REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • November 12th, 2013 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals • New York
THIS REGISTRATION RIGHTS AGREEMENT (this “Agreement”) is made and entered into as of November 12, 2013, by and between Arc Logistics Partners LP, a Delaware limited partnership (the “Partnership”) and Lightfoot Capital Partners, LP, a Delaware limited partnership (“Sponsor”).
FIRST AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF ARC LOGISTICS PARTNERS LPAgreement • November 12th, 2013 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals • Delaware
THIS FIRST AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF ARC LOGISTICS PARTNERS LP dated as of November 12, 2013, is entered into by and between Arc Logistics GP LLC, a Delaware limited liability company, as the General Partner, and Lightfoot Capital Partners, LP, a Delaware limited partnership, as the Organizational Limited Partner, together with any other Persons who become Partners in the Partnership or parties hereto as provided herein. In consideration of the covenants, conditions and agreements contained herein, the parties hereto hereby agree as follows:
REGISTRATION RIGHTS AGREEMENT BY AND AMONG ARC LOGISTICS PARTNERS LP AND THE INITIAL HOLDERSRegistration Rights Agreement • July 15th, 2015 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals • New York
This REGISTRATION RIGHTS AGREEMENT, dated as of July 14th, 2015 (the “Agreement”), by and among Arc Logistics Partners LP, a Delaware limited partnership (the “Partnership”), United Energy Trading, LLC, a North Dakota limited liability company (“UET”), and Hawkeye Midstream, LLC, a Colorado limited liability company (“Hawkeye” and together with UET, the “Initial Holders”).
SECOND AMENDMENT TO SECOND AMENDED AND RESTATED REVOLVING CREDIT AGREEMENTRevolving Credit Agreement • April 14th, 2015 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals • New York
THIS SECOND AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT (this “Agreement”) is made and entered into as of November 12, 2013, by and among ARC LOGISTICS PARTNERS LP, a Delaware limited partnership (the “MLP”), ARC LOGISTICS LLC, a Delaware limited liability company (the “Parent”), ARC TERMINALS HOLDINGS LLC, a Delaware limited liability company (the “Borrower”), the several banks and other financial institutions and lenders from time to time party hereto (the “Lenders”) and SUNTRUST BANK, in its capacity as administrative agent for the Lenders (the “Administrative Agent”), as issuing bank (the “Issuing Bank”) and as swingline lender (the “Swingline Lender”).
PHANTOM UNIT AGREEMENTPhantom Unit Agreement • May 5th, 2017 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals • Delaware
This Phantom Unit Agreement, dated [ ] (this “Agreement”), is made and entered into by and between Arc Logistics GP LLC, a Delaware limited liability company (the “General Partner”), and [] (the “Awardee”), and relates to Phantom Units awarded to the Awardee on [] (the “Date of Grant”). Capitalized terms used in this Agreement but not otherwise defined herein shall have the meanings ascribed to such terms in the Plan (as defined below), unless the context requires otherwise.
Arc Logistics Partners LP 6,000,000 Common Units Representing Limited Partner Interests Underwriting AgreementArc Logistics Partners LP • November 12th, 2013 • Wholesale-petroleum bulk stations & terminals • New York
FORM OF REGISTRATION RIGHTS AGREEMENTForm of Registration Rights Agreement • October 28th, 2013 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals • New York
THIS REGISTRATION RIGHTS AGREEMENT (this “Agreement”) is made and entered into as of , 2013, by and between Arc Logistics Partners LP, a Delaware limited partnership (the “Partnership”) and Lightfoot Capital Partners, LP, a Delaware limited partnership (“Sponsor”).
ARC LOGISTICS GP LLC CHANGE OF CONTROL AGREEMENTChange of Control Agreement • August 5th, 2016 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals • Delaware
This Change of Control Agreement (the “Agreement”) is made and entered into as of May ___, 2016 (the “Effective Date”) by and between Arc Logistics GP LLC, a Delaware limited liability company (the “General Partner”), and [●] (the “Recipient”).
