TEPPCO PARTNERS, L.P., as Issuer TE PRODUCTS PIPELINE COMPANY, LIMITED PARTNERSHIP, TCTM, L.P., TEPPCO MIDSTREAM COMPANIES, L.P. AND VAL VERDE GAS GATHERING COMPANY, L.P., as Subsidiary Guarantors and THE BANK OF NEW YORK TRUST COMPANY, N.A., as...First Supplemental Indenture • May 18th, 2007 • TCTM L P • Asset-backed securities • New York
THIS FIRST SUPPLEMENTAL INDENTURE, dated as of May 18, 2007 (this “First Supplemental Indenture”), is among TEPPCO Partners, L.P., a Delaware limited partnership (the “Partnership”), TE Products Pipeline Company, Limited Partnership, a Delaware limited partnership (“TE Products”), TCTM, L.P., a Delaware limited partnership (“TCTM”), TEPPCO Midstream Companies, L.P., a Delaware limited partnership (“TEPPCO Midstream”), Val Verde Gas Gathering Company, L.P., a Delaware limited partnership (“Val Verde” and together with TE Products, TCTM and TEPPCO Midstream, the “Subsidiary Guarantors”), and The Bank of New York Trust Company, N.A., as trustee (the “Trustee”).
TEPPCO Partners, L.P. 7.00% Fixed/Floating Rate Junior Subordinated Notes due 2067 (“Notes”) guaranteed by TE Products Pipeline Company, Limited Partnership, TCTM, L.P., TEPPCO Midstream Companies, L.P., and Val Verde Gas Gathering Company, L.P....Underwriting Agreement • May 18th, 2007 • TCTM L P • Asset-backed securities • New York
RecitalsReplacement Capital Covenant • May 18th, 2007 • TCTM L P • Asset-backed securities
issuances thereof pursuant to such Alternative Payment Mechanism) equal to 25% of the liquidation or principal amount of the Qualifying Capital Securities that are the subject of the related Alternative Payment Mechanism (the “Preferred Cap”);
