MUTUAL EASEMENT AGREEMENT
EXHIBIT 10.12
This
Mutual Easement Agreement (this “Easement Agreement”)
is made as of the 31st day of
March, 2009, among SemCrude, L.P. (“SemCrude”), and
SemGroup Energy Partners, L.L.C. (“SGLLC”), and SemGroup
Crude Storage, L.L.C. (“Storage” and together
with SGLLC, “SGLP”).
WITNESSETH
Whereas, SemCrude, SemGroup,
L.P., SemMaterials, L.P. and SemManagement, L.L.C. and SemGroup Energy Partners,
L.P., SGLLC, SemGroup Crude Storage, L.L.C., SemPipe G.P., L.L.C., SemPipe,
L.P., SemMaterials Energy Partners, L.L.C. and SGLP Asphalt, L.L.C. have entered
into a Master Agreement, dated as of the date hereof (the “Master Agreement”);
and
Whereas, the parties own
certain real estate in Xxxxx County, Oklahoma, located within and adjacent to a
multi-owner crude oil storage and terminal facility (the “Facility”) located in
Cushing, Oklahoma, commonly known as the Cushing Terminal Facility, and
consisting of three parts commonly known as “Cushing North”, “Cushing Central”
and “Cushing South”; and
Whereas, SemCrude owns the
real estate described on the Exhibit A attached
hereto (less and except the 20.25 acre tract owned by Storage and described on
the Exhibit B
attached hereto), located within the Cushing North portion of the Facility (the
“SemCrude
Property”); and
Whereas, SGLLC owns the real
estate described on the Exhibit B attached
hereto, other than the 20.25 acre tract, and Storage owns the 20.25 acre tact
described on said Exhibit B, all
located within the Cushing North portion of the Facility (collectively, the
“SGLP North
Property”); and
Whereas, SGLLC also owns the
real estate described on the Exhibit C attached
hereto, located within the Cushing Central portion of the Facility (the “SGLP Central
Property”); and
Whereas, SGLLC also owns the
real estate described on the Exhibit D attached
hereto, located within the Cushing South portion of the Facility (the “SGLP South
Property”); and
Whereas, the SemCrude Property and the
SGLP North Property are generally depicted, together with existing and certain
planned crude oil storage tanks, buildings, pipelines, LACTs, manifolds, meters,
water and utility equipment, berms, ponds, fencing and other improvements and
related equipment (whether depicted or not) (collectively, whether owned by
SemCrude or SGLP, the “Improvements”), on
the Exhibits
E-1 and E-2 attached hereto;
and
Whereas, the parties, together
with other signatories thereto, have entered into a certain Shared Services
Agreement as of even date herewith (the “SSA”), which SSA
addresses certain activities on the Cushing North portion of the Facility and
other matters.
Now, Therefore, for and in
consideration of the covenants and grants of rights granted hereunder, the
parties hereto mutually agree to the grant of mutually beneficial easements
across each of their properties, for the benefit of the other, as
follows:
1.
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Grant of Easement for
Access for Shared Services. Each of the parties hereto
grants to the other a non-exclusive easement for access to and from,
under, over and across the SemCrude Property, the SGLP North Property, the
SGLP Central Property and the SGLP South Property, as the case may be, as
reasonably needed or desirable in order to perform its obligations under
and in compliance with the terms and requirements of the SSA, together
with such recipient’s representatives, engineers, consultants and
contractors (collectively, “Representatives”).
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2.
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Grant of Easement for
SemCrude Facility Improvements. SGLP, as grantor, hereby
grants to SemCrude, as grantee, a non-exclusive easement for SemCrude’s
Improvements as presently located or to be located on the SGLP North
Property and for such Improvements, including without limitation the right
to add foam lines, water lines and electrical power lines for the benefit
of grantor and grantee’s equipment and systems, to reconfigure the North
Extension Manifold in order to split its output capacity to serve SGLP and
SemCrude tanks individually, together with replacements thereof made from
time to time, together with a non-exclusive easement for access to and
from, under, over and across, the SGLP North Property, to construct,
install, bury, maintain, connect, operate, use, inspect, test, remove,
change and replace said
Improvements.
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3.
