Exhibit 10.3

EXECUTION COPY

FIRST AMENDMENT TO REVOLVING CREDIT AGREEMENT

THIS FIRST AMENDMENT TO REVOLVING CREDIT AGREEMENT (this “First Amendment”) is
made and entered into as of the 19th day of June, 2013 (the “First Amendment
Effective Date”), among ENTERPRISE PRODUCTS OPERATING LLC, a Texas limited
liability company (“Borrower”), CANADIAN ENTERPRISE GAS PRODUCTS, LTD., an
Alberta corporation (“CEGP”), 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 party hereto, CITIBANK,
N.A., DNB BANK ASA, NEW YORK BRANCH, JPMORGAN CHASE BANK, N.A., MIZUHO CORPORATE
BANK, LTD. and THE ROYAL BANK OF SCOTLAND PLC, as Co-Syndication Agents, and THE
BANK OF NOVA SCOTIA, SUNTRUST BANK, THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., UBS
SECURITIES LLC and ROYAL BANK OF CANADA, as Co-Documentation Agents, and WELLS
FARGO SECURITIES, LLC, CITIGROUP GLOBAL MARKETS INC., DNB MARKETS, INC., J.P.
MORGAN SECURITIES LLC, MIZUHO CORPORATE BANK, LTD., RBS SECURITIES INC., SCOTIA
CAPITAL, SUNTRUST ROBINSON HUMPHREY, INC., and THE BANK OF TOKYO-MITSUBISHI UFJ,
LTD., as Joint Lead Arrangers and Joint Book Runners.

R E C I T A L S:

A. On September 7, 2011, the Borrower, CEGP, the Lenders and the Administrative
Agent entered into a certain Revolving Credit Agreement (the “Credit Agreement”)
whereby, upon the terms and conditions therein stated, the Lenders 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 First Amendment, the terms
“Administrative Agent”, “Borrower”, “CEGP”, “Credit Agreement”, “First
Amendment” and “First 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.

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2. Amendments to Credit Agreement.

2.1 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 First Amendment
and as the same may from time to time be further amended or supplemented.

(b) The term “Applicable Rate,” as defined in Section 1.01 of the Credit
Agreement, is hereby amended in its entirety to read as follows:

“Applicable Rate” means, for any day, with respect to any Eurodollar Revolving
Loan, or with respect to the facility fees payable hereunder, as the case may be
(subject to the immediately following paragraph of this defined term), the
applicable rate per annum set forth below under the caption “Eurodollar Spread”,
“ABR Spread” or “Facility Fee Rate”, as the case may be, based upon the ratings
by Moody’s and/or S&P, respectively, applicable on such date to the Index Debt:

 

Index Debt Ratings: (Moody’s/S&P)

   Eurodollar Spread     ABR Spread     Facility Fee Rate  

Category 1 > A3/A-

     0.875 %      0.000 %      0.125 % 

Category 2 Baa1/BBB+

     0.975 %      0.000 %      0.150 % 

Category 3 Baa2/BBB

     1.200 %      0.200 %      0.175 % 

Category 4 Baa3/BBB-

     1.275 %      0.275 %      0.225 % 

Category 5 < Ba1/BB+

     1.350 %      0.350 %      0.275 % 

For purposes of the foregoing, (i) if only one of Moody’s and S&P shall have in
effect a rating for the Index Debt (other than by reason of a change in the
rating system of, or unavailability of a ratings by, such rating agencies, as
referred to in the last sentence of this paragraph), then the other rating
agency shall be deemed to have established a rating in the same Category as such
agency; (ii) if each of Moody’s and S&P shall have in effect a rating for the
Index Debt, and such ratings shall fall within different Categories, the
Applicable Rate shall be based on the higher of the two ratings; and (iii) if
the ratings established or deemed to have been established by Moody’s and/or S&P
for the Index Debt shall be changed (other than as a result of a change in the
rating system of Moody’s or S&P), such change shall be effective as of the date
on which it is first announced by the applicable rating agency. Each change in
the Applicable Rate shall apply during the period commencing on the effective
date of such change and ending on the date immediately preceding the effective
date of the next such change. If the rating system of Moody’s or S&P shall
change, or if either such rating agency shall cease to be in the business of
rating corporate debt obligations, the Borrower and the Lenders shall negotiate
in good faith to amend this definition to reflect such changed rating system or
the unavailability of ratings from such rating agency and, pending the
effectiveness of any such amendment, the Applicable Rate shall be determined by
reference to the rating most recently in effect prior to such change or
cessation.

