SEC Contract Filing

Filing Date: 2015-02-25

Document Content:
<DOCUMENT>
<TYPE>EX-10.30(B)
<SEQUENCE>6
<FILENAME>a20141231ex1030b.htm
<DESCRIPTION>EXHIBIT 10.30(B)
<TEXT>
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<a name="s04DA557AA6D5F791BE385BF01111D6FE"></a><div></div><br><div style="line-height:120%;padding-bottom:16px;text-align:right;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Exhibit 10.30(b)</font></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">AMENDMENT NO. 2 TO CREDIT AGREEMENT</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">This Amendment No. 2 to Credit Agreement (this &#8220;</font><font style="font-family:inherit;font-size:11pt;font-style:italic;font-weight:bold;">Amendment</font><font style="font-family:inherit;font-size:11pt;">&#8221;), dated as of December 31, 2014, is made by and among </font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">CHICAGO BRIDGE &amp; IRON COMPANY N.V.</font><font style="font-family:inherit;font-size:11pt;">, a corporation organized under the laws of the Kingdom of the Netherlands (the &#8220;</font><font style="font-family:inherit;font-size:11pt;font-style:italic;font-weight:bold;">Company</font><font style="font-family:inherit;font-size:11pt;">&#8221;), </font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">CHICAGO BRIDGE &amp; IRON COMPANY (DELAWARE)</font><font style="font-family:inherit;font-size:11pt;">, a Delaware corporation (the &#8220;</font><font style="font-family:inherit;font-size:11pt;font-style:italic;font-weight:bold;">Initial Borrower</font><font style="font-family:inherit;font-size:11pt;">&#8221;), </font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">CERTAIN SUBSIDIARIES OF THE COMPANY SIGNATORY HERETO</font><font style="font-family:inherit;font-size:11pt;">&#32;(each a &#8220;</font><font style="font-family:inherit;font-size:11pt;font-style:italic;font-weight:bold;">Designated Borrower</font><font style="font-family:inherit;font-size:11pt;">&#8221; and, together with the Initial Borrower, collectively the &#8220;</font><font style="font-family:inherit;font-size:11pt;font-style:italic;font-weight:bold;">Borrowers</font><font style="font-family:inherit;font-size:11pt;">&#8221; and each a &#8220;</font><font style="font-family:inherit;font-size:11pt;font-style:italic;font-weight:bold;">Borrower</font><font style="font-family:inherit;font-size:11pt;">&#8221;), </font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">BANK OF AMERICA, N.A.</font><font style="font-family:inherit;font-size:11pt;">, a national banking association organized and existing under the laws of the United States (&#8220;</font><font style="font-family:inherit;font-size:11pt;font-style:italic;font-weight:bold;">Bank of America</font><font style="font-family:inherit;font-size:11pt;">&#8221;), in its capacity as administrative agent for the Lenders (as defined in the Credit Agreement) (in such capacity, the &#8220;</font><font style="font-family:inherit;font-size:11pt;font-style:italic;font-weight:bold;">Administrative Agent</font><font style="font-family:inherit;font-size:11pt;">&#8221;), and each of the Lenders signatory hereto.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;text-decoration:underline;">W I T N E S S E T H:</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">WHEREAS</font><font style="font-family:inherit;font-size:11pt;">, each of the Company, the Borrowers, the Administrative Agent, and the Lenders have entered into that certain Credit Agreement dated as of October 28, 2013 (as amended by that certain Amendment to Credit Agreement, dated as of June 11, 2014, and as hereby amended and as from time to time further amended, modified, supplemented, restated, or amended and restated, the &#8220;</font><font style="font-family:inherit;font-size:11pt;font-style:italic;font-weight:bold;">Credit Agreement</font><font style="font-family:inherit;font-size:11pt;">&#8221;; capitalized terms used in this Amendment not otherwise defined herein shall have the respective meanings given thereto in the Credit Agreement as amended hereby), pursuant to which the Lenders have made available to the Borrowers a senior unsecured credit facility in an original aggregate principal amount of $1,350,000,000; and</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">WHEREAS</font><font style="font-family:inherit;font-size:11pt;">, the Company has entered into the Guaranty pursuant to which it has guaranteed certain or all of the obligations of the Borrowers under the Credit Agreement and the other Loan Documents; and</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">WHEREAS</font><font style="font-family:inherit;font-size:11pt;">, the Borrowers have requested that the Administrative Agent and the Lenders agree to amend the Credit Agreement in certain respects, which the Administrative Agent and the Lenders party hereto are willing to do on the terms and conditions contained in this Amendment; </font></div><div style="line-height:120%;padding-bottom:16px;t