TC PipeLines, LP 6,300,000 Common Units Representing Limited Partner Interests UNDERWRITING AGREEMENTUnderwriting Agreement • April 29th, 2011 • Tc Pipelines Lp • Natural gas transmission • New York
TC PipeLines, LP, a Delaware limited partnership (the “Partnership”), proposes to sell to the several underwriters listed on Schedule 1 hereto (the “Underwriters”) 6,300,000 common units (the “Firm Units”) representing limited partner interests in the Partnership (the “Common Units”). In addition, the Partnership proposes to grant to the Underwriters an option to purchase up to an additional 945,000 Common Units, on the terms and for the purposes set forth in Section 2 hereof (the “Option Units”). The Firm Units and the Option Units, if purchased, are hereinafter collectively referred to herein as the “Units.” Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. Incorporated and UBS Securities LLC (the “Representatives”) shall act as the representatives of the several Underwriters.