STORAGE AND THROUGHPUT AGREEMENT by and between Arc Terminals LP and G.P. & W., Inc., d/b/a Center Oil Company and d/b/a Center Marketing CompanyStorage and Throughput Agreement • October 21st, 2013 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals
This Storage and Throughput Agreement (“Agreement”), dated as of July 1, 2007, is entered into by and between Arc Terminals LP, a Delaware limited partnership (“Lightfoot”), and G.P. & W., Inc., a Missouri corporation doing business as Center Oil Company and doing business as Center Marketing Company (“Customer”) with respect to the following:
CONTRIBUTION AGREEMENT BY AND AMONG LIGHTFOOT CAPITAL PARTNERS, LP ARC LOGISTICS GP LLC ARC LOGISTICS PARTNERS LP CENTER TERMINAL COMPANY-CLEVELAND GULF COAST ASPHALT COMPANY, L.L.C. ARC TERMINALS GP LLC ARC TERMINALS LP ARC TERMINALS HOLDINGS LLC AND...Contribution Agreement • October 28th, 2013 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals • Delaware
This Contribution Agreement, dated as of October 25, 2013 (this “Agreement”), is entered into by and among Lightfoot Capital Partners, LP, a Delaware limited partnership (“LCP”), Arc Logistics GP LLC, a Delaware limited liability company (the “General Partner”), Arc Logistics Partners LP, a Delaware limited partnership (the “Partnership”), Center Terminal Company-Cleveland, a Missouri corporation (“Center Oil”), Gulf Coast Asphalt Company, L.L.C., an Alabama limited liability company (“GCAC”), Arc Terminals GP LLC, a Delaware limited liability company (“ Terminals GP”), Arc Terminals LP, a Delaware limited partnership (“Terminals LP”), Arc Terminals Holdings LLC, a Delaware limited liability company (“Arc Terminals Holdings”) and Arc Terminals Mississippi Holdings LLC, a Delaware limited liability company (“Arc Mississippi”). The above named entities are sometimes referred to herein as a “Party” and collectively as the “Parties.”
Executed VersionTerminal Services Agreement • November 6th, 2015 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals • Texas
SPECIFIC TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT FOR THOSE TERMS HAS BEEN GRANTED. THE REDACTED MATERIAL HAS BEEN SEPARATELY FILED WITH THE SECURITIES AND EXCHANGE COMMISSION, AND THE TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH FIVE ASTERISKS (*****).
SERVICES AGREEMENTServices Agreement • November 12th, 2013 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals • Delaware
This SERVICES AGREEMENT (the “Agreement”), dated as of November 12, 2013 (the “Effective Date”), is by and among Arc Logistics Partners LP, a Delaware limited partnership (“MLP”) Arc Logistics GP LLC, a Delaware limited liability company (“MLP GP”) and Lightfoot Capital Partners GP LLC, a Delaware limited liability company (“Sponsor”). Each of MLP, MLP GP and Sponsor is referred to individually in this Agreement as a “Party,” and all of the Parties are collectively referred to in this Agreement as the “Parties.”
PHANTOM UNIT AGREEMENTPhantom Unit Agreement • May 5th, 2017 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals • Delaware
This Phantom Unit Agreement, dated [ ] (this “Agreement”) is made and entered into by and between Arc Logistics GP LLC, a Delaware limited liability company (the “General Partner”), and [] (the “Awardee”), and relates to Phantom Units awarded to the Awardee on [] (the “Date of Grant”). Capitalized terms used in this Agreement but not otherwise defined herein shall have the meanings ascribed to such terms in the Plan (as defined below), unless the context requires otherwise.
