Document:

exv10w2

 

EXHIBIT 10.2

AMENDMENT NO. 2

TO

THIRD AMENDED AND RESTATED CREDIT AGREEMENT

     THIS AMENDMENT NO. 2 TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT (this “Amendment”)
is made and entered into effective as of the 26th day of July, 2007 (the “Effective
Date”), by and among (a) GLOBAL INDUSTRIES, LTD., a Louisiana corporation (the
“Parent”), GLOBAL OFFSHORE MEXICO, S. DE R.L. DE C.V., a Mexican sociedad de
responsabilidad limitada de capital variable (the “Mexican Borrower”), GLOBAL INDUSTRIES
INTERNATIONAL, L.L.C., a Louisiana limited liability company, in its capacity as general partner of
GLOBAL INDUSTRIES INTERNATIONAL, L.P., a Cayman Islands exempted limited partnership (the
“Cayman Borrower” and together with the Parent and the Mexican Borrower, each a
“Borrower” and collectively the “Borrowers”), (b) the financial institutions
parties hereto which are Lenders party to the Credit Agreement (as defined below); and (c) Calyon
New York Branch, as administrative agent for the Lenders (in such capacity, the “Administrative
Agent”).

PRELIMINARY STATEMENTS

     A. The Borrowers, the Administrative Agent and the lenders signatory thereto (the
“Lenders”) are parties to that certain Third Amended and Restated Credit Agreement dated as
of June 30, 2006 as amended by Amendment No. 1 thereto dated as of October 6, 2006 (as so amended,
the “Credit Agreement”).

     B. The Parent intends to issue up to $400,000,000 of senior, unsecured convertible debentures
(the “Offering”) proceeds of which will be used for general corporate purposes and to
repurchase a limited amount of its common stock in connection with the Offering.

     C. The Lenders have agreed to permit the Offering and related use of proceeds from the
Offering and, in connection therewith, to make certain amendments to the Credit Agreement subject
to the terms and conditions set forth herein.

     NOW, THEREFORE, in consideration of the premises herein contained and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties, intending
to be legally bound, agree as follows:

ARTICLE I

DEFINITIONS

     1.01 Capitalized terms used in this Amendment are defined in the Credit Agreement, as amended
hereby, unless otherwise stated.

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ARTICLE II

AMENDMENT

     2.01 Amendment to Section 1.01. Effective as of the Effective Date, Section 1.01 of
the Credit Agreement is hereby amended by adding the following new definitions in alphabetical
order:

     “Convertible Unsecured Debentures” means the senior, unsecured
convertible debentures of the Parent pursuant to the Indenture not to exceed
an aggregate principal amount of $400,000,000.

     “Indenture” means the Indenture that governs the Convertible
Unsecured Debentures.

     “Debenture Prepayment Date” means the date on which the Parent
is required to pay any holder of the Convertible Unsecured Debentures as a
result of the conversion into cash by such holder of all or any portion of
the Convertible Unsecured Debentures or as a result of the repurchase by the
Parent of all or any portion the Convertible Unsecured Debentures held by
such holder, in either case, as a result of (a) any optional or voluntary
repurchase, redemption, prepayment, repayment, defeasance or any other
acquisition or retirement for value (or the segregation of funds with
respect to any of the foregoing) of such Convertible Unsecured Debentures,
(b) the occurrence of any fundamental change, as described in the Indenture
or the Convertible Unsecured Debentures, or (c) any action taken by the
Parent, including the distribution of stock rights, warrants, or other
distributions to holders of its common stock.

     2.02 Amendment to Section 2.07. Effective as of the Effective Date, Section 2.07
(c) (Prepayments — Mandatory) of the Credit Agreement is hereby amended by deleting the
“and” at the end of subsection (iii) thereof, replacing the period at the end of subsection (iv)
thereof with “; and” and adding the following new subsection (v):

     (v) and make deposits into the Cash Collateral Account to provide cash
collateral for the Letter of Credit Exposure, on each Debenture Prepayment
Date, in an amount equal to the sum of the aggregate principal of all
outstanding Advances plus the Letter of Credit Exposure; provided
that, if (i) after giving effect to the conversions and repurchases to
occur on such Debenture Prepayment Date, Excess Availability is greater
than $75,000,000, (ii) no Event of Default has occurred and is continuing
(or result from the conversion or repurchase occurring on such Debenture
Prepayment Date), and (iii) the aggregate principal amount
Convertible Unsecured Debentures which have been converted into cash or
repurchased since the initial issuance under the Indenture (including the
Convertible Unsecured Debentures to be converted or repurchased on such
Debenture Prepayment Date) is less than or equal to $50,000,000, then no
mandatory prepayment of the Advances or cash

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collateralization of the Letter of Credit Exposure under this clause (d)
shall be required.

     2.03 Amendment to Section 6.02. Effective as of the Effective Date, Section
6.02 (Debts, Guaranties and Other Obligations) of the Credit Agreement is hereby
amended by deleting the “and” at the end of subsection (k) thereof, replacing the period at the end
of subsection (l) thereof with “; and” and adding the following new subsection (m):

     (m) Debt represented by the Convertible Unsecured Debentures pursuant to the
Indenture; provided that (i) all of such Debt shall have been issued under
the initial issuance thereof or under the over-allotment option exercised by
the initial purchasers thereof, (ii) before and after giving effect to the
issuance of such Debt, no Default or Event of Default shall have occurred or
be continuing, and (iii) such Debt shall have (A) affirmative and negative
covenants that are no more restrictive than those set forth in this
Agreement, (B) no restriction on the ability of the Borrower or any of its
Subsidiaries to amend, modify or otherwise supplement this Agreement or the
other Credit Documents, (C) no collateral or other security for such Debt,
(D) no restrictions on the ability of any Loan Party to guarantee the
Obligations or pledge assets as collateral security for the Obligations, and
(E) a scheduled maturity date that is no earlier than January 1, 2012.

     2.04 Amendment to Section 6.07. Effective as of the Effective Date, Section
6.07 (Restricted Payments) of the Credit Agreement is hereby deleted and replaced in
its entirety with the following:

     Section 6.07 Restricted Payments. Neither the Parent nor any of its
Subsidiaries shall make any Restricted Payments other than (i) Restricted
Payments by Subsidiaries of the Parent to the Parent or another Subsidiary
of the Parent and by the Parent to any of its Subsidiaries provided that on
the date of such Restricted Payment and after giving effect thereto, no
Default or Event of Default has occurred and is continuing, in each case at
the time of such Restricted Payment, (ii) purchases by the Parent of its
common stock with the proceeds from the Convertible Unsecured Debentures in
an amount not to exceed twenty-five percent (25%) of the net proceeds
received by the Parent under the Convertible Unsecured Debentures, and (iii)
other purchases by the Parent of its common stock (including any purchases
made with the proceeds of the Convertible Unsecured Debentures in excess of
the amount permitted under clause (ii)) in any event not to exceed
$30,000,000 in the aggregate during any period of 12 consecutive months
provided that Excess Availability is equal to or greater than
$100,000,000.00 at the time of such purchase and after giving effect
thereto.

