Common use of Indenture; Lease Agreement Clause in Contracts

Indenture; Lease Agreement. This Bond is one of an authorized issue of bonds (the “Bonds”), limited to $100,000,000 in principal amount, issued under the Indenture of Trust dated as of July 1, 2010 (the “Indenture”), between the Parish of St. Xxxxx, State of Louisiana (the “Issuer”) and U.S. Bank National Association, as trustee (the “Trustee”). The terms of the Bonds include those in the Indenture. Bondholders are referred to the Indenture for a statement of those terms. Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to them in the Indenture. The Issuer will issue the Bonds to finance the cost of acquisition, construction and installation of an addition of approximately 3 million barrels of crude storage capacity composed of 4 tanks with approximately 370,000 shell barrels each, 2 tanks with approximately 680,000 shell barrels each and 1 tank with approximately 150,000 shell barrels; piping to connect the new tanks to existing tanks, docks and third-party pipelines; roads; electrical work; fire protection and dikes located at the NuStar St. Xxxxx Terminal on the west bank of the Mississippi River at mile marker 159.9 in the Parish of St. Xxxxx, State of Louisiana (the “Project”). The Issuer will lease the Project to NuStar Logistics, L.P. (the “Company”), pursuant to a Lease Agreement dated as of July 1, 2010 (the “Agreement”), between the Issuer and the Company. The Company has agreed in the Agreement to make rental payments to the Issuer in amounts sufficient to pay all amounts coming due on the Bonds, and the Issuer has assigned its rights to such payments under the Agreement to the Trustee as security for the Bonds. The Indenture and the Agreement may be amended, and references to them include any amendments. The Issuer has established a Book-Entry system of registration for this Bond. Except as specifically provided otherwise in the Indenture, CEDE & co., as nominee of The Depository Trust Company, a New York corporation (“DTC”), will be the registered owner and will hold this Bond on behalf of each Beneficial Owner hereof. By acceptance of a confirmation of purchase, delivery or transfer, each Beneficial Owner of this Bond shall be deemed to have agreed to such arrangement. CEDE & co., as registered owner of this Bond, may be treated as the owner of it for all purposes.

Indenture; Lease Agreement. This Bond is one of an authorized issue of bonds (the “Bonds”), limited to $100,000,000 85,000,000 in principal amount, issued under the Indenture of Trust dated as of July December 1, 2010 (the “Indenture”), between the Parish of St. Xxxxx, State of Louisiana (the “Issuer”) and U.S. Bank National Association, as trustee (the “Trustee”). The terms of the Bonds include those in the Indenture. Bondholders are referred to the Indenture for a statement of those terms. Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to them in the Indenture. The Issuer will issue the Bonds to finance the cost of acquisition, construction and installation of an addition of approximately 3 4 8 million barrels of crude additional storage capacity composed comprised of 4 approximately twenty-four (24) tanks with approximately 370,000 shell barrels each, 2 tanks with approximately 680,000 shell barrels each and 1 tank with approximately 150,000 ranging in capacity from 90,000 to 363,000 shell barrels; piping to connect the and new tank lines, pumps and manifolds for new tanks to existing tanks, docks and third-party pipelines; roads; electrical work; fire protection and dikes located at the NuStar St. Xxxxx Terminal on the west bank of the Mississippi River at mile marker 159.9 in the Parish of St. Xxxxx, State of Louisiana (the “Project”). The Issuer will lease the Project to NuStar Logistics, L.P. (the L.P.(the “Company”), pursuant to a Lease Agreement dated as of July December 1, 2010 (the “Agreement”), between the Issuer and the Company. The Company has agreed in the Agreement to make rental payments to the Issuer in amounts sufficient to pay all amounts coming due on the Bonds, and the Issuer has assigned its rights to such payments under the Agreement to the Trustee as security for the Bonds. The Indenture and the Agreement may be amended, and references to them include any amendments. The Issuer has established a Book-Entry system of registration for this Bond. Except as specifically provided otherwise in the Indenture, CEDE & co., as nominee of The Depository Trust Company, a New York corporation (“DTC”), will be the registered owner and will hold this Bond on behalf of each Beneficial Owner hereof. By acceptance of a confirmation of purchase, delivery or transfer, each Beneficial Owner of this Bond shall be deemed to have agreed to such arrangement. CEDE & co., as registered owner of this Bond, may be treated as the owner of it for all purposes.