JBBR PIPELINE LLC CRUDE OIL THROUGHPUT AND DEFICIENCY AGREEMENTThroughput and Deficiency Agreement • November 6th, 2015 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals • Texas
This Crude Oil Throughput and Deficiency Agreement (this “Agreement”), dated as of May 28, 2014 (the “Effective Date”), is made by and between JBBR Pipeline LLC, a Delaware limited liability company (“Transporter”), and ExxonMobil Oil Corporation, a New York corporation (“Customer”). Transporter and Customer are sometimes referred to individually as a “Party” and collectively as the “Parties.”
SIXTH AMENDMENT TO SECOND AMENDED AND RESTATED REVOLVING CREDIT AGREEMENTRevolving Credit Agreement • November 27th, 2017 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals • New York
THIS SIXTH AMENDMENT TO SECOND AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT (this “Amendment”) is made and entered into as of November 21, 2017 (the “Effective Date”) by and among ARC LOGISTICS PARTNERS LP, a Delaware limited partnership (the “MLP”), ARC LOGISTICS LLC, a Delaware limited liability company (the “Parent”), ARC TERMINALS HOLDINGS LLC, a Delaware limited liability company (the “Borrower”), certain other Affiliates of the Borrower party hereto and the Lenders party hereto.
SECOND AMENDMENT TO TERMINAL SERVICES AGREEMENTTerminal Services Agreement • August 5th, 2016 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals • Texas
This Second Amendment to Terminal Services Agreement, dated as of June 15, 2016 (the “Second Amendment”), is entered into by and between Joliet Bulk, Barge & Rail LLC, a Delaware limited liability company (“Operator”), and ExxonMobil Oil Corporation, a New York corporation (“Customer”). Operator and Customer are sometimes referred to herein as, individually, a “Party” and, collectively, the “Parties”.
GUARANTY OF LEASEGuaranty of Lease • January 24th, 2014 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals
In consideration of that certain Lease (the “Lease”) between LCP OREGON HOLDINGS, LLC, a Delaware limited liability company (“Lessor”), and ARC TERMINALS HOLDINGS LLC, a Delaware limited liability company (“Lessee”) dated January 21, 2014, and in consideration of other good and valuable consideration the receipt and sufficiency of which are hereby acknowledged, and to induce Lessor to enter into said Lease, the undersigned, ARC LOGISTICS PARTNERS LP, a Delaware limited partnership (“Guarantor”) hereby executed and delivers this Guaranty of Lease (this “Guaranty”) and hereby covenants and agrees as follows:
FIFTH AMENDMENT TO SECOND AMENDED AND RESTATED REVOLVING CREDIT AGREEMENTRevolving Credit Agreement • June 2nd, 2017 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals • New York
THIS FIFTH AMENDMENT TO SECOND AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT (this “Amendment”) is made and entered into as of May 26, 2017 (the “Effective Date”) by and among ARC LOGISTICS PARTNERS LP, a Delaware limited partnership (the “MLP”), ARC LOGISTICS LLC, a Delaware limited liability company (the “Parent”), ARC TERMINALS HOLDINGS LLC, a Delaware limited liability company (the “Borrower”), certain other Affiliates of the Borrower party hereto and the Lenders party hereto.
MEMBERSHIP INTERESTS PURCHASE AGREEMENTMembership Interests Purchase Agreement • January 14th, 2014 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals • New York
This Lease (as amended, restated, replaced, supplemented, or otherwise modified from time-to-time, this “Lease”) is dated as of , 2014 (the “Effective Date”), and is made by and between:
REGISTRATION RIGHTS AGREEMENT BY AND AMONG ARC LOGISTICS PARTNERS LP AND THE PURCHASERS NAMED ON SCHEDULE A HERETORegistration Rights Agreement • May 20th, 2015 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals • New York
This REGISTRATION RIGHTS AGREEMENT (this “Agreement”) is made and entered into as of May 14, 2015, by and among Arc Logistics Partners LP, a Delaware limited partnership (the “Partnership”), and each of the Persons set forth on Schedule A to this Agreement (each, a “Purchaser” and collectively, the “Purchasers”).
