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Exhibit 4.8
FULL RELEASE OF GUARANTEE
THIS FULL RELEASE OF GUARANTEE (this "Release") is dated as of
July 31, 2006, by Wachovia Bank, National Association (formerly
known as First Union National Bank), a national banking
association, as trustee under the Indenture referred to below (in
such capacity, the " Trustee ") in favor of Jonah Gas
Gathering Company, a Wyoming general partnership (" Jonah
Gas ").
RECITALS :
WHEREAS, TEPPCO Partners, L.P., a Delaware limited partnership
(the " Partnership "), Jonah Gas and the other subsidiary
Guarantors named therein have heretofore executed and delivered to
the Trustee an Indenture dated as of February 20, 2002 (as amended,
supplemented, or otherwise modified from time to time, the "
Indenture "), providing for the Partnership’s
issuance, from time to time, of its Debt Securities in one or more
series unlimited as to principal amount, and the guarantee by each
of the Subsidiary Guarantors of the Debt Securities issued pursuant
thereto; and
WHEREAS, Section 14.04 of the Indenture provides that the
Guarantee of a Subsidiary Guarantor shall be unconditionally
released and discharged, upon the release or discharge of all
guarantees by such Subsidiary Guarantor of any Debt of the
Partnership, other than obligations arising under the Indenture and
any Debt Securities issued thereunder, following de
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