RENEWAL. EXTENSION AND MODIFICATION AGREEMENTRenewal, Extension and Modification Agreement • April 16th, 2007 • Mitcham Industries Inc • Services-equipment rental & leasing, nec
THAT WHEREAS, Mitcham Industries, Inc., hereinafter referred to as Borrower” (whether one or more), executed a promissory note to First Victoria National Bank, hereinafter referred to as “Lender,” in the original principal sum of Twelve Million Five Hundred Thousand Dollars ($12,500,000.00), dated the 27th day of June, 2005, and bearing interest at the prime rate published in the Wall Street Journal, as therein provided; and