 

2

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(c) 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, JPMorgan
Chase Bank, N.A. and DNB Bank ASA, New York Branch, in its capacity as an issuer
of Letters of Credit hereunder, and its successors in such capacity as provided
in Section 2.06(i).

The reference to “Wells Fargo Bank, National Association” at the end of the
third sentence of such definition of “Issuing Bank” is hereby amended to refer
instead to “any other Issuing Bank”.

(d) 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 First Amendment Effective
Date, as may be extended pursuant to Section 2.01(c).

(e) 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:

“First Amendment” means that certain First Amendment to Revolving Credit
Agreement dated as of the First Amendment Effective Date among the Borrower, the
Lenders and the Administrative Agent.

“First Amendment Effective Date” means June 19, 2013.

“364-Day Credit Facility” means the revolving credit facility of the Borrower
under that certain 364-Day Revolving Credit Agreement dated as of June 19, 2013,
among the Borrower, Wells Fargo Bank, National Association, as administrative
agent, and the lenders party thereto, together with any and all amendments and
supplements thereto

2.2 Letters of Credit. The subclauses (i) and (ii) in the third sentence of the
first clause of Section 2.06(b) of the Credit Agreement are hereby amended by
adding a new subclause (iii) thereafter, to read as follows:

and (iii) the maximum aggregate face amount of Letters of Credit issued by each
Issuing Bank shall not exceed the “Maximum LC Face Amount” of such Issuing Bank
set forth opposite such Issuing Bank’s name on Schedule 2.06(b) attached hereto,
as may be amended from time to time by Administrative Agent, Borrower and each
Issuing Bank affected thereby, unless otherwise agreed to by such Issuing Bank
in its sole and absolute discretion, with a fronting fee at such rate as may be
agreed to between the Borrower and such Issuing Bank with respect thereto.

2.3 Increased Costs. The reference to “capital requirements” in Section 2.15(c)
is hereby amended to refer instead to “capital or liquidity requirements”, and
the reference to “paragraph (a) or (b) of this Section” in the first sentence of
Section 2.15(d) is hereby amended to refer instead to “paragraph (a), (b) or
(c) of this Section”.

 

3

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2.4 Events of Default. Clause (m) of Article VII of the Credit Agreement is
hereby amended by deleting “or” at the end thereof, clause (o) of such Article
VII is hereby redesignated clause (n) and amended by adding “or” at the end
thereof, and such Article VII is hereby further amended by adding a new clause
(o) immediately following such clause (n) thereof, to read as follows:

(o) an “Event of Default” (as defined in the 364-Day Credit Facility) shall
occur and be continuing;

2.5 Notices. Section 9.01(c) of the Credit Agreement is hereby amended in its
entirety to read as follows:

(c) if to any 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;

2.6 Successors and Assigns. The reference to “an agent of the Borrower” in the
third sentence of Section 9.04(e) of the Credit Agreement is hereby amended to
refer instead to “a non-fiduciary agent of the Borrower”

2.7 Commitments. 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 First Amendment Effective Date or any accrued
facility fees under the Credit Agreement prior to the First 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) 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 Loans as of
the First Amendment Effective Date, and (ii) participations in outstanding
Letters of Credit as of the First Amendment Effective Date to provide for each
Lender’s participation in each outstanding Letter of Credit as of the First
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 First 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.

2.8 Maximum Issuing Bank LC Exposure. The Credit Agreement is hereby amended by
adding a new Schedule 2.06(b) to the Schedules thereto, to read as set forth on
Schedule 2.06(b) attached hereto.

2.9 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.

