Common Contracts
3 similar Forbearance Agreement contracts by Ion Geophysical Corp
AMENDMENT NO. 3 TO FORBEARANCE AGREEMENTForbearance Agreement • April 5th, 2022 • Ion Geophysical Corp • Oil & gas field exploration services • New York
This AMENDMENT NO. 3 TO FORBEARANCE AGREEMENT (this “Amendment”) is made as of April 4, 2022, by and among ION Geophysical Corporation, a Delaware limited liability company (the “Company”), the guarantors party hereto (the “Guarantors”), and the undersigned beneficial holders (the “Directing Noteholders”) of, in the aggregate, $91,821,000 principal amount of the 8.00% Senior Secured Second Priority Notes due 2025 issued pursuant to the Indenture dated as of April 15, 2021 between the Company, UMB Bank, National Association, as trustee, UMB Bank, National Association, as collateral agent, and the guarantors party thereto, and amends the Forbearance Agreement, dated as of January 14, 2022, by and among the Company, the Guarantors, and the Directing Noteholders (the “Original Agreement,” and as amended by Amendment No. 2, dated as of March 7, 2022, and this Amendment, and when taken collectively as one agreement with the Original Agreement, the “Forbearance Agreement”). Capitalized terms
AMENDMENT NO. 2 TO FORBEARANCE AGREEMENTForbearance Agreement • March 9th, 2022 • Ion Geophysical Corp • Oil & gas field exploration services • New York
This AMENDMENT NO. 2 TO FORBEARANCE AGREEMENT (this “Amendment”) is made as of March 7, 2022, by and among ION Geophysical Corporation, a Delaware limited liability company (the “Company”), the guarantors party hereto (the “Guarantors”), and the undersigned beneficial holders (the “Directing Noteholders”) of, in the aggregate, $91,821,000 principal amount of the 8.00% Senior Secured Second Priority Notes due 2025 issued pursuant to the Indenture dated as of April 15, 2021 between the Company, UMB Bank, National Association, as trustee, UMB Bank, National Association, as collateral agent, and the guarantors party thereto, and amends the Forbearance Agreement, dated as of January 14, 2022, by and among the Company, the Guarantors, and the Directing Noteholders (the “Original Agreement,” and as amended by this Amendment, and when taken together as one agreement with the Original Agreement, the “Forbearance Agreement”). Capitalized terms used but not otherwise defined herein shall have the
AMENDMENT NO. 1 TO FORBEARANCE AGREEMENTForbearance Agreement • February 15th, 2022 • Ion Geophysical Corp • Oil & gas field exploration services • New York
This AMENDMENT NO. 1 TO FORBEARANCE AGREEMENT (this “Amendment”) is made as of February 14, 2022, by and among ION Geophysical Corporation, a Delaware limited liability company (the “Company”), the guarantors party hereto (the “Guarantors”), and the undersigned beneficial holders (the “Directing Noteholders”) of, in the aggregate, $91,821,000 principal amount of the 8.00% Senior Secured Second Priority Notes due 2025 issued pursuant to the Indenture dated as of April 15, 2021 between the Company, UMB Bank, National Association, as trustee, UMB Bank, National Association, as collateral agent, and the guarantors party thereto, and amends the Forbearance Agreement, dated as of January 14, 2022, by and among the Company, the Guarantors, and the Directing Noteholders (the “Original Agreement,” and as amended by this Amendment, and when taken together as one agreement with the Original Agreement, the “Forbearance Agreement”). Capitalized terms used but not otherwise defined herein shall have