ARC LOGISTICS LONG TERM INCENTIVE PLAN PHANTOM UNIT AGREEMENTPhantom Unit Agreement • July 21st, 2014 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals • Delaware
This Phantom Unit Agreement (this “Agreement”) is made and entered into by and between Arc Logistics GP LLC, a Delaware limited liability company (the “General Partner”), and [ ] (the “Director”). This Agreement is effective as of the [ ] day of [ ], 20[ ] (the “Date of Grant”). Capitalized terms used in this Agreement but not otherwise defined herein shall have the meanings ascribed to such terms in the Plan (as defined below), unless the context requires otherwise.
ARC LOGISTICS PARTNERS LP February 19, 2015Arc Logistics Partners LP • February 20th, 2015 • Wholesale-petroleum bulk stations & terminals • New York
This letter agreement sets forth the commitment of Arc Logistics Partners LP (“Sponsor”), on the terms and subject to the conditions described below, to purchase, or cause the purchase of, the equity of Arc Terminals Joliet Holdings LLC, a Delaware limited liability company (“Buyer”) in connection with the transaction contemplated by that certain Membership Interest Purchase Agreement dated as of the date hereof (as amended, restated, supplemented or otherwise modified from time to time, the “Purchase Agreement”) and entered into concurrently herewith by and among Buyer and CenterPoint Properties Trust (“Seller”), pursuant to which Buyer has agreed, subject to and in accordance with the terms and conditions thereof, to purchase from Seller all of Seller’s right, title and interest in all of the issued and outstanding limited liability company interests of Joliet Bulk, Barge & Rail LLC, a Delaware limited liability company (the “Company”; and such acquisition, the “Transaction”). Each c
AMENDMENT TO TERMINAL SERVICES AGREEMENTTerminal Services Agreement • August 6th, 2015 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals • Texas
THIS AMENDMENT (this “Amendment”) is dated as of September 30, 2014 and made by and between Joliet Bulk, Barge & Rail LLC, a Delaware limited liability company (the “Operator”), and ExxonMobil Oil Corporation, a New York corporation (the “Customer”). Operator and Customer may be referred to herein individually as a “Party” and collectively as the “Parties.”
AIRCRAFT SERVICES CORPORATION February 19, 2015Aircraft Services • February 20th, 2015 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals • New York
This letter agreement sets forth the commitment of Aircraft Services Corporation (“Sponsor”), on the terms and subject to the conditions described below, to purchase, or cause the purchase of, the equity of Arc Terminals Joliet Holdings LLC, a Delaware limited liability company (“Buyer”) in connection with the transaction contemplated by that certain Membership Interest Purchase Agreement dated as of the date hereof (as amended, restated, supplemented or otherwise modified from time to time, the “Purchase Agreement”) and entered into concurrently herewith by and among Buyer and CenterPoint Properties Trust (“Seller”), pursuant to which Buyer has agreed, subject to and in accordance with the terms and conditions thereof, to purchase from Seller all of Seller’s right, title and interest in all of the issued and outstanding limited liability company interests of Joliet Bulk, Barge & Rail LLC, a Delaware limited liability company (the “Company”; and such acquisition, the “Transaction”). Ea
PARTIALLY CONDITIONAL PURCHASE AGREEMENT among LCP LNG HOLDINGS, LLC, LIGHTFOOT CAPITAL PARTNERS GP LLC, LIGHTFOOT CAPITAL PARTNERS, LP ZENITH ENERGY U.S., L.P. ZENITH ENERGY U.S. GP, LLC ZENITH ENERGY U.S. LOGISTICS HOLDINGS, LLC and (solely for the...Partially Conditional Purchase Agreement • August 29th, 2017 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals • Delaware
