SCHEDULE 1 Guarantors
EX-10.8 5 ex101part2.htm EX-10.8 EXHIBIT PART 2 EX 10.8 Part 2
For example, if the Outstanding Amount of the Loans on the Plan Effective Date is $25 million and if there are 600,000 shares of New Common Stock to be issued in the aggregate, then the distribution of shares shall be calculated as follows:
SCHEDULE 1
Guarantors
Guarantors
Geokinetics Inc.
Advanced Seismic Technology, Inc.
Geokinetics Acquisition Company
Geokinetics Processing, Inc.
Geokinetics Management, Inc.
Geokinetics International Holdings, Inc.
Geokinetics International, Inc.
Geokinetics USA, Inc.
Geokinetics Services Corp.
Schedule 1
us\collish ###-###-####.8
SCHEDULE 2
Collateral Documents for Effective Date
Collateral Documents for Effective Date
Pledge and Security Agreement
Guaranty
Schedule 2
203367771
us\collish ###-###-####.8
SCHEDULE 1.01A
Existing Indebtedness
Existing Indebtedness
COUNTRY | DESCRIPTION | FACE AMOUNT IN USD | MATURITY DATE |
United States | Equipment Financing | $529,246 | Various |
Brazil | Banco Bradesco – Equipment Financing | $3,173,566 | Various |
Brazil | Factoring Agreement dated 7/25/2012 with RED FUNDO DE INVESTIMENTO EM DIREITOS CREDITÓRIOS PETROBRAS FORNECEDORES | $0 | 7/25/2014 |
Mexico | Credit Agreement for up to $7,624,760 dated November 22, 2011 between Geokinetics de Mexico, S.A. de C.V. and Navix de Mexico, S.A. de C.V., Sociedad, Financiera de Objeto Multiple, Entidad no Regulada | $1,337,909 | 11/29/2013 |
Australia | Equipment Financing | $580,480 | Various |
Available Overdraft Facilities
COUNTRY | FINANCIAL INSTITUTION | AMOUNT IN USD | AMOUNT OUTSTANDING | ||||
Brazil | Banco Itau | $50,000 | $0 | ||||
Brazil | Banco Bradesco | $300,000 | $0 | ||||
Brazil | Banco do Brasil | $200,000 | $0 | ||||
Schedule 1.01A
203367771
us\collish ###-###-####.8
SCHEDULE 1.01B
Foreign Subsidiaries
Foreign Subsidiaries
Geokinetics Processing, UK Ltd. (United Kingdom)
Geokinetics Exploration, Inc. (Alberta, Canada)
Geokinetics Singapore PTE. LTD. (Singapore)
Geokinetics Singapore Operations PTE. LTD. (Singapore)
Geokinetics (Australasia) PTY LTD (Australia)
Foresight Australia PTY LTD (Australia)
Geokinetics Geophysical do Brasil Ltda. (Brazil)
Geokinetics Egypt LLC (Egypt)
Grant Geophysical Saudi Arabia L.L.C. (Saudi Arabia)
Geokinetics Geophysical Malaysia Sdn. Bhd. (Malaysia)
P.T. Geokinetics Indonesia (Indonesia)
Geokinetics FZE (Dubai,United Arab Emirates)
Geokinetics International Services, Inc. (Cayman)
Geokinetics Global Services, Inc. (Cayman)
Geokinetics Enterprises, Inc. (Cayman)
Geofisica Geokinetics Bolivia SRL (Bolivia)
Geokinetics Exploration Peru SAC. (Peru)
Geokinetics Onshore Peru S.A.C. (Peru)
Geokinetics Onshore Servicios S.A.C. (Peru)
Andina de GeoFisica S.A.C. (Peru)
Geokinetics de Mexico S.A. de C.V. (Mexico)
Geokinetics Administracion y Servicios S.A. de C.V. (Mexico)
Grant Geofisical de Mexico S.A. de C.V. (Mexico)
Geokinetics Exploration Morocco SARL (Morocco)
Schedule 1.01B
203367771
us\collish ###-###-####.8
Geokinetics (Malta) Holdings Ltd. (Malta)
Geokinetics (Malta) Ltd. (Malta)
Grant Geophysical Nicaragua, S.A. (Nicaragua)
Schedule 1.01B
203367771
us\collish ###-###-####.8
SCHEDULE 1.01C
Immaterial Subsidiaries
Immaterial Subsidiaries
Geokinetics Global Services, Inc.
Geokinetics Processing, UK Ltd.
Geokinetics Singapore PTE. LTD.
Geokinetics FZE
Geokinetics Enterprises, Inc.
Geokinetics Singapore Operations PTE. LTD.
Foresight Australia PTY LTD
Geokinetics International Services, Inc.
Geokinetics Onshore Servicios S.A.C.
Schedule 1.01C
203367771
us\collish ###-###-####.8
SCHEDULE 1.01D
Non-Loan Party Indebtedness
Non-Loan Party Indebtedness
COUNTRY | DESCRIPTION | FACE AMOUNT IN USD | MATURITY DATE |
Brazil | Banco Bradesco – Equipment Financing | $3,173,566 | Various |
Brazil | Factoring Agreement dated 7/25/2012 with RED FUNDO DE INVESTIMENTO EM DIREITOS CREDITÓRIOS PETROBRAS FORNECEDORES | $0 | 7/25/2014 |
Mexico | Credit Agreement for up to $7,624,760 dated November 22, 2011 between Geokinetics de Mexico, S.A. de C.V. and Navix de Mexico, S.A. de C.V., Sociedad, Financiera de Objeto Multiple, Entidad no Regulada | $1,337,909 | 11/29/2013 |
Australia | Equipment Financing | $580,480 | Various |
Available Overdraft Facilities
COUNTRY | FINANCIAL INSTITUTION | AMOUNT IN USD | AMOUNT OUTSTANDING | ||
Brazil | Banco Itau | $50,000 | $0 | ||
Brazil | Banco Bradesco | $300,000 | $0 | ||
Brazil | Banco do Brasil | $200,000 | $0 | ||
Schedule 1.01D
203367771
us\collish ###-###-####.8
SCHEDULE 1.01E
Permitted Senior Liens
Permitted Senior Liens
Collateralized Letters of Credit and Bonds
Line of Credit / CD# | Entity | Originating Bank | Beneficiary | USD Amount | Maturity Date |
LGM7092000975 | Geokinetics Geophysical Malaysia Sdn. Bhd. | OCBC Bank (Malaysia) Bhd | Customer – Malaysia Project | $5,732 | 2/28/13 |
LGM7092000900 | Geokinetics Geophysical Malaysia Sdn. Bhd. | OCBC Bank (Malaysia) Bhd | Customer – Malaysia Project | $322,581 | 1/26/13 |
14470 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Indemco | $25,000 | 8/24/13 |
14123 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Indemco | $112,500 | 7/31/13 |
15294 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Indemco | $125,000 | 9/21/13 |
15293 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Indemco | $150,000 | 9/21/13 |
15772 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Indemco | $75,000 | 10/10/13 |
15775 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Indemco | $75,000 | 10/10/13 |
15776 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Indemco | $75,000 | 10/10/13 |
16925 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Indemco | $10,000 | 1/10/14 |
17520 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Indemco | $10,000 | 1/13/14 |
18111 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Indemco | $77,245 | 12/10/13 |
18112 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Indemco | $10,000 | 12/14/13 |
Schedule 1.01E
203367771
us\collish ###-###-####.8
Line of Credit / CD# | Entity | Originating Bank | Beneficiary | USD Amount | Maturity Date |
18483 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Indemco | $25,000 | 12/19/13 |
21082 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Indemco | $250,000 | 1/18/14 |
23178 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Indemco | $100,000 | 2/12/14 |
11947 | Geokinetics Services Corp. | Wells Fargo Bank N.A. | Banque Exterieure d’Algerie | $21,359 | 4/28/13 |
12827 | Geokinetics Services Corp. | Wells Fargo Bank N.A. | Banque Exterieure d’Algerie | $61,820 | 6/20/13 |
7600 | Geokinetics Services Corp | Wells Fargo Bank N.A. | American Express | $500,000 | 4/12/13 |
13356 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Kuehne & Nagel | $33,000 | 6/15/13 |
13927 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Customer – Bangladesh Project | $1,456,376 | 3/31/13 |
17525 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Fleetcor Technologies | $180,000 | 12/5/13 |
