CREDIT AGREEMENT Dated as of November 1, 2011 Among TRANSOCEAN INC., as Borrower, THE LENDERS PARTIES HERETO, JPMORGAN CHASE BANK, N.A., as Administrative Agent, CRÉDIT AGRICOLE CORPORATE AND INVESTMENT BANK and CITIBANK, N.A., as Co-Syndication...Credit Agreement • November 3rd, 2011 • Transocean Ltd. • Drilling oil & gas wells • New York
THIS CREDIT AGREEMENT (this “Agreement”), dated as of November 1, 2011, among TRANSOCEAN INC. (the “Borrower”), a Cayman Islands exempted company, the lenders from time to time parties hereto (each a “Lender” and collectively, the “Lenders”), JPMORGAN CHASE BANK, N.A., as administrative agent for the Lenders (in such capacity, the “Administrative Agent”), CRÉDIT AGRICOLE CORPORATE AND INVESTMENT BANK and CITIBANK, N.A., as co-syndication agents for the Lenders (in such capacities, the “Co-Syndication Agents”), and THE BANK OF TOKYO-MITSUBISHI UFJ, LTD and WELLS FARGO BANK, NATIONAL ASSOCIATION, as co-documentation agents for the Lenders (in such capacities, collectively the “Co-Documentation Agents”).
HOLDINGS GUARANTY AGREEMENTHoldings Guaranty Agreement • November 3rd, 2011 • Transocean Ltd. • Drilling oil & gas wells • New York
THIS HOLDINGS GUARANTY AGREEMENT (this “Guaranty”), dated as of November 1, 2011, made by TRANSOCEAN LTD., a Swiss corporation registered in Zug, Switzerland (the “Guarantor”) and the sole shareholder of Transocean Inc., a Cayman Islands company (the “Borrower”), in favor of (i) the banks and other financial institutions that are parties to the Credit Agreement (as hereinafter defined) and each assignee thereof becoming a “Lender” as provided therein (the “Lenders”), (ii) JPMorgan Chase Bank, N.A., in its capacity as administrative agent (the “Administrative Agent”) under the terms of the Credit Agreement, and (iii) the Issuing Banks (as such terms are defined in the Credit Agreement) under the terms of the Credit Agreement (the Lenders, the Administrative Agent and the Issuing Banks being collectively referred to herein as the “Guaranteed Parties”);