Indenture; Lease Agreement. This Bond is one of an authorized issue of bonds (the “Bonds”), limited to $100,000,000 75,000,000 in principal amount, issued under the Indenture of Trust dated as of July August 1, 2010 2011 (the “Indenture”), between the Parish of St. Xxxxx, State of Louisiana (the “Issuer”) and U.S. Bank National Association, as trustee (the “Trustee”). The terms Terms of the Bonds include those in the Indenture. Bondholders are referred to the Indenture for a statement of those termsTerms. Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to them in the Indenture. The Issuer will issue the Bonds to finance the cost of acquisition, construction and installation of an addition of approximately 3 4.8 million barrels of crude additional storage capacity composed comprised of 4 approximately twenty-four (24) tanks with approximately 370,000 shell barrels each, 2 tanks with approximately 680,000 shell barrels each and 1 tank with approximately 150,000 ranging in capacity from 90,000 to 363,000 shell barrels; piping to connect the new tanks to existing tank lines, pumps and manifolds for new tanks; and additional rail car offloading facilities, docks and third-party pipelines; roads; electrical work; fire protection and dikes located at the NuStar St. Xxxxx Terminal on the west bank of the Mississippi River at mile marker 159.9 in the Parish of St. Xxxxx, State of Louisiana (the “Project”). The Issuer will lease the Project to NuStar Logistics, L.P. (the “Company”), pursuant to a Lease Agreement dated as of July August 1, 2010 2011 (the “Agreement”), between the Issuer and the Company. The Company has agreed in the Agreement to make rental payments to the Issuer in amounts sufficient to pay all amounts coming due on the Bonds, and the Issuer has assigned its rights to such payments under the Agreement to the Trustee as security for the Bonds. The Indenture and the Agreement may be amended, and references to them include any amendments. The Issuer has established a Book-Entry system of registration for this Bond. Except as specifically provided otherwise in the Indenture, CEDE & co.Co., as nominee of The Depository Trust Company, a New York corporation (“DTC”), will be the registered owner and will hold this Bond on behalf of each Beneficial Owner hereof. By acceptance of a confirmation of purchase, delivery or transfer, each Beneficial Owner of this Bond shall be deemed to have agreed to such arrangement. CEDE & co.Co., as registered owner of this Bond, may be treated as the owner of it for all purposes.

Indenture; Lease Agreement. This Bond is one of an authorized issue of bonds (the “Bonds”), limited to $100,000,000 56,200,000 in principal amount, issued under the Indenture of Trust dated as of July June 1, 2010 2008 (the “Indenture”), between the Parish of St. Xxxxx, State of Louisiana (the “Issuer”) and U.S. Bank National Association, as trustee (the “Trustee”). The terms of the Bonds include those in the Indenture. Bondholders are referred to the Indenture for a statement of those terms. Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to them in the Indenture. The Issuer will issue the Bonds to finance the cost of acquisition, construction and installation of an addition of approximately 3 1.4 million barrels of crude storage capacity composed comprised of 4 four (4) tanks with approximately 370,000 350,000 shell barrels each, 2 tanks with approximately 680,000 shell barrels each and 1 tank with approximately 150,000 shell barrels; piping to connect the new tanks to existing tanks, docks and third-party pipelines; a marine vapor combustor; roads; electrical work; fire protection and dikes located at the NuStar St. Xxxxx Terminal on the west bank of the Mississippi River at mile marker 159.9 in the Parish of St. Xxxxx, State of Louisiana (the “Project”). The Issuer will lease the Project to NuStar Logistics, L.P. (the L.P.(the “Company”), ) pursuant to a Lease Agreement dated as of July June 1, 2010 2008 (the “Agreement”), between the Issuer and the Company. The Company has agreed in the Agreement to make rental payments to the Issuer in amounts sufficient to pay all amounts coming due on the Bonds, and the Issuer has assigned its rights to such payments under the Agreement to the Trustee as security for the Bonds. The Indenture and the Agreement may be amended, and references to them include any amendments. The Issuer has established a Book-Entry system of registration for this Bond. Except as specifically provided otherwise in the Indenture, CEDE & co., as nominee of The Depository Trust Company, a New York corporation (“DTC”), will be the registered owner and will hold this Bond on behalf of each Beneficial Owner hereof. By acceptance of a confirmation of purchase, delivery or transfer, each Beneficial Owner of this Bond shall be deemed to have agreed to such arrangement. CEDE & co., as registered owner of this Bond, may be treated as the owner of it for all purposes.

Indenture; Lease Agreement. This Bond is one of an authorized issue of bonds (the “Bonds”), limited to $100,000,000 in principal amount, issued under the Indenture of Trust dated as of July October 1, 2010 (the “Indenture”), between the Parish of St. Xxxxx, State of Louisiana (the “Issuer”) and U.S. Bank National Association, as trustee (the “Trustee”). The terms of the Bonds include those in the Indenture. Bondholders are referred to the Indenture for a statement of those terms. Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to them in the Indenture. The Issuer will issue the Bonds to finance the cost of acquisition, construction and installation of an addition of approximately 3 million barrels of crude storage capacity composed of 4 tanks with approximately 370,000 shell barrels each, 2 tanks with approximately 680,000 shell barrels each and 1 tank with approximately 150,000 shell barrelstanks; piping to connect the new tanks to existing tanks, docks and third-party pipelines; roadsa new dock; electrical work; fire protection and dikes unit train installation located at the NuStar St. Xxxxx Terminal on the west bank of the Mississippi River at mile marker 159.9 in the Parish of St. Xxxxx, State of Louisiana (the “Project”). The Issuer will lease the Project to NuStar Logistics, L.P. (the “Company”), pursuant to a Lease Agreement dated as of July October 1, 2010 (the “Agreement”), between the Issuer and the Company. The Company has agreed in the Agreement to make rental payments to the Issuer in amounts sufficient to pay all amounts coming due on the Bonds, and the Issuer has assigned its rights to such payments under the Agreement to the Trustee as security for the Bonds. The Indenture and the Agreement may be amended, and references to them include any amendments. The Issuer has established a Book-Entry system of registration for this Bond. Except as specifically provided otherwise in the Indenture, CEDE & co., as nominee of The Depository Trust Company, a New York corporation (“DTC”), will be the registered owner and will hold this Bond on behalf of each Beneficial Owner hereof. By acceptance of a confirmation of purchase, delivery or transfer, each Beneficial Owner of this Bond shall be deemed to have agreed to such arrangement. CEDE & co., as registered owner of this Bond, may be treated as the owner of it for all purposes.