Exhibit 10.1

FORM OF COMMITMENT INCREASE AGREEMENT

 

Date:                                          

 

Nordea Bank AB (publ), New York Branch,

as Administrative Agent

1211 Avenue of the Americas

New York, NY 10036

 

Royal Caribbean Cruises Ltd.

1050 Caribbean Way

Miami, Florida 33132

 

Ladies and Gentlemen:

 

We refer to the Amended and Restated Credit Agreement dated as of October 12,
2017 (as amended, restated, modified, supplemented or renewed from time to time,
the “Credit Agreement”) among Royal Caribbean Cruises Ltd. (the “Borrower”), the
Lenders referred to therein, and Nordea Bank AB (publ), New York Branch, as
administrative agent (in such capacity, the “Administrative Agent”). Terms
defined in the Credit Agreement are used herein as therein defined.

 

This Commitment Increase Agreement is made and delivered pursuant to Section
2.14 of the Credit Agreement.

 

Subject to the terms and conditions of Section 2.14 of the Credit Agreement,
                                                      (the “Increasing Lender”)
will increase its Commitment to an amount equal to $                    , on the
Increased Commitment Date applicable to it. The Increasing Lender hereby
confirms and agrees that with effect on and after such Increased Commitment
Date, the Commitment of the Increasing Lender shall be increased to the amount
set forth above, and the Increasing Lender shall have all of the rights and be
obligated to perform all of the obligations of a Lender under the Credit
Agreement with a Commitment in the amount set forth above.

 

Effective on the Increased Commitment Date applicable to it, the Increasing
Lender (i) accepts and assumes from the assigning Lenders, without recourse,
such assignment of Advances as shall be necessary to effectuate the adjustments
in the Ratable Shares of the Lenders contemplated by Section 2.14 of the Credit
Agreement, and (ii) to the extent there are Advances outstanding on such
Increased Commitment Date, agrees to fund on such Increased Commitment Date such
assumed amounts of Advances to the Administrative Agent for the account of the
assigning Lenders in accordance with the provisions of the Credit Agreement, in
the amount notified to the Increasing Lender by the Administrative Agent.

 

This Commitment Increase Agreement shall constitute a Loan Document under the
Credit Agreement.

 

THIS COMMITMENT INCREASE AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK, NOTWITHSTANDING ITS EXECUTION
OUTSIDE SUCH STATE.

 

 

 

 

IN WITNESS WHEREOF, the Increasing Lender has caused this Commitment Increase
Agreement to be duly executed and delivered in                     ,
                        , by its proper and duly authorized officer as of the
day and year first above written.

 

  [INCREASING BANK]

 

  By:  

  Title:  

 

    CONSENTED TO as of    :     ROYAL CARIBBEAN CRUISES LTD.      

 

By:                 

Title:                                                          

 

ACKNOWLEDGED as of   :

 

NORDEA BANK AB (PUBL), NEW YORK BRANCH, as Administrative Agent

 

By:    

Title: