CREDIT AGREEMENT dated as of May 12, 2016, among NEWPARK RESOURCES, INC., NEWPARK DRILLING FLUIDS LLC, NEWPARK MATS & INTEGRATED SERVICES LLC, EXCALIBAR MINERALS LLC, and DURA-BASE NEVADA, INC.,Credit Agreement • May 13th, 2016 • Newpark Resources Inc • Oil & gas field machinery & equipment • New York
This CREDIT AGREEMENT (“Agreement”) is entered into as of May 12, 2016 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”), each lender from time to time party hereto (collectively, the “Lenders” and individually, a “Lender”), and BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender and an L/C Issuer.
