CREDIT AGREEMENT among GEOSPACE TECHNOLOGIES CORPORATION, GTC, INC., and EACH OTHER PERSON FROM TIME TO TIME PARTY HERETO AS A BORROWER, as Borrowers and WOODFOREST NATIONAL BANK, as Lender As of July 26, 2023Credit Agreement • August 1st, 2023 • Geospace Technologies Corp • Measuring & controlling devices, nec • Texas
THIS CREDIT AGREEMENT is entered into as of July 26, 2023, among GEOSPACE TECHNOLOGIES CORPORATION, a Texas corporation (“Geospace”), GTC, INC., a Texas corporation (“GTC”), AQUANA, LLC, a Vermont limited liability company (“Aquana”), GEOSPACE ENGINEERING RESOURCES INTERNATIONAL, INC., a Texas corporation (“GER International”), and QUANTUM TECHNOLOGY SCIENCES, INC., a Florida corporation (“Quantum”), and each other Person from time to time party hereto as a “Borrower” (together with Geospace, GTC, Aquana, GER International, and Quantum, collectively, “Borrowers” and each individually, a “Borrower”), the Guarantors from time to time party to this Agreement, and WOODFOREST NATIONAL BANK, a national banking association (the “Lender”).