THIS PARTIALLY CONDITIONAL PURCHASE AGREEMENT (this “Agreement”), dated as of August 29, 2017, is by and among Zenith Energy U.S., L.P., a Delaware limited partnership (“Buyer Parent”), Zenith Energy U.S. GP, LLC, a Delaware limited liability company and the general partner of Buyer (“Buyer Parent GP”), Zenith Energy U.S. Logistics Holdings, LLC, a Delaware limited liability company (“Buyer” and, together with Buyer Parent and Buyer Parent GP, the “Buyer Parties”), LCP LNG Holdings, LLC, a Delaware limited liability company (“Seller”), Lightfoot Capital Partners, LP, a Delaware limited partnership (“LCP LP”), Lightfoot Capital Partners GP LLC, a Delaware limited liability company and the general partner of LCP LP (“LCP GP” and together with LCP LP, the “Lightfoot Entities”), and solely for the purposes of Section 1.1(d), Arc Logistics Partners LP (“Arc”). The Buyer Parties, Seller and the Lightfoot Entities are sometimes referred to in this Agreement individually as a “Party” and colle
FOURTH AMENDMENT TO SECOND AMENDED AND RESTATED REVOLVING CREDIT AGREEMENTRevolving Credit Agreement • August 5th, 2016 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals • New York
THIS FOURTH AMENDMENT TO SECOND AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT (this “Amendment”) is made and entered into as of June 29, 2016 (the “Effective Date”) by and among ARC LOGISTICS PARTNERS LP, a Delaware limited partnership (the “MLP”), ARC LOGISTICS LLC, a Delaware limited liability company (the “Parent”), ARC TERMINALS HOLDINGS LLC, a Delaware limited liability company (the “Borrower”), certain other Affiliates of the Borrower party hereto and the Lenders party hereto.
THIRD AMENDMENT TO SECOND AMENDED AND RESTATED REVOLVING CREDIT AGREEMENTRevolving Credit Agreement • July 15th, 2015 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals • New York
THIS THIRD AMENDMENT TO SECOND AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT (this “Amendment”) is made and entered into as of July 14, 2015 (the “Effective Date”) by and among ARC LOGISTICS PARTNERS LP, a Delaware limited partnership (the “MLP”), ARC LOGISTICS LLC, a Delaware limited liability company (the “Parent”), ARC TERMINALS HOLDINGS LLC, a Delaware limited liability company (the “Borrower”), certain other Affiliates of the Borrower party hereto and the Lenders party hereto.
MEMBERSHIP INTEREST PURCHASE AGREEMENT by and between CENTERPOINT PROPERTIES TRUST, as Seller and ARC TERMINALS JOLIET HOLDINGS LLC, as Buyer February 19, 2015Membership Interest Purchase Agreement • February 20th, 2015 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals • Delaware
This Membership Interest Purchase Agreement (the “Agreement”), dated as of February 19, 2015 (the “Execution Date”), is entered into by and between CENTERPOINT PROPERTIES TRUST, a Maryland real estate investment trust (“Seller”) and ARC TERMINALS JOLIET HOLDINGS LLC, a Delaware limited liability company (“Buyer”).
STORAGE AND THROUGHPUT AGREEMENT by and between Arc Terminals Holdings LLC (as successor by assignment to Arc Terminals LP) and AMENDMENT TO EXTEND SECOND RENEWAL TERM December 30, 2015Storage and Throughput Agreement • January 6th, 2016 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals
For and in consideration of the mutual benefits accruing and expected to accrue hereunder, the undersigned, being all the parties to the Storage and Throughput Agreement by and between Arc Terminals Holdings LLC (as successor by assignment to Arc Terminals LP) (“Arc”) and G.P. & W., Inc. d/b/a/ Center Oil Company and d/b/a Center Marketing Company (“Center” and together with Arc, the “Parties”) dated July 1, 2007 as the same has been amended, modified or supplemented to date (the “Throughput Agreement”), do hereby amend and modify the Throughput Agreement on the terms and conditions set forth below.
