Document:

exv4w3

 

Exhibit 4.3

     This FIRST SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of November
15, 2006, is among Plains All American Pipeline, L.P., a Delaware limited partnership (“Plains”),
Pacific Energy Finance Corporation, a Delaware corporation (“Finance Corp”), each of the parties
identified under the caption “Guarantors” on the signature pages hereto (the “Guarantors”) and
Wells Fargo Bank, National Association, a national association banking corporation, as Trustee.

RECITALS

     WHEREAS, Pacific Energy Partners, L.P., a Delaware limited partnership (the “Company”),
Finance Corp (together with the Company, the “Issuers”), the initial Guarantors and the Trustee
entered into an Indenture, dated as of September 23, 2005 (the “Indenture”), pursuant to which the
Issuers have issued $175 million in aggregate principal amount of 6 1/4% Senior Notes due 2015 (the
“Notes”);

     WHEREAS, the Company has merged with and into Plains on November 15, 2006, and Plains is the
survivor of such merger;

     WHEREAS, Section 9.01(c) of the Indenture provides that the Issuers, the Guarantors and the
Trustee may amend or supplement the Indenture in order to comply with Section 5.01 thereof, without
the consent of the Holders of the Notes;

     WHEREAS, Section 9.01(g) of the Indenture provides that the Issuers, the Guarantors and the
Trustee may amend or supplement the Indenture in order to comply with Section 4.13 thereof, without
the consent of the Holders of the Notes;

     WHEREAS, all acts and things prescribed by the Indenture, by law and by the Certificate of
Incorporation and the Bylaws (or comparable constituent documents) of Plains, Finance Corp, the
Guarantors and of the Trustee necessary to make this Supplemental Indenture a valid instrument
legally binding on Plains, Finance Corp, the Guarantors and the Trustee, in accordance with its
terms, have been duly done and performed;

     NOW, THEREFORE, to comply with the provisions of the Indenture and in consideration of the
above premises, Plains, Finance Corp, the Guarantors and the Trustee covenant and agree for the
equal and proportionate benefit of the respective Holders of the Notes as follows:

ARTICLE I

     Section 1.01. This Supplemental Indenture is supplemental to the Indenture and does and shall
be deemed to form a part of, and shall be construed in connection with and as part of, the
Indenture for any and all purposes.

     Section 1.02. This Supplemental Indenture shall become effective immediately upon its
execution and delivery by each of Plains, Finance Corp, the Guarantors and the Trustee.

 

 

ARTICLE II

     Section 2.01. From this date, in accordance with Section 5.01 and by executing this
Supplemental Indenture, Plains unconditionally assumes all of the obligations of the Company under
the Indenture and under the Notes.

     Section 2.02. From this date, in accordance with Section 4.13 and by executing this
Supplemental Indenture, the Guarantors whose signatures appear below are subject to the provisions
of the Indenture to the extent provided for in Article 10 thereunder.

ARTICLE III

     Section 3.01. Except as specifically modified herein, the Indenture and the Notes are in all
respects ratified and confirmed (mutatis mutandis) and shall remain in full force and effect in
accordance with their terms with all capitalized terms used herein without definition having the
same respective meanings ascribed to them as in the Indenture.

     Section 3.02. Except as otherwise expressly provided herein, no duties, responsibilities or
liabilities are assumed, or shall be construed to be assumed, by the Trustee by reason of this
Supplemental Indenture. This Supplemental Indenture is executed and accepted by the Trustee
subject to all the terms and conditions set forth in the Indenture with the same force and effect
as if those terms and conditions were repeated at length herein and made applicable to the Trustee
with respect hereto.

     Section 3.03. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE
WITH, THE LAWS OF THE STATE OF NEW YORK.

     Section 3.04. The parties may sign any number of copies of this Supplemental Indenture. Each
signed copy shall be an original, but all of such executed copies together shall represent the same
agreement.

[NEXT PAGE IS SIGNATURE PAGE]

2

 

     IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly
executed, all as of the date first written above.

