CREDIT AGREEMENT dated as of February 29, 2008 AMONG MIDCONTINENT EXPRESS PIPELINE LLC, as the Company, THE LENDERS PARTY HERETO, THE ROYAL BANK OF SCOTLAND plc, as the Administrative Agent, THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., and DEUTSCHE BANK...Credit Agreement • March 4th, 2008 • Energy Transfer Partners, L.P. • Natural gas transmission • New York
The Company has requested that a credit facility be extended to it pursuant to which the Company may borrow from the Lenders and obtain the issuance of Letters of Credit from the Issuing Banks (a) to construct a natural gas pipeline, (b) to pay related expenses and (c) for other limited liability company purposes.
GUARANTY AGREEMENT dated as of February 29, 2008 Between ENERGY TRANSFER PARTNERS, L.P., as the Guarantor and THE ROYAL BANK OF SCOTLAND plc, as the Administrative AgentGuaranty Agreement • March 4th, 2008 • Energy Transfer Partners, L.P. • Natural gas transmission • New York
Reference is made to the Credit Agreement dated as of the date hereof (the “Credit Agreement”), among Midcontinent Express Pipeline LLC, a Delaware limited liability company (“MEP”), the lenders party thereto (together which each other person who becomes a lender thereunder, collectively, the “Lenders”), The Royal Bank of Scotland plc, as Administrative Agent, and the other agents named therein. It is a condition precedent to the effectiveness of the Credit Agreement that the Guarantor shall have executed and delivered this Agreement.
