December 2, 2011
Exhibit 10.7.1
December 2, 2011
RE: Sale of Texon Crude Oil Business
Ladies and Gentlemen:
Texon L.P. ("Texon") or one of its subsidiaries, Texon Operating, L.L.C ("Operating") or Texon Rockies LLC ("Rockies") and your company are parties to one or more contracts that relates to its crude oil business. Please be advised that effective August 1, 2011, Texon assigned all of its rights, title and interest in its crude oil business, including the contractual agreement(s) with your company, to Texon Crude Oil LLC ("TCO"), a subsidiary of Texon. In addition, Xxxxx assigned all of its rights, title and interest in Operating and Rockies to TCO. Immediately following these assignments, TCO and its subsidiaries, Operating and Rockies, was acquired by Sunoco Partners Marketing and Terminals L.P. ("SPMT") by way of an acquisition thereby resulting in TCO and its subsidiaries becoming a wholly owned subsidiary of SPMT effective August 1, 2011.
This letter is provided by Xxxxx and SPMT so as to ensure that the transaction discussed above moves forward in a seamless manner for all parties involved.
Pursuant to the above, all crude oil transactions for which product or service were delivered on or after August 1, 2011 whether for TCO, Operating, or Rockies, ("TCO Transactions") are now under the control of TCO, and as such, any payments due or owed, if any, for such TCO Transactions shall be made as follows:
Texon Crude Oil LLC
Attn: XxxxxxxxXxxxxxxxxx@Xxxxxxxxx.xxx
Phone: 000-000-0000
Fax: 0 000 000 0000
Wiring Instructions: Texon Crude Oil LLC, or Texon Operating LLC
Acct. # 406308325
ABA 000000000
X.X. Xxxxxx Xxxxx Bank N.A.
0 Xxxxx Xxxxxxxxx Xxxxx
New York, NY 10081
In addition, your previous Texon commercial supply or marketing representatives have become part of the TCO team. You may continue to reach them at their contact address and/or phone number.
Lastly, should you have general business questions, including questions related to the assignment and sale of the crude oil business, please direct such questions to the following:
Texon Crude Oil LLC
Attn: Xxxx Xxxxxxxx
Phone: 000 000 0000
Fax: (000) 000-0000
P.O. Box 5090
Sugar Land, TX 77487-5090
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We greatly appreciate your patience and understanding during this transition and please feel free to contact us with any questions or concerns.
Very truly yours,
Texon Distributing L.P. | Texon Crude Oil LLC | |
X | X | |
Xxxxxx X. Xxxxxxxx
General Counsel
|
Xxxx X. Xxxxxxxx
Manager of Administration
|
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