Financial Officer of the Borrower, confirming compliance
with the conditions set forth in paragraphs (a) and (b) of Section 4.02 of the
Credit Agreement, as amended hereby, and Section 2.15(g) hereof.
(f)            The Administrative Agent shall have received all fees and other
amounts due and payable on or prior to the Second Amendment Effective Date,
including, to the extent invoiced prior to closing, reimbursement or payment of
all out-of-pocket expenses required to be reimbursed or paid by the Borrower
hereunder.
(g)            As of the Second Amendment Effective Date, no Material Adverse
Change exists.
(h)            The Lenders shall have received (i) the audited financial
statements for the Borrower and its Subsidiaries for the period ended December
31, 2014, and (ii) the unaudited financial statements for the Borrower and its
Subsidiaries and EPD's Form 10-Q for the fiscal quarter ending June 30, 2015.
(i)            All necessary governmental and third-party approvals, if any,
required to be obtained by the Borrower in connection with this Second Amendment
and otherwise referred to herein shall have been obtained and remain in effect
(except where failure to obtain such approvals will not have a Material Adverse
Effect), and all applicable waiting periods shall have expired without any
action being taken by any applicable authority.
(j)            The Borrower shall have entered into an amendment to the 364-Day
Credit Facility, in form and substance reasonably satisfactory to the
Administrative Agent, effective contemporaneous with the effectiveness hereof,
providing for, among other things, that each Lender’s “Applicable Percentage”
(as defined therein) thereunder is equal to such Lender’s Applicable Percentage
under the Credit Agreement, as amended hereby, as of the effectiveness hereof,
and the Administrative Agent shall have received a copy thereof.
(k)            As of the Second Amendment Effective Date, the CEGP Exposure
shall be zero.
(l)              The Administrative Agent shall have received such other
information, documents or instruments as it or its counsel may reasonably
request.
2.16            Effectiveness.  Subject to the satisfaction of the conditions
precedent set forth in Section 2.15 hereof, this Second Amendment shall be
effective as of the Second Amendment Effective Date.  On and after the
effectiveness of this Second Amendment, this Second Amendment shall for all
purposes constitute a loan document.
3.            Representations and Warranties.  The Borrower represents and
warrants that:
 
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(a)            there exists no Default or Event of Default under the Credit
Agreement, as hereby amended;
(b)            the Borrower has performed and complied with all covenants,
agreements and conditions contained in the Credit Agreement, as hereby amended,
required to be performed or complied with by it;
(c)            the representations and warranties of the Borrower contained in
the Credit Agreement, as hereby amended, were true and correct in all material
respects when made, and are true and correct in all material respects at and as
of the time of delivery of this Second Amendment, except, in each case, to the
extent such representations and warranties relate to an earlier date, in which
case such representations and warranties were true and correct in all material
respects as of such earlier date;
(d)            the execution, delivery and performance of this Second Amendment
are within the Borrower's limited liability company powers and have been duly
authorized by all necessary limited liability company and, if required, member
action; and
(e)            this Second Amendment has been duly executed and delivered by the
Borrower and constitutes a legal, valid and binding obligation of the Borrower,
enforceable against the Borrower in accordance with its terms, subject to
applicable bankruptcy, insolvency, reorganization, moratorium or other laws
affecting creditors' rights generally and subject to general principles of
equity, regardless of whether considered in a proceeding in equity or at law.
4.            Extent of Amendments.  Except as expressly herein set forth, all
of the terms, conditions, defined terms, covenants, representations, warranties
and all other provisions of the Credit Agreement are herein ratified and
confirmed and shall remain in full force and effect.  The execution, delivery
and effectiveness of this Second Amendment shall not, except as expressly
provided herein, operate as a waiver of any right, power or remedy of any Lender
or the Administrative Agent under any of the loan documents, nor constitute a
waiver of any provision of any of the loan documents.
5.            Counterparts.  This Second Amendment may be executed in two or
more counterparts, and it shall not be necessary that the signatures of all
parties hereto be contained on any one counterpart hereof; each counterpart
shall be deemed an original, but all of which together shall constitute one and
the same instrument.
6.            References.  On and after the Second Amendment Effective Date, the
terms “Agreement”, “hereof”, “herein”, “hereunder”, and terms of like import
when used in the Credit Agreement shall, except where the context otherwise
requires, refer to the Credit Agreement, as amended by this Second Amendment.
7.            Governing Law.  This Second Amendment shall be governed by and
construed in accordance with the laws of the State of New York and applicable
federal law.
THIS SECOND AMENDMENT, THE CREDIT AGREEMENT, AS AMENDED HEREBY, THE NOTES AND
THE OTHER DOCUMENTS EXECUTED IN CONNECTION HEREWITH OR THEREWITH REPRESENT THE
FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY
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EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE
PARTIES.
THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES.
This Second Amendment shall benefit and bind the parties hereto, as well as
their respective assigns, successors, heirs and legal representatives.
[Signatures Begin on Next Page]
 