 

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2.10 Conditions Precedent. The obligation of the Lenders party hereto and the
Administrative Agent to enter into this First Amendment shall be conditioned
upon the following conditions precedent:

(a) The Administrative Agent shall have received a copy of this First Amendment,
duly completed and executed by the Borrower and each Lender; and acknowledged
and ratified by EPD and Borrower, as Guarantors, pursuant to a duly executed
Acknowledgement and Ratification of Guarantors 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 First
Amendment Effective Date) of Christopher S. Wade, in-house counsel for Borrower,
CEGP and EPD, Locke Lord Bissell & Liddell LLP, counsel for Borrower, CEGP and
EPD, and Bennett Jones LLP, special Canadian counsel for CEGP, 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, CEGP and EPD, (2) the
authorization of this First Amendment and any other legal matters relating to
the Borrower, CEGP, EPD, this First Amendment or the Credit Agreement, all in
form and substance reasonably satisfactory to the Administrative Agent and its
counsel, and (3) with respect to EPD, the authorization of the Ratification and
Acknowledgement of Guarantors attached hereto, and any other legal matters
relating to EPD.

(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 and CEGP.

(e) The Administrative Agent shall have received a certificate, dated the First
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 2.10(g) hereof.

(f) The Administrative Agent shall have received all fees and other amounts due
and payable on or prior to the First 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 First 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, 2012, and
(ii) the unaudited financial statements for the Borrower and its Subsidiaries
and EPD’s Form 10-Q for the fiscal quarter ending March 31, 2013.

(i) All necessary governmental and third-party approvals, if any, required to be
obtained by the Borrower or CEGP in connection with this First 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.

 

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(j) The Borrower shall have entered into 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 “Percentage Share” (as defined therein) thereunder is
equal to such Lender’s Percentage Share under the Credit Agreement, as amended
hereby, as of the effectiveness hereof, and the Administrative Agent shall have
received a copy thereof.

(k) The Administrative Agent shall have received such other information,
documents or instruments as it or its counsel may reasonably request.

2.11 Effectiveness. Subject to the satisfaction of the conditions precedent set
forth in Section 2.10 hereof, this First Amendment shall be effective as of the
First Amendment Effective Date. On and after the effectiveness of this First
Amendment, this First Amendment shall for all purposes constitute a loan
document.

3. Representations and Warranties. The Borrower represents and warrants that:

(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 First 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 First 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 First 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 First 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.

 

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5. Counterparts. This First 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 First 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 First Amendment.

7. Governing Law. This First Amendment shall be governed by and construed in
accordance with the laws of the State of New York and applicable federal law.

THIS FIRST 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 EVIDENCE OF PRIOR,
CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES.

THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES.

This First 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 First Amendment Effective Date.

 

BORROWER:

ENTERPRISE PRODUCTS OPERATING LLC,

a Texas limited liability company

By:   Enterprise Products OLPGP, Inc.,   its Manager By:  

/s/ Bryan F. Bulawa

  Bryan F. Bulawa   Senior Vice President and Treasurer CANADIAN ENTERPRISE GAS
PRODUCTS, LTD. By:  

/s/ Bryan F. Bulawa

  Bryan F. Bulawa   Senior Vice President and Treasurer

 

8

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WELLS FARGO BANK, NATIONAL ASSOCIATION,
as Administrative Agent, an Issuing Bank, Swingline Lender and a Lender By:  

/s/ Fannie C. Pryce

  Name:   Fannie C. Pryce   Title:   RM-AVP

 

  S-1   

EPD Multi-Year 1st Amendment

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CITIBANK, N.A., as Co-Syndication Agent and a Lender By:  

/s/ Andrew Sidford

  Name:   Andrew Sidford   Title:   Vice President

 

  S-2    EPD Multi-Year 1st Amendment

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DNB BANK ASA, NEW YORK BRANCH, as Co-Syndication Agent and an Issuing Bank By:  

/s/ Henrik Asland

  Name:   Henrik Asland   Title:   Senior Vice President By:  

