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Exhibit 10.4
 
 
EXECUTION VERSION

THIRD AMENDMENT TO GUARANTEE AND COLLATERAL AGREEMENT
(CREST ENTITIES) AND FOURTH AMENDMENT TO GUARANTEE AND COLLATERAL AGREEMENT
(NON-CREST ENTITIES)

This THIRD AMENDMENT TO GUARANTEE AND COLLATERAL AGREEMENT
(CREST ENTITIES) AND FOURTH AMENDMENT TO GUARANTEE AND COLLATERAL AGREEMENT
(NON-CREST ENTITIES) (collectively, this “Amendment”) is entered into, as of
September 17, 2009, by Cheniere Common Units Holding, LLC, a Delaware limited
liability company (the “Borrower”), the Guarantors and the Grantors (as defined
in the applicable Guarantee and Collateral Agreement, as each is referenced
below), and The Bank Of New York Mellon, as collateral agent (in such capacity
and together with its successors, the “Collateral Agent”).  All capitalized
terms used in this Amendment and not otherwise defined herein have the meanings
ascribed to such terms in the Guarantee and Collateral Agreements (as defined
below).

Preliminary Statements
 
A.           Borrower has entered into that certain Credit Agreement, dated as
of August 15, 2008, by and among the Borrower, the Administrative Agent, certain
affiliates of the Borrower signatory thereto and the Lenders from time to time
party thereto (as amended by that certain First Amendment to Credit Agreement,
dated as of September 15, 2008, Second Amendment to Credit Agreement, dated as
of December 31, 2008, Third Amendment to Credit Agreement, dated as of April 3,
2009, Fourth Amendment to Credit Agreement, dated as of April 9, 2009, Amendment
No. Four-A to Credit Agreement, dated as of April 27, 2009, Amendment No. Four-B
to Credit Agreement, dated as of April 28, 2009, Amendment No. Four-C to Credit
Agreement, dated as of June 23, 2009, Amendment No. Four-D to Credit Agreement,
dated as of June 29, 2009, and Fifth Amendment to Credit Agreement and Consent,
dated as of  September 17, 2009, as further amended, restated, supplemented or
otherwise modified from time to time, the “Credit Agreement”);

B.           In connection with the Credit Agreement, Borrower and certain of
its affiliates have entered into that certain Guarantee and Collateral Agreement
(Non-Crest Entities) (as amended by that certain First Amendment to Guarantee
and Collateral Agreement (Non-Crest Entities), and Second Amendment to Guarantee
and Collateral Agreements (Non-Crest Entities and Crest Entities), each dated as
of December 31, 2008,  Third Amendment to Guarantee and Collateral Agreement
(Non-Crest Entities), dated as of April 3, 2009, as further amended, restated,
supplemented or otherwise modified from time to time, the “Non-LNG Entities
Guarantee and Collateral Agreement”);

C.           In connection with the Credit Agreement, certain affiliates of
Borrower have entered into that certain Guarantee and Collateral Agreement
(Crest Entities) (as amended by that certain First Amendment to Guarantee and
Collateral Agreement (Crest Entities) and Second Amendment to Guarantee and
Collateral Agreements (Non-Crest Entities and Crest Entities), each dated as of
December 31, 2008, as the same may be amended, restated, supplemented or
otherwise modified from time to time, the “LNG Entities Guarantee and Collateral
Agreement” and collectively with the Non-LNG Entities Guarantee and Collateral
Agreement, the “Guarantee and Collateral Agreements”);

NY\1544177.5
 
 

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D.           Borrower and its affiliates that are party to the Guarantee and
Collateral Agreements have notified the Collateral Agent and the Lenders that
they desire to amend the Guarantee and Collateral Agreements as set forth
herein; and

E.           Subject to certain conditions as set forth herein, the Collateral
Agent and the Lenders are willing to agree to such amendment relating to the
Non-LNG Entities Guarantee and Collateral Agreement as well as the LNG Entities
Guarantee and Collateral Agreement.