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     2.05 Amendment to Section 6.10. Effective as of the Effective Date, Section
6.10 (Other Debt) of the Credit Agreement is hereby amended by adding the following new
subsections (c) and (d):

     (c) The Parent will not amend, modify, waive or otherwise change, or
consent or agree to any amendment, modification, waiver or other change to
the Convertible Unsecured Debentures or the Indenture (i) which shortens the
fixed maturity, or increases the rate or shortens the time of payment of
interest on, or increases the amount or shortens the time of payment of any
principal or premium payable whether at maturity, at a date fixed for
prepayment, by acceleration, by mandatory redemption, repayment, prepayment,
or defeasance for cash or otherwise of such Convertible Unsecured
Debentures, or increases the amount of, or accelerates the time of payment
of, any fees payable in connection therewith; (ii) which relates to the
affirmative or negative covenants, events of default or remedies under the
documents or instruments evidencing such Debt and the effect of which is to
subject the Parent or any of its Subsidiaries, to any more onerous or more
restrictive provisions; or (iii) which otherwise adversely affects the
interests of the Lenders as senior creditors or the interests of the Lenders
under this Agreement or any other Credit Document in any material respect.

     (d) The Parent will not make or offer to make any optional or voluntary
repurchase, redemption, prepayment, repayment, defeasance or any other
acquisition or retirement for value (or the segregation of funds with
respect to any of the foregoing) (whether in whole or in part) of any of the
Convertible Unsecured Debentures.

ARTICLE III

CONDITIONS PRECEDENT

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

     (a) The Administrative Agent shall have received this Amendment duly executed by the
Borrowers, the Administrative Agent and the Majority Lenders, in form and substance
satisfactory to the Administrative Agent and its legal counsel;

     (b) The representations and warranties contained herein and in the Credit Agreement and
the other Credit Documents shall be true and correct as of the date hereof, as if made on
the date hereof;

     (c) No Default or Event of Default shall have occurred and be continuing; and

     (d) The Borrowers shall have paid to the Administrative Agent (i) for the account of
each Lender that executes and delivers its signature page hereto on or before July 23, 2007,
a fee equal to 0.125% multiplied by such Lender’s Revolving Commitment

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(due and payable on the Effective Date), and (ii) all costs and expenses which have
been invoiced and are payable pursuant to Section 11.04 of the Credit Agreement.

ARTICLE IV

NO WAIVER

     4.01 No Waiver. Nothing contained in this Amendment shall be construed as a waiver by
the Administrative Agent or any Lender of any covenant or provision of the Credit Agreement, the
other Credit Documents, this Amendment, or of any other contract or instrument between any Borrower
and the Administrative Agent or any Lender, and the failure of the Administrative Agent or any
Lender at any time or times hereafter to require strict performance by each Borrower of any
provision thereof shall not waive, affect or diminish any right of the Administrative Agent to
thereafter demand strict compliance therewith. The Administrative Agent and each Lender hereby
reserves all rights granted under the Credit Agreement, the other Credit Documents, this Amendment
and any other contract or instrument between any of them.

ARTICLE V

RATIFICATIONS, REPRESENTATIONS AND WARRANTIES

     5.01 Ratifications. The terms and provisions set forth in this Amendment shall modify
and supersede all inconsistent terms and provisions set forth in the Credit Agreement and the other
Credit Documents, and, except as expressly modified and superseded by this Amendment, the terms and
provisions of the Credit Agreement and the other Credit Documents are ratified and confirmed and
shall continue in full force and effect. Each Borrower hereby agrees that all liens and security
interests securing payment of the Obligations under the Credit Agreement are hereby collectively
renewed, ratified and brought forward as security for the payment and performance of the
Obligations. Each Borrower, the Administrative Agent and the Lenders agree that the Credit
Agreement, as amended hereby, and the other Credit Documents shall continue to be legal, valid,
binding and enforceable in accordance with their respective terms.

     5.02 Representations and Warranties. Each Borrower hereby represents and warrants to
the Administrative Agent and the Lenders that (a) the execution, delivery and performance of this
Amendment have been authorized by all requisite corporate action on the part of such Borrower and
will not violate the applicable organization or governing documents of any Borrower; (b) the
representations and warranties contained in the Credit Agreement, as amended hereby, and the other
Credit Documents are true and correct on and as of the date hereof and on and as of the date of
execution hereof as though made on and as of each such date; (c) no Default or Event of Default
under the Credit Agreement, as amended hereby, has occurred and is continuing, unless such Default
or Event of Default has been specifically waived in writing by the Administrative Agent; (d) each
Borrower is in full compliance with all covenants and agreements contained in the Credit Agreement,
as amended hereby, and the other Credit Documents; and (e) no Borrower has amended its applicable
organizational or governing documents since the date of the Credit Agreement.

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ARTICLE VI

MISCELLANEOUS PROVISIONS

     6.01 Survival of Representations and Warranties. All representations and warranties
made in the Credit Agreement or the other Credit Documents, including, without limitation, any
document furnished in connection with this Amendment, shall survive the execution and delivery of
this Amendment, and no investigation by the Administrative Agent or any Lender shall affect the
representations and warranties or the right of the Administrative Agent and Lenders to rely upon
them.

     6.02 Reference to Credit Agreement. Each of the Credit Agreement and the other Credit
Documents, and any and all other agreements, documents or instruments now or hereafter executed and
delivered pursuant to the terms hereof or pursuant to the terms of the Credit Agreement, as amended
hereby, are hereby amended so that any reference in the Credit Agreement and such other Credit
Documents to the Credit Agreement shall mean a reference to the Credit Agreement as amended hereby.

     6.03 Expenses of the Administrative Agent. Each Borrower agrees to pay on demand all
reasonable costs and expenses incurred by the Administrative Agent in connection with any and all
amendments, modifications, and supplements to the Credit Documents, including, without limitation,
the reasonable costs and fees of the Administrative Agent’s legal counsel, and all costs and
expenses incurred by the Administrative Agent in connection with the enforcement or preservation of
any rights under the Credit Agreement, as amended hereby, or any other Credit Documents, including,
without, limitation, the costs and fees of the Administrative Agent’s legal counsel.

     6.04 Severability. Any provision of this Amendment held by a court of competent
jurisdiction to be invalid or unenforceable shall not impair or invalidate the remainder of this
Amendment and the effect thereof shall be confined to the provision so held to be invalid or
unenforceable.

     6.05 Successors and Assigns. This Amendment is binding upon and shall inure to the
benefit of the Administrative Agent, the Lenders and Borrowers and their respective successors and
assigns, except that no Borrower may assign or transfer any of its rights or obligations hereunder
without the prior written consent of the Administrative Agent.

     6.06 Counterparts. This Amendment may be executed in one or more counterparts, each
of which when so executed shall be deemed to be an original, but all of which when taken together
shall constitute one and the same instrument. This Amendment may be executed by facsimile
signature and all such signatures shall be effective as originals.

     6.07 Effect of Waiver. No consent or waiver, express or implied, by the
Administrative Agent to or for any breach of or deviation from any covenant or condition by any
Borrower shall be deemed a consent to or waiver of any other breach of the same or any other
covenant, condition or duty.

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     6.08 Headings. The headings, captions, and arrangements used in this Amendment are
for convenience only and shall not affect the interpretation of this Amendment.

     6.09 Applicable Law. THIS AMENDMENT SHALL BE DEEMED TO HAVE BEEN MADE AND TO BE
PERFORMABLE IN AND SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF
NEW YORK.