	 	 	 	 	 	 	 
	 	 	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

	 	 	 	 	 
	 	PACIFIC ENERGY FINANCE CORPORATION

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

PACIFIC ATLANTIC TERMINALS LLC

 	 
	 	By:  	 /s/ Al Swanson	 
	 	 	Name:  	Al Swanson 	 
	 	 	Title:  	Vice President - Finance and Treasurer 	 
	 
	 
	 	PACIFIC ENERGY GROUP LLC

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

[Signature Page to First Supplemental Indenture]

 

 

	 	 	 	 	 
	 	PEG CANADA GP LLC

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

	 	 	 	 	 	 	 
	 	 	PEG CANADA, L.P.
	 
	 	 	 	 	 	 
	 	 	By:	 	PEG Canada GP LLC,

its general partner
	 
	 	 	 	 	 	 
	 

	 	 	 	By:	 	 /s/ Al Swanson
	 

	 	 	 	 	 	 
	 

	 	 	 	Name:
	 	Al Swanson
	 

	 	 	 	Title:
	 	Vice President - Finance and Treasurer
	 

	 	 	 	 	 
	 	ROCKY MOUNTAIN PIPELINE SYSTEM LLC

 	 
	 	By:  	 /s/ Al Swanson	 
	 	 	Name:  	Al Swanson 	 
	 	 	Title:  	Vice President - Finance and Treasurer 	 
	 
	 
	 	RANCH PIPELINE LLC

 	 
	 	By:  	 /s/ Al Swanson	 
	 	 	Name:  	Al Swanson 	 
	 	 	Title:  	Vice President - Finance and Treasurer 	 
	 
	 
	 	PACIFIC MARKETING AND TRANSPORTATION LLC

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

[Signature Page to First Supplemental Indenture]

 

 

	 	 	 	 	 
	 	PACIFIC L.A. MARINE TERMINAL LLC

 	 
	 	By:  	 /s/ Al Swanson	 
	 	 	Name:  	Al Swanson 	 
	 	 	Title:  	Vice President - Finance and Treasurer 	 
	 
	 	RANGELAND PIPELINE COMPANY

 	 
	 	By:  	 /s/ Al Swanson	 
	 	 	Name:  	Al Swanson 	 
	 	 	Title:  	Vice President - Finance and Treasurer 	 
	 
	 	AURORA PIPELINE COMPANY LTD.

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

	 	 	 	 	 	 	 
	 	 	RANGELAND PIPELINE PARTNERSHIP
	 
	 	 	 	 	 	 
	 	 	By:	 	Rangeland Pipeline Company,

its managing partner
	 
	 	 	 	 	 	 
	 

	 	 	 	By:	 	 /s/ Al Swanson
	 

	 	 	 	 	 	 
	 

	 	 	 	 	 	Name: Al Swanson
	 

	 	 	 	 	 	Title: Vice President - Finance and Treasurer

[Signature Page to First Supplemental Indenture]

 

 

	 	 	 	 	 
	 	RANGELAND NORTHERN PIPELINE COMPANY

 	 
	 	By:  	 /s/ Al Swanson	 
	 	 	Name:  	Al Swanson 	 
	 	 	Title:  	Vice President - Finance and Treasurer 	 
	 
	 	RANGELAND MARKETING COMPANY

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

	 	 	 	 	 	 	 
	 	 	PLAINS MARKETING, L.P.
	 
	 	 	 	 	 	 
	 	 	By:	 	Plains Marketing GP Inc.,

its general partner
	 
	 	 	 	 	 	 
	 

	 	 	 	By:	 	 /s/ Al Swanson
	 

	 	 	 	 	 	 
	 

	 	 	 	 	 	Al Swanson
	 

	 	 	 	 	 	Vice President and Treasurer

	 	 	 	 	 	 	 
	 	 	PLAINS PIPELINE, L.P.
	 
	 	 	 	 	 	 
	 	 	By:	 	Plains Marketing GP Inc.,

its general partner
	 
	 	 	 	 	 	 
	 

	 	 	 	By:	 	 /s/ Al Swanson
	 

	 	 	 	 	 	 
	 

	 	 	 	 	 	Al Swanson
	 

	 	 	 	 	 	Vice President and Treasurer

[Signature Page to First Supplemental Indenture]

 

 

	 	 	 	 	 
	 	PLAINS MARKETING GP INC.

 	 
	 	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

	 	 	 	 	 	 	 
	 	 	PLAINS MARKETING CANADA, L.P.
	 