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Grant of Easement for
SGLP Facility Improvements. SemCrude, as grantor, hereby
grants to SGLP, as grantee, a non-exclusive easement for SGLP’s
Improvements as presently located or to be located on the SemCrude
Property and for such Improvements, together with replacements thereof
made from time to time, together with a non-exclusive easement for access
to and from, under, over and across, the SemCrude Property, to construct,
install, bury, maintain, connect, operate, use, inspect, test, remove,
change and replace said
Improvements.
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4.
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Grant of Easement for
SemCrude See Line Pipeline. SGLP, as grantor, hereby
grants to SemCrude, as grantee, a non-exclusive easement for the See Line
Pipeline presently located on the SGLP South Property which connects to
SGLP’s tanks at Cushing South, to remain in its current location, together
with replacements thereof made from time to time, together with a
non-exclusive easement for access to and from, under, over and across, the
SGLP South Property, to construct, install, bury, maintain, connect,
operate, use, inspect, test, remove, change and replace said
pipeline.
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5.
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Grant of Easement for
Additional Pipeline Rights to SemCrude. To the extent
permitted by the applicable easement, right-of-way, lease or license
agreement granted by third party(ies) in favor of SGLP within and between
Cushing North, Xxxxxxx Central and Cushing South (the “SGLP
Easements”), SGLP, as grantor, hereby grants to SemCrude, as
grantee, a non-exclusive easement to construct pipelines and related
equipment within the SGLP Easements, to construct, install, bury,
maintain, connect, operate, use, inspect, test, remove, change and replace
pipelines, together with a non-exclusive easement for access to and from,
under, over and across, the underlying land, subject, in each instance to
the following terms and conditions: (i) the grant of rights hereunder
shall be subject to all terms and conditions of the SGLP Easements, (ii)
SemCrude shall pay all costs and expenses, and fees and charges imposed by
third parties, of all kinds associated with its use of such SGLP
Easements, and (iii) SGLP shall have the right to prohibit the
installation of SemCrude’s pipelines or equipment if such pipelines or
equipment would materially interfere with SGLP’s pipelines or equipment
located within the SGLP Easements, as reasonably determined by
SGLP. SemCrude shall notify SGLP in writing in the event
SemCrude elects to exercise its rights under this Section, in which event
SGLP shall provide to SemCrude a copy of the underlying muniment of title
evidencing the applicable SGLP Easement (or applicable portions or
summaries thereof if subject to limitations on disclosure) and the parties
shall cooperate in good faith in the determination of the location and
depth of such pipeline and related equipment and the construction schedule
therefor, and SGLP shall cooperate, at no cost or expense to SGLP, in the
obtaining of any consents required from the underlying grantor (it being
agreed that SemCrude shall bear the cost and expense of obtaining all such
consents).
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6.
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Agreement to Grant
Easement for Future See Line Pipeline. SGLP, as grantor,
agrees to allow SemCrude to construct a new See Line pipeline over and
across and underground on the SGLP North Property to connect to Tank 1007,
substantially in the location designated therefor on Exhibit E-1.
Upon commencement of the construction thereof, such future See Line
pipeline shall be an Improvement hereunder for all
purposes. SemCrude shall notify SGLP in writing in the event
SemCrude elects to construct such pipeline, and the parties shall
cooperate in good faith in the determination of the location of such
pipeline and the construction schedule therefor. Upon
completion of such construction, SemCrude shall deliver to SGLP a revised
Exhibit
E-1 showing the as-built location of the See Line pipeline, in form
satisfactory to both parties.
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7.
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Agreement to Grant
Easement for Future 20-Inch Pipeline. SGLP, as
grantor, agrees to allow SemCrude to construct a new 20-inch pipeline with
related equipment (the “20-Inch
Pipeline”) over and across and underground on any property within
the Facility owned by SGLP in a location to be mutually determined by SGLP
and SemCrude, and to grant to SemCrude a non-exclusive easement to
construct, install, bury, maintain, connect, operate, use, inspect, test,
remove, change and replace the 20-Inch Pipeline, for the purpose of
connecting SemCrude’s operations at the Cushing North portion of the
Facility to terminal facilities located in the Cushing South portion of
the Facility. Upon commencement of the construction thereof,
such 20-Inch Pipeline shall be an Improvement hereunder for all
purposes. SemCrude shall notify SGLP in writing in the event
SemCrude elects to construct the 20-Inch Pipeline, and the parties shall
cooperate in good faith in the determination of the location of such
pipeline and the construction schedule therefor. Upon
completion of such construction, SemCrude shall deliver to SGLP a revised
Exhibit
E-1 showing the as-built location of the 20-Inch Pipeline, , in
form satisfactory to both parties.
