THIRD AMENDMENT TO AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT AND AMENDMENT TO AMENDED AND RESTATED PROMISSORY NOTELoan and Security Agreement • September 22nd, 2011 • TGC Industries Inc • Oil & gas field exploration services
THIS THIRD AMENDMENT TO AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT AND AMENDMENT TO AMENDED AND RESTATED PROMISSORY NOTE (this “Amendment”) dated as of AUGUST 31, 2011 (the “Effective Date”), but effective with respect to Section 2, Section 6 and Section 9 below as of SEPTEMBER 16, 2011, is by and between SOVEREIGN BANK, a Texas state bank (together with its successors and assigns, “Lender”) and TGC INDUSTRIES, INC., a Texas corporation (“Debtor”).