NOW THEREFORE, in consideration of the premises and the agreements, other good
and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the Borrower, the Loan Parties, the Guarantors and the Grantors
signatory hereto (each, a “Cheniere Party” and collectively, the “Cheniere
Parties”), the Collateral Agent and the Lenders, hereby agree as follows:

1.  
Amendments to Non-LNG Entities Guarantee and Collateral Agreement.

 
(a)  
Section 1.01 of the Non-LNG Entities Guarantee and Collateral Agreement is
hereby amended by adding the following definitions in proper alphabetical
sequence:

 
i.  
“Fourth Amendment” shall mean that certain Fourth Amendment to Guarantee and
Collateral Agreement (Non-Crest Entities), dated as of September 17, 2009, among
the Borrower, certain affiliates of the Borrower signatory thereto, and the
Collateral Agent.

 
ii.  
“Fourth Amendment Effective Date” shall mean the date of satisfaction of the
conditions referred to in Section 4 of the Fourth Amendment.”

 
(b)  
Section 1.01 of the Non-LNG Entities Guarantee and Collateral Agreement is
hereby amended by deleting clause (iv) of the defined term “Excluded Assets” in
its entirety.

 
(c)  
Section 1.01 of the Non-LNG Entities Guarantee and Collateral Agreement is
further amended by replacing the words “All assets Grantor” in the first line of
the defined term “Pledged Alternative Equity Interests” with the following
words: “All Assets Grantor.”

 
(d)  
 Schedule 4.07(a) to the Non-LNG Entities Guarantee and Collateral Agreement is
hereby deleted and replaced in its entirety with Schedule 4.07(a) as attached
hereto to reflect updated certificate numbers for the Pledged Equity Interests.

 
2.  
Amendments to the LNG Entities Guarantee and Collateral Agreement.

 
(a)  
The section entitled “Schedules” on page iii of the LNG Entities Guarantee and
Collateral Agreement is hereby amended by deleting reference to “Schedule 8.02
Notice Address of Loan Parties” in its entirety.

 

 NY\1544177.5
2

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(b)  
Section 1.01 of the LNG Entities Guarantee and Collateral Agreement is hereby
amended by adding the following definitions in proper alphabetical sequence:

 
“Pledged Alternative Equity Interests” shall mean all interests of any Grantor
in participation or other interests in any equity or profits of any business
entity and the certificates, if any, representing such interests and all
dividends, distributions, cash, warrants, rights, options, instruments,
securities and other property or proceeds from time to time received, receivable
or otherwise distributed in respect of or in exchange for any or all of such
interests and any other warrant, right or option to acquire any of the
foregoing; provided, however, that Pledged Alternative Equity Interests shall
not include any Pledged Stock, Pledged Partnership Interests or Pledged LLC
Interests.
 
“Third Amendment” shall mean that certain Third Amendment to Guarantee and
Collateral Agreement (Crest Entities), dated as of September 17, 2009, among
certain affiliates of the Borrower signatory thereto, and the Collateral Agent.
 
“Third Amendment Effective Date” shall mean the date of satisfaction of the
conditions referred to in Section 4 of the Third Amendment.
 
(c)  
Section 1.01 of the LNG Entities Guarantee and Collateral Agreement is hereby
amended by adding the words “shall mean” at the beginning of the definitions for
the following: “Crest”, “Crest Obligations”, “Crest Remedy Instruction”, “Crest
Settlement Documents” and “Crest Settlement Agreement”.

 
(d)  
Section 3(a)(iv) of the LNG Entities Guarantee and Collateral Agreement is
hereby amended by deleting the brackets “[__]” and replacing it with the number
“15”.

 
(e)  
Schedule 1 to the LNG Entities Guarantee and Collateral Agreement is hereby
deleted and replaced in its entirety with Schedule 1 as attached hereto to
reflect revisions in the name for Cheniere LNG O&M Services, LLC.