/s/ Kjell Tore Egge

  Name:   Kjell Tore Egge   Title:   Senior Vice President

DNB BANK ASA, GRAND CAYMAN BRANCH,

as a Lender

By:  

/s/ Henrik Asland

  Name:   Henrik Asland   Title:   Senior Vice President By:  

/s/ Kjell Tore Egge

  Name:   Kjell Tore Egge   Title:   Senior Vice President

 

  S-3    EPD Multi-Year 1st Amendment

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JPMORGAN CHASE BANK, N.A.,

as Co-Syndication Agent, an Issuing Bank

and a Lender

By:  

/s/ Stephanie Balette

  Name:   Stephanie Balette   Title:   Authorized Officer

 

  S-4    EPD Multi-Year 1st Amendment

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MIZUHO CORPORATE BANK, LTD., as Co-Syndication Agent and a Lender By:  

/s/ Raymond Ventura

  Name:   Raymond Ventura   Title:   Deputy General Manager

 

  S-5    EPD Multi-Year 1st Amendment

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THE ROYAL BANK OF SCOTLAND PLC, as Co-Syndication Agent and a Lender By:  

/s/ Matthew Main

  Name:   Matthew Main   Title:   Authorised Signatory

 

  S-6    EPD Multi-Year 1st Amendment

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THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., as Co-Documentation Agent and a Lender
By:  

/s/ Maria Ferradas

  Name:   Maria Ferradas   Title:   Vice President

 

  S-7    EPD Multi-Year 1st Amendment

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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

 

  S-8    EPD Multi-Year 1st Amendment

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SUNTRUST BANK as Co-Documentation Agent and a Lender By:  

/s/ Carmen Malizia

  Name:   Carmen Malizia   Title:   Director

 

  S-9    EPD Multi-Year 1st Amendment

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UBS SECURITIES LLC, as Co-Documentation Agent By:  

s/ Lana Gifas

  Name:   Lana Gifas   Title:   Attorney-in-Fact By:  

/s/ Joselin Fernandes

  Name:   Joselin Fernandes   Title:   Attorney-in-Fact UBS LOAN FINANCE LLC, as
a Lender By:  

/s/ Lana Gifas

  Name:   Lana Gifas   Title:   Director By:  

/s/ Joselin Fernandes

  Name:   Joselin Fernandes   Title:   Associate Director

 

  S-10    EPD Multi-Year 1st Amendment

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ROYAL BANK OF CANADA, as Co-Documentation Agent and a Lender By:  

/s/ Jim Allred

  Name:   Jim Allred   Title:   Designated Signatory

 

  S-11    EPD Multi-Year 1st Amendment

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BANK OF AMERICA, N.A., a Lender By:  

/s/ Alia Qaddumi

  Name:   Alia Qaddumi   Title:   Vice President

 

  S-12    EPD Multi-Year 1st Amendment

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BARCLAYS BANK PLC, as a Lender By:  

/s/ Alicia Borys

  Name:   Alicia Borys   Title:   Vice President

 

  S-13    EPD Multi-Year 1st Amendment

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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 Spaight

  Name:   Michael Spaight   Title:   Authorized Signatory

 

  S-14    EPD Multi-Year 1st Amendment

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DEUTSCHE BANK AG NEW YORK BRANCH, a Lender By:  

/s/ Ming K. Chu

  Name:   Ming K. Chu   Title:   Vice President By:  

/s/ Virginia Cosenza

  Name:   Virginia Cosenza   Title:   Vice President

 

  S-15    EPD Multi-Year 1st Amendment

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MORGAN STANLEY BANK NA, a Lender By:  

/s/ Kelly Chin

  Name:   Kelly Chin   Title:   Authorized Signatory

 

  S-16    EPD Multi-Year 1st Amendment

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U.S. BANK NATIONAL ASSOCIATION, a Lender By:  

/s/ Patrick Jeffrey

  Name:   Patrick Jeffrey   Title:   Vice President U.S. BANK NATIONAL
ASSOCIATION, CANADA BRANCH By:  

/s/ Joseph Rauhala

  Name:   Joseph Rauhala   Title:   Principal Officer

 