[Remainder of page intentionally left blank. Signatures on following pages.]

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     IN WITNESS WHEREOF, each of the parties hereto has executed this Amendment as of the date
first above-written.

	 	 	 	 	 
	 	BORROWERS:

GLOBAL INDUSTRIES, LTD.

 	 
	 	By:  	/s/  Peter S. Atkinson	 
	 	 	Name:  	Peter S. Atkinson	 
	 	 	Title:  	President and Chief Financial Officer	 
	 
	 	GLOBAL OFFSHORE MEXICO, S. DE R.L. DE C.V

 	 
	 	By:  	/s/  Russell
Robicheaux	 
	 	 	Name:  	Russell Robicheaux	 
	 	 	Title:  	Attorney-in-fact/Apoderado	 
	 

	 	 	 	 	 
	 	GLOBAL INDUSTRIES INTERNATIONAL, L.P.

 	 
	 	By:  	 Global Industries International, L.L.C., its general partner
 	 
	 
	 	By:  	/s/  Peter S. Atkinson	 
	 	 	Name:  	Peter S. Atkinson	 
	 	 	Title:  	President and Chief Financial Officer	 

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	 	CALYON NEW YORK BRANCH,

as Administrative Agent, Issuing Bank and as a Lender

 	 
	 	By:  	/s/  Michael D. Willis	 
	 	 	Name:  	Michael D. Willis	 
	 	 	Title:  	Director	 
	 
	 	 	 
	 	By:  	/s/  Page
Dillehunt	 
	 	 	Name:  	Page Dillehunt	 
	 	 	Title:  	Managing Director	 

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	 	LENDERS:

WHITNEY NATIONAL BANK

 	 
	 	By:  	/s/ Kevin P. Rafferty	 
	 	 	Name:  	Kevin P. Rafferty	 
	 	 	Title:  	Senior Vice President	 

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	 	NATIXIS (formerly known as Natexis Banques Populaires)

 	 
	 	By:  	/s/ Timothy L. Polvado
 	 
	 	 	Name:  	Timothy L. Polvado	 
	 	 	Title:  	Managing Director	 
	 
	 	 	 
	 	By:  	/s/ Daniel Payer	 
	 	 	Name:  	Daniel Payer	 
	 	 	Title:  	Director	 

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	 	FORTIS CAPITAL CORP.

 	 
	 	By:  	/s/ Svein Engh	 
	 	 	Name:  	Svein Engh	 
	 	 	Title:  	Managing Director	 
	 
	 	 	 
	 	By:  	/s/ Joseph Maxwell	 
	 	 	Name:  	Joseph Maxwell	 
	 	 	Title:  	Senior Vice President	 
	 

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FIRST AMENDMENT TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT

[US/Canada Facilities]

     THIS FIRST AMENDMENT TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT (this
“Amendment”) dated as of the 31st day of July, 2007, by and among PLAINS ALL
AMERICAN PIPELINE, L.P. (“US Borrower”), PMC (NOVA SCOTIA) COMPANY and PLAINS MARKETING
CANADA, L.P. (each an “Original Canadian Borrower” and collectively, “Original Canadian
Borrowers”), RANGELAND PIPELINE COMPANY, a Nova Scotia unlimited liability company
(“Rangeland”, and together with Original Canadian Borrowers, “Canadian Borrowers”),
BANK OF AMERICA, N.A., as Administrative Agent, BANK OF AMERICA, N.A., acting through its Canada
Branch, as Canadian Administrative Agent, and the Lenders party hereto.

W I T N E S S E T H:

     WHEREAS, US Borrower, Original Canadian Borrowers, Administrative Agent, Canadian
Administrative Agent and the Lenders named therein entered into that certain Second Amended and
Restated Credit Agreement [US/Canada Facilities] dated as of July 31, 2006 (the “Original
Agreement”) for the purposes and consideration therein expressed; and

     WHEREAS, US Borrower, Canadian Borrowers, Administrative Agent, Canadian Administrative Agent
and Lenders desire to amend the Original Agreement for the purposes described herein;

     NOW, THEREFORE, in consideration of the premises and the mutual covenants and agreements
contained herein and in the Original Agreement, and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto do hereby agree as
follows:

ARTICLE I. — Definitions and References

     § 1.1. Terms Defined in the Original Agreement. Unless the context otherwise requires
or unless otherwise expressly defined herein, the terms defined in the Original Agreement shall
have the same meanings whenever used in this Amendment.

     § 1.2. Other Defined Terms. Unless the context otherwise requires, the following
terms when used in this Amendment shall have the meanings assigned to them in this § 1.2.

     “Amendment” means this First Amendment to Credit Agreement.

     “Credit Agreement” means the Original Agreement as amended hereby.

ARTICLE II. — Amendments

     § 2.1. Definitions.

     (a) The definition of “Canadian Borrowers” set forth in Section 1.1 of the Original Agreement
is hereby amended in its entirety to read as follows:

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     “Canadian Borrowers” means collectively, until termination of US Borrower’s
right to allocate a portion of the US Total Committed Amount as the Canadian Allocated Total
Commitment, PMC (Nova Scotia) Company, a Nova Scotia unlimited liability company, Plains
Marketing Canada, L.P., an Alberta limited partnership, and Rangeland Pipeline Company, a
Nova Scotia unlimited liability company; “Canadian Borrower” means, individually,
any of such Persons.

The definition of “Change of Control” set forth in Section 1.1 of the Original Agreement is
hereby amended by adding the following paragraph at the end thereof:

Notwithstanding the foregoing, no Change of Control shall be deemed to have occurred in
connection with, or as a result of, a direct or indirect restructuring or reorganization of
the General Partner, any related securitization of the direct or indirect equity interests
in the General Partner, and any one or more sales of direct or indirect equity interests in
the General Partner, either through public or private sales of such equity interests, if GP
LLC retains direct or indirect control over the General Partner.

     Clause (ii)(a) of the definition of “Consolidated Tangible Net Worth” set forth in Section 1.1
of the Original Agreement is hereby amended in its entirety to read as follows:

(a) US Borrower’s Consolidated liabilities (excluding (1) liabilities of Unrestricted
Subsidiaries, to the extent included therein, and (2) Hybrid Securities up to an aggregate
amount of 15% of Consolidated Total Capitalization) as determined in accordance with GAAP

     The definition of “Restriction Exception” set forth in Section 1.1 of the Original Agreement
is hereby amended by deleting “and” immediately prior to clause (viii) thereof, adding “; and”
immediately following clause (viii) thereof, and adding a new clause (ix) at the end thereof, to
read as follows:

(ix) Hybrid Securities or an indenture, document, agreement or security entered into or
issued in connection with a Hybrid Security or otherwise constituting a restriction or
condition on the payment of dividends or distributions by an issuer of a Hybrid Security.

     (b) Section 1.1 of the Original Agreement is hereby amended by adding the following new
defined terms in the proper alphabetical order therein:

     “Consolidated Net Worth” means, at any date of determination, the sum of (i)
preferred stock (if any), (ii) par value of common stock, (iii) capital in excess of par
value of common stock, (iv) partners’ capital or equity, and (v) retained earnings, less
treasury stock (if any), of such Person, all as determined on a consolidated basis.

     “Consolidated Total Capitalization” means the sum of (i) Consolidated Funded
Indebtedness and (ii) Borrower’s Consolidated Net Worth.