Collateral Deposits
COUNTRY | PARTY | USD AMOUNT |
United States | Wells Fargo Bank N.A. | $50,000 |
United States | Wells Fargo Bank N.A. | $200,000 |
United States | Indemco | $500,000 |
Brazil | Banco do Brazil | $2,038,000 |
Schedule 1.01E
203367771
us\collish ###-###-####.8
SCHEDULE 2.01
Commitments
Commitments
Name of Lender | Commitment | ||
ASOF II Investments, LLC | $ | 14,478,519 | |
American Securities Opportunities Fund, LP | $993,346 | ||
American Securities Opportunities Fund (B), L.P. | $62,710 | ||
ECF Value Fund, L.P. | $2,351,131 | ||
ECF Value Fund II, L.P. | $4,853,631 | ||
ECF Value Fund International, LTD. | $2,260,663 | ||
Total | $25,000,000 | ||
Schedule 2.01
203367771
us\collish ###-###-####.8
SCHEDULE 2.02(b)
Backstop Commitments
Backstop Commitments
Name of Backstop DIP Lender | Backstop Commitment | Percentage | |||
ASOF II Investments, LLC | $0 | 57.91407933000000 | % | ||
American Securities Opportunities Fund, LP | $0 | 3.973383180000000 | % | ||
American Securities Opportunities Fund (B), L.P. | $0 | 0.2508385100000000 | % | ||
ECF Value Fund, L.P. | $0 | 9.404525550000000 | % | ||
ECF Value Fund II, L.P. | $0 | 19.414522870000000 | % | ||
ECF Value Fund International, LTD. | $0 | 9 ###-###-#### | % | ||
Total | $0 | 100 | % | ||
Schedule 2.02(b)
203367771
us\collish ###-###-####.8
SCHEDULE 2.05(b)
Exempted Dispositions and Casualty Events Existing as of Effective Date
Exempted Dispositions and Casualty Events Existing as of Effective Date
None.
Schedule 2.05(b)
203367771
us\collish ###-###-####.8
SCHEDULE 2.07
Chapter 11 Plan Treatment Terms
Chapter 11 Plan Treatment Terms
Capitalized terms used herein and not otherwise defined shall have the meanings attributed to them in the Agreement.
Pursuant to the Joint Chapter 11 Plan of Reorganization of Geokinetics Inc., et al. (as amended or modified with consent of the Backstop DIP Lenders, the “Plan”), subject to the occurrence of the effective date of the Plan (the “Plan Effective Date”), the DIP Agent shall receive for the ratable account of the Lenders the DIP Equity Distribution in full settlement, release and discharge of the Outstanding Amount of the Loans. The “DIP Equity Distribution” means the new common stock of reorganized Geokinetics Inc. (“New Common Stock”) to be issued on the Plan Effective Date and to be distributed to the Lenders commencing on the Plan Effective Date, in an amount which shall be calculated by converting the Outstanding Amount of the Loans1 to New Common Stock at a 20% discount to the value of the New Common Stock to be issued pursuant to the Plan as of the Plan Effective Date. The value of the New Common Stock is $224 million based on the enterprise value of the Debtors as set forth in the Solicitation and Disclosure Statement for the Joint Chapter 11 Plan of Geokinetics Inc., et al. (the “Disclosure Statement”).
The calculation of the percentage of shares of New Common Stock to be issued as part of the DIP Equity Distribution (the “DIP Lender Shares”) shall be determined using the following formula:
Outstanding Amount of the Loans ÷ $179.2 million2 = percentage of aggregate shares of New Common Stock to be issued as part of the DIP Equity Distribution.3
For example, if the Outstanding Amount of the Loans on the Plan Effective Date is $25 million and if there are 600,000 shares of New Common Stock to be issued in the aggregate, then the distribution of shares shall be calculated as follows:
$25 million ÷ $179.2 million = 14%
DIP Equity Distribution (14% of 600,000) | 84,000 shares |
Noteholder Distribution4 (86% of 600,000) | 516,000 shares |
Total | 600,000 shares |
___________________________
1 This may include other amounts to the extent owed as provided in the Plan.
2 This amount represents the aggregate value of the New Common Stock to be distributed pursuant to the Plan at a 20% discount to the value ($224 million) set forth in section C of the Valuation Analysis attached as Exhibit E to the Disclosure Statement.
3 Any fractional share resulting from such calculation shall be rounded down to the nearest whole number, and no cash payments shall be made in connection with such rounding.
4 The “Noteholder Distribution” means the shares of New Common Stock to be issued to holders of the 9.75% Senior Secured Notes Due 2014 pursuant to section III.C(iv) of the Plan.
Schedule 2.07
203367771
us\collish ###-###-####.8
SCHEDULE 5.03
Governmental Authorizations and Filings
Governmental Authorizations and Filings
None.
Schedule 5.03
203367771
us\collish ###-###-####.8
SCHEDULE 5.06
Litigation
Litigation
Threatened:
1. | Francis and Erma Franson v. Geokinetics Inc. |
a. | This is threatened property damage litigation arising from drilling performed on Plaintiffs' property in North Dakota. Settlement negotiations are underway with local counsel in North Dakota. A formal lawsuit has not been filed. Settlement offer has not yet been accepted or rejected. |
2. | Insurance Reimbursement Claim from Fidelity against Geokinetics USA, Inc. (“GOK”) |
a. | Fidelity is seeking reimbursement for the settlement of claims on a project in which GOK acted as a subcontractor. There is a dispute as to whether Fidelity is due reimbursement. A client wants to be reimbursed for damage claims it settled as a result of work which GOK performed. GOK’s position is that the claims are the responsibility of Fidelity. The reimbursement requested is $293,000. There are 2 property owners that have not settled and have requested an increase in the funds offered. The status of these two claims is outstanding. |
Pending:
1. | Ronald and Paula Herman v. Geokinetics Inc. and Geokinetics USA, Inc. (collectively, “GOK”) (Case No. 2012-7429 in the Court of Common Pleas Washington County, Washington County, Pennsylvania) |
a. | Plaintiffs contend that GOK, following the completion of seismic activities on the Plaintiff's property, negligently disassembled and gathered wire, electrical products and batteries, causing a fire on the Plaintiff's property. The fire destroyed a section of woods near Plaintiff's home, as well as a drain pipe that runs underneath Plaintiff's driveway. Plaintiff requested arbitration on their petition. |
2. | Suzanne Hedden v. Geokinetics Inc. (“GOK”) (filed in the District Court of Elbert County, Colorado) |
a. | Plaintiff claims GOK trespassed on her property and is interfering with the enjoyment of said property. Plaintiff further claims GOK's equipment is emitting radio beams, sickening she and her six dogs. GOK has filed a Motion to Dismiss and Plaintiff has responded with a Motion to set aside the Motion to Dismiss. The claim value is $500,000 plus punitive damages. GOK would be responsible for the first $100,000 and GOK’s insurance would bear the remainder. |
Schedule 5.06
203367771
us\collish ###-###-####.8
SCHEDULE 5.07(b)(i)
Owned Real Property
Owned Real Property
None.
Schedule 5.07(b)(i)
203367771
us\collish ###-###-####.8
SCHEDULE 5.07(b)(ii)
Leased Real Property
Leased Real Property
Geokinetics Inc.
