MPLX LP
For the period ended Jun 30, 2024. Filed Aug 6, 2024.
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Jun 30, 2024 · Filed Aug 6, 2024
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Item 5. Other Information
On July 31, 2024, MPLX and MPC Investment LLC entered into a Second Amendment to the MPC Loan Agreement, which extended the maturity date of the MPC Loan Agreement from July 31, 2024 to July 31, 2029.
Except as provided above, the terms of the MPC Loan Agreement remain materially unchanged. The foregoing description of the Second Amendment is not complete and is qualified in its entirety by reference to the full text of the Second Amendment, which is filed herewith as Exhibit 10.2 to this Quarterly Report on Form 10-Q and incorporated by reference herein.
MPC Investment LLC is a wholly owned subsidiary of MPC and the sole member of our general partner. In addition to controlling our general partner, MPC owned approximately 63 percent of the outstanding MPLX common units as of June 30, 2024.
During the quarter ended June 30, 2024, no director or officer (as defined in Rule 16a-1(f) promulgated under the Exchange Act) of MPLX adopted orterminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement” (as each term is defined in Item 408 of Regulation S-K).
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