May 2, 2011Letter Agreement • May 6th, 2011 • Paa Natural Gas Storage Lp • Natural gas transmission
This Letter Agreement is made by and among SGR Holdings, L.L.C., a Delaware limited liability company (“SGR”), Southern Pines Energy Investment Co., LLC, a Delaware limited liability company (“SPE” and, together with SGR, “Sellers”), PAA Natural Gas Storage, L.P., a Delaware limited partnership (“Buyer”), and SG Resources Mississippi, L.L.C., a Delaware limited liability company (“Company”), and Plains All American Pipeline, L.P., a Delaware limited partnership (“Plains”), all as signatories to that certain Purchase and Sale Agreement dated December 28, 2010 (the “PSA”). Sellers and Buyer are collectively referred to herein as the “Parties” and individually as a “Party”. Capitalized terms used herein but not otherwise defined herein shall have the meanings set forth in the PSA.
