AMENDMENT TO NORTHWEST PRODUCTS PIPELINE SYSTEM ASSET SALE AND PURCHASE AGREEMENT
Exhibit 2.2
AMENDMENT
TO NORTHWEST PRODUCTS PIPELINE SYSTEM
This AMENDMENT (“Amendment”) is dated as of 28 March 2013 between CHEVRON PIPE LINE COMPANY, a Delaware corporation (“Seller”) and TESORO LOGISTICS NORTHWEST PIPELINE LLC, a Delaware liability company (“Buyer”).
RECITALS
A. | Seller and Buyer have previously entered into that certain Asset and Sale Purchase Agreement, dated as of December 6, 2012 (the “Agreement”) pursuant to which Seller agreed to sell, and Buyer agreed to purchase the Northwest Products Pipeline System (as defined in the Agreement). |
B. | Seller and Buyer desire to amend certain provisions of the Agreement as set out in this Amendment. |
C. | In consideration of the mutual promises set out in the Agreement, and other good and valuable consideration, the receipt and sufficiency of which is acknowledged, Seller and Buyer agree to be bound by the terms of this Amendment. |
AGREEMENT
1. | Section 4.1 of the Agreement is amended by deleting the reference to April 1, 2013 as the “Final Closing Date” and replacing such reference with June 1, 2013 as the Final Closing Date. |
2. | Except as set forth in this Amendment, the terms and provisions of the Agreement remain in full force and effect as originally written. |
The Parties have executed this Amendment in triplicate as evidenced by the following signatures of authorized representatives of the Parties: | ||||
SELLER: CHEVRON PIPE LINE COMPANY | BUYER: TESORO LOGISTICS NORTHWEST PIPELINE LLC | |||
Signature: | Signature: | |||
/s/ XXXXXXX X. XXXXX | /s/ XXXXXXX X. XXXXXXXX | |||
Name: | Xxxxxxx X. Xxxxx | Name: | Xxxxxxx X. Xxxxxxxx | |
Title: | President | Title: | President |
Amendment to Northwest Products Pipeline System Asset Sale and Purchase Agreement
Execution Version 1