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8.
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Grant of Easement for
Additional Pipeline Rights to SGLP. To the extent
permitted by the applicable easement, right-of-way, lease or license
agreement granted by third party(ies) in favor of SemCrude with respect to
the 20-Inch Pipeline on property other than property owned by SGLP,
SemCrude, as grantor, hereby grants to SGLP, as grantee, a non-exclusive
easement to construct, install, bury, maintain, connect, operate, use,
inspect, test, remove, change and replace pipelines and related equipment
within any easement rights held by SemCrude within the Facility for
SemCrude’s 20-Inch Pipeline, together with a non-exclusive easement for
access to and from, under, over and across, the underlying land, subject,
in each instance to the following terms and conditions: (i) the grant of
rights hereunder shall be subject to all terms and conditions of the grant
of right-of-way or easement or lease or license by which SemCrude holds
its interest, (ii) SGLP shall pay all costs and expenses ,and fees and
charges imposed by third parties, of all kinds associated with its use of
such right-of-way, easement, lease or license, and (iii) SemCrude
shall have the right to prohibit the installation of SGLP’s pipelines or
equipment if such pipelines or equipment would materially interfere with
SemCrude’s pipelines or equipment located within such right-of-way or
easement or lease or license area. SGLP shall notify SemCrude
in writing in the event SGLP elects to exercise its rights under this
Section, in which event SemCrude shall provide to SGLP a copy of the
underlying muniment of title evidencing the applicable right-of-way,
easement, lease or license and the parties shall cooperate in good faith
in the determination of the location of such pipeline and the construction
schedule therefor, and SemCrude shall cooperate, at no cost or expense to
SemCrude, in the obtaining of any consents required from the underlying
grantor (it being agreed that SGLP shall bear the cost and expense of
obtaining all such consents).
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9.
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Agreement to Grant
Easement for SGLP Pipeline. SemCrude, as grantor, agrees
to allow SGLP to construct a new pipeline with related equipment (the
“SGLP
Pipeline”) over and across and underground on any property within
the Facility owned by SemCrude in a location to be mutually determined by
SGLP and SemCrude, and to grant to SGLP a non-exclusive easement to
construct, install, bury, maintain, connect, operate, use, inspect, test,
remove, change and replace the SGLP Pipeline, for the purpose of
connecting SGLP’s operations at the Cushing Central portion of the
Facility to terminal facilities located in the Cushing North portion of
the Facility. Upon commencement of the construction thereof,
such SGLP Pipeline shall be an Improvement hereunder for all
purposes. SGLP shall notify SemCrude in writing in the event
SGLP elects to construct the SGLP Pipeline, and the parties shall
cooperate in good faith in the determination of the location of such
pipeline and the construction schedule therefor. Upon
completion of such construction, SGLP shall deliver to SemCrude a revised
Exhibit
E-1, showing the as-built location of the SGLP Pipeline, in form
satisfactory to both parties.
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10.
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Conditions of
Operations. Each party hereto, in the exercise of its
easement rights across the property of the other party hereunder, agrees
as follows:
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A.
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All
uses of the grantor’s property are made at the risk of the
grantee. Each grantee shall, and shall cause all of its
Representatives to, comply with work safety rules, regulations,
instructions and scheduling concerning the use of the grantor’s
property. Any construction hereunder shall be done at the sole
risk of the party having such construction done, and not at the grantor’s
risk. Except to the extent covered in the SSA (in which event
the SSA shall govern), each grantor and grantee shall keep and maintain
the Improvements of such grantor or grantee in good condition and repair,
and shall make all repairs, replacements and renewals, foreseen and
unforeseen, ordinary or extraordinary, in order to maintain the same in
such state of condition and repair.
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B.