1. | Lease Agreement dated October 16, 2007 between Nickson Westland Industrial, LLC and Geokinetics Inc. (Repair, shipping and receiving facility on 14401 West Rd. Houston, TX) |
2. | Lease Agreement dated October 17, 2007 between Nickson 14411 West Road Industrial, LLC and Geokinetics Inc. (Repair facility on 14411 West Rd. Houston, TX) |
3. | Lease Agreement dated April 19, 2007 and Amendments dated November 13, 2007, July 22, 2008 and September 27, 2010 between EMC Hotel, LTD. and Geokinetics Inc. (Corporate Headquarters Houston, TX) |
4. | Lease Agreement effective December 1, 2010 between Westchase Forest Apartment Homes and Geokinetics Inc. (Apartment - Houston, TX) |
5. | Lease Agreement dated June 6, 2011 between Camden Oak Crest Apartment Community and Geokinetics Inc. (Apartment - Houston, TX) |
6. | Lease Agreement dated February 1, 2009 between Mary Jane Couch Gillam and PGS Onshore, Inc. (subsequently assigned to Geokinetics Inc.) (Apartment - Alaska). |
Geokinetics USA, Inc. (formerly Quantum Geophysical, Inc.)
1. | Lease Agreement dated June 23, 2010 between Hershey Leasing Company and Geokinetics USA, Inc. (Office - Canonsburg, Pennsylvania) |
2. | Sublease Agreement dated August 10, 2010 between K&K Recycling, Inc. and Geokinetics USA, Inc. (Equipment Storage – Alaska) |
3. | Lease Agreement dated August 9, 2007 and Amendment dated August 19, 2010 between Delta Leasing LLC and Geokinetics USA, Inc. (Office lease (Trailer) - Alaska) |
4. | Lease Agreement dated December 28, 2010 between Dale and Shirley Hinz and Geokinetics USA, Inc. (Office – Ault, Colorado) |
5. | Lease Agreement dated December 12, 2001 and Extension dated June 1, 2011 between Geokinetics USA, Inc. and Alaska Dreams, Inc. (Office/Shop/Storage - Alaska) |
6. | Lease Agreement dated July 1, 2010 and Extension dated July 1, 2011 between Brice Sukakpak LLC and Geokinetics USA, Inc. (Equipment Storage – Alaska) |
7. | Lease Agreement dated June 20, 2006 and Assignment and 1st Amendment dated May 1, 2011 between Geokinetics USA, Inc. and SJ/JL Calais Office I, LLC (Office – Alaska) |
8. | Lease Agreement dated September 15, 2012 between WSCB Properties, Ltd. And Geokinetics USA, Inc. (Equipment Storage – Rosenberg, Texas) |
Schedule 5.07(b)(ii)
203367771
us\collish ###-###-####.8
Geokinetics Acquisition Company (formerly PGS Onshore, Inc.)
1. | Lease Agreement between PGS Onshore, Inc. and C-2 Real Estate Holdings, LTD. dated August 15, 2007 (Warehouse Facility – Stafford, Texas) |
Geokinetics International, Inc. (formerly Grant Geophysical (Int’l), Inc.)
1. | Lease Agreement dated December 28, 2009 between Geokinetics International, Inc. and Lieutenant General Mohd Aminul Karim ( Office Lease – Dhaka, Bangladesh) |
2. | Lease Agreement dated August 1, 2010 between Geokinetics International, Inc. and Md. Quazi Nasir Uddin Ahmed (Land lease – Barisal, Bangladesh) |
3. | Sublease Agreement dated May 26, 2011 between Geokinetics International, Inc. and Geokinetics (Malta) Holdings Ltd (Office – Tunis, Tunisia) |
4. | Lease agreement dated March 1, 2011 between Geokinetics International, Inc. and Admarie Heimann (Office and Staff House – San Fernando, Trinidad) |
Geokinetics International, Inc. Branches
Schedule 5.07(b)(ii)
203367771
us\collish ###-###-####.8
BRANCH | LOCATION | LESSOR | PROPERTY DESCRIPTION |
Angola | Viana, Angola | Fabrico de Plasticos Kwanza, Lda | Warehouse |
Angola | Luanda, Angola | Genea Administracao | Staff Apartment |
Angola | Luanda, Angola | Germano Miguel Sacavumbi | Staff Apartment |
Angola | Luanda, Angola | Globo Service SA | Processing Office |
Angola | Luanda, Angola | Khiber International Comercio, Importacao, Exportacao, LDA | Office |
Angola | Luanda, Angola | Khiber International Comercio, Importacao, Exportacao, LDA | Office |
Angola | Muxima, Angola | Pedro Luis Masela de Almeida- Motel Katondo | Crew Accommodations |
Angola | Noblesse, Angola | Jose Manuel Pedro | Staff Apartment |
Brunei | Brunei | Eversolve Business Services | Office & Warehouse |
Brunei | Brunei | Leong Ngoh Leng | Staff House |
Colombia | Bogota, Colombia | TecnologiaInmobiliar ia S.A. | Office |
Foreign Subsidiaries
COUNTRY | LOCATION | PROPERTY DESCRIPTION |
Algeria | Algiers | Office |
Algeria | Timimoun | Crew Accommodations |
Algeria | Timimoun | Crew Yard |
Australia | Brisbane | Office |
Australia | Brisbane | Office & Warehouse |
Bolivia | Santa Cruz | Office |
Bolivia | Santa Cruz | Warehouse |
Brazil | Rio de Janeiro | Warehouse |
Brazil | Rio de Janeiro | Office |
Brazil | Salvador | Crew Accommodations |
Brazil | Mossoro | Crew Accommodations |
Brazil | Mossoro | Crew Yard |
Schedule 5.07(b)(ii)
203367771
us\collish ###-###-####.8
Brazil | Natal | Warehouse |
Brazil | Salvador | Office |
Brazil | Linhares | Office |
Brazil | Pojuca | Office |
Brazil | Rio de Janeiro | Staff Apartment |
Brazil | Lucas do Rio Verde | Crew Accommodations |
Brazil | Nova Mutum | Storage Facility |
Brazil | Santa Rita do Trivelato | Crew Yard |
Brazil | Santo Amaro | Crew Accommodations |
Brazil | Nova Mutum | Crew Accommodations |
Brazil | Santa Rita do Trivelato | Warehouse |
Brazil | Alto Rodrigues | Warehouse |
Brazil | Rio de Janeiro | Staff Apartment |
Canada | Calgary | Office & Warehouse |
Canada | Calgary | Land |
Canada | Calgary | Processing Office |
Egypt | Cairo | Office |
Egypt | Maadi | Storage Facility |
Egypt | Cairo | Staff House |
Egypt | Cairo | Staff House |
Indonesia | Menara | Office |
Indonesia | Menara | Office |
Libya | Tripoli | Office |
Libya | Tripoli | Staff House |
Malaysia | Kuala Lampur | Warehouse |
Malaysia | Kuala Lampur | Office |
Mexico | Mexico City | Office |
Mexico | Tamaulipas | Crew Accommodations |
Mexico | Nuevo Leon | Warehouse |
Mexico | Veracruz | Office |
Mexico | Frontera-Tabasco | Office |
Mexico | Mexico City | Staff house |
Mexico | Tabasco | Staff House |
Morocco | Rabat | Office |
Peru | Iquitos | Warehouse |
Peru | Sullana | Warehouse |
Peru | Lima | Office |
Peru | Lima | Office |
Peru | Lima | Office |
Peru | Lima | Office |
Peru | Lima | Office |
Schedule 5.07(b)(ii)
203367771
us\collish ###-###-####.8
Peru | Pucallpa | Office and Warehouse |
Peru | Pucallpa | Port Rental |
Peru | Pucallpa | Crew Accommodations |
Singapore | Singapore | Office |
Singapore | Singapore | Warehouse |
Singapore | Singapore | Staff Apartment |
Singapore | Singapore | Staff Apartment |
Singapore | Singapore | Staff Apartment |
Tunisia | Tunis | Office |
United Arab Emirates Emirates | Dubai | Office |
United Kingdom Kingdom | Woking, England | Processing Center |
United Kingdom Kingdom | Glasgow, Scotland | Office |
Schedule 5.07(b)(ii)
203367771
us\collish ###-###-####.8
SCHEDULE 5.09(a)
Environmental Compliance Exceptions
Environmental Compliance Exceptions
None.
