Re: Letter Of Agreement Clarifying Rights & Obligations of the Parties Under the Mont Belvieu Storage Partners, L.P., Partnership Agreement and the Mont Belvieu Venture, LLC, LLC AgreementLetter of Agreement • October 29th, 2003 • Teppco Partners Lp • Wholesale-petroleum bulk stations & terminals
This Letter Agreement, upon its acceptance, as hereinafter provided, sets forth the understanding and agreement between TE Products Pipeline Company, Limited Partnership (“TEPPCO”), Mont Belvieu Venture, LLC (“MB Venture”), Mont Belvieu Storage Partners, L.P. (MB Partners”) and Louis Dreyfus Energy Services L.P. (“ Louis Dreyfus”) (jointly the “Parties”) regarding the clarification of the effective date of (i) the Limited Liability Company Agreement of Mont Belvieu Venture, LLC (the “LLC Agreement”) and (ii) the Agreement of Limited Partnership of Mont Belvieu Storage Partners, L.P (the “Partnership Agreement”).
AGREEMENT OF LIMITED PARTNERSHIP OF MONT BELVIEU STORAGE PARTNERS, L.P. DATED EFFECTIVE JANUARY 21, 2003Limited Partnership Agreement • October 29th, 2003 • Teppco Partners Lp • Wholesale-petroleum bulk stations & terminals • Delaware
THIS AGREEMENT, effective as of the 21st day of January, 2003, by and among Mont Belvieu Venture, LLC, a Delaware limited liability company, as the General Partner, and TE Products Pipeline Company, Limited Partnership, a Delaware limited partnership, and Louis Dreyfus Energy Services L.P., a Delaware limited partnership, as the Limited Partners.
