EX-10.1




 Exhibit 10.1 

EIGHTH AMENDMENT 

TO 

RECEIVABLES PURCHASE AGREEMENT 

THIS EIGHTH AMENDMENT TO RECEIVABLES PURCHASE
AGREEMENT, dated as of December 6, 2019 (this “Amendment”), to the Receivables Purchase Agreement, dated as of January 10, 2013, as amended by the First Amendment to Receivables Purchase Agreement, dated as
of August 20, 2013, the Second Amendment to Receivables Purchase Agreement, dated as of December 13, 2013, the Third Amendment to Receivables Purchase Agreement, dated as of December 12, 2014, the Fourth Amendment to Receivables
Purchase Agreement, dated as of December 11, 2015, the Fifth Amendment to Receivables Purchase Agreement, dated as of December 9, 2016, the Sixth Amendment to Receivables Purchase Agreement, dated as of December 8, 2017 and the
Seventh Amendment to Receivables Purchase Agreement, dated as of December 7, 2018 (as so amended, and as otherwise modified, supplemented, amended or amended and restated from time to time, the “Agreement”), each by and among
TARGA RECEIVABLES LLC, as seller (the “Seller”), TARGA RESOURCES PARTNERS LP (“Targa”), as servicer (in such capacity,
together with its successors and permitted assigns in such capacity and any successor servicer designated in accordance with the terms of the Agreement, the “Servicer”), the various CONDUIT PURCHASERS
party thereto from time to time, the various COMMITTED PURCHASERS party thereto from time to time, the various PURCHASER AGENTS party thereto from time to time, the various LC Participants
party thereto from time to time, and PNC BANK, NATIONAL ASSOCIATION, as administrator (in such capacity, together with its successors and assigns in such capacity, the “Administrator”)
and as LC BANK, is by and among the parties listed above. Unless otherwise defined in this Amendment, capitalized terms shall have the meanings assigned to such terms in the Agreement. 

R E C I T A L S 

WHEREAS, subject to the terms hereof, the parties to the Agreement wish to make certain amendments to the Agreement as provided
herein. 
 NOW THEREFORE, in consideration of the premises and mutual covenants contained herein, and for good
and sufficient consideration, the receipt of which is hereby acknowledged, the parties hereto, intending to be legally bound, do hereby agree as follows: 

Section 1.    Amendments to the Agreement. 

1.1.    The defined term “Facility Termination Date” appearing in Exhibit I to the
Agreement is hereby amended by deleting the date “December 6, 2019” therein and replacing it with “December 4, 2020”. 

Section 2.    Representations and Warranties of the Seller and Targa. (i) The Seller
makes the representations and warranties contained in Sections 1 and 3 of Exhibit III to the Agreement, and (ii) Targa makes the representations and warranties in Section 2 of Exhibit III to the Agreement, in each case, as of the
Effective Date (as defined below) (unless any such representation or warranty expressly indicates it is being made as of another specific date), both before and immediately after giving effect to this Amendment. 











 Section 3.    Agreement in Full Force and
Effect, as Amended. All of the terms and conditions of the Agreement shall remain in full force and effect, as amended by this Amendment. All references to the Agreement in the Agreement or any other document or instrument shall be deemed to
mean the Agreement, as amended by this Amendment. This Amendment shall not constitute a novation of the Agreement but shall constitute an amendment with respect thereto. The parties hereto agree to be bound by the terms and obligations of the
Agreement, as amended by this Amendment, as though the terms and obligations of the Agreement were set forth herein. 

Section 4.    Effectiveness. This Amendment shall become effective in accordance with its
terms as of the date hereof (the “Effective Date”) upon receipt by the Administrator of: 

(i)    counterparts of this Amendment executed by the Seller, the Servicer, the Administrator, each
Purchaser Agent, each LC Bank, each LC Participant and each Purchaser; and 
 (ii)    a duly executed
copy of the Eighth Amendment Fee Letter dated as of the date hereof, together with payment of the fees required by the terms thereof to be paid on the date hereof 

Section 5.    Counterparts. This Amendment may be executed in any number of counterparts
and by separate parties hereto on separate counterparts (including by way of facsimile or electronic transmission), each of which when executed shall be deemed an original, but all such counterparts taken together shall constitute one and the same
instrument. 
 Section 6.    Governing Law. THIS AGREEMENT SHALL BE DEEMED TO BE A
CONTRACT MADE UNDER AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO ANY OTHERWISE APPLICABLE CONFLICTS OF LAW PRINCIPLES (OTHER THAN SECTIONS 5-1401 AND
5-1402 OF THE NEW YORK GENERAL OBLIGATIONS LAW, WHICH SHALL APPLY HERETO). 

[SIGNATURE PAGES FOLLOW] 

  
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 IN WITNESS WHEREOF, the parties hereto have
caused this Amendment to be executed and delivered by their duly authorized officers as of the date hereof. 
  

			
	TARGA RECEIVABLES LLC, as Seller
		
	By:	 	 /s/ Chris McEwan

		 	Chris McEwan
		 	Vice President and Treasurer



  
 [Signature Page to Eighth
Amendment to 
 Targa Receivables LLC Receivables Purchase Agreement] 












 
			
	TARGA RESOURCES PARTNERS LP, as Servicer
		
	By:	 	Targa Resources GP LLC, its general partner
		
	By:	 	 /s/ Chris McEwan

		 	Chris McEwan
		 	Vice President and Treasurer



  
 [Signature Page to Eighth
Amendment to 
 Targa Receivables LLC Receivables Purchase Agreement] 












 
			
	 PNC BANK, NATIONAL ASSOCIATION,
as Administrator

		
	By:	 	 /s/ Michael Brown

	Name:	 	Michael Brown
	Title:	 	Senior Vice President



  
 [Signature Page to Eighth
Amendment to 
 Targa Receivables LLC Receivables Purchase Agreement] 












 
			
	THE PURCHASER GROUPS:
	
	PNC BANK, NATIONAL ASSOCIATION, as Purchaser Agent for the PNC Purchaser Group and as a Committed Purchaser
		
	By:	 	 /s/ Michael Brown

	Name:	 	Michael Brown
	Title:	 	Senior Vice President
	
	 PNC BANK, NATIONAL ASSOCIATION,
as an LC Bank

		
	By:	 	 /s/ Michael Brown

	Name:	 	Michael Brown
	Title:	 	Senior Vice President



  
 [Signature Page to Eighth
Amendment to 
 Targa Receivables LLC Receivables Purchase Agreement] 












 
			
	 WELLS FARGO BANK, NATIONAL
ASSOCIATION, as Purchaser Agent for the Wells Fargo
Purchaser Group and as a Committed Purchaser

		
	By:	 	 /s/ Dale Abernathy

	Name:	 	Dale Abernathy
	Title:	 	Director
	
	 WELLS FARGO BANK, NATIONAL
ASSOCIATION, as an LC Participant

		
	By:	 	 /s/ Dale Abernathy

	Name:	 	Dale Abernathy
	Title:	 	Director



  
 [Signature Page to Eighth
Amendment to 
 Targa Receivables LLC Receivables Purchase Agreement]