Schedule 5.09(a)
203367771
us\collish ###-###-####.8
SCHEDULE 5.09(b)
Hazardous Material Release
Hazardous Material Release
None.
Schedule 5.09(b)
203367771
us\collish ###-###-####.8
SCHEDULE 5.09(c)
Remedial Actions
Remedial Actions
None.
Schedule 5.09(c)
203367771
us\collish ###-###-####.8
SCHEDULE 5.09(d)
Environmental Permits
Environmental Permits
None.
Schedule 5.09(d)
203367771
us\collish ###-###-####.8
SCHEDULE 5.09(e)
Environmental Liabilities
Environmental Liabilities
None.
Schedule 5.09(e)
203367771
us\collish ###-###-####.8
SCHEDULE 5.10(a)
Taxes: Filings and Permits
Taxes: Filings and Permits
COUNTRY | TAX YEAR(S) |
Argentina | 2011 |
Australia | 2008 short year, 2008-2011 |
Egypt | 2009-2011 |
Malaysia | 2008-2011 |
Malta | 2009-2011 |
Mexico | 2002-2011 |
Mozambique | 2011 |
Nicaragua | 2008-2011 |
Norway | 2011 |
Saudi Arabia | 2005-2011 |
Tanzania | 2009-2011 |
Trinidad and Tobago | 2010-2011 |
Venezuela | 2011 |
Schedule 5.10(a)
203367771
us\collish ###-###-####.8
SCHEDULE 5.10(b)
Taxes: Material Claims; Waivers and Extensions; Notifications and Examinations
Taxes: Material Claims; Waivers and Extensions; Notifications and Examinations
ENTITY | TAXING AUTHORITY | TAX TYPE | PERIOD(S) |
Tax returns being examined by a taxing authority | |||
Geofisica Geokinetics Bolivia, SRL | Bolivia | Social Tax | 1/1/2008- 12/31/2011 |
Geokinetics International, Inc. - Egypt Branch | Egypt | Income Tax | 1/1/2004- 12/31/2008 |
Geokinetics Exploration Peru S.A.C. | Peru | Value Added Tax | 1/1/2010- 12/31/2010 |
Geokinetics Inc. | United States | Excise Tax | 4/1/2011- 6/30/2011 |
Tax returns being examined by a taxing authority; Presently effective material waivers or extensions of statutes in writing | |||
Geokinetics Inc. | Texas | Sales and Use Tax | 9/1/2007- 5/31/2011 |
Schedule 5.10(b)
203367771
us\collish ###-###-####.8
SCHEDULE 5.10(c)
Taxes: Tax Sharing Agreements
Taxes: Tax Sharing Agreements
None.
Schedule 5.10(c)
203367771
us\collish ###-###-####.8
SCHEDULE 5.11(a)
Compliance with ERISA
Compliance with ERISA
None.
Schedule 5.11(a)
203367771
us\collish ###-###-####.8
SCHEDULE 5.12
Labor Matters
Labor Matters
None.
Schedule 5.12
203367771
us\collish ###-###-####.8
SCHEDULE 5.13
Subsidiaries and other Equity Investments
Subsidiaries and other Equity Investments
Entity | Jurisdiction of Organization | Ownership Interest of a Loan Party or any of its Subsidiaries | Equity Owner | Equity Interests to be pledged? (Y or N) | Validly issued, fully paid and nonassessable? (Y or N) |
Geokinetics Holdings USA, Inc. | Delaware | 100% | Geokinetics Inc. | Y | Y |
Advanced Seismic Technology, Inc. | Texas | 100% | Geokinetics International Holdings, Inc. | Y | Y |
Geokinetics Acquisition Company | Delaware | 100% | Geokinetics Holdings USA, Inc. | Y | Y |
Geokinetics Processing, Inc. | Texas | 100% | Geokinetics Holdings USA, Inc. | Y | Y |
Geokinetics Management, Inc. | Texas | 100% | Geokinetics International Holdings, Inc. | Y | Y |
Geokinetics International Holdings, Inc. | Delaware | 100% | Geokinetics Acquisition Company | Y | Y |
Geokinetics International, Inc. | Texas | 100% | Geokinetics International Holdings, Inc. | Y | Y |
Geokinetics USA, Inc. | Texas | 100% | Geokinetics Acquisition Company | Y | Y |
Geokinetics Services Corp. | Texas | 100% | Geokinetics Holdings USA, Inc. | Y | Y |
Geokinetics Processing, UK Ltd.* | United Kingdom | 100% | Geokinetics Processing, Inc. | Y | Y |
Geokinetics Exploration, Inc. | Alberta, Canada | 100% | Geokinetics International, Inc. | Y* | Y |
Geokinetics Singapore PTE. LTD. | Singapore | 100% | Geokinetics International, Inc. | Y* | Y |
Geokinetics Singapore Operations PTE. LTD. | Singapore | 100% | Geokinetics International, Inc. | Y* | Y |
Geokinetics (Australasia) PTY LTD | Australia | 100% | Geokinetics International, Inc. | Y* | Y |
Foresight Australia PTY LTD | Australia | 100% | Geokinetics International, Inc. | Y* | Y |
Schedule 5.13
203367771
us\collish ###-###-####.8
Entity | Jurisdiction of Organization | Ownership Interest of a Loan Party or any of its Subsidiaries | Equity Owner | Equity Interests to be pledged? (Y or N) | Validly issued, fully paid and nonassessable? (Y or N) |
Geokinetics Geophysical do Brasil Ltda. | Brazil | 100% | Geokinetics International, Inc. (99%), Geokinetics International Holdings, Inc. (1%) | Y* | Y |
Geokinetics Egypt LLC | Egypt | 100% | Geokinetics Exploration, Inc. (90%), Geokinetics International, Inc. (10%) | Y* | Y |
Grant Geophysical Saudi Arabia L.L.C. | Saudi Arabia | 49% | Geokinetics International, Inc. | Y* | Y |
Geokinetics Geophysical Malaysia Sdn. Bhd. | Malaysia | 100% | Geokinetics International, Inc. | Y* | Y |
P.T. Geokinetics Indonesia | Indonesia | 100% | Geokinetics International Holdings, Inc. | Y* | Y |
Geokinetics FZE | Dubai, United Arab Emirates | 100% | Geokinetics Exploration, Inc. | N | Y |
Geokinetics International Services, Inc. | Cayman | 100% | Geokinetics International, Inc. | Y | Y |
Geokinetics Global Services, Inc. | Cayman | 100% | Geokinetics Holdings USA, Inc. | Y | Y |
Geokinetics Enterprises, Inc. | Cayman | 100% | Geokinetics International Holdings, Inc. | Y* | Y |
Geofisica Geokinetics Bolivia SRL | Bolivia | 100% | Geokinetics International, Inc. (50%), Geokinetics International Services, Inc. (50%) | Y** | Y |
Geokinetics Exploration Peru SAC. | Peru | 99% | Geokinetics Exploration, Inc. (99%) | N | Y |
Schedule 5.13
203367771
us\collish ###-###-####.8
Entity | Jurisdiction of Organization | Ownership Interest of a Loan Party or any of its Subsidiaries | Equity Owner | Equity Interests to be pledged? (Y or N) | Validly issued, fully paid and nonassessable? (Y or N) |
Geokinetics Onshore Peru S.A.C. | Peru | 100% | Geokinetics Exploration Peru SAC. (99%), Geokinetics Exploration, Inc. (1%) | N | Y |
Geokinetics Onshore Servicios S.A.C. | Peru | 100% | Geokinetics Exploration Peru SAC. (99%), Geokinetics Exploration, Inc. (1%) | N | Y |
Andina de Geofisica S.A.C. | Peru | 97.5% | Geokinetics Exploration, Inc. | N | Y |
Geokinetics de Mexico S.A. de C.V. | Mexico | 100% | Geokinetics International, Inc. (99.9%), Geokinetics International Holdings, Inc. (0. 1%) | Y* | Y |
Geokinetics Administracion y Servicios S.A. de C.V. | Mexico | 100% | Geokinetics International, Inc. (99.9%), Geokinetics International Holdings, Inc. (0. 1%) | Y* | Y |
Grant Geofisical de Mexico S.A. de C.V. | Mexico | 99% | Geokinetics International, Inc. | N/A | N/A |
Geokinetics Exploration Morocco SARL | Morocco | 100% | Geokinetics Exploration, Inc. | N | Y |
Geokinetics (Malta) Holdings Ltd. | Malta | 100% | Geokinetics Exploration, Inc. (99%), Geokinetics International, Inc. (1%) | N | Y |
Geokinetics (Malta) Ltd. | Malta | 100% | Geokinetics (Malta) Holdings Ltd. | N | Y |
Grant Geophysical Nicaragua, S.A. | Nicaragua | 98% | Geokinetics International, Inc. | N/A | N/A |
* 66% of the interest in this company will be pledged.
