FORBEARANCE AGREEMENTForbearance Agreement • May 19th, 2005 • Omni Energy Services Corp • Oil & gas field exploration services • Louisiana
THIS FORBEARANCE AGREEMENT (“Forbearance Agreement”), effective as of January 21, 2005 (the “Forbearance Date”), is made by and among OMNI ENERGY SERVICES CORP., AMERICAN HELICOPTERS INC., OMNI ENERGY SERVICES CORP.-MEXICO, TRUSSCO, INC., and TRUSSCO PROPERTIES, LLC (collectively, “Maker” and each, individually, a “Maker”), and BEAL BANK, S.S.B., a savings bank organized under the laws of the State of Texas (“Payee”), and is based on the following recitals of fact.
