0000950123-11-055026 Sample Contracts

PAA NATURAL GAS STORAGE, L.P., PNG FINANCE CORP. and U.S. BANK NATIONAL ASSOCIATION as Trustee SUBORDINATED INDENTURE Dated as of DEBT SECURITIES (UNLIMITED)
Subordinated Indenture • May 27th, 2011 • PNG Finance Corp. • Natural gas transmission • Texas

THIS SUBORDINATED INDENTURE dated as of _________ (this “Indenture”), is among PAA NATURAL GAS STORAGE, L.P., a Delaware limited partnership (the “Partnership”), PNG FINANCE CORP., a Delaware corporation (“PNG Finance” and, together with the Partnership, the “Issuers”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association (the “Trustee”).