** 66% of Geokinetics International, Inc.’s 50% interest will be pledged and 66% of Geokinetics International Holdings Inc.’s 50% interest will be pledged.
Schedule 5.13
203367771
us\collish ###-###-####.8
SCHEDULE 5.16
Intellectual Property, Licenses
Intellectual Property, Licenses
PATENTS
Name of Grantor | Patent Description | Patent Number | Issue Date |
Geokinetics Acquisition Company Our Ref: P30480 | Automated Cable Handling Transport Apparatus Vehicle | Canada: 2393263 US: 6,775,204 | Canada: 11/18/2008 Granted 8/10/2004 US: 8/10/2004 |
Geokinetics Acquisition Company Our ref: 02-13 | Water Bottom Cable Seismic Survey Cable and System | Mexico: 254980 Nigeria: RP 16782 US: 7,139,217 7,113,448 7,061,829 China: 200510073945.7 | Mexico: 2/27/2008 Nigeria: 5/14/2007 US:11/21/2006 US: 9/26/2006 US: 6/13/2006 China: 12/15/2009 |
Geokinetics Acquisition Company Our ref: 02-19 | Cable Handling System | India: 227651 Mexico: 264794 US: 7,028,988 Canada: 2483977 | India: 1/14/2009 Mexico: 2/27/2009 US: 4/18/2006 Canada: 12/15/2009 |
Geokinetics Acquisition Company Our ref: 04-15 | Solid Contraction Electrical Connector Adapted for Use with Seismic Data Acquisition | US: 7,390,217 | US: 6/24/2008 |
Geokinetics Acquisition Company Our ref: 05-15 | System and method for Optimizing Seismic Sensor Response | UK: 2434869 | UK: 6/24/2009 |
Geokinetics Acquisition Company Our ref: 06- 24 | Diffuse Seismic Imaging Systems and Methods | US: 7,383,133 | US: 6/3/2008 |
Geokinetics Acquisition Company Our ref: GEO-10-01 | Helicopter Transportable Antenna Mast and Stay Cable System | US: 7,796, 093 | US: 9/14/2010 |
Geokinetics Acquisition Company Our ref: 05-17 | Three Dimensional Seismic Survey Methods Using Perturbation Pattern to Provide Bin Fraction | Eurasia: 200970330 | Issued 2010 |
Schedule 5.16
203367771
us\collish ###-###-####.8
PATENT APPLICATIONS
Name of Grantor | Patent Application | Application Filing Date | Application Serial Number |
Geokinetics Acquisition Company Our ref: 02-13 | Water Bottom Cable Seismic Survey Cable and System | China: 5/27/2005 Europe: 4/25/2005 Mexico: 5/26/2005 | China: 200510073945.7 Europea: 0525268.0 Mexico: MX/A/2007/014712 |
Geokinetics Acquisition Company Our ref: 02-19 | Cable Handling System | Brazil: 10/04/2004 Canada: 10/05/2004 Venezuela: 10/11/2004 | Brazil: PI0404416-9 Canada: 2483977 Venezuela: P-1686/04 |
Geokinetics Acquisition Company Our ref: 04-15 | Solid Contraction Electrical Connector Adapted for Use with Seismic Data Acquisition Systems | France: 3/15/2006 | France: 0650874000 |
Geokinetics Acquisition Company Our ref: 05-15 | System and Method for Optimizing Seismic Sensor Response | Australia: 1/19/2007 Norway: 1/17/2007 | Australia: 2007200242 Norway: 20070303 |
Geokinetics Acquisition Company Our ref: 05-17 | Three- Dimensional Seismic Survey Methods using a Perturbation Pattern to Provide Bin Fractionation | Algeria: 9/28/2007 Australia: 9/28/2007 Brazil: 9/28/2007 Canada: 9/29/2007 Eurasia: 9/28/2007 Granted 2010 Egypt: 9/28/2007 Mexico: 9/28/2007 | Algeria: 090130 Australia: 2007305355 Brazil: PIo717137-4 Canada: 2664007 Eurasia: 200970330 Egypt: 248/2009PCT Europe: 07839094.5 Mexico:MX/A/2009/003407 |
Geokinetics Acquisition Company Our ref: 05-17 | Three- Dimensional Seismic Survey Methods using a Perturbation Pattern to Provide Bin Fractionation | PCT: 9/28/2007 US: 9/27/2007 | PCT: PCT/US2007/021069 US: 11/904,563 |
Geokinetics Acquisition Company Our ref: 06-24 | Diffuse Seismic Imaging Systems and Methods | Egypt: 4/3/2008 Norway: 4/3/2008 UK: 4/9/2008 | Egypt: 576/2008 Norway: 20081660 UK: 0806453.7 |
Schedule 5.16
203367771
us\collish ###-###-####.8
Name of Grantor | Patent Application | Application Filing Date | Application Serial Number |
Geokinetics Acquisition Company Our ref: 06-30 | Helicopter Transportable Antenna Mast and Stay Cable System | Bolivia: 1/10/2008 Canada: 12/11/2007 Ecuador: 12/27/2007 Mexico: 1/15/2008 Peru: 1/14/2008 US: 1/16/2007 Granted 9/14/2010 | Bolivia: SP-002-08 Canada: 2616880 Ecuador: SP-07-8074 Mexico: MX/A/2008/00701 Peru: 000137-2008/OIN US: 11/654,274 |
Geokinetics Acquisition Company Our ref: 07-07 | Super Heterodyne Seismic Vibrator and Method | Australia: 9/25/2008 Norway: 9/11/2008 UK: 9/26/2008 US: 10/2/2007 | Australia: 2008227065 Norway: 20083903 UK: 0817741.2 US: 11/906,347 |
Geokinetics Acquisition Company Our ref: 07-25 | Dithering Control of Oscillator Frequency to Reduce Cumulative Timing Error in a Clock | Algeria: 4/13/2009 Australia: 3/16/2009 Bolivia: 3/12/2009 Brazil: 4/14/2009 Canada: 3/13/2009 Colombia: 4/14/2009 Eurasia: 4/7/2009 Egypt: 4/5/2009 Europe: 4/8/2009 Mexico: 4/14/2009 Peru: 4/7/2009 US: 4/14/2008 | Algeria: 090212 Australia: 2009201054 Bolivia: SP-072-09 Brazil: PI0900972-8 Canada: 2658318 Colombia: 09037580 Eurasia: 200900421 Egypt: 453/2009 Europe: 09157599.3 Mexico:MX/A/2009/003956 Peru: 000490-2009/DIN US: 12/082,788 |
