Forbearance Agreement and Amendment to the Credit Agreement Sample Contracts

FORBEARANCE AGREEMENT AND AMENDMENT NO. 5 TO THE CREDIT AGREEMENT

Forbearance Agreement and Amendment to the Credit Agreement • May 31st, 2011 • Geokinetics Inc • Crude petroleum & natural gas • New York

• Contract Type
  Forbearance Agreement and Amendment to the Credit Agreement
• Filed
  May 31st, 2011
• Company
  Geokinetics Inc
• Industry
  Crude petroleum & natural gas
• Jurisdiction
  New York

This Forbearance Agreement and Amendment No. 5 to the Credit Agreement (this “Agreement”) is entered into as of May 24, 2011, by and among Geokinetics Holdings USA, Inc., a Delaware corporation (the “Borrower”), the several banks and other financial institutions from time to time party to the Credit Agreement referred to below (the “Lenders”), and Whitebox Advisors LLC, in its capacity as successor administrative agent for the Lenders (in such capacity, together with any successor thereto in such capacity, the “Administrative Agent”).