 
 
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EXECUTED as of the Second Amendment Effective Date.

   
BORROWER:
 
   
ENTERPRISE PRODUCTS OPERATING LLC,
   
a Texas limited liability company
           
By:
Enterprise Products OLPGP, Inc.,
   its Manager
                   
By:
    /s/ Christian M Nelly      
Christian M. “Chris” Nelly
     
Vice President and Treasurer

 

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WELLS FARGO BANK, NATIONAL ASSOCIATION,
   
as Administrative Agent, an Issuing Bank,
Swingline Lender and a Lender
   
 
 
     
By:
    /s/ Michael A. Tribolet
     
Name:
Michael A. Tribolet
     
Title:
Managing Director

 
 
 
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CITIBANK, N.A.,
   
as Co-Syndication Agent, an Issuing Bank
and a Lender
   
 
 
     
By:
    /s/ Richard Rivera 
     
Name:
Richard Rivera 
     
Title:
Vice President

 
 
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DNB BANK ASA, NEW YORK BRANCH,
   
as Co-Syndication Agent and an Issuing Bank
   
 
 
     
By:
    /s/ Caroline Adams
     
Name:
Caroline Adams
     
Title:
First Vice President
 
 
 
 
By:
    /s/ Bjørn E. Hammerstad
 
Name:
Bjørn E. Hammerstad
 
Title:
Senior Vice President

 
 

   
DNB CAPITAL LLC, as a Lender
   
 
           
By:
    /s/ Caroline Adams
     
Name:
Caroline Adams
     
Title:
First Vice President
 
 
 
 
By:
    /s/ Bjørn E. Hammerstad
 
Name:
Title:
Bjørn E. Hammerstad
Senior Vice President

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JPMORGAN CHASE BANK, N.A.,
   
as Co-Syndication Agent, an Issuing Bank
and a Lender
   
 
 
     
By:
    /s/ Darren Vanek
     
Name:
Darren Vanek
     
Title:
Authorized Signatory

 
 
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MIZUHO BANK, LTD.,
   
as Co-Syndication Agent, an Issuing Bank
and a Lender
   
 
 
     
By:
    /s/ Leon Mo
     
Name:
Leon Mo
     
Title:
Authorized Signatory

 
 
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THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.,
   
as Co-Syndication Agent, an Issuing Bank
and a Lender
   
 
 
     
By:
    /s/ Todd Vaubel
     
Name:
Todd Vaubel
     
Title:
Vice President

 
 
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ROYAL BANK OF CANADA,
   
as Co-Documentation Agent and a Lender
   
 
 
     
By:
    /s/ Jim Allred
     
Name:
Jim Allred
     
Title:
Authorized Signatory

 
 
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SUNTRUST BANK,
   
as Co-Documentation Agent and a Lender
   
 
 
     
By:
    /s/ Carmen Malizia
     
Name:
Carmen Malizia
     
Title:
Director

 
 
 
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THE BANK OF NOVA SCOTIA,
   
as Co-Documentation Agent and a Lender
   
 
 