 
(f)  
Schedule 4.07(a) to the LNG Entities Guarantee and Collateral Agreement is
hereby deleted and replaced in its entirety with Schedule 4.07(a) as attached
hereto to reflect updated certificate numbers for the Pledged Equity Interests.

 
3.  
Representations and Warranties.   Each Cheniere Party hereby represents and
warrants to the Collateral Agent (which representations and warranties shall
survive the execution and delivery of this Amendment), as follows:

 
(a)  
Absence of Defaults.  No event has occurred and is continuing or will result
from the consummation of the transactions contemplated by this Amendment that
would constitute a Default or Event of Default after giving effect to this
Amendment.

 

NY\1544177.5
3

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(b)  
Enforceability.  This Amendment has been duly executed and delivered by such
Cheniere Party and constitutes a legal, valid and binding obligation of such
Cheniere Party enforceable against such Cheniere Party 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.

 
(c)  
Authorization, No Conflicts.  The execution, delivery and performance of this
Amendment by each Cheniere Party (i) has been duly authorized by all requisite
organizational action of such Cheniere Party and (ii) will not (A) violate (1)
any provision of law, statute, rule or regulation, or of the certificate or
articles of incorporation or other constitutive documents or by-laws of such
Cheniere Party, (2) any order of any Governmental Authority or arbitrator or (3)
any provision of any indenture, agreement or other instrument to which such
Cheniere Party is a party or by which it or any of its property is or may be
bound, (B) be in conflict with, result in a breach of or constitute (alone or
with notice or lapse of time or both) a default under, or give rise to any right
to accelerate or to require the prepayment, repurchase or redemption of any
obligation under any such indenture, agreement or other instrument or (C) result
in the creation or imposition of any Lien upon or with respect to any property
or assets now owned or hereafter acquired by such Cheniere Party (other than
Liens created under the Security Documents).

 
(d)  
Incorporation of Representations and Warranties.  The representations and
warranties contained in Section 4 of each of the Guarantee and Collateral
Agreements are and will be true and correct in all material respects on and as
of the date hereof to the same extent as though made on and as of this date,
except to the extent such representations and warranties specifically relate to
an earlier date, in which case they were true and correct in all material
respects on and as of such earlier date.

 
4.  
Reference to and Effect Upon the Loan Documents.

 
(a)  
Except as specifically set forth above, each of the LNG Entities Guarantee and
Collateral Agreement and the Non-LNG Entities Guarantee and Collateral Agreement
and the other Loan Documents shall remain in full force and effect and are
hereby ratified and confirmed.

 
(b)  
Any reference in any Loan Document to the LNG Entities Guarantee and Collateral
Agreement and the Non-LNG Entities Guarantee and Collateral Agreement shall be a
reference to the LNG Entities Guarantee and Collateral Agreement and the Non-LNG
Entities Guarantee and Collateral Agreement as modified by this Amendment, and
any reference in any Loan Document to any other Loan Document shall be a
reference to such referenced Loan Document as modified by this Amendment.

 

NY\1544177.5
4

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(c)  
This Amendment is a Loan Document.  The provisions of Section 9.15 of the Credit
Agreement shall apply with like effect to this Amendment.

 
5.  
Effectiveness.  The effectiveness of this Amendment is subject to the
satisfaction of each the following conditions precedent:

 
(a)  
Execution.  The Collateral Agent shall have received duly executed and delivered
counterparts of this Amendment that, when taken together, bear the signatures of
the Cheniere Parties and the Collateral Agent.

 
(b)  
Representations and Warranties.  The representations and warranties contained
herein shall be true and correct in all respects.

 
(c)  
Necessary Consents.  Each Cheniere Party shall have obtained all material
consents necessary or advisable in connection with the transactions contemplated
by this Amendment.

 
Notwithstanding anything to the contrary in this Amendment, each Lender by
delivering its signature page to this Amendment shall be deemed to have
acknowledged receipt of and consented to and approved the Amendment and each
other document required to be approved by any Agent or any Lender, as
applicable, on the date such Lender delivers its signature to this Amendment and
the Collateral Agent shall be entitled to rely on such confirmation.
 
