Contract364-Day Revolving Credit Forbearance Agreement • July 2nd, 2019 • Weatherford International PLC • Oil & gas field machinery & equipment • New York
This 364-DAY REVOLVING CREDIT FORBEARANCE AGREEMENT (as may be amended, supplemented or otherwise modified, this “Agreement”), dated as of July 1, 2019, is by and among WEATHERFORD INTERNATIONAL LTD., a Bermuda exempted company (“WIL-Bermuda”), WEATHERFORD INTERNATIONAL PLC, an Irish public limited company (“WIL-Ireland”), the other subsidiaries of WIL-Ireland party hereto (collectively with WIL-Bermuda, the “Borrowers” and the Borrowers collectively with WIL-Ireland, the “Obligors”), the Lenders (as defined below) party hereto and JPMORGAN CHASE BANK, N.A., as administrative agent for the Lenders (in such capacity, the “Administrative Agent”), and MORGAN STANLEY SENIOR FUNDING, INC., as collateral agent for the Lenders (in such capacity, the “Collateral Agent”).
