FIFTH AMENDMENT TO CREDIT AGREEMENTCredit Agreement • August 1st, 2022 • Transocean Ltd. • Drilling oil & gas wells • New York
This FIFTH AMENDMENT TO CREDIT AGREEMENT (this “Fifth Amendment”), dated as of July 27, 2022, is among TRANSOCEAN INC., a Cayman Islands exempted company (the “Borrower”), each Issuing Bank (as defined in the Amended Credit Agreement, CITIBANK, N.A., as administrative agent for the Lenders (as defined below) under the Credit Agreement referred to below (in such capacity, the “Administrative Agent”), CITIBANK, N.A., acting through its Agency & Trust Division, as collateral agent for the Lenders (as defined below) and the Issuing Banks under, and as defined in, the Credit Agreement referred to below (in such capacity, “Collateral Agent”), each Fifth Amendment Extending Lender (as defined below), each other Lender party hereto, and, solely for purposes of Sections 3 through 13 hereof, each Guarantor (as defined in the Amended Credit Agreement) and other Transaction Party (as defined in the Amended Credit Agreement).