6.  
Further Assurances.  Each Cheniere Party hereby agrees to authorize, execute and
deliver all additional instruments, certificates, financing statements,
agreements or documents, and take all such actions as the Collateral Agent or
the Required Lenders may reasonably request for the purposes of implementing or
effectuating the provisions of this Amendment.

 
7.  
Governing Law. THIS AMENDMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE
WITH THE INTERNAL LAWS OF THE STATE OF NEW YORK.

 
8.  
Headings.  Section headings in this Amendment are included herein for
convenience of reference only and shall not constitute part of this Amendment
for any other purposes.

 
9.  
Counterparts.  This Amendment may be executed by all parties hereto in any
number of separate counterparts each of which may be delivered in original,
facsimile or other electronic (e.g., “.pdf”) form, and all of such counterparts
taken together constitute one instrument.

 
10.  
Severability.  In case any one or more of the provisions contained in this
Amendment shall for any reason be held to be invalid, illegal or unenforceable
in any respect, such invalidity, illegality, or unenforceability shall not
affect any other provision hereof, and this Amendment shall be construed as if
such invalid, illegal, or unenforceable provision had never been contained
herein.

 

NY\1544177.5
5

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11.  
WAIVER OF JURY TRIAL.  EACH PARTY HERETO HEREBY IRREVOCABLY AND UNCONDITIONALLY
WAIVES TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS
AMENDMENT OR ANY OTHER LOAN DOCUMENTS AND FOR ANY COUNTERCLAIM THEREIN.

 
12.  
Final Agreement of the Parties.  THIS AMENDMENT, THE GUARANTEE AND COLLATERAL
AGREEMENTS, THE CREDIT AGREEMENT AND THE OTHER LOAN DOCUMENTS REPRESENT THE
FINAL AGREEMENT AMONG THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF
PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES.  THERE ARE
NO UNWRITTEN ORAL AGREEMENTS AMONG THE PARTIES.

 

 
 [Remainder of this page intentionally left blank]

 
 
 
 
 
 
 
 
 
 
 

NY\1544177.5
6

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EXECUTION VERSION

IN WITNESS WHEREOF, each of the undersigned has caused this Amendment to be duly
executed and delivered as of the date first above written.

BORROWER AND GRANTORS UNDER THE NON-LNG ENTITIES GUARANTEE AND COLLATERAL
AGREEMENT:

CHENIERE COMMON UNITS HOLDING, LLC
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

CHENIERE MIDSTREAM HOLDINGS, INC.
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

CHENIERE PIPELINE COMPANY
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

CHENIERE PIPELINE GP INTERESTS, LLC
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

CHENIERE SOUTHERN TRAIL GP, INC.
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

Signature Page to Amendment to Guarantee and Collateral Agreements
 
 

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GRAND CHENIERE PIPELINE, LLC
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

CHENIERE CREOLE TRAIL PIPELINE, L.P.
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

CHENIERE CORPUS CHRISTI PIPELINE, L.P.
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

CHENIERE SUPPLY & MARKETING, INC.
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

CHENIERE ENERGY OPERATING CO., INC.
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

 
Signature Page to Amendment to Guarantee and Collateral Agreements
 
 

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CHENIERE SOUTHERN TRAIL PIPELINE, L.P.
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

CHENIERE LNG SERVICES, S.A.R.L.
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Charif Souki
   
Title:   Manager

GUARANTORS UNDER THE NON-LNG ENTITIES GUARANTEE AND COLLATERAL AGREEMENT:

CHENIERE MIDSTREAM HOLDINGS, INC.
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

CHENIERE ENERGY OPERATING CO., INC.
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

CHENIERE PIPELINE COMPANY
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

 
Signature Page to Amendment to Guarantee and Collateral Agreements
 
 

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CHENIERE PIPELINE GP INTERESTS, LLC
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