  S-17    EPD Multi-Year 1st Amendment

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COMPASS BANK, a Lender By:  

/s/ Umar Hassan

  Name:   Umar Hassan   Title:   Vice President

 

  S-18    EPD Multi-Year 1st Amendment

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SUMITOMO MITSUI BANKING CORP., a Lender By:  

/s/ James D. Weinstein

  Name:   James D. Weinstein   Title:   Managing Director

 

  S-19    EPD Multi-Year 1st Amendment

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ING CAPITAL LLC, a Lender By:  

/s/ Cheryl LaBelle

  Name:   Cheryl LaBelle   Title:   Managing Director

 

  S-20    EPD Multi-Year 1st Amendment

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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    EPD Multi-Year 1st Amendment

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SCHEDULE 2.01

COMMITMENTS

 

Lender

   Commitment      Applicable Percentage*  

Wells Fargo Bank, National Association

   $ 185,937,500.00         5.3125000000 % 

Citibank, N.A.

   $ 185,937,500.00         5.3125000000 % 

DNB Bank ASA, Grand Cayman Branch

   $ 185,937,500.00         5.3125000000 % 

JPMorgan Chase Bank, N.A.

   $ 185,937,500.00         5.3125000000 % 

Mizuho Corporate Bank, Ltd.

   $ 185,937,500.00         5.3125000000 % 

The Royal Bank of Scotland plc

   $ 185,937,500.00         5.3125000000 % 

The Bank of Tokyo-Mitsubishi UFJ, Ltd.

   $ 185,937,500.00         5.3125000000 % 

The Bank of Nova Scotia

   $ 185,937,500.00         5.3125000000 % 

SunTrust Bank

   $ 185,937,500.00         5.3125000000 % 

UBS Loan Finance LLC

   $ 185,937,500.00         5.3125000000 % 

Royal Bank of Canada

   $ 185,937,500.00         5.3125000000 % 

Bank of America, N.A.

   $ 175,000,000.00         5.0000000000 % 

Barclays Bank PLC

   $ 175,000,000.00         5.0000000000 % 

Credit Suisse AG, Cayman Islands Branch

   $ 175,000,000.00         5.0000000000 % 

Deutsche Bank AG New York Branch

   $ 175,000,000.00         5.0000000000 % 

Morgan Stanley Bank NA

   $ 175,000,000.00         5.0000000000 % 

U.S. Bank National Association

   $ 175,000,000.00         5.0000000000 % 

Compass Bank

   $ 153,125,000.00         4.3750000000 % 

Sumitomo Mitsui Banking Corp.

   $ 153,125,000.00         4.3750000000 % 

ING Capital LLC

   $ 72,916,666.67         2.0833333333 % 

Raymond James Bank, FSB

   $ 25,520,833.33         0.7291666667 %    

 

 

    

 

 

 

TOTAL

   $ 3,500,000,000.00         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

   $ 250,000,000.00   

JPMorgan Chase Bank, N.A.

   $ 166,666,666.67   

DNB Bank ASA. New York Branch

   $ 83,333,333.33   

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ACKNOWLEDGMENT AND RATIFICATION OF GUARANTORS

The undersigned (each a “Guarantor”) hereby expressly (i) acknowledges the terms
of the foregoing First Amendment to Revolving Credit Agreement; (ii) ratifies
and affirms its obligations under its Guaranty Agreement dated as of
September 7, 2011, in favor of the Administrative Agent; (iii) 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 (iv) 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
First Amendment Effective Date.

 

ENTERPRISE PRODUCTS PARTNERS L.P., a Delaware limited partnership By:  
Enterprise Products Holdings LLC,   General Partner By:  

/s/ Bryan F. Bulawa

  Bryan F. Bulawa   Senior Vice President and Treasurer

ENTERPRISE PRODUCTS OPERATING LLC,

a Texas limited liability company

By:   Enterprise Products OLPGP, Inc.,   its Manager By:  

/s/ Bryan F. Bulawa

  Bryan F. Bulawa   Senior Vice President and Treasurer