Geokinetics Acquisition Company Our ref: 09-01 | Remote Seismic Surveying Systems and Methods | US: 8/12/2009 | US: 12/462,962 |
Geokinetics Acquisition Company Our ref: 09-07 | Method of Acquiring Near Offset and Zero Offset Seismic Data Recording | US: 9/4/2009 | US: 12/584474 Argentina Bolivia Colombia PCT Saudi Arabia Venezuela Filed based on US Case |
Geokinetics Acquisition Company Our ref: 09-26 | Electromagnetic System for Timing Synchronization and Location Determination for Seismic Sensing Systems Having Autonomous (Nodal) Recording Units | US: 12/15/2009 | US: 12/653,493 PCT-Of interest: Australia, Europe, Mexico |
Schedule 5.16
203367771
us\collish ###-###-####.8
Name of Grantor | Patent Application | Application Filing Date | Application Serial Number |
Geokinetics Acquisition Company Our ref: 09-30 | Passive Marine Equipment Recovery Device | US: 9/3/2009 | US: 12/584298 |
Geokinetics Acquisition Company Our ref:09-32 | Impact-Free Magnetic Repulsion Impulse Seismic Source (PGS- 09-32) Magnetic Mass Lift Impulsive Seismic Energy Source Including Attracting and Repulsing Electromagnets | US: 8/6/2009 Saudi Arabia 8/3/2010 | US: 12/462,643 PCT Of Interest: Australia, Brazil, Europe, Indonesia, Mexico Saudi Arabia: 110310633 |
Geokinetics Acquisition Company Our ref:09-39 | Magnetic Mass-Lift Impulsive Seismic Energy Source Including Repelling Electromagnetics and Reaction Mass Damping | US: 12/15/2009 | US: 12/653,494 PCT Saudi Arabia |
Geokinetics Acquisition Company Our ref: Geo 10-01 | Near offset Seismic Data Fortification Process Method to Improve Spatial Sampling of Vertical Motion of Seismic Wavefields on the Fee Surface of the Earth by Utilizing Horizontal Rotational Motion and Vertical Motion Sensors | US: 9/14/2010 | US: 61/382,789 |
Geokinetics Acquisition Company Our ref: GEO-10-02 PROV modified | Method to Improve Spatial Sampling of Vertical Motion of Seismic Wavefields on the Fee Surface of the Earth by Utilizing Horizontal Rotational Motion and Vertical Motion Sensors | 10/7/2010 | US: 61/390,938 |
Schedule 5.16
203367771
us\collish ###-###-####.8
Name of Grantor | Patent Application | Application Filing Date | Application Serial Number |
Geokinetics Acquisition Company Our ref: GEO-10-03 PROV | Method to Improve Spatial Sampling of Vertical Motion of Seismic Wavefields on the Fee Surface of the Earth by Utilizing Horizontal Rotational Motion and Vertical Motion Sensors | 10/7/2010 | US: 61/391,071 |
TRADEMARKS
Schedule 5.16
203367771
us\collish ###-###-####.8
Name of Grantor | Trademark | Registration Date | Registration Number |
Geokinetics Inc. | “Geokinetics”for Geophysical Services for the Oil and gas Industries, Namely, Seismic Data Acquisition and Processing, in Class 42 | November 11, 2008 | US: 3,530,976 |
Geokinetics Inc. | | February 3, 2009 | US: 3,569,707 |
for Geophysical Services for the Oil and gas Industries, Namely, Seismic Data Acquisition and Processing, in Class 42 | |||
Geokinetics Inc. | SOLID STATE GEOPHYSICAL | 08/21/2008 | Canada: 721599 |
Geokinetics Inc. | TRACE ENERGY SERVICS T | 10/08/2008 | Canada: 725554 |
Geokinetics Inc. | SOLID STATE GEOPHYSICAL | 06/17/2008 | Canada: 716741 |
Geokinetics Inc. | GEOKINETICS | 01/10/2008 | Canada: 704377 |
Geokinetics Inc. | GEOKINETICS | 01/10/2008 | Canada: 704378 |
Geokinetics Processing, Inc. [trademark in the company’s original name - Geophysical Development Corporation] | GDCMOD | 04/10/2007 | US: 3226728 |
Schedule 5.16
203367771
us\collish ###-###-####.8
Name of Grantor | Trademark | Registration Date | Registration Number |
Geokinetics Processing, Inc. [trademark in the company’s original name - Geophysical Development Corporation] | JROUGE | 09/26/2006 | US: 3147814 |
Geokinetics Processing, Inc. [trademark in the company’s original name - Geophysical Development Corporation] | SOLID | 10/17/2006 | US: 3156555 |
Geokinetics Processing, Inc. [trademark in the company’s original name - Geophysical Development Corporation] | ETVIEW | 07/11/2006 | US: 3114007 |
Geokinetics Processing, Inc. [trademark in the company’s original name - Geophysical Development Corporation] | ETHOS | 10/10/2006 | US: 3153091 |
Geokinetics Processing, Inc. [trademark in the company’s original name - Geophysical Development Corporation] | GDC TILES | 11/06/2007 | US: 3329082 |
Geokinetics International Holdings, Inc. [trademark in the company’s original name –Grant Geophysical, Inc.] | G | 08/07/2001 | US: 2476496 |
Schedule 5.16
203367771
us\collish ###-###-####.8
Geokinetics International Holdings, Inc. [trademark in the company’s original name –Grant Geophysical, Inc.] | GRANT GEOPHYSICAL | 02/27/1996 | US: 1959013 |
Schedule 5.16
203367771
us\collish ###-###-####.8
TRADEMARK APPLICATIONS
None.
COPYRIGHTS
None.
COPYRIGHT APPLICATIONS
None.