     “Hybrid Securities” means any trust preferred securities, or deferrable
interest subordinated debt with a maturity of at least 20 years, which provides for the
optional or mandatory deferral of interest or distributions, issued by US Borrower, or any
business trusts, limited liability companies, limited partnerships or similar entities (i)
substantially

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all of the common equity, general partner or similar interests of which are owned
(either directly or indirectly through one or more wholly owned Restricted Subsidiaries) at
all times by US Borrower or any of its Restricted Subsidiaries, (ii) that have been formed
for the purpose of issuing trust preferred securities or deferrable interest subordinated
debt, and (iii) substantially all the assets of which consist of (A) subordinated debt of US
Borrower or a Restricted Subsidiary of US Borrower, and (B) payments made from time to time
on the subordinated debt.

     § 2.2. Debt Coverage Ratio. The first paragraph of Section 7.8 of the Original
Agreement is hereby amended in its entirety, to read as follows:

     Section 7.8. Debt Coverage Ratio. At the end of any Fiscal Quarter, the Debt
Coverage Ratio will not be greater than the amount set forth below for the applicable time
set forth below:

	 	 	 	 	 
	(i)

	 	During an Acquisition Period:
	 	 5.50 to 1.0
	 
	 	 	 	 
	(ii)

	 	Other than an Acquisition Period:
	 	 4.75 to 1.0

Section 7.8 of the Original Agreement is further amended by adding the following new paragraph
at the end thereof:

In addition, for purposes of this Section 7.8, Hybrid Securities up to an aggregate
principal amount of 15% of Consolidated Total Capitalization shall be excluded from
Consolidated Funded Indebtedness.

     § 2.3. Extension of Maturity Date. Borrower has, pursuant to Section 2.1(f) of the
Credit Agreement, requested a one-year extension of the Maturity Date. Each Lender a party hereto
hereby consents to a one-year extension of the Maturity Date to July 27, 2012.

     § 2.4. Additional Canadian Borrower. Rangeland is hereby added as an additional
Canadian Borrower under the Credit Agreement, any reference to “Canadian Borrower” in any Loan
Document shall hereinafter refer to each Original Canadian Borrower and Rangeland, any reference to
“either Canadian Borrower” in any Loan Document shall be deemed to refer to “any Canadian
Borrower”, and any reference to “neither Canadian Borrower” in any Loan Document shall be deemed to
refer to “no Canadian Borrower”. Rangeland hereby agrees that by the execution and delivery
hereof, Rangeland becomes a Canadian Borrower under the Credit Agreement and the Loan Documents as
of the date hereof and agrees to be bound by all of the terms thereof. Rangeland further agrees
from time to time, upon request of the Administrative Agent, to take such additional actions and to
execute and deliver such additional documents and instruments as the Administrative Agent may
request to effect its joinder as a new Canadian Borrower, the transactions contemplated hereby, and
to carry out the intent hereof. Any notice or other communication required or permitted to be
given shall be given pursuant to Section 10.3 of the Credit Agreement, and for all purposes
thereof, the notice address of Rangeland shall be the address of the Canadian Borrowers set forth
in Schedule 10.3 to the Credit Agreement.

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ARTICLE III. — Conditions of Effectiveness

         § 3.1. Effective Date. This Amendment shall become effective as of the date first
written above, when and only when

     (a) Administrative Agent shall have received, at Administrative Agent’s office a
counterpart of this Amendment executed and delivered by US Borrower, Canadian Borrowers and
Majority Lenders;

     (b) Administrative Agent shall have additionally received all of the following
documents, each document (unless otherwise indicated) being dated the date of receipt
thereof by Administrative Agent, duly authorized, executed and delivered, and in form and
substance satisfactory to Administrative Agent:

     (i) Canadian Notes made by Rangeland and payable to the order of each Canadian
Lender in the amount of such Canadian Lender’s Maximum Canadian Allocated
Commitment.

     (ii) A certificate of a Responsible Officer of GP LLC regarding Section 4.1(a)
hereof.

     (iii) Omnibus Certificate of the secretary or assistant secretary and any vice
president of Rangeland, which shall contain the names and signatures of the officers
of Rangeland authorized to execute Loan Documents and which shall certify to the
truth, correctness and completeness of the following exhibits attached thereto: (1)
a copy of resolutions duly adopted by the board of directors of Rangeland and in
full force and effect at the time this Amendment is entered into, authorizing the
execution of this Amendment, the Canadian Notes and the other Loan Documents
delivered or to be delivered in connection herewith and the consummation of the
transactions contemplated herein, (2) a copy of the charter documents of Rangeland
and all amendments thereto, certified by the appropriate official of its
jurisdiction of organization, and (3) a copy of the articles of association of
Rangeland.

     (iv) Favorable opinions of Tim Moore, Esq., General Counsel for Restricted Persons,
substantially in the form set forth in Exhibit E-1, Fulbright & Jaworski L.L.P.,
special Texas and New York counsel to Restricted Persons, substantially in the form
set forth in Exhibit E-2, and Bennett Jones LLP, special Canadian Counsel for
Restricted Persons, substantially in the form set forth in Exhibit E-3.

     (v) Such supporting documents as Administrative Agent may reasonably request.

ARTICLE IV. — Representations and Warranties

         § 4.1. Representations and Warranties of Borrowers. In order to induce Administrative
Agent and Lenders to enter into this Amendment, US Borrower and, with respect to itself and its
Subsidiaries, the Canadian Borrowers, represent and warrant to Administrative Agent and each Lender
that:

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     (a) The representations and warranties contained in Article V of the Original Agreement
are true and correct at and as of the time of the effectiveness hereof, except to the extent
that such representation and warranty was made as of a specific date or updated, modified or
supplemented as of a subsequent date with the consent of Majority Lenders, then in each case
such other date. No Default or Event of Default exists as of the date hereof and after
giving effect hereto. No Material Adverse Change has occurred since December 31, 2006.

     (b) Each Restricted Person is duly authorized to execute and deliver this Amendment, to
the extent a party hereto, and US Borrower and each Canadian Borrower is and will continue
to be duly authorized to borrow and perform its obligations under the Credit Agreement.
Each Restricted Person a party hereto has duly taken all action necessary to authorize the
execution and delivery of this Amendment and to authorize the performance of its obligations
hereunder.

     (c) The execution and delivery by each Restricted Person of this Amendment, to the
extent a party hereto, the performance by it of its obligations hereunder, and the
consummation of the transactions contemplated hereby, do not and will not (i) violate any
provision of any Law applicable to it or of the organizational documents of such Restricted
Person, or of any judgment, order or material license or permit applicable to or binding
upon any Restricted Person, (ii) result in the acceleration of any Indebtedness owed by it,
or (iii) result in the creation of any consensual Lien upon any of its material assets or
properties of any Restricted Person, except Permitted Liens, or , without duplication, as
expressly contemplated in, or permitted by, the Loan Documents. Except for those which have
been duly obtained, or, without duplication, as are expressly contemplated in , or permitted
by the Loan Documents, disclosed in the Disclosure Schedule or disclosed pursuant to Section
6.4 of the Credit Agreement, no consent, approval, authorization or order of any
Governmental Authority is required on the part of any Restricted Person a party thereto
pursuant to the provisions of any material Law applicable to it as a condition to its
execution and delivery by each Restricted Person of this Amendment and the performance of
its obligations hereunder, to the extent a party hereto, or to consummate the transactions
contemplated hereby.

