Compagnie Générale de Géophysique Sample Clauses

Compagnie Générale de Géophysique. Veritas, a société anonyme incorporated in France and registered at the Paris commercial register under number B 969 202 241 (69B00224) (the “Company”), promises to pay interest on the principal amount of this Note at 73/4% per annum from February 9, 2007 until maturity. The Company will pay interest semi-annually in arrears on May 15 and November 15 of each year, commencing on May 15, 2007, or if any such day is not a Business Day, on the next succeeding Business Day (each an “Interest Payment Date”). Interest on the Notes will accrue from the most recent date to which interest has been paid or, if no interest has been paid, from the date of original issuance; provided that if there is no existing Default or Event of Default in the payment of interest, and if this Note is authenticated between a record date referred to on the face hereof and the next succeeding Interest Payment Date, interest shall accrue from such next succeeding Interest Payment Date, except in the case of the original issuance of Notes, in which case interest shall accrue from the date of authentication. The Company shall pay interest (including post-petition interest in any proceeding under applicable bankruptcy law) on overdue principal and premium, if any, from time to time on demand at a rate that is the rate then in effect; it shall pay interest (including post-petition interest in any proceeding under applicable bankruptcy law) on overdue installments of interest (without regard to any applicable grace periods) from time to time on demand at the same rate to the extent lawful. Interest will be computed on the basis of a 360-day year of twelve 30-day months.

Compagnie Générale de Géophysique a French société anonyme with a share capital of 23,363,436 euros having its registered office at 0, xxx Xxxx Xxxxxx-Massy, 91300 with registered number 969 202 241 RCS Evry (the “Company”), and

Compagnie Générale de Géophysique. Veritas, as Borrower By: Name: Title: Natixis, as Lender (22.5% of the Total Revolving Credit Commitment) and Facility Agent By: Name: Title: BNP Paribas, as Lender (22.5% of the Total Revolving Credit Commitment) By: Name: Title: Société Générale, as Lender (22.5% of the Total Revolving Credit Commitment) By: Name: Title: Crédit Mutuel-CIC (acting through Crédit Industriel et Commercial), as Lender (12.5% of the Total Revolving Credit Commitment) By: Name: Title: Crédit Agricole Corporate and Investment Bank (previously known as Calyon), as Lender (10% of the Total Revolving Credit Commitment) By: Name: Title: KBC, as Lender (10% of the Total Revolving Credit Commitment) By: Name: Title: APPENDIX A List of Permitted Joint-Ventures existing at the effective date of the Effective Date Veritas Caspian LLP 50% Oceanic Seismic Vessels AS 49% Eidesvik Seismic Vessels AS 49% Inupiat Geophysical LLC 45% CGG Pakistan Pvt Ltd 60% VS Fusion LLC 49% Digicon Nigeria 60% Yamoria Geophysical Ltd 49% Arabian Geophysical & Surveying Company (Argas) 49% Geomar SAS 49% Reservoir Imaging Ltd 12% Tronic’s Microsystems SA 16.07% Int US 19% PTSC CGGVeritas Geophysical Survey Company Ltd 49% PT Elnusa CGGVeritas Seismic 49% CGGVeritas Eidesvik Shipmanagement AS 49% CGGVeritas Geotech Geophysics 49% CGGVeritas Services (Malaysia) Sdn Bhd 49% Xxxxxxxxx Xxxxxxxxx Research AS (CMR) 5% Gardline CGGVeritas Pte Ltd 49% Xxxxxxx CGGVeritas (Private) Ltd 40% Spectrum ASA 25% Veri-Illuq Geophysical Ltd 49%