AGREEMENT OF LIMITED PARTNERSHIP
VAL VERDE GAS GATHERING COMPANY, L.P.
This Agreement of Limited Partnership (this “Agreement”) of Val Verde Gas Gathering Company, L.P. (the “Partnership”),
dated as of May 29, 2002 (the “Effective Date”) is entered into by and among TEPPCO NGL Pipelines, LLC, a Delaware limited
liability company, as general partner, and TEPPCO Midstream Companies, L.P. (“TEPPCO Midstream”), as the sole limited
The following definitions shall for all purposes, unless otherwise clearly indicated to the contrary, apply to the terms used in
“Certificate of Limited Partnership” means the Certificate of Limited Partnership filed with the Secretary of State of the
State of Delaware as described in the first sentence of Section 2.5, as amended and restated from time to time.
“Delaware Act” means the Delaware Revised Uniform Limited Partnership Act, as amended from time to time, and any
successor to such act.
“General Partner” means TEPPCO NGL Pipelines, LLC, a Delaware limited liability company, in its capacity as the general
partner of the Partnership, and any successor to TEPPCO NGL Pipelines, LLC, as general partner.
“Limited Partner” means TEPPCO Midstream or any assignee or successor of TEPPCO Midstream.
“Partner” means the General Partner or any Limited Partner and “Partners” means the General Partner and the Limited
“Partnership” means Val Verde Gas Gathering Company, L.P., a Delaware limited partnership.
“Percentage Interest” means, 99.999% with respect to the Limited Partner, and 0.001% with respect to the General Partner.
Section 2.1 Formation . Subject to the provisions of this Agreement, the General Partner and the Limited Partner have
formed the Partnership as a limited partnership pursuant to the provisions of the Delaware Act. The General Partner and the
Limited Partner he