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Each
party as grantee shall operate and maintain its Improvements located on
the property of the grantor, and the exercise of the easements rights by
the grantee thereof hereunder shall be, without undue interference with
the operations of the grantor, or its tenants, licensees, guests, or
invitees. Except to the extent covered in the SSA (in which
event the SSA shall govern), each such grantee shall, at its sole cost and
expense, promptly repair and restore any and all damage to the property of
grantor, including, without limitation, damage to any improvements located
on such property, caused by the exercise of such easement rights by such
grantor. If such repair and/or restoration is not carried out
within a reasonable period after the date such damage is caused, the
applicable grantor shall have the right to cause such repair and/or
restoration to be made, and the applicable grantee shall, upon written
demand therefor by such grantor, reimburse grantor for all of its fees,
costs and expenses (including, without limitation, reasonable attorneys’
fees and court costs) incurred in making or related to such repair and/or
restoration.
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C.
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Each
party shall cause its operations and construction hereunder and the use of
the other’s property to be in compliance with all applicable laws,
statutes, regulations, rules, zoning laws, environmental laws, health and
safety laws, and any other federal, state or local codes and
ordinances applicable to the party, its business, operations,
improvements and equipment, and the property affected
thereby. Each party shall conduct its operations on the
property of the other in a good and workmanlike manner, exercising
reasonable skill, care and diligence in performing the same, consistent in
all material respects with prudent industry
practices.
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D. In
the event either party is in default of its obligations hereunder, the other
party shall notify the defaulting party in writing thereof, providing reasonable
detail of such default for proper identification, and the grantee shall have
thirty days to cure such default; provided, that if the defaulting party shall
commence to cure such default within twenty days of receipt of such notice, and
shall proceed to cure such default with due diligence, the defaulting party
shall have a period of up to ninety days to complete such
cure. Notwithstanding the foregoing, if any operation of a party
hereto constitutes a present danger to life or property, the party responsible
for such condition shall immediately cause the cure of such condition, including
as necessary termination of operation of the Improvements causing such
condition, until the condition is resolved. Each party shall be
entitled to receive injunctive or similar relief to enjoin any
default. Each party grants to the other party the right to enforce
the grants of easement rights herein by specific performance. Any
partial release of any easement rights granted herein shall not affect any other
easement rights granted herein.
E. Each
grantor and grantee shall keep in effect, at their respective sole cost and
expenses, reasonably satisfactory comprehensive general liability insurance
covering their respective properties and the easement rights granted hereunder
with maximum limits of liability of not less than $1,000,000 for bodily injury
of death to one person, or to any group of persons as a result of one accident,
and $1,000,000 for property damage. Each party shall name the
applicable other party as an additional insured and furnish such other party
with certificates of current policies, and upon expiration thereof, renewal
certificates, evidencing such insurance.
F. Each
grantor shall pay all real estate taxes and assessments that shall be due and
payable on its property prior to delinquency.
G. Nothing
contained herein shall be construed or deemed to constitute a dedication,
express or implied, of any real property to or for any public use or purpose
whatsoever.
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11.
