67,500,000 MEMBER LOAN AGREEMENTMember Loan Agreement • August 1st, 2017
WHEREAS, ARCO and Enbridge Holdings (Olympic) L.L.C. (“Enbridge”) advanced the original principal sum of $60 million to the Borrower pursuant to the following agreements: (i) the Shareholder Loan Agreement dated May 1, 2006 (the “2006 Agreement”); (ii) the Amended and Restated Shareholders Loan Agreement dated as of August 4, 2010 (the “First Restated Agreement”); the Second Amended and Restated Shareholders Agreement dated as of December 29, 2010 (the “Second Restated Agreement”); and (iv) the First Amendment to the Second Amended and Restated Shareholders Agreement dated as of December 15, 2015 and effective as of December 30, 2015 (the “2015 Amendment” and collectively with the Second Restated Agreement the “Shareholders Agreement”); and