SECOND AMENDMENT AND LIMITED WAIVER TO SECOND LIEN TERM LOAN CREDIT AGREEMENTSecond Lien Term Loan Credit Agreement • October 31st, 2024 • Nabors Industries LTD • Drilling oil & gas wells
This SECOND AMENDMENT AND LIMITED WAIVER TO SECOND LIEN TERM LOAN CREDIT AGREEMENT (this “Second Amendment”), is made and entered into as of January 12, 2023, by and among PARKER DRILLING COMPANY, a Delaware corporation (the “Borrower”), certain Subsidiaries of the Borrower that are designated as a “Guarantor” on the signature pages hereto (collectively, the “Guarantors”), the financial institutions party to this Amendment (collectively, “Consenting Lenders”), and UMB BANK, N.A., a national banking association, as administrative agent for the Lenders (in such capacity, “Administrative Agent”).
FIRST AMENDMENT AND WAIVER TO SECOND LIEN TERM LOAN CREDIT AGREEMENTSecond Lien Term Loan Credit Agreement • October 31st, 2024 • Nabors Industries LTD • Drilling oil & gas wells
This FIRST AMENDMENT TO SECOND LIEN TERM LOAN CREDIT AGREEMENT (this “Amendment”), is made and entered into as of March 26, 2021, by and among PARKER DRILLING COMPANY, a Delaware corporation (the “Borrower”), certain Subsidiaries of the Borrower that are designated as a “Guarantor” on the signature pages hereto (collectively, the “Guarantors”), the financial institutions party to this Amendment (collectively, “Amending Lenders”), and UMB BANK, N.A., a national banking association, as administrative agent for the Lenders (in such capacity, “Administrative Agent”).
FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENTCredit Agreement • October 31st, 2024 • Nabors Industries LTD • Drilling oil & gas wells
Any increase or decrease in the Applicable Rate for any Applicable Quarter resulting from a change in the average daily Availability for the applicable Reference Quarter shall become effective as of the first day of the first calendar month in the Applicable Quarter. If the Administrative Agent is unable to calculate average daily Availability for any Reference Quarter due to Borrowers’ failure to deliver any Borrowing Base Certificate when required pursuant to Section 6.1(d), then, at the option of the Administrative Agent or the Required Lenders, Pricing Level III shall apply during the Applicable Quarter until the date of delivery of such Borrowing Base Certificate.
AMENDED AND RESTATED CREDIT AGREEMENT Dated as of October 8, 2019 among PARKER DRILLING COMPANY, as the Parent Borrower, certain Subsidiaries of the Parent Borrower, as Borrowers, BANK OF AMERICA, N.A., as Administrative Agent and an L/C Issuer, and...Credit Agreement • October 31st, 2024 • Nabors Industries LTD • Drilling oil & gas wells • New York
This AMENDED AND RESTATED CREDIT AGREEMENT (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, this “Agreement”) is entered into as of October 8, 2019, among PARKER DRILLING COMPANY, a Delaware corporation (the “Parent Borrower”), certain Subsidiaries of the Parent Borrower party hereto from time to time pursuant to Section 2.14 (each as “Designated Borrower” and together with the Parent Borrower, the “Borrowers”), each lender from time to time party hereto (collectively, the “Lenders” and, individually, a “Lender”) and BANK OF AMERICA, N.A., as the Administrative Agent and an L/C Issuer, and is acknowledged and agreed to by the Subsidiary Guarantors (as defined below).
SECOND LIEN TERM LOAN CREDIT AGREEMENT Dated as of March 26, 2019 among PARKER DRILLING COMPANY, as Borrower, UMB Bank, N.A., as Administrative Agent, and THE LENDERS from time to time party heretoSecond Lien Term Loan Credit Agreement • October 31st, 2024 • Nabors Industries LTD • Drilling oil & gas wells • New York
This SECOND LIEN TERM LOAN CREDIT AGREEMENT (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, this “Agreement”) is entered into as of March [26], 2019, among PARKER DRILLING COMPANY, a Delaware corporation (the “Borrower”), each lender from time to time party hereto (collectively, the “Lenders” and, individually, a “Lender”), and UMB Bank, N.A., as the Administrative Agent.
THIRD AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENTCredit Agreement • October 31st, 2024 • Nabors Industries LTD • Drilling oil & gas wells
Any increase or decrease in the Applicable Rate for any Applicable Quarter resulting from a change in the average daily Availability for the applicable Reference Quarter shall become effective as of the first day of the first calendar month in the Applicable Quarter. If the Administrative Agent is unable to calculate average daily Availability for any Reference Quarter due to Borrowers’ failure to deliver any Borrowing Base Certificate when required pursuant to Section 6.1(d), then, at the option of the Administrative Agent or the Required Lenders, Pricing Level III shall apply during the Applicable Quarter until the date of delivery of such Borrowing Base Certificate.
SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENTCredit Agreement • October 31st, 2024 • Nabors Industries LTD • Drilling oil & gas wells
This SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT (this “Amendment”), is made and entered into as of March 30, 2023, by and among PARKER DRILLING COMPANY, a Delaware corporation (the “Parent Borrower”), certain Subsidiaries of the Parent Borrower that are designated as a “Borrower” on the signature pages hereto (each a “Subsidiary Borrower” and together with the Parent Borrower, collectively, the “Borrowers”), certain Subsidiaries of the Parent Borrower that are designated as a “Guarantor” on the signature pages hereto (collectively, the “Guarantors”), the financial institutions party to this Amendment (collectively, “Lenders”), and BANK OF AMERICA, N.A., a national banking association (“Bank of America”), as administrative agent for the Lenders (in such capacity, “Administrative Agent”) and an L/C Issuer.