     (d) When duly executed and delivered, this Amendment and each of the Loan Documents, as
amended hereby, will be a legal and binding instrument and agreement of each Restricted
Person to the extent a party hereto, enforceable in accordance with its terms, (subject, as
to enforcement of remedies, to applicable bankruptcy, insolvency and similar laws applicable
to creditors’ rights generally and general principles of equity).

ARTICLE V. — Miscellaneous

         § 5.1. Ratification of Agreements. The Original Agreement, as hereby amended, is
hereby ratified and confirmed in all respects. The Loan Documents, as they may be amended or
affected by this Amendment, are hereby ratified and confirmed in all respects by US Borrower and
each Canadian Borrower. Any reference to the Credit Agreement in any Loan Document shall be deemed
to refer to this Amendment also. The execution, delivery and effectiveness of this Amendment
shall not, except as expressly provided herein, operate as a waiver of any right, power or remedy
of Administrative Agent or any Lender under the Credit Agreement or any

5

 

other Loan Document nor constitute a waiver of any provision of the Credit Agreement or any
other Loan Document.

         § 5.2. Ratification of Security Documents. Borrowers, Administrative Agent, Canadian
Administrative Agent and Lenders each acknowledges and agrees that any and all Obligations,
including Canadian Loans to Rangeland, are guarantied by the respective Guarantors.

         § 5.3. Survival of Agreements. All representations, warranties, covenants and
agreements of each Restricted Person a party hereto shall survive the execution and delivery of
this Amendment and the performance hereof, including without limitation the making or granting of
each Loan, and shall further survive until all of the Obligations under the Credit Agreement are
paid in full. All statements and agreements contained in any certificate or instrument delivered
by any Restricted Person hereunder or under the Credit Agreement to Administrative Agent or any
Lender shall be deemed to constitute representations and warranties by, or agreements and covenants
of, Borrower and each Canadian Borrower under this Amendment and under the Credit Agreement.

         § 5.4. Loan Documents. This Amendment is a Loan Document, and all provisions in the
Credit Agreement pertaining to Loan Documents apply hereto.

         § 5.5. GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK AND ANY APPLICABLE LAWS OF THE UNITED STATES OF
AMERICA IN ALL RESPECTS, INCLUDING CONSTRUCTION, VALIDITY AND PERFORMANCE.

         § 5.6. Counterparts. This Amendment may be separately executed in counterparts and by
the different parties hereto in separate counterparts, each of which when so executed shall be
deemed to constitute one and the same Amendment. Delivery of an executed signature page by
facsimile transmission shall be effective as delivery of a manual executed counterpart.

6

 

     IN WITNESS WHEREOF, this Amendment is executed as of the date first above written.

	 	 	 	 	 
	US BORROWER:	PLAINS ALL AMERICAN PIPELINE, L.P.

 	 
	 	By:  	PLAINS AAP, L.P.,
 	 
	 	 	its general partner 	 
	 	 	 	 
	 	By:  	PLAINS ALL AMERICAN GP LLC,	 
	 	 	its general partner 	 
	 	 	 	 
	 	By:  	/s/ Al Swanson
 	 
	 	 	Al Swanson 	 
	 	 	Vice President - Finance and Treasurer 	 
	 
	 
	CANADIAN BORROWERS:	PMC (NOVA SCOTIA) COMPANY

 
	 	By:  	/s/ Al Swanson
 	 
	 	 	Al Swanson, Vice President and Treasurer 	 
	 	 	 	 
	 
	 	PLAINS MARKETING CANADA, L.P.

 	 
	 	By:  	PMC (Nova Scotia) Company,
 	 
	 	 	its general partner 	 
	 	 	 	 
	 	By:  	/s/ Al Swanson
 	 
	 	 	Al Swanson, Vice President and Treasurer 	 
	 	 	 	 
	 
	 	RANGELAND PIPELINE COMPANY

 	 
	 	By:  	/s/ Al Swanson
 	 
	 	 	Al Swanson, Vice President  -- Finance
and Treasurer 	 
	 
	 	 	 
	GUARANTOR:	PLAINS ALL AMERICAN PIPELINE, L.P. 
	 	 	 
	 	By:  	PLAINS AAP, L.P., its general partner
 	 
	 	 	 
	 	 	 	 
	 	By:  	PLAINS ALL AMERICAN GP LLC,	 
	 	 	its general partner 	 
	 	 	 	 
	 	By:  	/s/ Al Swanson
 	 
	 	 	Al Swanson 	 
	 	 	Vice President - Finance and Treasurer 	 

1

 

	 	 	 	 	 
	 	BANK OF AMERICA, N.A.,

Administrative Agent

 	 
	 	By:  	/s/ Todd Mac Neil
 	 
	 	 	Name:  	Todd Mac Neil 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	BANK OF AMERICA, N.A., a Lender

 	 
	 	By:  	/s/ Christen A. Lacey
 	 
	 	 	Name:  	Christen A. Lacey 	 
	 	 	Title:  	Principal 	 
	 

	 	 	 	 	 
	 	BANK OF AMERICA, N.A.,

acting through its Canada Branch,

as Canadian Administrative Agent

and a Canadian Lender

 	 
	 	By:  	/s/ Medina Sales de Andrade
 	 
	 	 	Name:  	Medina Sales de Andrade 	 
	 	 	Title:  	Vice President 	 
	 

2

 

	 	 	 	 	 
	 	WACHOVIA BANK, NATIONAL

ASSOCIATION,

Co-Syndication Agent and a Lender

 	 
	 	By:  	/s/ Shawn Young
 	 
	 	 	Name:  	Shawn Young 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	WACHOVIA CAPITAL FINANCE

CORPORATION (CANADA), a Canadian Lender

 	 
	 	By:  	/s/ Raymond N. Eghobamien
 	 
	 	 	Name:  	Raymond N. Eghobamien 	 
	 	 	Title:  	Vice President 	 

3

 

	 	 	 	 	 

	 	 	 	 	 
	 	JPMORGAN CHASE BANK, N.A.,

Co-Syndication Agent and a Lender

 	 
	 	By:  	/s/Tara Narasiman
 	 
	 	 	Name:  	Tara Narasiman 	 
	 	 	Title:  	Associate 	 
	 
	 	JPMORGAN CHASE BANK, N.A.,

TORONTO BRANCH,

a Canadian Lender

 	 
	 	By:  	/s/ Tara Narasiman
 	 
	 	 	Name:  	Tara Narasiman 	 
	 	 	Title:  	Associate 	 
	 

4

 

	 	 	 	 	 
	 	CITIBANK, N.A.,

Co-Documentation Agent and a Lender

 	 
	 	By:  	/s/ Todd Mogil
 	 
	 	 	Name:  	Todd Mogil 	 
	 	 	Title:  	Attorney-in-fact 	 
	 
	 	CITIBANK, N.A., Canadian branch,

a Canadian Lender

 	 
	 	By:  	/s/ Sheryl Holmes
 	 
	 	 	Name:  	Sheryl Holmes 	 
	 	 	Title:  	Authorized Signer 	 

5

 

	 	 	 	 	 

