Commitment Increase Agreement and Amendment to Credit Agreement Sample Contracts

COMMITMENT INCREASE AGREEMENT AND AMENDMENT NO. 3 TO CREDIT AGREEMENT

Commitment Increase Agreement and Amendment to Credit Agreement • December 5th, 2012 • Rowan Companies PLC • Drilling oil & gas wells • New York

• Contract Type
  Commitment Increase Agreement and Amendment to Credit Agreement
• Filed
  December 5th, 2012
• Company
  Rowan Companies PLC
• Industry
  Drilling oil & gas wells
• Jurisdiction
  New York

This COMMITMENT INCREASE AGREEMENT AND AMENDMENT NO. 3 TO CREDIT AGREEMENT (this “Amendment”), dated effective as of December 4, 2012 (the “Effective Date”), is by and among Rowan Companies, Inc., a Delaware corporation (“Rowan Delaware”), Rowan Companies plc, an English public limited company (the “Parent”, and together with Rowan Delaware, each a “Borrower” and collectively, the “Borrowers”), the Lenders party hereto, and Wells Fargo Bank, National Association, as an issuing lender, as swing line lender, and as administrative agent for the Lenders (in such capacity, the “Administrative Agent”).