     
By:
    /s/ Mark Sparrow
     
Name:
Mark Sparrow
     
Title:
Director

 
 
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UBS SECURITIES LLC,
   
as Co-Documentation Agent
   
 
 
     
By:
    /s/ Houssem Daly
     
Name:
Houssem Daly
     
Title:
Associate Director
 
 
 
 
By:
    /s/ Darlene Arias
 
Name:
Darlene Arias
 
Title:
Director

 
 

   
UBS AG, STAMFORD BRANCH,
as a Lender
   
 
           
By:
    /s/ Darlene Arias
     
Name:
Darlene Arias      
Title:
Director
 
 
 
 
By:
    /s/ Houssem Daly
 
Name:
Title:
Houssem Daly
Associate Director

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BANK OF AMERICA, N.A., a Lender
   
 
   
 
     
By:
    /s/ Alia Qaddumi
     
Name:
Alia Qaddumi
     
Title:
Vice President

 
 
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BARCLAYS BANK PLC, as a Lender
   
 
   
 
     
By:
    /s/ Vanessa Kurbatskiy
     
Name:
Vanessa Kurbatskiy
     
Title:
Vice President

 
 
S-12

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COMPASS BANK, a Lender
   
 
   
 
     
By:
    /s/ Umar Hassan
     
Name:
Umar Hassan
     
Title:
Senior Vice President

 
 

S-13

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CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH,
a Lender
   
 
   
 
     
By:
    /s/ Doreen Barr
     
Name:
Doreen Barr
     
Title:
Authorized Signatory
 
 
 
 
By:
    /s/ Michael Moreno
 
Name:
Michael Moreno
 
Title:
Authorized Signatory

 
 
S-14

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DEUTSCHE BANK AG NEW YORK BRANCH,
   
a Lender
   
 
 
     
By:
    /s/ Virginia Cosenza
     
Name:
Virginia Cosenza
     
Title:
Vice President
 
 
 
 
By:
    /s/ Ming K. Chu  
Name:
Ming K. Chu
 
Title:
Vice President

S-15

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SOCIETE GENERALE, a Lender
   
 
   
 
     
By:
    /s/ Diego Medina
     
Name:
Diego Medina
     
Title:
Director

 
 
S-16

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SUMITOMO MITSUI BANKING CORP.,
a Lender
   
 
   
 
     
By:
    /s/ David Kee
     
Name:
David Kee
     
Title:
Managing Director

 
 
S-17

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TORONTO DOMINION (TEXAS) LLC, a Lender
   
 
   
 
     
By:
    /s/ Rayan Karim
     
Name:
Rayan Karim
     
Title:
Authorized Signatory

 
 
S-18

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U.S. BANK NATIONAL ASSOCIATION,
a Lender
   
 
   
 
     
By:
    /s/ Patrick Jeffrey
     
Name:
Patrick Jeffrey
     
Title:
Vice President

 
 
S-19

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MORGAN STANLEY BANK, N.A.,
a Lender
   
 
   
 
     
By:
    /s/ Michael King
     
Name:
Michael King
     
Title:
Authorized Signatory

 
 
S-20

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RAYMOND JAMES BANK, N.A., a Lender
   
 
   
 
     
By:
    /s/ Alexander L. Rody
     
Name:
Alexander L. Rody
     
Title:
Senior Vice President

 

S-21

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SCHEDULE 2.01
COMMITMENTS
 
Lender
 
 

Commitment
   

Applicable Percentage*
 
 
Wells Fargo Bank, National Association
 
 
$
207,272,727.27
     
5.1818181818
%
 
Citibank, N.A.
 
 
$
207,272,727.27
     
5.1818181818
%
 
DNB Capital LLC
 
 
$
207,272,727.27
     
5.1818181818
%
 
JPMorgan Chase Bank, N.A.
 
 
$
207,272,727.27
     
5.1818181818
%
 
Mizuho Bank, Ltd.
 
