FIRST SUPPLEMENTAL INDENTURE
Exhibit 4.7
EXECUTION VERSION
FIRST SUPPLEMENTAL INDENTURE
First Supplemental Indenture (this Supplemental Indenture), dated as of October 26, 2010, among each of Regency Zephyr LLC, a Delaware limited liability company, Regency Midcontinent Express LLC, a Delaware limited liability company, and Regency Midcontinent Express Pipeline I LLC, a Delaware limited liability company (collectively, the Guaranteeing Subsidiaries), Regency Energy Partners LP, a Delaware limited partnership (Regency Energy Partners), Regency Energy Finance Corp., a Delaware corporation (Finance Corp. and, together with Regency Energy Partners, the Issuers), the other Guarantors (as defined in the Indenture referred to herein) and Wells Fargo Bank, National Association, as trustee (the Trustee) under the Indenture referred to below.
W I T N E S S E T H:
WHEREAS, the Issuers have heretofore executed and delivered to the Trustee an Indenture (the Indenture), dated as of May 20, 2009, providing for the issuance of the 9 3/8% Senior Notes due 2016 (the Notes);
WHEREAS, the Indenture provides that under certain circumstances the Guaranteeing Subsidiaries shall execute and deliver to the Trustee a supplemental indenture pursuant to which the Guaranteeing Subsidiaries shall unconditionally guarantee all of the Issuers Obligations under the Notes and the Indenture on the terms and conditions set forth herein (the Note Guarantees); and
WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee is authorized to execute and deliver this Supplemental Indenture.
NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Guaranteeing Subsidiaries and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes as follows:
1. Capitalized Terms. Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture.
2. Agreement to Guarantee. The Guaranteeing Subsidiaries hereby agree to provide an unconditional Guarantee on the terms and subject to the conditions set forth in the Note Guarantee and in the Indenture including but not limited to Article 10 thereof.
3. No Recourse Against Others. No past, present or future director, officer, employee, incorporator, stockholder or agent of the Guaranteeing Subsidiaries, as such, shall have any liability for any obligations of the Issuers or any Guaranteeing Subsidiaries under the Notes, any Note Guarantees, the Indenture or this Supplemental Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of the Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. Such waiver may not be effective to waive liabilities
under the federal securities laws and it is the view of the SEC that such a waiver is against public policy.
4. NEW YORK LAW TO GOVERN. THE LAW OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO CONSTRUE THIS SUPPLEMENTAL INDENTURE.
5. Counterparts. The parties may sign any number of copies of this Supplemental Indenture. Each signed copy shall be an original, but all of them together represent the same agreement.
6. Effect of Headings. The Section headings herein are for convenience only and shall not affect the construction hereof.
7. The Trustee. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Guaranteeing Subsidiaries and the Issuers.
[Signature Page Follows]
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IN WITNESS WHEREOF, each of the undersigned has caused this Supplemental Indenture to be duly executed as of the date first above written.
GUARANTEEING SUBSIDIARIES:
REGENCY MIDCONTINENT EXPRESS PIPELINE I LLC By: Regency Midcontinent Express LLC, its sole member REGENCY MIDCONTINENT EXPRESS LLC REGENCY ZEPHYR LLC | ||
By: | Regency Gas Services LP, its sole member | |
By: | Regency OLP GP LLC, its general partner | |
By: | ||
Name: Byron R. Kelley | ||
Title: President |
ISSUERS:
REGENCY ENERGY PARTNERS LP
| ||
By: | Regency GP LP, its general partner | |
By: | Regency GP LLC, its general partner | |
By: | ||
Name: Byron R. Kelley | ||
Title: President and Chief Executive Officer |
REGENCY ENERGY FINANCE CORP.
| ||
By: | ||
Name: Byron R. Kelley | ||
Title: President |
Signature Pages to Supplemental Indenture
EXISTING GUARANTORS:
REGENCY OLP GP LLC | ||
By: | ||
Name: Byron R. Kelley | ||
Title: President |
REGENCY GAS SERVICES LP
| ||
By: | Regency OLP GP LLC, its general partner | |
By: | ||
Name: Byron R. Kelley | ||
Title: President |
GULF STATES TRANSMISSION CORPORATION PUEBLO HOLDINGS, INC. PUEBLO MIDSTREAM GAS CORPORATION
| ||
By: | ||
Name: Byron R. Kelley | ||
Title: President |
Signature Pages to Supplemental Indenture
CDM RESOURCE MANAGEMENT LLC WGP-KHC, LLC By: Frontstreet Hugoton LLC, its sole member FRONTSTREET HUGOTON LLC PALAFOX JOINT VENTURE By: Regency Field Services LLC and Regency Gas Services LP, its venturers REGENCY FIELD SERVICES LLC REGENCY GAS MARKETING LLC REGENCY GAS UTILITY LLC REGENCY HAYNESVILLE INTRASTATE GAS LLC REGENCY LIQUIDS PIPELINE LLC
| ||
By: | Regency Gas Services LP, its sole member | |
By: | Regency OLP GP LLC, its general partner | |
By: | ||
Name: Byron R. Kelley | ||
Title: President |
Signature Pages to Supplemental Indenture
WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee
| ||
By: | ||
Name: Martin G. Reed | ||
Title: Vice President |
Signature Pages to Supplemental Indenture