WESTERN NATIONAL BANK 508 WEST WALL STREET, SUITE 1100 MIDLAND, TEXAS 79701 December 22, 2004Western National • December 23rd, 2004 • Dawson Geophysical Co • Oil & gas field exploration services
Western National Bank (“Western” or the “Bank”) hereby commits to provide to Dawson Geophysical Company (alternatively “Dawson Geophysical” or the "Borrower”) a revolving line of credit loan in the amount of TEN MILLION AND NO/DOLLARS ($10,000,000.00) (the Loan”). The Loan will be evidenced by a Revolving Line of Credit Note, of even date herewith, in the original face amount of TEN MILLION AND NO/Dollars ($10,000,000.00) (the “Note”) and secured by that certain Security Agreement, dated December 22, 2004 covering those accounts receivables described therein (the “Security Agreement”). From time to time, the Security Agreement, and any financing statements filed to perfect the security interest created thereunder, may be collectively referred to herein as the “Security Instruments”.
WESTERN NATIONAL BANK 508 WEST WALL STREET, SUITE 1100 MIDLAND, TEXAS 79701 June 2, 2011Western National • June 23rd, 2011 • Dawson Geophysical Co • Oil & gas field exploration services • Texas
Pursuant to the terms of a letter loan agreement, dated as of June 2, 2009 (the “Existing Loan Agreement”), Western National Bank, a national banking association (alternatively, “Western” the “Lender”, or the “Bank”), has previously committed to provide to Dawson Geophysical Company, a Texas corporation (alternatively, “Dawson Geophysical” or the “Borrower”), a revolving line of credit loan in the original principal amount of Twenty Million and No/Dollars ($20,000,000.00) (the Existing Loan”). The Existing Loan is evidenced by that certain Revolving Line of Credit Note, also dated as of June 2, 2009, in the original principal amount of Twenty Million and No/100 Dollars ($20,000,000.00), executed by the Borrower, as Maker, in favor of the Bank, as Payee, (the “Existing Note”). The Existing Note is secured by that certain Security Agreement, also dated as of June 2, 2009, executed by Borrower, covering those accounts receivable and other items of collateral described therein (the “Existi
PURCHASE PAYMENT PROVISIONS 9 ALLOCATION OF PURCHASE PAYMENTS 9 PURCHASE PAYMENTS 9 SUBSEQUENT PURCHASE PAYMENTS 9 GENERAL ACCOUNT PROVISIONS 9 GENERAL ACCOUNT VALUE 9 INTEREST TO BE CREDITED 9 SEPARATE ACCOUNT PROVISIONS 9 THE SEPARATE ACCOUNT 9...Western National • January 16th, 1997 • WNL Separate Account A