Schedule 5.16
203367771
us\collish ###-###-####.8
SCHEDULE 7.01(b)
Existing Liens
Existing Liens
Collateralized Letters of Credit and Bonds
Line of Credit / CD# | Entity | Originating Bank | Beneficiary | USD Amount | Maturity Date |
24641-SA | Geokinetics USA, Inc. | Frost Bank | State of Colorado | $25,000 | 7/9/13 |
23376-SA | Geokinetics USA, Inc. | Frost Bank | State of Montana | $10,000 | 11/16/13 |
25646-SA | Geokinetics USA, Inc. | Frost Bank | State of Oklahoma | $235,000 | 5/2/13 |
7004688 | Geokinetics USA, Inc. | Bank of North Dakota | State of North Dakota | $50,000 | 11/2/13 |
7008909 | Geokinetics USA, Inc. | Bank of North Dakota | State of North Dakota | $50,000 | 3/20/13 |
60133/60134 | Geokinetics USA, Inc. | Community National Bank | State of Oklahoma | $50,000 | 3/6/14 |
55100 | Geokinetics USA, Inc. | Community National Bank | State of Colorado | $25,000 | 3/6/14 |
LGM7092000975 | Geokinetics Geophysical Malaysia Sdn. Bhd. | OCBC Bank (Malaysia) Bhd | Customer – Malaysia Project | $5,732 | 2/28/13 |
LGM7092000900 | Geokinetics Geophysical Malaysia Sdn. Bhd. | OCBC Bank (Malaysia) Bhd | Customer – Malaysia Project | $322,581 | 1/26/13 |
14470 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Indemco | $25,000 | 8/24/13 |
14123 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Indemco | $112,500 | 7/31/13 |
15294 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Indemco | $125,000 | 9/21/13 |
15293 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Indemco | $150,000 | 9/21/13 |
15772 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Indemco | $75,000 | 10/10/13 |
15775 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Indemco | $75,000 | 10/10/13 |
Schedule 7.01(b)
203367771
us\collish ###-###-####.8
Line of Credit / CD# | Entity | Originating Bank | Beneficiary | USD Amount | Maturity Date |
15776 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Indemco | $75,000 | 10/10/13 |
16925 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Indemco | $10,000 | 1/10/14 |
17520 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Indemco | $10,000 | 1/13/14 |
18111 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Indemco | $77,245 | 12/10/13 |
18112 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Indemco | $10,000 | 12/14/13 |
18483 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Indemco | $25,000 | 12/19/13 |
21082 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Indemco | $250,000 | 1/18/14 |
23178 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Indemco | $100,000 | 2/12/14 |
663939/665320 | Geokinetics Services Corp. | Wells Fargo Bank N.A. | Banque Exterieure d’Algerie | $227,500 | Evergreen Clause |
11947 | Geokinetics Services Corp. | Wells Fargo Bank N.A. | Banque Exterieure d’Algerie | $21,359 | 4/28/13 |
12827 | Geokinetics Services Corp. | Wells Fargo Bank N.A. | Banque Exterieure d’Algerie | $61,820 | 6/20/13 |
7600 | Geokinetics Services Corp | Wells Fargo Bank N.A. | American Express | $500,000 | 4/12/13 |
13356 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Kuehne & Nagel | $33,000 | 6/15/13 |
13927 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Customer – Bangladesh Project | $1,456,376 | 3/31/13 |
17525 | Geokinetics Services Corp | Wells Fargo Bank N.A. | Fleetcor Technologies | $180,000 | 12/5/13 |
Collateral Deposits
Schedule 7.01(b)
203367771
us\collish ###-###-####.8
COUNTRY | PARTY | USD AMOUNT |
United States | Wells Fargo Bank N.A. | $50,000 |
United States | Wells Fargo Bank N.A. | $200,000 |
United States | Indemco | $500,000 |
United States | RLI Insurance Co. | $335,000 |
Brazil | Banco do Brazil | $2,038,000 |
Schedule 7.01(b)
203367771
us\collish ###-###-####.8
UCC Financing Statements
Filing Type | Debtor | Secured Party | Filing Location | Filing Number | Date of Filing | Collateral Description |
Initial Filing (expires 4/11/13) | Geokinetics International Holdings, Inc. | The CIT Group/Equipment Financing, Inc. | Delaware | 2008 1283033 | 4/11/08 | (i) All of the equipment, et al, subject to the terms of the Master Lease Agreement and as set forth on Schedule I thereto, (ii) all software related to the Equipment, (iii) all insurance policies covering the Equipment and (iv) all proceeds of the foregoing |
Amendment | 2008 1626892 | 5/9/08 | The Equipment described on Schedule A attached thereto | |||
Initial Filing (expires 2/12/15) | Geokinetics International Holdings, Inc. | U.S. Bank National Association, as Collateral Trustee | Delaware | 2010 0487128 | 2/12/10 | All personal property and other assets, excluding Excluded Property (see Exhibit A attached thereto) |
Initial Filing (expires 12/23/14) | Geokinetics Holdings USA, Inc. | U.S. Bank National Association, as Collateral Agent | Delaware | 2009 ###-###-#### | 12/23/09 | (i) Deposit account no. 4122005382 in the name of Geokinetics Holdings USA, Inc. with Wells Fargo (the “Collateral Account”), all financial assets (as defined in the UCC) credited to the Collateral Account, all security entitlements (as defined in the UCC) with respect to such financial assets, and other property received or distributed in respect of such assets and entitlements, (ii) all proceeds, (iii) all cash credited to the Collateral Account |
Initial Filing (expires 2/12/15) | Geokinetics Holdings USA, Inc. | U.S. Bank National Association, as Collateral Trustee | Delaware | 2010 0487094 | 2/12/10 | All personal property and other assets, excluding Excluded Property (see Exhibit A attached thereto) |
Initial Filing (expires 2/12/15) | Geokinetics Acquisition Company | U.S. Bank National Association, as Collateral Trustee | Delaware | 2010 0487185 | 2/12/10 | All personal property and other assets, excluding Excluded Property (see Exhibit A attached thereto) |
Schedule 7.01(b)
203367771
us\collish ###-###-####.8
Filing Type | Debtor | Secured Party | Filing Location | Filing Number | Date of Filing | Collateral Description |
Initial Filing (expires 4/11/13) | Advanced Seismic Technology, Inc. | The CIT Group/Equipment Financing, Inc. | Texas | 08-0012632567 | 4/11/08 | (i) All of the equipment, et al, subject to the terms of the Master Lease Agreement and as set forth on Schedule I thereto, (ii) all software related to the Equipment, (iii) all insurance policies covering the Equipment and (iv) all proceeds of the foregoing |
Amendment | 08- 00160855 | 5/9/08 | The equipment described on Schedule A thereto | |||
Initial Filing (expires 5/1/14) | Advanced Seismic Technology, Inc. | Northstar Trade Finance Inc. | Texas | 09-0012437420 | 5/1/09 | Equipment consisting of 15 compressors and accessories as per the National Compressed Air Canada Ltd. invoice number 48109 dated January 29, 2009, including all increases, additions, accretions and accessions to, and all extensions, substitutions or replacement of, any of the Equipment, and to all proceeds and personal property in any form derived directly or indirectly from any dealing with all or any part of such Equipment and all or any part of the proceeds. The security interest evidenced by this filing is a purchase money security interest under 9-324 of the UCC. |
Initial Filing (expires 2/16/15) | Advanced Seismic Technology, Inc. | U.S. Bank National Association, as Collateral Trustee | Texas | 10-0004402930 | 2/16/10 | All personal property and other assets, excluding Excluded Property (see Exhibit A attached thereto) |
Initial Filing (expires 4/11/13) | Geokinetics, Processing, Inc. | The CIT Group/Equipment Financing, Inc. | Texas | 80012632678 | 4/11/08 | (i) All of the equipment, et al, subject to the terms of the Master Lease Agreement and as set forth on Schedule I thereto, (ii) all software related to the Equipment, (iii) all insurance policies covering the Equipment and (iv) all proceeds of the foregoing |
Amendment | 800160852 | 5/9/08 | Adds the equipment described on Schedule A attached thereto | |||
Initial Filing (expires 2/16/15) | Geokinetics, Processing, Inc. | U.S. Bank National Association, as Collateral Trustee | Texas | 100004403567 | 2/16/10 | All personal property and other assets, excluding Excluded Property (see Exhibit A attached thereto) |
Schedule 7.01(b)
203367771
us\collish ###-###-####.8
Filing Type | Debtor | Secured Party | Filing Location | Filing Number | Date of Filing | Collateral Description |
