LETTER OF CREDIT AND TERM LOAN AGREEMENT Dated as of November 6, 2006 among CHICAGO BRIDGE & IRON COMPANY N.V., and CHICAGO BRIDGE & IRON COMPANY (DELAWARE), CBI SERVICES, INC., CB&I CONSTRUCTORS, INC., and CB&I TYLER COMPANY, as Co-Obligors BANK OF...Letter of Credit and Term Loan Agreement • November 9th, 2006 • Chicago Bridge & Iron Co N V • Construction - special trade contractors • New York
This LETTER OF CREDIT AND TERM LOAN AGREEMENT (“Agreement”) is entered into as of November 6, 2006, among CHICAGO BRIDGE & IRON COMPANY N.V., a corporation organized under the laws of The Kingdom of the Netherlands (the “Company”), on behalf of itself and as Co-Obligors’ Agent, and CHICAGO BRIDGE & IRON COMPANY (DELAWARE), a Delaware corporation, CBI SERVICES, INC., a Delaware corporation, CB&I CONSTRUCTORS, INC., a Texas corporation, and CB&I TYLER COMPANY, a Delaware corporation (each of the foregoing being a Wholly-Owned Subsidiary of the Company and hereinafter referred to individually as a “Co-Obligor” and collectively the “Co-Obligors”), BANK OF AMERICA, N.A., and JPMORGAN CHASE BANK, N.A., as issuers of letters of credit (each an “L/C Issuer” and collectively, the “L/C Issuers”), the financial institutions having a Credit-Linked Deposit set forth opposite their names on Schedule 2.01 hereto under the heading “Credit-Linked Deposit” (collectively, the “Lenders” and individually,
SECOND AMENDED AND RESTATED CREDIT AGREEMENT Dated as of October 13, 2006 among CHICAGO BRIDGE & IRON COMPANY N.V., the SUBSIDIARY BORROWERS, THE INSTITUTIONS FROM TIME TO TIME PARTIES HERETO AS LENDERS and JPMORGAN CHASE BANK, NATIONAL ASSOCIATION,...Credit Agreement • November 9th, 2006 • Chicago Bridge & Iron Co N V • Construction - special trade contractors
This Second Amended and Restated Credit Agreement dated as of October 13, 2006 is entered into among Chicago Bridge & Iron Company N.V., a corporation organized under the laws of The Kingdom of the Netherlands (the “Company”), and one or more Subsidiaries of the Company (whether now existing or hereafter formed collectively referred to herein as the “Subsidiary Borrowers”), the institutions from time to time parties hereto as Lenders, whether by execution of this Agreement or an Assignment Agreement pursuant to Section 14.3, and JPMorgan Chase Bank, National Association, in its capacity as contractual representative (the “Administrative Agent”) for itself and the other Lenders to amend and restate the Existing Credit Agreement and, from and after the Closing Date, the Existing Credit Agreement is hereby amended and restated in their entirety to read as set forth herein. The parties hereto agree as follows:
