GUARANTY AGREEMENTGuaranty Agreement • February 26th, 2009 • Weatherford International Ltd./Switzerland • New York
Contract Type FiledFebruary 26th, 2009 Company JurisdictionTHIS GUARANTY AGREEMENT (this “Guaranty”), dated as of February 26, 2009, is made by WEATHERFORD INTERNATIONAL LTD., a Swiss joint stock corporation (“WIL-Switzerland”) and, after the Share Exchange (as such term is defined in the Amendment (as hereinafter defined)), the sole shareholder of Weatherford International, Ltd., a Bermuda exempted company (“WIL”), in favor of (i) the banks and other financial institutions that are parties to the Credit Agreement (as hereinafter defined) and each assignee thereof becoming a “Lender” as provided therein (collectively, the “Lenders”), and (ii) UBS AG, Stamford Branch, in its capacity as administrative agent (the “Administrative Agent”) under the terms of the Credit Agreement, and (iii) UBS AG, Stamford Branch, in its capacity as issuer of letters of credit (the “Issuing Bank”) under the terms of the Credit Agreement.
GUARANTY AGREEMENTGuaranty Agreement • February 26th, 2009 • Weatherford International Ltd./Switzerland • New York
Contract Type FiledFebruary 26th, 2009 Company JurisdictionTHIS GUARANTY AGREEMENT (this “Guaranty”), dated as of February 26, 2009, is made by WEATHERFORD INTERNATIONAL LTD., a Swiss joint stock corporation (“WIL-Switzerland”) and, after the Share Exchange (as such term is defined in the Amendment (as hereinafter defined)), the sole shareholder of Weatherford International, Ltd., a Bermuda exempted company (“WIL”), in favor of (i) the banks and other financial institutions that are parties to the Credit Agreement (as hereinafter defined) and each assignee thereof becoming a “Lender” as provided therein (collectively, the “Lenders”), (ii) JPMorgan Chase Bank, N.A., in its capacity as administrative agent (the “Administrative Agent”) under the terms of the Credit Agreement, and (iii) JPMorgan Chase Bank, N.A., in its capacity as issuer of letters of credit (the “Issuing Bank”) under the terms of the Credit Agreement;
GUARANTY AGREEMENTGuaranty Agreement • February 26th, 2009 • Weatherford International Ltd./Switzerland • New York
Contract Type FiledFebruary 26th, 2009 Company JurisdictionTHIS GUARANTY AGREEMENT (this “Guaranty”), dated as of February 26, 2009, is made by WEATHERFORD INTERNATIONAL LTD., a Swiss joint stock corporation (“WIL-Switzerland”) and, after the Share Exchange (as such term is defined in the Amendment (as hereinafter defined)), the sole shareholder of Weatherford International, Ltd., a Bermuda exempted company (“WIL” or the “Borrower”), in favor of (i) the banks and other financial institutions that are parties to the Credit Agreement (as hereinafter defined) and each assignee thereof becoming a “Lender” as provided therein (collectively, the “Lenders”), (ii) Deutsche Bank AG Cayman Islands Branch, in its capacity as administrative agent (the “Administrative Agent”) under the terms of the Credit Agreement, and (iii) Deutsche Bank AG Cayman Islands Branch, in its capacity as issuer of letters of credit (the “Issuing Bank”) under the terms of the Credit Agreement;