CUSHING AND SOUTH HOUSTON ASSET PURCHASE AGREEMENT BY AND BETWEEN BP PIPELINES (NORTH AMERICA) INC. AND MAGELLAN PIPELINE COMPANY, L.P. DATED JULY 12, 2010Purchase Agreement • August 3rd, 2010 • Magellan Midstream Partners Lp • Pipe lines (no natural gas) • Texas
This Asset Purchase Agreement (“Purchase Agreement”) is made and entered into effective as of this 12th day of July, 2010, by and between BP Pipelines (North America) Inc., a corporation organized under the laws of the State of Maine, having its principal office at 28100 Torch Parkway, Warrenville, IL 60555 (referred to herein as “Seller”) and Magellan Pipeline Company, L.P., a limited partnership organized under the laws of the state of Delaware, having its office at One Williams Center, Suite 2800, Tulsa, OK 74172 (referred to herein as “Buyer”). Each of Seller and Buyer is referred to herein individually as a “Party” and collectively as the “Parties.”