SECOND AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT OF ZENITH ENERGY LOGISTICS PARTNERS LP a Delaware limited partnershipLimited Partnership Agreement • December 26th, 2017 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals • Delaware
This SECOND AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP, effective as of December 21, 2017 (this “Agreement”), is adopted, executed and agreed to by the General Partner and the Limited Partners.
SECOND AMENDED AND LIMITED LIABILITY COMPANY AGREEMENT OF ZENITH ENERGY LOGISTICS GP LLC a Delaware Limited Liability CompanyLimited Liability Company Agreement • December 26th, 2017 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals • Delaware
This SECOND AMENDED AND LIMITED LIABILITY COMPANY AGREEMENT of ZENITH ENERGY LOGISTICS GP LLC (this “Agreement”), dated as of December 21, 2017, is adopted, executed and agreed to by the Sole Member (as defined below).
FIRST AMENDMENT TO SECOND AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT AND AMENDED AND RESTATED GUARANTY AND SECURITY AGREEMENTRevolving Credit Agreement • January 24th, 2014 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals • New York
THIS FIRST AMENDMENT TO SECOND AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT AND AMENDED AND RESTATED GUARANTY AND SECURITY AGREEMENT (this “Amendment”) is made and entered into as of January 21, 2014 (“Effective Date”) by and among ARC LOGISTICS PARTNERS LP, a Delaware limited partnership (the “MLP”), ARC LOGISTICS LLC, a Delaware limited liability company (the “Parent”), ARC TERMINALS HOLDINGS LLC, a Delaware limited liability company (the “Borrower”), certain Affiliates of the Borrower (the “Guarantors”) and the Lenders party hereto.
UNIT PURCHASE AGREEMENT BY AND AMONG ARC LOGISTICS PARTNERS LP AND THE PURCHASERS NAMED HEREINUnit Purchase Agreement • February 20th, 2015 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals • New York
UNIT PURCHASE AGREEMENT, dated as of February 19, 2015 (this “Agreement”), by and among ARC LOGISTICS PARTNERS LP, a Delaware limited partnership (“Arc Logistics” or the “Partnership”), and each of the Purchasers listed in Schedule 2.1 attached hereto (a “Purchaser” and, collectively, the “Purchasers”).
AMENDMENT TO TERMINAL SERVICES AGREEMENTTerminal Services Agreement • November 6th, 2015 • Arc Logistics Partners LP • Wholesale-petroleum bulk stations & terminals • Texas
THIS AMENDMENT (this “Amendment”) is dated as of September 30, 2014 and made by and between Joliet Bulk, Barge & Rail LLC, a Delaware limited liability company (the “Operator”), and ExxonMobil Oil Corporation, a New York corporation (the “Customer”). Operator and Customer may be referred to herein individually as a “Party” and collectively as the “Parties.”
Arc Logistics Partners http://arcxlp.comArc Logistics Partners LP • August 29th, 2017 • Wholesale-petroleum bulk stations & terminals
NEW YORK, August 29, 2017 (GLOBE NEWSWIRE) — Arc Logistics Partners LP (NYSE: ARCX) (“Arc Logistics” or the “Partnership”), Lightfoot Capital Partners GP LLC (“LCP GP”) and Lightfoot Capital Partners, LP (“LCP LP”, and together with LCP GP, “Lightfoot”) announced today that they have entered into a Purchase Agreement and Plan of Merger (the “Merger Agreement”) with Zenith Energy U.S., L.P. (together with its affiliates, “Zenith”), a portfolio company of Warburg Pincus, pursuant to which Zenith will acquire Arc Logistics GP LLC (“Arc GP”), the general partner of the Partnership (the “GP Transfer”), and all of the outstanding common units in Arc Logistics (the “Merger” and, together with the GP Transfer, the “Proposed Transaction”). Under the terms of the Merger Agreement, all Arc Logistics common unitholders, other than Lightfoot, will receive $16.50 per common unit in cash for each common unit they own, which represents a premium of approximately 15% to the Partnership’s common unit pr
