THIRD AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENTAtwood Oceanics Inc • November 12th, 2015 • Drilling oil & gas wells • New York
THIRD AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT (this “Third Amendment”), dated as of July 29, 2015, by and among ATWOOD OCEANICS, INC., a Texas corporation (the “Parent”), ATWOOD OFFSHORE WORLDWIDE LIMITED, an exempted company organized under the laws of the Cayman Islands and a Wholly-Owned Subsidiary of the Parent (the “Borrower”), the Lenders party hereto and NORDEA BANK AB, LONDON BRANCH, as Administrative Agent (in such capacity, the “Administrative Agent”). Unless otherwise indicated, all capitalized terms used herein and not otherwise defined shall have the respective meanings provided such terms in the Amended Credit Agreement (as defined below).
CONTINUING LETTER OF CREDIT AGREEMENT(UNCOMMITTED)Continuing Letter of Credit Agreement • November 12th, 2015 • Atwood Oceanics Inc • Drilling oil & gas wells • New York
In consideration of BNP PARIBAS (the “Bank”), in its sole and absolute discretion, issuing letters of credit (each a “Credit” and collectively the “Credits”) from time to time under this Continuing Letter of Credit Agreement (this “Agreement”) at the request, and for the account, of the undersigned ("Account Party”), and in consideration of the Bank’s issuing Credits on behalf of the Account Party’s subsidiaries (it being understood that though said subsidiary will be named as the account party on the Credit, it is not the account party for purposes of this Agreement), the Account Party hereby agrees with the Bank as follows:
