AMENDMENT NO. 1 TO CREDIT AGREEMENTCredit Agreement • January 12th, 2015 • Patterson Uti Energy Inc • Drilling oil & gas wells • New York
This AMENDMENT NO. 1 TO CREDIT AGREEMENT (“Agreement”) dated as of January 9, 2015 (“Effective Date”) is by and among Patterson – UTI Energy, Inc., a Delaware corporation (“Borrower”), the subsidiaries of the Borrower party hereto (together with the Borrower, the “Loan Parties”), the Lenders (as defined below), and Wells Fargo Bank, N.A., as administrative agent (in such capacity, the “Administrative Agent”) for the Lenders, as the issuer of letters of credit under the Credit Agreement referred to below (in such capacity, the “L/C Issuer”), and as the swing line lender under the Credit Agreement referred to below (in such capacity, the “Swing Line Lender”).
