Credit Agreement and Successor Agency Agreement Sample Contracts

AMENDMENT NO. 3 AND CONSENT TO AMENDED AND RESTATED CREDIT AGREEMENT AND SUCCESSOR AGENCY AGREEMENT

Credit Agreement and Successor Agency Agreement • May 23rd, 2018 • Rowan Companies PLC • Drilling oil & gas wells • New York

• Contract Type
  Credit Agreement and Successor Agency Agreement
• Filed
  May 23rd, 2018
• Company
  Rowan Companies PLC
• Industry
  Drilling oil & gas wells
• Jurisdiction
  New York

This AMENDMENT NO. 3 AND CONSENT TO AMENDED AND RESTATED CREDIT AGREEMENT AND SUCCESSOR AGENCY AGREEMENT (“Amendment”), dated effective as of May 22, 2018 (the “Effective Date”), is by and among Rowan Companies, Inc., a Delaware corporation (the “Borrower”), Rowan Companies plc, an English public limited company (the “Parent”), the other Guarantors, the Lenders party hereto, Wells Fargo Bank, National Association (“Wells Fargo”), as an issuing lender, as swingline lender, and as administrative agent for the Lenders (in such capacity, the “Administrative Agent”), and Wilmington Trust, National Association, as Successor Administrative Agent (as defined below).