	 	 	 	 	 	 
	 	 	By:	 	PMC (Nova Scotia) Company,

its general partner
	 
	 	 	 	 	 	 
	 

	 	 	 	By:	 	 /s/ Al Swanson
	 

	 	 	 	 	 	 
	 

	 	 	 	 	 	Al Swanson
	 

	 	 	 	 	 	Vice President and Treasurer

	 	 	 	 	 
	 	PMC (NOVA SCOTIA) COMPANY

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

[Signature Page to First Supplemental Indenture]

 

 

	 	 	 	 	 	 	 
	 	 	BASIN 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
	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	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 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

[Signature Page to First Supplemental Indenture]

 

 

	 	 	 	 	 	 	 
	 	 	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
	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	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

[Signature Page to First Supplemental Indenture]

 

 

	 	 	 	 	 	 	 
	 	 	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
	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	PLAINS MARKETING INTERNATIONAL 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

[Signature Page to First Supplemental Indenture]

 

 

	 	 	 	 	 	 	 
	 	 	PLAINS MARKETING INTERNATIONAL, L.P.
	 
	 	 	 	 	 	 
	 	 	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, 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
	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 

	 	 	 	 	 
	 	PAA FINANCE CORP.

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

[Signature Page to First Supplemental Indenture]

 

 

	 	 	 	 	 
	 	WELLS FARGO BANK, NATIONAL

ASSOCIATION, as Trustee

 	 
	 	By:  	/s/ Maddy Hall	 
	 	 	Name:  Maddy Hall	 	 
	 	 	Title:    Assistant Vice President	 	 
	 

[Signature Page to First Supplemental Indenture]exv4w01

 

 

     The Company will furnish to any shareholder upon request and without charge a full statement of the designation, relative rights, preferences and limitations
of the shares of each class authorized to be issued and the designation, relative rights, preferences and limitations of each series of preferred
shares which the Company is authorized to issue so far as the same
have been fixed, and the authority of the Board of Directors of the Company
to designate and fix the relative rights, preferences and limitations of other series.

     The
following abbreviations, when used in the inscription on the face of this certificate, shall be construed as though they were
written out in full according to applicable laws or regulations:

	 	 	 
	TEN COM—as tenants in common

	 	UNIF GIFT MIN ACT—                     Custodian                     
	TEN ENT —as tenants by the entireties

	 	                                             (Cust)                          (Minor)
	JT TEN     —as joint tenants with right of

                      
survivorship and not as tenants in
                       common

	 	                                             under Uniform Gifts to Minors
                                             Act                    

                                                       (State)

Additional abbreviations may also be used though not in the above list.

	 	 	 
	 

	 	For value received,                      hereby sell, assign and transferunto
	 

	 	PLEASE INSERT SOCIAL SECURITY OR OTHER

          IDENTIFYING
NUMBER OF ASSIGNEE

	 	 	 	 	 
	 

	 	 

	 	 
	 	 	 	 	 

	 	 	 
	 

	 	 
	 

	 	(PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE)
	 
	 	 
	 
	 

	 	 
	 
	 	 
	 
	 

	 	 
	 
	 	 
	 
	 

	 	 
	 

	 	shares of the capital stock
represented by the within Certificate, and do hereby irrevocably constitute and appoint
	 
	 	 
	 
	 

	 	 
	 

	 	Attorney to transfer the said stock on the books of the within named Corporation with full power of substitution in the premises.
	 

	 	Dated                                         

	 	 	 	 	 
	 
	 

	 	 	 	 
	 

	 	NOTICE:
	 	THE SIGNATURE TO THIS ASSIGNMENT MUST CORRESPOND WITH THE NAME AS WRITTEN UPON THE FACE OF
THE CERTIFICATE IN EVERY PARTICULAR, WITHOUT ALTERATION OR ENLARGEMENT OR ANY CHANGE WHATEVER.

	 	 	 	 	 
	 

	 	Signature(s) Guaranteed:	 	 
	 
	 	 	 	 
	 
	 

	 	 

THE SIGNATURE(S) SHOULD BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION
(BANKS, STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH MEMBERSHIP
IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM), PURSUANT TO
S.E.C RULE 17 Ad-15.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00113-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00113-of-00352.parquet"}]]