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No
Representation. EACH GRANTEE ACKNOWLEDGES AND AGREES
THAT, EXCEPT AS OTHERWISE EXPRESSLY SET FORTH IN THIS EASEMENT AGREEMENT,
THE EASEMENTS GRANTED TO IT HEREUNDER ARE BEING GRANTED TO SUCH GRANTEE
“AS IS, WHERE IS, AND WITH ANY AND ALL FAULTS AND PATENT AND LATENT
DEFECTS” AND GRANTOR HAS NOT MADE, DOES NOT MAKE, AND SPECIFICALLY
DISCLAIMS ANY REPRESENTATION, PROMISE, COVENANT, AGREEMENT, GUARANTY OR
WARRANTY OF ANY KIND OR CHARACTER, EXPRESS OR IMPLIED, OR ARISING BY
OPERATION OF LAW, AS TO THE QUANTITY, QUALITY, CONDITION, SUITABILITY OR
HABITABILITY OF ANY OF THE LAND UNDERLYING ANY OF THE EASEMENT RIGHTS
GRANTED TO SUCH GRANTEE HEREIN FOR ANY PURPOSE WHATSOEVER, INCLUDING
WITHOUT LIMITATION, SOIL CONDITIONS, AVAILABILITY OF UTILITIES, DRAINAGE,
ZONING LAWS, ENVIRONMENTAL LAWS, OR ANY OTHER FEDERAL, STATE OR LOCAL
STATUTES, CODES, REGULATIONS OR ORDINANCES. EACH GRANTEE
ALSO ACKNOWLEDGES AND AGREES THAT IT IS THE GRANTEE'S OBLIGATION TO
INSPECT AND INVESTIGATE THE LAND SUBJECT TO THE EASEMENT RIGHTS GRANTED
HEREIN TO DETERMINE WHETHER SUCH LAND IS ADEQUATE TO ENABLE THE GRANTEE
TO MAKE THE USE THEREOF INTENDED HEREIN AND FURTHER IT SHALL BE THE
GRANTEE'S OWN DETERMINATION WITH RESPECT TO THE SUITABILITY OF THE LAND,
INCLUDING, WITHOUT LIMITATION, WITH RESPECT TO SOIL CONDITIONS,
AVAILABILITY OF UTILITIES, DRAINAGE, ZONING LAWS, ENVIRONMENTAL LAWS, AND
ANY OTHER FEDERAL, STATE OR LOCAL STATUTES, CODES REGULATIONS OR
ORDINANCES. EACH GRANTEE ACKNOWLEDGES THAT THE DISCLAIMERS,
AGREEMENTS AND OTHER STATEMENTS SET FORTH IN THIS PARAGRAPH ARE AN
INTEGRAL PORTION OF THIS EASEMENT
AGREEMENT.
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12.
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Testing. EACH
GRANTEE MUST OBTAIN THE GRANTOR’S PRIOR APPROVAL FOR THE PERFORMANCE OF
ANY INVASIVE OR INTRUSIVE SOIL, GEOLOGICAL, GEOTHERMAL OR OTHER PHYSICAL
TESTING OF ANY KIND, INCLUDING WITHOUT LIMITATION ENVIRONMENTAL TESTING,
RECOMMENDED BY SUCH GRANTEE’S ENGINEERS OR REQUIRED BY SUCH GRANTEE’S
MORTGAGEES. ANY REQUEST BY A GRANTEE TO PERFORM INVASIVE
TESTING AT ANY SITE ON THE GRANTOR’S PROPERTY MUST BE ACCOMPANIED BY A
SUMMARY OF THE PROPOSED SCOPE OF WORK OR THE ENGINEER’S
PROPOSAL. A GRANTEE SHALL NOT INTERFERE UNREASONABLY WITH THE
OPERATION OF THE FACILITIES LOCATED ON THE GRANTOR’S PROPERTY THAT IS
SUBJECT TO ITS INSPECTION OR TESTING AND SHALL COORDINATE ALL OF ITS
ACTIVITIES AND THOSE OF ITS ENGINEERS, REPRESENTATIVES, CONSULTANTS AND
AGENTS WITH THE GRANTOR TO MINIMIZE POSSIBLE INTERFERENCE WITH SUCH
FACILITIES OR THEIR OPERATION. EACH GRANTEE SHALL PROMPTLY
RESTORE ANY AREA OF THE GRANTOR’S PROPERTY THAT IS DISTURBED IN THE COURSE
OF GRANTEE’S TESTING OR USE TO THE CONDITIONS EXISTING PRIOR TO ANY TESTS
CONDUCTED BY SUCH GRANTEE OR ITS REPRESENTATIVES OR TO THE CONDITIONS
EXISTING PRIOR TO ANY USE MADE BY SUCH GRANTEE OR ITS
REPRESENTATIVES.
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13.
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INDEMNIFICATION. EACH
GRANTEE AGREES TO INDEMNIFY, DEFEND, AND HOLD GRANTOR HARMLESS FROM AND
AGAINST ANY CLAIM MADE AGAINST GRANTOR AND/OR GRANTOR’S REPRESENTATIVES
FOR ANY LOSS OR DAMAGE INCLUDING PROPERTY DAMAGE AND DEATH OR BODILY
INJURY, SUFFERED BY GRANTOR OR ANY OF ITS REPRESNTATIVES AS A RESULT OF
SUCH GRANTEE’S INSPECTIONS, SAMPLING OR TESTING AND GRANTEE’S USE OF THE
EASEMENTS GRANTED TO IT HEREIN. THE FOREGOING INDEMNIFICATION
OBLIGATIONS OF THE PARTIES SHALL SURVIVE ANY SALE OF PROPERTY BY EITHER
PARTY AND SHALL SURVIVE ANY EXPIRATION OR TERMINATION OF ANY OF THE
EASEMENT RIGHTS GRANTED HEREUNDER FOR ACTIONS ACCRUING DURING THE TERM
HEREOF.
