ENTERPRISE PRODUCTS PARTNERS L.P. 4,000,000 Common Units Representing Limited Partner Interests FIRST AMENDMENT TO UNDERWRITING AGREEMENT
EXHIBIT 1.2
ENTERPRISE PRODUCTS PARTNERS L.P.
4,000,000 Common Units
Representing Limited Partner Interests
Representing Limited Partner Interests
FIRST AMENDMENT TO UNDERWRITING AGREEMENT
November 30, 2005
UBS Securities LLC
000 Xxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
000 Xxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Dear Sirs:
Reference is made to that certain Underwriting Agreement, dated November 30, 2005 (the
“Underwriting Agreement”), by and among Enterprise Products Partners L.P., a Delaware
limited partnership (the “Partnership”), Enterprise Products OLPGP, Inc., a Delaware
corporation (“OLPGP”), Enterprise Products Operating L.P., a Delaware limited partnership
(the “Operating Partnership” and collectively with the Partnership and OLPGP, the
“Enterprise Parties”) and UBS Securities LLC (the “Underwriter”), pursuant to
which the Partnership agreed to sell to the Underwriter 4,000,000 common units, each representing a
limited partnership interest in the Partnership (the “Common Units”), to the Underwriter
and granted to the Underwriter an option to purchase up to an additional 600,000 Common Units. The
Enterprise Parties and the Underwriter wish to amend the Underwriting Agreement in accordance with
Section 19 of the Underwriting Agreement (this “Amendment”). Capitalized terms used and
not defined in this Amendment shall have the respective meanings assigned to them in the
Underwriting Agreement.
The parties to this Amendment hereby agree that Schedule I to the Underwriting Agreement shall
be deleted in its entirety and replaced with Schedule I hereto effective as of the time of
execution of the Underwriting Agreement. Except as expressly modified by this Amendment, the
Underwriting Agreement is unmodified and this Amendment shall not impair the full force and effect
of the Underwriting Agreement.
[Signature Pages to Follow]
1
If the foregoing correctly sets forth the agreement among the Enterprise Parties and the
Underwriter, please indicate your acceptance in the space provided for that purpose below.
Very truly yours, ENTERPRISE PRODUCTS PARTNERS L.P. By: Enterprise Products GP, LLC, its general partner |
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By: | /s/ Xxxxxxx X. Xxxxxxxx | |||
Xxxxxxx X. Xxxxxxxx | ||||
Executive Vice President and Chief Legal Officer | ||||
ENTERPRISE PRODUCTS OLPGP, INC. |
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By: | /s/ Xxxxxxx X. Xxxxxxxx | |||
Xxxxxxx X. Xxxxxxxx | ||||
Executive Vice President and Chief Legal Officer | ||||
ENTERPRISE PRODUCTS OPERATING L.P. By: Enterprise Products OLPGP, Inc., its general partner |
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By: | /s/ Xxxxxxx X. Xxxxxxxx | |||
Xxxxxxx X. Xxxxxxxx | ||||
Executive Vice President and Chief Legal Officer | ||||
2
The foregoing Amendment
to the Underwriting Agreement is
hereby confirmed and accepted
as of the date first set forth above.
to the Underwriting Agreement is
hereby confirmed and accepted
as of the date first set forth above.
By: UBS Securities LLC
By: | /s/ Xxxxxxx Xxxxxxxx | |||||
Xxxxxxx Xxxxxxxx Managing Director |
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By: | /s/ Xxxx Xxxx | |||||
Xxxx Xxxx Director |
3
Schedule I
Underwriting Agreement dated November 30, 2005
Pricing Date: November 29, 2005
Registration Statement No. 333-123150
Underwriter: UBS Securities LLC
Title; Purchase Price and Description of Common Units:
Title: Common Units representing Limited Partnership Interests
Number of Units to be sold by the Partnership: 4,000,000
Price to Public per Unit (including accrued dividends, if any): $25.03
Price to Public — total: $100,120,000
Underwriting Discount per Unit: $0.51
Underwriting Discount — total: $2,040,000
Proceeds to Partnership per Unit: $24.52
Proceeds to Partnership — total: $98,080,000
Other provisions: None
Trade Date: November 30, 2005
First Delivery Date, Time and Location:
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December 5, 2005 at 10:00 a.m., CST at Xxxxxx & Xxxxxx L.L.P., First City Tower, 0000 Xxxxxx, Xxxxxxx, Xxxxx |
Type of Offering: Non-Delayed
Date referred to in Section 5(i) after which the Partnership may offer or sell securities
issued or guaranteed by the Partnership without the consent of UBS Securities LLC: January 13, 2006