Fourth Supplemental Indenture dated as of August 2, 2022, among Targa Resources Corp., as issuer, the guarantors named therein and U.S. Bank Trust Company, National Association, as trustee
Exhibit 10.6
FOURTH SUPPLEMENTAL INDENTURE
This Fourth Supplemental Indenture (this “Supplemental Indenture”), dated as of August 2, 2022 among the parties identified under the caption “Guaranteeing Subsidiaries” on the signature page hereto (each individually, a “Guaranteeing Subsidiary” and together, the “Guaranteeing Subsidiaries”), Targa Resources Corp., a Delaware corporation (the “Issuer”), the other Subsidiary Guarantors (as defined in the Indenture referred to herein) and U.S. Bank Trust Company, National Association, as trustee under the Indenture referred to below (the “Trustee”).
W I T N E S S E T H
WHEREAS, the Issuer has heretofore executed and delivered to the Trustee an indenture (the “Base Indenture”), dated as of April 6, 2022, as supplemented by that certain First Supplemental Indenture, dated as of April 6, 2022 (the “First Supplemental Indenture”) providing for the issuance of the Company’s 4.200% Senior Notes due 2033 (the “2033 Notes”) and the Company’s 4.950% Senior Notes due 2052 (the “4.950% 2052 Notes”), that certain Second Supplemental Indenture, dated as of June 22, 2022 (the “Second Supplemental Indenture”) and that certain Third Supplemental Indenture, dated as of July 7, 2022 (the “Third Supplemental Indenture” and, together with the Base Indenture, the First Supplemental Indenture and the Second Supplemental Indenture, the “Indenture”) providing for the issuance of the Company’s 5.200% Senior Notes due 2027 (the “2027 Notes”) and the Company’s 6.250% Senior Notes due 2052 (the “6.250% 5052 Notes” and, together with the 2033 Notes, the 4.950% Notes and the 2027 Notes, the “Notes”);
WHEREAS, Section 3.2 of the Indenture provides that under certain circumstances each Guaranteeing Subsidiary shall execute and deliver to the Trustee a supplemental indenture pursuant to which each Guaranteeing Subsidiary shall unconditionally guarantee all of the Issuer’s obligations under the Notes and the Indenture on the terms and conditions set forth herein (the “Note Guarantee”); 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, each Guaranteeing Subsidiary and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes as follows:
Signature pages follow.
2
Exhibit 10.6
IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed and attested, all as of the date first above written.
GUARANTEEING SUBSIDIARIES
LASSO ACQUIROR LLC
TARGA TRAIN 9 LLC
TARGA NORTHERN DELAWARE LLC
By: /s/ Scott Rogan
Name: Scott Rogan
Title: Senior Vice President – Finance and Treasurer
Signature Page to Supplemental Indenture
(April 6, 2022 Indenture)
ISSUER
TARGA RESOURCES CORP.
By: /s/ Scott Rogan
Name: Scott Rogan
Title: Senior Vice President – Finance and Treasurer
Signature Page to Supplemental Indenture
(April 6, 2022 Indenture)
TRUSTEE
U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, as Trustee
By: /s/ Michael K. Herberger
Authorized Signatory
Signature Page to Supplemental Indenture
(April 6, 2022 Indenture)