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14.
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WAIVER OF
LIABILITY. EXCEPT FOR THE PARTIES’ INDEMNIFICATION
OBLIGATIONS WITH RESPECT TO CLAIMS OF THIRD PARTIES, THE
PARTIES’ LIABILITY FOR DAMAGES HEREUNDER IS LIMITED TO DIRECT, ACTUAL
DAMAGES ONLY, AND NEITHER PARTY SHALL BE LIABLE TO THE OTHER FOR LOST
PROFITS OR OTHER BUSINESS INTERRUPTION DAMAGES, OR SPECIAL, CONSEQUENTIAL,
INCIDENTAL, PUNITIVE, EXEMPLARY OR INDIRECT DAMAGES, IN TORT, CONTRACT OR
OTHERWISE, OF ANY KIND, ARISING OUT OF OR IN ANY WAY CONNECTED WITH THE
PERFORMANCE, THE SUSPENSION OF PERFORMANCE, THE FAILURE TO PERFORM, OR THE
TERMINATION OF THIS EASEMENT
AGREEMENT.
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15.
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Termination. Any
grantee may terminate and abandon any of its easement rights granted
hereunder, by written notice to the other party, and such termination and
abandonment shall be irrevocable and effective as of the date set forth in
such notice. The party so terminating its rights hereunder
shall have removed its Improvements from the other party’s property prior
to such termination and shall repair and restore the land disturbed by
such removal. If the terminating party has not removed its
Improvements on or prior to the effective date of such termination, such
Improvements shall become the property of the applicable grantor, and
grantee shall have no further right in or to such
Improvements. In addition, if any or all of any easement
granted to a grantee are taken by condemnation, then such easement shall
terminate at the time of such taking, and such grantee shall be entitled
to the portion of the condemnation award as shall be mutually determined
between the applicable grantor and such grantee, or as determined by final
non-appealable order of an appropriate court having jurisdiction
thereof.
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16.
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Cooperation in
Operations. The parties agree to cooperate in good faith
with each other in negotiating a possible relocation of any easement right
granted hereunder and the associated Improvements in order to accommodate
the reasonable development of the business and property of the other;
provided, however, that the grantee shall not be required to release any
easement rights in such negotiations, and in the relocation of such
easement rights, the cost of such relocation shall be borne by the grantor
requesting such relocation, and such relocation shall not place any
greater burden on the grantee in the development and use of such grantee’s
easement rights than the burden such grantee would incur if such grantee
were to develop and use its easement rights hereunder in their present
location.
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17.
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Permanent Covenants
Running with Land. Other than the grant of easement
under Section 1 hereof, which shall automatically terminate of even date
with any termination of the services provided under Exhibit B of the SSA,
and subject to the provisions of Section 15 hereof, all of the easements
and rights hereby granted, the restrictions and obligations hereby
imposed, and the agreements herein contained shall be permanent, perpetual
easements, rights, restrictions, obligations and agreements and shall be
covenants running with the land and shall inure to the benefit of, and be
binding upon, the parties hereto and their respective heirs, successors,
and assigns, the land affected hereby and the future owners
thereof. Each party shall provide (or cause to be provided) to
any persons acquiring any interest or rights in its property or any
portion thereof that is affected by this Easement Agreement with a copy of
this Easement Agreement.
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18.
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Covenant Against
Liens.
