EX-10.2 3 d387499dex102.htm EX-10.2 Execution Version COMMITMENT INCREASE AGREEMENTCommitment Increase Agreement • May 5th, 2020 • New York
Contract Type FiledMay 5th, 2020 JurisdictionThis COMMITMENT INCREASE AGREEMENT (“Agreement”) dated as of April 20, 2017 (“Effective Date”), is by and among Patterson-UTI Energy, Inc., a Delaware corporation (“Borrower”), the subsidiaries of the Borrower party hereto (together with the Borrower, the “Loan Parties”), the undersigned Lenders party hereto (the “Increasing Lenders”), and Wells Fargo Bank, N.A., as administrative agent (in such capacity, the “Administrative Agent”) for the Lenders, as the issuer of letters of credit under the Credit Agreement referred to below (in such capacity, an “L/C Issuer”), and as the swing line lender under the Credit Agreement referred to below (in such capacity, the “Swing Line Lender”).
COMMITMENT INCREASE AGREEMENTCommitment Increase Agreement • April 21st, 2017 • Patterson Uti Energy Inc • Drilling oil & gas wells • New York
Contract Type FiledApril 21st, 2017 Company Industry JurisdictionThis COMMITMENT INCREASE AGREEMENT (“Agreement”) dated as of April 20, 2017 (“Effective Date”), is by and among Patterson-UTI Energy, Inc., a Delaware corporation (“Borrower”), the subsidiaries of the Borrower party hereto (together with the Borrower, the “Loan Parties”), the undersigned Lenders party hereto (the “Increasing Lenders”), and Wells Fargo Bank, N.A., as administrative agent (in such capacity, the “Administrative Agent”) for the Lenders, as the issuer of letters of credit under the Credit Agreement referred to below (in such capacity, an “L/C Issuer”), and as the swing line lender under the Credit Agreement referred to below (in such capacity, the “Swing Line Lender”).