CHENIERE SOUTHERN TRAIL GP, INC.
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

GRAND CHENIERE PIPELINE, LLC
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

CHENIERE SOUTHERN TRAIL PIPELINE, L.P.
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

CHENIERE CREOLE TRAIL PIPELINE, L.P.
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

CHENIERE CORPUS CHRISTI PIPELINE, L.P.
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

 
Signature Page to Amendment to Guarantee and Collateral Agreements
 
 

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GRANTORS UNDER THE LNG GUARANTEE AND COLLATERAL AGREEMENT:

CHENIERE ENERGY, INC.
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

CHENIERE ENERGY SHARED SERVICES, INC.
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

CHENIERE LNG O&M SERVICES, LLC
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

CHENIERE LNG, INC.
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

CHENIERE LNG TERMINALS, INC.
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

 
Signature Page to Amendment to Guarantee and Collateral Agreements
 
 

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CHENIERE LNG HOLDINGS, LLC
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

CHENIERE ENERGY PARTNERS GP, LLC
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

CORPUS CHRISTI LNG, LLC
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

CREOLE TRAIL LNG, L.P.
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

CHENIERE MARKETING, LLC
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

 
Signature Page to Amendment to Guarantee and Collateral Agreements
 
 

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GUARANTORS UNDER THE LNG ENTITIES GUARANTEE AND COLLATERAL AGREEMENT:

CHENIERE ENERGY, INC.
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

CHENIERE ENERGY SHARED SERVICES, INC.
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

CHENIERE LNG O&M SERVICES, LLC
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

CHENIERE LNG, INC.
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

CHENIERE LNG TERMINALS, INC.
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

 
Signature Page to Amendment to Guarantee and Collateral Agreements
 
 

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CHENIERE LNG HOLDINGS, LLC
 
 
By:
/S/ GRAHAM A. MCARTHUR
   
Name: Graham A. McArthur
   
Title:   Treasurer

 
Signature Page to Amendment to Guarantee and Collateral Agreements
 
 

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THE BANK OF NEW YORK MELLON, as Collateral Agent
 
By:
/S/ MELINDA VALENTINE
   
Name: Melinda Valentine
   
Title: Vice President

 
Signature Page to Amendment to Guarantee and Collateral Agreements
 
 

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SCHEDULE 4.07(a) TO GUARANTEE AND COLLATERAL AGREEMENT
 (NON-CREST ENTITIES)

DESCRIPTION OF PLEDGED EQUITY INTERESTS

I.           Pledged LLC Interests

Grantor
Issuer
# of Shares Owned
Total Shares Outstanding
% of Ownership Interest
Certificate No. (if any)
 
Cheniere Pipeline Company
Cheniere Pipeline GP Interests, LLC
100
100
100%
2
 
Grand Cheniere Pipeline, LLC
100 units
100 units
100%
2

 II.           Pledged Partnership Interests

Grantor
Issuer
Type of
Partnership Interest
Total Shares Outstanding
% of Ownership Interest
Certificate No. (if any)
 
Cheniere Common Units Holding, LLC
Cheniere Energy Partners, L.P.
10,891,357 common units
26,416,357 common units
41.22959% of the common units
0048 and 0049
Cheniere Pipeline GP Interests, LLC
Cheniere Creole Trail Pipeline, L.P.
General Partnership Interest
N/A
0%
1
 
Cheniere Corpus Christi Pipeline, L.P.
General Partnership Interest
N/A
0%
1
Cheniere Southern Trail GP, Inc.
Cheniere Southern Trail Pipeline, L.P.
General Partnership Interests
N/A
0%
1
Grand Cheniere Pipeline, LLC
Cheniere Creole Trail Pipeline, L.P.
Limited Partnership Interest
N/A
100%
1
 
Cheniere Corpus Christi Pipeline, L.P.
Limited Partnership Interest
N/A
100%
1
 
Cheniere Southern Trail Pipeline, L.P.
Limited Partnership Interest
N/A
100%
1
           

NY\1544177.5
 
 

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III.           Pledged Stock

Grantor
Issuer
# of Shares Owned
Total Shares Outstanding
% of Ownership Interest
Certificate No.
 