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A. Each
grantee hereby covenants and agrees that it will not cause or permit any lien
(including, without limitation, the filing of any mechanic’s lien) to be filed
or asserted against the property of the grantor as a result of any act or
omission of grantee. In the event any such lien or notice of lien is
filed, grantee shall, within twenty (20) days of receipt of notice from grantor
of the filing of the lien, contest such lien as permitted by law if such contest
is sufficient alone to prevent the lien from maturing, or contest said lien as
permitted by law and bond or insure over said lien, or fully discharge the lien
by settling the claim which resulted in the lien or by bonding or insuring over
the lien in the manner prescribed by applicable law. If grantee fails
to so contest and/or discharge the lien, then, in addition to any other right or
remedy of grantor, grantor may bond or insure over the lien or otherwise
discharge the lien. Grantee shall reimburse grantor any amount paid
by grantor to bond or insure over the lien or discharge the lien, including
without limitation reasonable attorneys’ fees, within fifteen (15) days of
receipt of invoice therefor. Any rights and obligations created under
or by this Section shall survive termination or expiration of this Easement
Agreement.
B. Each
grantor shall have the right to cause one or more mortgages or deeds of trust
against the property owned by such grantor, provided, however, that the
mortgagee or beneficiary/grantee thereunder shall be subject to all of the
covenants, conditions and restrictions of this Easement Agreement, and if any
portion of such property subject to such mortgages or deeds of trust are sold
under a foreclosure, or conveyed to such mortgagee or beneficiary/grantee in
lieu of foreclosure, any such purchaser or grantee and its successors and
assigns shall hold any and all such property purchased or acquired subject to
all of the covenants, conditions and restrictions of this Easement
Agreement.
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19.
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Recordation. The
parties shall file a memorandum of record in the property records of Xxxxx
County, Oklahoma, providing notice of this Easement
Agreement.
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20.
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Notices. Any
notice and other communication hereunder shall be in writing and shall be
deemed to have been duly given upon receipt if (i) hand delivered
personally, (ii) mailed by certified mail, postage prepaid, return receipt
requested, (iii) sent by Federal Express or other express carrier, fee
prepaid, (iv) sent via facsimile with receipt confirmed, or (v) sent via
electronic email with receipt confirmed, provided that such notice or
communication is addressed to the parties at their respective addresses
below:
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To
SemCrude:
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SemCrude,
L.P.
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00000
Xxxxx X-00 Xxxxxxx Xxxx
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Xxxxxxxx
Xxxx, Xxxxxxxx 00000
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Telephone: 000-000-0000
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Attention:
Xxxxx Xxxxxxxxxx
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with
copy to:
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SemCrude,
L.P.
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Two
Xxxxxx Place
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0000
Xxxxx Xxxx Xxxxxx, Xxxxx 000
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Xxxxx,
Xxxxxxxx 00000
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Phone: (000)
000-0000
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Fax: (000)
000-0000
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Attention: Chief
Financial Officer
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To
SGLP:
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SemGroup
Energy Partners, L.L.C.
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Two
Xxxxxx Place
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0000
Xxxxx Xxxx Xxxxxx, Xxxxx 000
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Xxxxx,
Xxxxxxxx 00000
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Phone: (000)
000-0000
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Fax: (000)
000-0000
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Attention: Chief
Financial Officer
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Any party
may change the person and address to which notices or other communications to it
hereunder are to be sent by giving written notice of any such change to the
other party in the manner provided in this Section.
21.
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Non-Waiver. No
delay or failure by either party to exercise any right under this Easement
Agreement, and no partial or single exercise of that right, shall
constitute a waiver of that or any other
right.
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22.
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Headings. Headings
in this Easement Agreement are for convenience only and shall not be used
to interpret or construe its
provisions.
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23.
