COMMITMENT INCREASE AND JOINDER AGREEMENTCommitment Increase and Joinder Agreement • August 4th, 2009 • Patterson Uti Energy Inc • Drilling oil & gas wells • Texas
THIS COMMITMENT INCREASE AND JOINDER AGREEMENT (this “Agreement”) is dated as of June 19, 2009 (the “Increase Effective Date”) and is entered into by and among PATTERSON-UTI ENERGY, INC., a Delaware corporation (the “Borrower”), the undersigned Guarantors, REGIONS BANK, as the New Lender (hereinafter defined), BANK OF AMERICA, N.A., as an L/C Issuer and WELLS FARGO BANK, N.A., as Administrative Agent (in such capacity the “Administrative Agent”), Swing Line Lender, an L/C Issuer and a Lender.
