AMENDED AND RESTATED CREDIT AGREEMENT Originally dated as of July 11, 2005 among ALLIS-CHALMERS ENERGY INC., as the Borrower, ROYAL BANK OF CANADA, as Administrative Agent and as Collateral Agent and The Lenders Party Hereto SENIOR CREDIT FACILITY RBC...Credit Agreement • January 24th, 2006 • Allis Chalmers Energy Inc. • Misc industrial & commercial machinery & equipment • Texas
THIS AMENDED AND RESTATED CREDIT AGREEMENT is entered into as of January 18, 2006, among ALLIS-CHALMERS ENERGY INC., a Delaware corporation (the “Borrower”), each lender from time to time party hereto (collectively, the “Lenders” and individually, a “Lender”), and ROYAL BANK OF CANADA, as Administrative Agent and L/C Issuer.
Allis-Chalmers Energy Inc. and the Guarantors listed on Schedule B heretoPurchase Agreement • January 24th, 2006 • Allis Chalmers Energy Inc. • Misc industrial & commercial machinery & equipment • New York
Introductory. Allis-Chalmers Energy Inc., a Delaware corporation (the “Company”), proposes, subject to the terms and conditions stated herein, to issue and sell to RBC Capital Markets Corporation (“RBC”) and Morgan Keegan & Company, Inc. (“Morgan Keegan” and collectively with RBC, the “Initial Purchasers”) $160,000,000 aggregate principal amount of its 9.0% Senior Notes due 2014 (the “Notes”). The Securities (as defined below) will be issued pursuant to an indenture (the “Indenture”) to be dated as of the Closing Date (as defined in Section 2) among the Company, the Guarantors (as defined below) and Wells Fargo Bank, N.A., as trustee (the “Trustee”).
REGISTRATION RIGHTS AGREEMENT by and among Allis-Chalmers Energy Inc. and The Guarantors listed on Schedule A hereto and RBC Capital Markets Corporation and Morgan Keegan & Company, Inc. Dated as of January 18, 2006Registration Rights Agreement • January 24th, 2006 • Allis Chalmers Energy Inc. • Misc industrial & commercial machinery & equipment • New York
This Agreement is made pursuant to the Purchase Agreement, dated as of January 12, 2006 (the “Purchase Agreement”), by and among the Company, the Guarantors (other than Specialty Rental Tools, Inc.) and the Initial Purchasers. In order to induce the Initial Purchasers to purchase the Initial Notes, the Company and the Guarantors have agreed to provide the registration rights set forth in this Agreement. The execution and delivery of this Agreement is a condition to the obligations of the Initial Purchasers set forth in Section 5(h) of the Purchase Agreement.
