LIMITED WAIVERLimited Waiver • January 22nd, 2019 • Newpark Resources Inc • Oil & gas field machinery & equipment • New York
This Limited Waiver (this “Limited Waiver”) is entered into effective as of January 18, 2019 (the “Effective Date”), by and among NEWPARK RESOURCES, INC., a Delaware corporation (“Newpark”), NEWPARK DRILLING FLUIDS LLC, a Texas limited liability company (“Newpark Drilling”), NEWPARK MATS & INTEGRATED SERVICES LLC, a Texas limited liability company (“Newpark Mats”), EXCALIBAR MINERALS LLC, a Texas limited liability company (“Excalibar”), and DURA-BASE NEVADA, INC., a Nevada corporation (“Dura-Base” and collectively with Newpark Drilling, Newpark Mats, Excalibar, and Newpark, the “Borrowers” and each a “Borrower”), Bank of America, N.A., as Administrative Agent (in such capacity, “Administrative Agent”), Swing Line Lender and an L/C Issuer, and the financial institutions parties hereto as Lenders (“Lenders”). Unless otherwise defined herein, all terms used herein with their initial letter capitalized shall have the meaning given such terms in the Credit Agreement (as defined below).