 
$
207,272,727.27
     
5.1818181818
%
 
The Bank of Tokyo-Mitsubishi UFJ, Ltd.
 
 
$
207,272,727.27
     
5.1818181818
%
 
Royal Bank of Canada
 
 
$
207,272,727.27
     
5.1818181818
%
 
SunTrust Bank
 
 
$
207,272,727.27
     
5.1818181818
%
 
The Bank of Nova Scotia
 
 
$
207,272,727.27
     
5.1818181818
%
 
UBS AG, Stamford Branch
 
 
$
207,272,727.27
     
5.1818181818
%
 
Bank of America, N.A.
 
 
$
194,909,090.91
     
4.8727272727
%
 
Barclays Bank PLC
 
 
$
194,909,090.91
     
4.8727272727
%
 
Compass Bank
 
 
$
194,909,090.91
     
4.8727272727
%
 
Credit Suisse AG, Cayman Islands Branch
 
 
$
194,909,090.91
     
4.8727272727
%
 
Deutsche Bank AG New York Branch
 
 
$
194,909,090.91
     
4.8727272727
%
 
Société Générale
 
 
$
194,909,090.91
     
4.8727272727
%
 
Sumitomo Mitsui Banking Corp.
 
 
$
194,909,090.91
     
4.8727272727
%
 
Toronto Dominion (Texas) LLC
 
 
$
194,909,090.91
     
4.8727272727
%
 
U.S. Bank National Association
 
 
$
194,909,090.91
     
4.8727272727
%
 
Morgan Stanley Bank, N.A.
 
 
$
145,818,181.82
     
3.6454545455
%
 
Raymond James Bank, N.A.
 
 
$
27,272,727.29
     
0.6818181818
%
 
TOTAL
 
 
$
4,000,000,000.00
     
100.0000000000
%

*Rounded to 10 decimal places
 

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SCHEDULE 2.06(b)
ISSUING BANK MAXIMUM LC FACE AMOUNT
Issuing
Bank                                                                                                                              
                                                                                                                      
 Maximum LC Face Amount
Wells Fargo Bank, National
Association                                                                                                                                                               
   $41,666,666.67
Citibank,
N.A.                                                                                                                                                                                                                                           
    $41,666,666.67
DNB Bank ASA. New York
Branch                                                                                                                                                                   
        $41,666,666.67
JPMorgan Chase Bank,
N.A.                                                                                                                                                                                        
         $41.666,666.67
Mizuho Bank,
Ltd.                                                                                                                                                                                                                          
        $41,666,666.66
The Bank of Tokyo-Mitsubishi UFJ,
Ltd.                                                                                                                                                       
       $41,666,666.66

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EXHIBIT A
ACKNOWLEDGMENT AND RATIFICATION OF GUARANTOR
The undersigned (“Guarantor”) hereby expressly acknowledges the terms of the
foregoing Second Amendment to Revolving Credit Agreement and, subject to Section
2.14 of the foregoing Second Amendment to Revolving Credit Agreement with
respect to CEGP or any of its Obligations, hereby expressly (i) ratifies and
affirms its obligations under its Guaranty Agreement dated as of September 7,
2011, in favor of the Administrative Agent; (ii) acknowledges, renews and
extends its continued liability under said Guaranty Agreement and Guarantor
hereby agrees that its Guaranty Agreement remains in full force and effect; and
(iii) guarantees to the Administrative Agent the prompt payment when due of all
amounts owing or to be owing by it under its Guaranty Agreement pursuant to the
terms and conditions thereof.
The foregoing acknowledgment and ratification of the undersigned Guarantor shall
be evidenced by signing the space provided below, to be effective as of the
Second Amendment Effective Date.

   
ENTERPRISE PRODUCTS PARTNERS L.P.,
   
 a Delaware limited partnership
           
By:
Enterprise Products Holdings LLC,
   General Partner
           
By:
    /s/ Christian M. Nelly
     
Christian M. “Chris” Nelly
     
Vice President and Treasurer

 
 

 

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