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Governing Law;
Jurisdiction. The terms and provisions of this Easement
Agreement shall be governed by and construed in accordance with the laws
of the State of Oklahoma. During the pendency of the Bankruptcy
Cases (as defined below), and without limiting any party’s right to appeal
any order of the Bankruptcy Court (as defined below), (i) the Bankruptcy
Court shall retain exclusive jurisdiction to enforce the terms hereof and
to decide any claims or disputes which may arise or result from, or be
connected hereby, and (ii) any and all actions related to the foregoing
shall be filed and maintained only in the Bankruptcy Court, and the
parties hereby consent to and submit to the jurisdiction and venue of the
Bankruptcy Court and shall receive notices at such locations as provided
hereinabove. “Bankruptcy
Cases” means the chapter 11 cases commenced by SemGroup, L.P. and
certain of its direct and indirect subsidiaries on July 22, 2008, jointly
administered under Case No. 08-11525 (BLS). “Bankruptcy
Court” means the United States Bankruptcy Court for the District of
Delaware or any other court having jurisdiction over the Bankruptcy Cases
from time to time. Thereafter, the parties agree that action with respect
to this Easement Agreement will be brought in an Oklahoma state court or
Federal Court of the United States sitting in the county in which the Real
Property is located and the parties hereby submit to the exclusive
jurisdiction of said court. The parties hereby unconditionally
and irrevocably waive, to the fullest extent permitted by applicable law,
any objection which they may now or hereafter have to the laying of venue
or any dispute arising out of or relating to this Easement Agreement or
any of the transactions contemplated hereby brought in any court specified
above, or any defense of inconvenient forum of the maintenance of such
dispute. Each of the parties hereto agrees that a judgment in
any such dispute may be enforced in other jurisdictions by suit on the
judgment or in any other manner provided by
law.
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24.
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Waiver of Jury
Trial. THE PARTIES HEREBY IRREVOCABLY AND
UNCONDITIONALLY WAIVE, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW,
ANY RIGHT THAT THEY MAY HAVE TO TRIAL BY JURY OF ANY CLAIM OR CAUSE OF
ACTION, OR IN ANY PROCEEDING, DIRECTLY OR INDIRECTLY BASED UPON OR ARISING
OUT OF THIS EASEMENT AGREEMENT, OR THE TRANSACTIONS CONTEMPLATED BY THIS
EASEMENT AGREEMENT (WHETHER BASED ON CONTRACT, TORT, OR ANY OTHER
THEORY). EACH PARTY (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT
OR ATTORNEY OF THE OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE,
THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO
ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER
PARTY HAVE BEEN INDUCED TO ENTER INTO THIS EASEMENT AGREEMENT BY, AMONG
OTHER THINGS, THE MUTUAL WAIVERS IN THIS EASEMENT
AGREEMENT.
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11
25.
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Counterparts. This
Easement Agreement may be executed in two or more counterparts, each of
which shall be deemed an original but all of which together shall
constitute one and the same
instrument.
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26.
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Entire
Agreement. This Easement Agreement, together with the
Exhibits hereto, represents the entire understanding and agreement between
the parties hereto with respect to the subject matter hereof and
supersedes any previous agreements or correspondence between the parties
with respect to the same. All Exhibits annexed hereto or
referred to herein are hereby incorporated in and made a part of this
Easement Agreement as if set forth in full herein. This
Easement Agreement may not be amended, modified, supplemented or altered
except through a written agreement signed by the parties. The
parties hereto may replace the Exhibits annexed hereto from time to time
as needed to truly and correctly reflect the property affected hereby and
the correct placement, nature and extent of the
Improvements. Either party may require the parties to execute
and deliver a written supplement to the memorandum hereof to be filed of
record in the property records of Xxxxx County, Oklahoma, to truly and
correctly reflect the property affected hereby from time to
time.
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12
In Witness Whereof, the parties have
executed this Mutual Easement Agreement as of the date first above
written.
SEMCRUDE, L.P.
By: SemOperating G.P.
L.L.C.,
its
general partner
By:_/s/ Xxxxxxxx
Xxxxx ____
Name: Xxxxxxxx
Xxxxx
Title: President &
CEO
SEMGROUP ENERGY PARTNERS,
L.L.C.
By:_/s/ Xxxx X.
Xxxxxxxxx
Name: Xxxx X.
Xxxxxxxxx
Title: Chief
Financial Officer and Secretary
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SEMGROUP
CRUDE STORAGE, L.L.C.
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By:_/s/ Xxxx X.
Xxxxxxxxx
Name: Xxxx X.
Xxxxxxxxx
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Title:
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Chief
Financial Officer and Secretary
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To
be attached:
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Exhibits
A through E-2
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EXHIBIT
“A”
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(see
attached)
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EXHIBIT
“B”
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(see
attached)
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EXHIBIT
“C”
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(see
attached)
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EXHIBIT
“D”
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(see
attached)
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EXHIBIT
“E-1”
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(see
attached)
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EXHIBIT
“E-2”
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(see
attached)
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