Par Value
Cheniere Midstream Holdings, Inc.
Cheniere LNG Services, Inc.
1,000
1,000
100%
2
$0.01
 
Cheniere Energy Operating Co., Inc.
1,000
1,000
100%
49
No Par Value
 
Cheniere Pipeline Company
1,000
1,000
100%
6
$0.01
 
Cheniere Supply & Marketing, Inc.
1,000
1,000
100%
3
$0.01
Cheniere Pipeline Company
Cheniere Southern Trail GP, Inc.
1,000
1,000
100%
1
$0.01

NY\1544177.5
 
 

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SCHEDULE 1 TO GUARANTEE AND COLLATERAL AGREEMENT
 (CREST ENTITIES)

Part 1.  Pledgors
 
Cheniere Energy, Inc.
 
Cheniere Energy Shared Services, Inc.
 
Cheniere LNG O&M Services, LLC
 
Cheniere LNG, Inc.
 
Cheniere LNG Terminals, Inc.
 
Cheniere LNG Holdings, LLC
 

 
Part 2.  Intercompany Loan Parties
 
Cheniere Energy, Inc.
 
Cheniere Energy Shared Services, Inc.
 
Cheniere LNG O&M Services, LLC
 
Cheniere LNG, Inc.
 
Cheniere LNG Terminals, Inc.
 
Cheniere LNG Holdings, LLC
 
Cheniere Marketing, LLC (formerly Cheniere Marketing, Inc.)
 
Corpus Christi LNG, LLC
 
Creole Trail LNG, L.P.
 
 

NY\1544177.5
 
 

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SCHEDULE 4.07(a) TO GUARANTEE AND COLLATERAL AGREEMENT
(CREST ENTITIES)

DESCRIPTION OF PLEDGED EQUITY INTERESTS

I.           Pledged LLC Interests

Grantor
Issuer
# of Shares Owned
Total Shares Outstanding
% of Ownership Interest
Certificate No. (if any)
 
Cheniere Energy Shared Services, Inc.
Cheniere LNG O&M Services, LLC
1,000 units
1,000 units
100%
1
Cheniere LNG, Inc.
Corpus Christi LNG, LLC
333 units
1,000 units
33.3%
6
 
Cheniere Marketing, LLC
10
1,000 units
1%
3
Cheniere LNG Holdings, LLC
Cheniere Common Units Holding, LLC
1,000 units
1,000 units
100%
1
Cheniere LNG Terminals, Inc.
Cheniere LNG Holdings, LLC
1,000 units
1,000 units
100%
4
 
Corpus Christi LNG, LLC
667 units
1,000 units
66.7%
7
 
Cheniere Marketing, LLC
990
1,000 units
99%
2

 II.           Pledged Partnership Interests

Grantor
Issuer
Type of
Partnership Interest
Total Shares Outstanding
% of Ownership Interest
Certificate No. (if any)
 
Cheniere LNG, Inc.
Creole Trail LNG, L.P.
General Partnership Interest
N/A
0%
1
Cheniere LNG Terminals, Inc.
Creole Trail LNG, L.P.
Limited Partnership Interest
N/A
100%
1

NY\1544177.5
 
 

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III.           Pledged Stock

Grantor
Issuer
# of Shares Owned
Total Shares Outstanding
% of Ownership Interest
Certificate No.
 
Par Value
Cheniere Energy, Inc.
Cheniere LNG, Inc.
1,000
1,000
100%
3
$0.01
 
Cheniere Energy Shared Services, Inc.
1,000
1,000
100%
5
$0.01
 
Cheniere Midstream Holdings, Inc.
1,000
1,000
100%
1
$0.01
Cheniere LNG, Inc.
Cheniere LNG Terminals, Inc.
1,000
1,000
100%
4
$.01

NY\1544177.5
 
 

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