	 	 	 	 	 
	 	THE BANK OF NOVA SCOTIA,

Co-Documentation Agent and a Lender

 	 
	 	By:  	/s/ D. Mills
 	 
	 	 	Name:  	D. Mills 	 
	 	 	Title:  	Director 	 
	 
	 	THE BANK OF NOVA SCOTIA,

a Canadian Lender

 	 
	 	By:  	/s/ Stacey Strike
 	 
	 	 	Name:  	Stacey Strike 	 
	 	 	Title:  	Director 	 
	 

6

 

	 	 	 	 	 
	 	FORTIS CAPITAL CORP.,

Co-Documentation Agent and a Lender

 	 
	 	By:  	/s/ David Montgomery
 	 
	 	 	Name:  	David Montgomery 	 
	 	 	Title:  	Senior Vice President 	 
	 
	 	 	 
	 	By:  	/s/ Darrell Holley
 	 
	 	 	Name:  	Darrell Holley 	 
	 	 	Title:  	Managing Director 	 
	 
	 	FORTIS CAPITAL (CANADA) LTD.,

a Canadian Lender

 	 
	 	By:  	/s/ Doug Clark
 	 
	 	 	Name:  	Doug Clark 	 
	 	 	Title:  	SVP, Global Oil & Gas 	 
	 
	 	 	 
	 	By:  	/s/ Darrell Holley
 	 
	 	 	Name:  	Darrell Holley 	 
	 	 	Title:  	Managing Director 	 
	 

7

 

	 	 	 	 	 
	 	UBS AG, CANADA BRANCH,

a Canadian Lender

 	 
	 	By:  	/s/ Amy Fung
 	 
	 	 	Name:  	Amy Fung 	 
	 	 	Title:  	Director 	 
	 
	 	 	 
	 	By:  	/s/ Stephen Gerry
 	 
	 	 	Name:  	Stephen Gerry 	 
	 	 	Title:  	Director 	 
	 

8

 

	 	 	 	 	 
	 	BNP PARIBAS,

Co-Documentation Agent and a Lender

 	 
	 	By:  	/s/ Edward K. Chin
 	 
	 	 	Name:  	Edward K. Chin 	 
	 	 	Title:  	Managing Director 	 
	 
	 	 	 
	 	By:  	                 /s/ Richard J. Wernli
 	 
	 	 	Name:  	Richard J. Wernli 	 
	 	 	Title:  	Director 	 
	 
	 	BNP PARIBAS CANADA, a Canadian Lender

 	 
	 	By:  	/s/ Edward Pak
 	 
	 	 	Name:  	Edward Pak 	 
	 	 	Title:  	Vice President 	 
	 
	 	 	 
	 	By:  	                 /s/ Michael Gosselin
 	 
	 	 	Name:  	Michael Gosselin 	 
	 	 	Title:  	Managing Director 	 

9

 

	 	 	 	 	 

	 	 	 	 	 
	 	SUNTRUST BANK,

Co-Documentation Agent and a Lender

 	 
	 	By:  	/s/ Yann Pirio
 	 
	 	 	Name:  	Yann Pirio 	 
	 	 	Title:  	Vice President 	 
	 

10

 

	 	 	 	 	 
	 	DNB NOR BANK ASA,

Managing Agent and a Lender

 	 
	 	By:  	/s/ Philip F. Kurpiewski
 	 
	 	 	Name:  	Philip F. Kurpiewski 	 
	 	 	Title:  	Senior Vice President 	 
	 
	 	 	 
	 	By:  	                                              /s/ Jack Sun
 	 
	 	 	 	 
	 	 	Name:  	Jack Sun	 
	 	 	Title:  	Vice President 	 
	 

11

 

	 	 	 	 	 
	 	WELLS FARGO BANK, N.A.

Managing Agent and a Lender

 	 
	 	By:  	/s/ Charles W. Randall
 	 
	 	 	Name:  	Charles W. Randall 	 
	 	 	Title:  	Vice President 	 
	 

12

 

	 	 	 	 	 
	 	THE BANK OF TOKYO-MITSUBISHI UFJ,

LTD., Managing Agent and a Lender

 	 
	 	By:  	/s/ Takatoshi Haruna
 	 
	 	 	Name:  	Takatoshi Haruna 	 
	 	 	Title:  	General Manager 	 
	 

13

 

	 	 	 	 	 
	 	SUMITOMO MITSUI BANKING

CORPORATION, Managing Agent and a Lender

 	 
	 	By:  	/s/ David Buck
 	 
	 	 	Name:  	David Buck 	 
	 	 	Title:  	Senior Vice President 	 
	 

14

 

	 	 	 	 	 
	 	COMERICA BANK,

a Lender

 	 
	 	By:  	/s/ Josh Strong
 	 
	 	 	Name:  	Josh Strong 	 
	 	 	Title:  	Assistant Vice President 	 
	 
	 	COMERICA BANK, CANADA BRANCH,

a Lender

 	 
	 	By:  	/s/ Omer Ahmed
 	 
	 	 	Name:  	Omer Ahmed 	 
	 	 	Title:  	Portfolio Manager 	 
	 

15

 

	 	 	 	 	 
	 	BMO CAPITAL MARKETS FINANCING, INC.,

a Lender

 	 
	 	By:  	/s/ Cahal Carmody
 	 
	 	 	Name:  	Cahal Carmody 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	BANK OF MONTREAL, a Lender

 	 
	 	By:  	/s/ Cahal Carmody
 	 
	 	 	Name:  	Cahal Carmody 	 
	 	 	Title:  	Vice President 	 
	 

16

 

	 	 	 	 	 
	 	UNION BANK OF CALIFORNIA, N.A.,

a Lender

 	 
	 	By:  	/s/ Daniel A. Davis
 	 
	 	 	Name:  	Daniel A. Davis 	 
	 	 	Title:  	Vice President 	 
	 
	 	UNION BANK OF CALIFORNIA, N.A.,

CANADA BRANCH, a Lender

 	 
	 	By:  	/s/ Larry Sagriff
 	 
	 	 	Name:  	Larry Sagriff 	 
	 	 	Title:  	Vice President 	 
	 

17

 

	 	 	 	 	 
	 	ROYAL BANK OF CANADA,

a Lender

 	 
	 	By:  	/s/ David A. McCluskey
 	 
	 	 	Name:  	David A. McClusky 	 
	 	 	Title:  	Authorized Signatory 	 
	 

18

 

	 	 	 	 	 
	 	SOCIETE GENERALE,

a Lender

 	 
	 	By:  	/s/ Emmanuel Chesneau
 	 
	 	 	Name:  	Emmanuel Chesneau 	 
	 	 	Title:  	Managing Director 	 
	 
	 	 	 
	 	By:  	/s/ Chung – Taek Oh
 	 
	 	 	Name:  	Chung – Taek Oh	 
	 	 	Title: Vice President 	 
	 

	 	 	 	 	 
	 	SOCIETE GENERALE (CANADA)

 	 
	 	By:  	/s/ Charles Blue
 	 
	 	 	Name:  	Charles Blue 	 
	 	 	Title:  	Director 	 
	 
	 	 	 
	 	By:  	                                              /s/ Michael Rudanyez
 	 
	 	 	Name:  	Michael Rudanyez 	 
	 	 	Title:  	Vice President 	 
	 

19

 

