Common Contracts
2 similar Loan Agreement contracts by Seitel Inc
NOTELoan Agreement • August 14th, 2001 • Seitel Inc • Oil & gas field exploration services
Seitel, Inc., a Delaware corporation (the "Borrower"), promises to pay to the order of Comerica Bank - Texas (the "Lender") the principal amount of Twenty-Five Million and No/100 Dollars ($25,000,000.00) or, if less, the aggregate unpaid principal amount of all Loans made by the Lender to the Borrower pursuant to Article II of the Agreement (as hereinafter defined), in immediately available funds at the main office of Bank One, NA in Chicago, Illinois, as Agent, together with interest on the unpaid principal amount hereof at the rates and on the dates set forth in the Agreement. The Borrower shall pay the principal of and accrued and unpaid interest on the Loans in full on the Facility Termination Date.
NOTELoan Agreement • August 14th, 2001 • Seitel Inc • Oil & gas field exploration services
Seitel, Inc., a Delaware corporation (the "Borrower"), promises to pay to the order of Guaranty Bank - Texas (the "Lender") the principal amount of Fifteen Million and No/100 Dollars ($15,000,000.00) or, if less, the aggregate unpaid principal amount of all Loans made by the Lender to the Borrower pursuant to Article II of the Agreement (as hereinafter defined), in immediately available funds at the main office of Bank One, NA in Chicago, Illinois, as Agent, together with interest on the unpaid principal amount hereof at the rates and on the dates set forth in the Agreement. The Borrower shall pay the principal of and accrued and unpaid interest on the Loans in full on the Facility Termination Date.
