AMENDMENT NO. 1 TO COMMITMENT TO GUARANTEE OBLIGATIONSRowan Companies Inc • November 24th, 2009 • Drilling oil & gas wells
THIS AMENDMENT NO. 1, dated as of November 24, 2009 (the "Amendment"), to that certain Commitment to Guarantee Obligations, dated as of May 23, 2001 (the "Commitment"), is by and between the United States of America, represented by the Secretary of Transportation, acting by and through the Maritime Administration (the "Secretary” or “Administrator”), and ROWAN COMPANIES, INC. (the "Shipowner", and together with the Secretary, the "Parties").
SUPPLEMENT NO. 2 TO TRUST INDENTURETrust Indenture • November 24th, 2009 • Rowan Companies Inc • Drilling oil & gas wells
THIS SUPPLEMENT NO. 2, dated November 24, 2009 (“Supplement No. 2”), to that certain Trust Indenture dated May 23, 2001 (the “Indenture”), as supplemented by Supplement No. 1 dated June 22, 2007 (“Supplement No. 1”) is by and between ROWAN COMPANIES, INC., a Delaware corporation (the “Shipowner”), and MANUFACTURERS AND TRADERS TRUST COMPANY, a New York banking corporation (successor-in-interest to ALLFIRST TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association), as indenture trustee (the “Indenture Trustee” and, together with the Shipowner, the “Parties”).