	 	 	 	 	 
	 	HSBC BANK USA, NATIONAL ASSOCIATION

a Lender

 	 
	 	By:  	/s/ Mercedes Ahumada
 	 
	 	 	Name:  	Mercedes Ahumada 	 
	 	 	Title:  	Assistant Vice President 	 
	 
	 	HSBC BANK USA, NATIONAL ASSOCIATION,

TORONTO BRANCH, a Canadian Lender

 	 
	 	By:  	/s/ Maya Cukierman
 	 
	 	 	Name:  	Maya Cukierman 	 
	 	 	Title:  	Authorized Signatory 	 

20

 

	 	 	 	 	 

	 	 	 	 	 
	 	U.S. BANK NATIONAL ASSOCIATION,

a Lender

 	 
	 	By:  	/s/ Heather A. Han
 	 
	 	 	Name:  	Heather A. Han 	 
	 	 	Title:  	Assistant Vice President 	 
	 

21

 

	 	 	 	 	 
	 	ING CAPITAL LLC, a Lender

 	 
	 	By:  	/s/ Cheryl Labelle
 	 
	 	 	Name:  	Cheryl Labelle 	 
	 	 	Title:  	Managing Director 	 
	 

22

 

	 	 	 	 	 
	 	BAYERISCHE LANDESBANK,

CAYMAN ISLANDS BRANCH, a Lender

 	 
	 	By:  	/s/ Craig Anderson
 	 
	 	 	Name:  	Craig Anderson 	 
	 	 	Title:  	First Vice President 	 
	 
	 	 	 
	 	By:  	                   /s/ Donna M. Quilty
 	 
	 	 	Name:  	Donna M. Quilty 	 
	 	 	Title:  	Vice President 	 
	 

23

 

	 	 	 	 	 
	 	MIZUHO CORPORATE BANK, LTD., a Lender

 	 
	 	By:  	/s/ Hidekatsu Take
 	 
	 	 	Name:  	Hidekatsu Take 	 
	 	 	Title:  	Deputy General Manager 	 
	 

24

 

	 	 	 	 	 
	 	COMMERZBANK AG, NEW YORK AND

GRAND CAYMAN BRANCHES, a Lender

 	 
	 	By:  	/s/ Andrew Campbell
 	 
	 	 	Name:  	Andrew Campbell 	 
	 	 	Title:  	Senior Vice President 	 
	 
	 	 	 
	 	By:  	                                              /s/ Barbara Stacks
 	 
	 	 	Name:  	Barbara Stacks 	 
	 	 	Title:  	Assistant Vice President 	 
	 

25

 

	 	 	 	 	 
	 	AMEGY BANK NATIONAL ASSOCIATION,

a Lender

 	 
	 	By:  	/s/ Mark A. Serice
 	 
	 	 	Name:  	Mark A. Serice 	 
	 	 	Title:  	Vice President 	 
	 

26

 

CONSENT AND AGREEMENT

     Each of the undersigned Guarantors hereby consents to the provisions of this Amendment and the
execution and delivery of Canadian Notes by Rangeland, and the transactions contemplated herein and
therein and hereby and thereby (i) acknowledges and agrees that any and all indebtedness,
liabilities or obligations of US Borrower and each Canadian Borrower, including Rangeland, arising
under or in connection with the Credit Agreement and the Notes, including Canadian Notes issued by
Rangeland, are Obligations and are guarantied indebtedness under such Guarantor’s Guaranty, (ii)
ratifies and confirms its Guaranty made by it for the benefit of Administrative Agent and Lenders,
and (iii) expressly acknowledges and agrees that such Guarantor guarantees all indebtedness,
liabilities and obligations of US Borrower and each Canadian Borrower, including Rangeland, arising
under or in connection with the Credit Agreement and the Notes, including Canadian Notes issued by
Rangeland, pursuant to the terms of such Guaranty, and agrees that its obligations and covenants
thereunder are unimpaired hereby and shall remain in full force and effect.

	 	 	 	 	 
	 	PLAINS MARKETING, L.P.

PLAINS PIPELINE, L.P.

 	 
	 	By:  	PLAINS MARKETING GP INC.,
 	 
	 	 	its general partner 	 
	 	 	 	 
	 
	 	 	 
	 	By:  	     /s/ Al Swanson
 	 
	 	 	Al Swanson 	 
	 	 	Vice President and Treasurer 	 
	 

	 	 	 	 	 
	 	PAA FINANCE CORP.

PLAINS MARKETING GP INC.

PMC (NOVA SCOTIA) COMPANY

 	 
	 	By:  	/s/ Al Swanson
 	 
	 	 	Al Swanson 	 
	 	 	Vice President and Treasurer

	 
	 	PLAINS MARKETING CANADA LLC

 	 
	 
	 	By:  	PLAINS MARKETING, L.P.,
its sole member 
 	 
	 
	 	 	 
	 	By:  	                 PLAINS MARKETING GP INC.,
 	 
	 	 	its general partner 	 
	 	 	 	 
	 
	 	 	 
	 	By:  	                /s/ Al Swanson
 	 
	 	 	Al Swanson 	 
	 	 	Vice President and Treasurer 	 
	 

	 	 	 	 	 

27

 

	 	 	 	 	 
	 	PLAINS MARKETING CANADA, L.P.

 	 
	 	By:  	PMC (NOVA SCOTIA) COMPANY,
 	 
	 	 	its general partner 	 
	 	 	 	 
	 	By:  	                /s/ Al Swanson
 	 
	 	 	Al Swanson 	 
	 	 	Vice President and Treasurer 	 
	 
	 	BASIN PIPELINE HOLDINGS, L.P.

 	 
	 	By:  	Basin Holdings GP LLC, its general partner
 	 
	 	 	 
	 	By:  	     Plains Pipeline, L.P., its sole member
 	 
	 	 	 
	 	By:  	     Plains Marketing GP Inc., its general partner 	 
	 	 	 
	 	By:  	                /s/ Al Swanson
 	 
	 	 	Al Swanson 	 
	 	 	Vice President and Treasurer 	 
	 
	 	RANCHO PIPELINE HOLDINGS, L.P.

 	 
	 	By:  	Rancho Holdings GP LLC,
 	 
	 	 	its general partner 	 
	 	 	 
	 	By:  	          Plains Pipeline, L.P., its sole member
 	 
	 
	 	By:  	     Plains Marketing GP Inc., its general partner
 	 
	 	 	 	 
	 	 	 
	 	By:  	                                              /s/ Al Swanson
 	 
	 	 	Al Swanson 	 
	 	 	Vice President and Treasurer 	 
	 
	 	BASIN HOLDINGS GP LLC

RANCHO HOLDINGS GP LLC

 	 
	 	By:  	Plains Pipeline, L.P., its sole member
 	 
	 	 	 	 
	 	By:  	     Plains Marketing GP Inc., its general partner
 	 
	 	 	 
	 	By:  	                /s/ Al Swanson
 	 
	 	 	Al Swanson 	 
	 	 	Vice President and Treasurer 	 

28

 

	 	 	 	 	 
	 	 	 
	 	PLAINS LPG SERVICES GP LLC

 	 
	 
	 	By:  	Plains Marketing, L.P. its Sole Member  	 
	 
	 	 	 
	 	By:  	         Plains Marketing GP Inc.,
 	 
	 	 	Its General Partner 	 
	 	 	 	 
	 
	 	 	 

	 	 	 	 	 
	 	  By:  	                  /s/ Al Swanson
 	 

	 	 	Al Swanson 	 
	 	 	Vice President and Treasurer 	 

	 	 	 	 	 
	 
	 	PLAINS LPG SERVICES, L.P.

 	 
	 	By:  	Plains LPG Services GP LLC,
 	 
	 	 	Its General Partner 	 
	 	 	 	 
	 
	 	 	 
	 	By:  	        Plains Marketing, L.P., its Sole Member
 	 
	 	 	 	 
	 	 	 	 
	 
	 	 	 
	 	By:  	        Plains Marketing GP Inc.,
 	 
	 	 	Its General Partner 	 
	 	 	 	 
	 
	 	 	 

	 	 	 	 	 
	 	  By:  	                 /s/ Al Swanson
 	 
	 	 	Al Swanson 	 
	 	 	Vice President and Treasurer

	 	 	 	 	 
	 	LONE STAR TRUCKING, LLC
 	 
	 	By:  	Plains LPG Services, L.P., Its Sole Member
 	 
	 
	 	 	 
	 	By:  	        Plains LPG Services GP LLC,
 	 
	 	 	Its General Partner 	 
	 	 	 	 
	 
	 	 	 
	 	By:  	        Plains Marketing, L.P., its Sole Member
 	 
	 	 	 	 
	 	 	 	 
	 
	 	 	 
	 	By:  	        Plains Marketing GP Inc.,
 	 
	 	 	Its General Partner 	 
	 	 	 	 
	 

	 	 	 	 	 
	 	  By:  	                 /s/ Al Swanson
 	 
	 	 	Al Swanson 	 
	 	 	Vice President and Treasurer

29

 

	 	 	 	 	 

	 	 	 	 	 
	 	PLAINS MARKETING INTERNATIONAL GP
LLC, a Delaware limited liability company  	 
	 	 	 
	 	 	 
	 	By:  	       Plains Marketing, L.P., its Sole Member
 	 
	 
	 	 	 
	 	By:  	       Plains Marketing GP Inc., its General Partner
 	 
	 
	 	 	By:  	                /s/ Al Swanson
 
	 	 	 	Al Swanson 
	 	 	 	Vice President and Treasurer 
	 

	 	 	 	 	 
	 	PLAINS MARKETING INTERNATIONAL LP,

a Texas limited partnership

 	 
	 	By:  	Plains Marketing International GP LLC,
 	 
	 	 	its General Partner 	 
	 	 	 
	 	By:  	       Plains Marketing, L.P., its Sole Member
 	 
	 	 	 	 
	 	 	 
	 	By:  	       Plains Marketing GP Inc., its General Partner
 	 
	 	 	 
	 	 	By:  	                /s/ Al Swanson
 	 
	 	 	 	Al Swanson 	 
	 	 	 	Vice President and Treasurer 	 

	 	 	 	 	 
	 	PLAINS LPG MARKETING LP,

a Texas limited partnership

 	 
	 	By:  	Plains LPG Services GP LLC,
 	 
	 	 	its General Partner 	 
	 	 	 
	 	By:  	       Plains Marketing, L.P., its Sole Member
 	 
	 	 	 	 
	 	By:  	       Plains Marketing GP Inc., its General Partner
 	 
	 	 	 	 
	 
	 	 	By:  	                /s/ Al Swanson
 
	 	 	 	Al Swanson 	 
	 	 	 	Vice President and Treasurer 	 
	 

30

 

	 	 	 	 	 
	 	PEG CANADA GP LLC

 	 
	 	By:  	/s/ Al Swanson
 	 
	 	 	Al Swanson 	 
	 	 	Vice President- Finance and Treasurer 	 
	 

	 	 	 	 	 
	 	PACIFIC ENERGY GROUP LLC

 	 
	 	By:  	/s/ Al Swanson
 	 
	 	 	Al Swanson 	 
	 	 	Vice President- Finance and Treasurer 	 
	 

	 	 	 	 	 
	 	PEG CANADA, L.P.

 	 
	 	By:  	PEG Canada GP LLC,
 	 
	 	 	its general partner 	 
	 	 	 	 
	 
	 	 	 
	 	By:  	                        /s/ Al Swanson
 	 
	 	 	Al Swanson 	 
	 	 	Vice President- Finance and Treasurer 	 
	 

	 	 	 	 	 
	 	PACIFIC MARKETING AND TRANSPORTATION LLC

 	 
	 	By:  	/s/ Al Swanson
 	 
	 	 	Al Swanson 	 
	 	 	Vice President- Finance and Treasurer 	 
	 

	 	 	 	 	 
	 	ROCKY MOUNTAIN PIPELINE SYSTEM LLC

 	 
	 	By:  	/s/ Al Swanson
 	 
	 	 	Al Swanson 	 
	 	 	Vice President- Finance and Treasurer 	 
	 

31

 

	 	 	 	 	 
	 	RANCH PIPELINE LLC

 	 
	 	By:  	/s/ Al Swanson
 	 
	 	 	Al Swanson 	 
	 	 	Vice President- Finance and Treasurer 	 
	 

	 	 	 	 	 
	 	PACIFIC ATLANTIC TERMINALS LLC

 	 
	 	By:  	/s/ Al Swanson
 	 
	 	 	Al Swanson 	 
	 	 	Vice President- Finance and Treasurer 	 
	 

	 	 	 	 	 
	 	PACIFIC L.A. MARINE TERMINAL LLC

 	 
	 	By:  	/s/ Al Swanson
 	 
	 	 	Al Swanson 	 
	 	 	Vice President- Finance and Treasurer 	 
	 

	 	 	 	 	 
	 	RANGELAND PIPELINE COMPANY

 	 
	 	By:  	/s/ Al Swanson
 	 
	 	 	Al Swanson 	 
	 	 	Vice President- Finance and Treasurer 	 
	 

	 	 	 	 	 
	 	AURORA PIPELINE COMPANY LTD.

 	 
	 	By:  	/s/ Al Swanson
 	 
	 	 	Al Swanson 	 
	 	 	Vice President- Finance and Treasurer 	 
	 

32

 

	 	 	 	 	 
	 	RANGELAND PIPELINE PARTNERSHIP

 	 
	 	By:  	Rangeland Pipeline Company,
 	 
	 	 	its managing partner 	 
	 	 	 	 
	 
	 	 	 
	 	By:  	             /s/ Al Swanson
 	 
	 	 	Al Swanson 	 
	 	 	Vice President- Finance and Treasurer 	 
	 

	 	 	 	 	 
	 	RANGELAND NORTHERN PIPELINE

COMPANY

 	 
	 	By:  	/s/ Al Swanson
 	 
	 	 	Al Swanson 	 
	 	 	Vice President- Finance and Treasurer 	 
	 

	 	 	 	 	 
	 	RANGELAND MARKETING COMPANY

 	 
	 	By:  	/s/ Al Swanson
 	 
	 	 	Al Swanson 	 
	 	 	Vice President- Finance and Treasurer 	 
	 

	 	 	 	 	 
	 	PACIFIC ENERGY FINANCE CORPORATION

 	 
	 	By:  	/s/ Al Swanson
 	 
	 	 	Al Swanson 	 
	 	 	Vice President- Finance and Treasurer 	 
	 

33

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00127-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00127-of-00352.parquet"}]]