Initial Filing (expires 4/11/13) | Geokinetics Management, Inc. | The CIT Group/Equipment Financing, Inc. | Texas | 80012632456 | 4/11/08 | (i) All of the equipment, et al, subject to the terms of the Master Lease Agreement and as set forth on Schedule I thereto, (ii) all software related to the Equipment, (iii) all insurance policies covering the Equipment and (iv) all proceeds of the foregoing |
Amendment | 800160850 | 5/9/08 | Adds the equipment described on Schedule A attached thereto | |||
Initial Filing (expires 2/16/15) | Geokinetics Management, Inc. | U.S. Bank National Association, as Collateral Trustee | Texas | 100004403941 | 2/16/10 | All personal property and other assets, excluding Excluded Property (see Exhibit A attached thereto) |
Initial Filing (expires 4/11/13) | Geokinetics Services Corp. | The CIT Group/Equipment Financing, Inc. | Texas | 80012632789 | 4/11/08 | (i) All of the equipment, et al, subject to the terms of the Master Lease Agreement and as set forth on Schedule I thereto, (ii) all software related to the Equipment, (iii) all insurance policies covering the Equipment and (iv) all proceeds of the foregoing |
Amendment | 800160854 | 5/9/08 | Adds the equipment described on Schedule A attached thereto | |||
Initial Filing (expires 8/25/14) | Geokinetics Services Corp. | IBM Credit LLC | Texas | 90023543733 | 8/24/09 | All equipment and related software, including 993-005, 9993-GBS, 9994-001, all additions, replacements, et al, all proceeds, including insurance payments |
Initial Filing (expires 9/18/14) | Geokinetics Services Corp. | IBM Credit LLC | Texas | 90026311759 | 9/18/09 | All equipment and related software, including 993-005, 9993-GBS, all additions, replacements, et al, all proceeds, including insurance payments |
Initial Filing (expires 9/22/14) | Geokinetics Services Corp. | IBM Credit LLC | Texas | 90026579371 | 9/22/09 | All equipment and related software, including 9994-001, all additions, replacements, et al, all proceeds, including insurance payments |
Initial Filing (expires 2/16/15) | Geokinetics Services Corp. | U.S. Bank National Association, as Collateral Trustee | Texas | 100004403820 | 2/16/10 | All personal property and other assets, excluding Excluded Property (see Exhibit A attached thereto) |
Schedule 7.01(b)
203367771
us\collish ###-###-####.8
Filing Type | Debtor | Secured Party | Filing Location | Filing Number | Date of Filing | Collateral Description |
Initial Filing (expires 4/11/13) | Geokinetics Inc. | The CIT Group/Equipment Financing, Inc. | Delaware | 2008-1284007 | 4/11/08 | (i) All of the equipment, et al, subject to the terms of the Master Lease Agreement and as set forth on Schedule I thereto, (ii) all software related to the Equipment, (iii) all insurance policies covering the Equipment and (iv) all proceeds of the foregoing |
Amendment | 2008-1626876 | 5/9/08 | The equipment described on Schedule A thereto | |||
Initial Filing (expires 10/1/13) | Geokinetics Inc. | CSI Leasing, Inc. | Delaware | 2008 ###-###-#### | 10/1/08 | Various Computer Equipment leased to Lessee pursuant to Equipment Schedule 2 to Master Lease 243303 |
Initial Filing (expires 7/17/14) | Geokinetics Inc. | CSI Leasing, Inc. | Delaware | 2009 ###-###-#### | 7/17/09 | Various Computer Equipment leased to Lessee pursuant to Equipment Schedule 5 to Master Lease 243303 |
Amendment | 2009 ###-###-#### | 11/9/09 | Amends to specify equipment and serial numbers, see Exhibit A attached thereto | |||
Initial Filing (expires 9/24/14) | Geokinetics Inc. | CSI Leasing, Inc. | Delaware | 2009 ###-###-#### | 9/24/09 | Various Computer Equipment leased to Lessee pursuant to Equipment Schedule 6 to Master Lease 243303 |
Amendment | 2010-0644108 | 2/25/10 | Amends to specify equipment and serial numbers, see Exhibit A attached thereto | |||
Initial Filing (expires 9/24/14) | Geokinetics Inc. | CSI Leasing, Inc. | Delaware | 2010-0007553 | 1/4/10 | Various Computer Equipment leased to Lessee pursuant to Equipment Schedule 7 to Master Lease 243303 |
Assignment | PNCEF, LLC | 2010-1161714 | 4/5/10 | Amends to specify equipment and serial numbers, see Exhibit A attached thereto | ||
Initial Filing (expires 2/12/15) | Geokinetics Inc. | U.S. Bank National Association, as Collateral Trustee | Delaware | 2010-0486625 | 2/12/10 | All personal property and other assets, excluding Excluded Property (see Exhibit A attached thereto) |
Amendment | 2012-1305970 | 4/4/12 | Deletes collateral (certain 2D and 3D seismic data) described in Exhibit A attached thereto | |||
Schedule 7.01(b)
203367771
us\collish ###-###-####.8
Filing Type | Debtor | Secured Party | Filing Location | Filing Number | Date of Filing | Collateral Description |
Initial Filing (expires 3/10/15) | Geokinetics Inc. | CSI Leasing, Inc. | Delaware | 2010-0807580 | 3/10/10 | Various Computer Equipment leased to Lessee pursuant to Equipment Schedule 8 to Master Lease 243303 |
Initial Filing (expires 10/28/15) | Geokinetics Inc. | Dell Financial Services L.L.C. | Delaware | 2010 ###-###-#### | 10/28/10 | All computer equipment and other equipment, software and services described in the Master Lease Agreement, along with substitutions, additions, replacements and proceeds thereof |
Initial Filing (expires 12/1/16) | Geokinetics Inc. | CSI Leasing, Inc. | Delaware | 2011 ###-###-#### | 12/1/11 | Equipment, software and personal property described on Exhibit A attached thereto, leased to Lessee pursuant to Equipment Schedule 9 to Master Lease 243303 |
Amendment | 2012-0215634 | 1/18/12 | Amends to specify collateral and serial numbers, see Exhibit A attached thereto | |||
Initial Filing (expires 10/3/17) | Geokinetics Inc. | CSI Leasing, Inc. | Delaware | 2012 ###-###-#### | 10/3/12 | Equipment, software and personal property, leased to Lessee pursuant to Equipment Schedule 10 to Master Lease 243303 (see filing for specific descriptions) |
Initial Filing (expires 4/11/13) | Geokinetics USA, Inc. | The CIT Group/Equipment Financing, Inc. | Texas | 80012633033 | 4/11/08 | (i) All of the equipment, et al, subject to the terms of the Master Lease Agreement and as set forth on Schedule I thereto, (ii) all software related to the Equipment, (iii) all insurance policies covering the Equipment and (iv) all proceeds of the foregoing |
Amendment | 800160847 | 5/9/08 | Adds the equipment described on Schedule A attached thereto | |||
Initial Filing (expires 8/27/14) | Geokinetics USA, Inc. | Aram Seismic Rentals, Inc. | Texas | 90024139886 | 8/27/09 | All equipment leased pursuant to the Master Lease Agreement, with all parts, accessories, additions, replacements, et al, proceeds thereof, goods, inventory, chattel paper, investment property, documents of title, instruments, money, intangibles, accounts (all as defined in the Alberta Personal Property Security Act) and insurance proceeds |
Schedule 7.01(b)
203367771
us\collish ###-###-####.8
Filing Type | Debtor | Secured Party | Filing Location | Filing Number | Date of Filing | Collateral Description |
Initial Filing (expires 2/16/15) | Geokinetics USA, Inc. | U.S. Bank National Association, as Collateral Trustee | Texas | 100004403709 | 2/16/10 | All personal property and other assets, excluding Excluded Property (see Exhibit A attached thereto) |
Initial Filing (expires 7/21/15) | Geokinetics USA, Inc. | Capital One NA, Mobilease, Inc. | Texas | 100020997957 | 7/21/10 | One 2010 Rodeo Caterpillar Forklift |
Initial Filing (expires 4/11/13) | Geokinetics International, Inc. | The CIT Group/Equipment Financing, Inc. | Texas | 80012633144 | 4/11/08 | (i) All of the equipment, et al, subject to the terms of the Master Lease Agreement and as set forth on Schedule I thereto, (ii) all software related to the Equipment, (iii) all insurance policies covering the Equipment and (iv) all proceeds of the foregoing |
Amendment | 800160848 | 5/8/08 | Adds the equipment described on Schedule A attached thereto | |||
Initial Filing (expires 2/16/15) | Geokinetics International, Inc. | U.S. Bank National Association, as Collateral Trustee | Texas | 100004403688 | 2/16/10 | All personal property and other assets, excluding Excluded Property (see Exhibit A attached thereto) |
Schedule 7.01(b)
203367771
us\collish ###-###-####.8
SCHEDULE 11.02
Administrative Agent’s Office, Certain Addresses for Notices
Administrative Agent’s Office, Certain Addresses for Notices
Borrower
Geokinetics Holdings USA, Inc.
1500 Citywest Boulevard, Suite 800
Houston, Texas 77042
Attention: Bill Moll
Telephone: (281) 848-7692
Facsimile: (713) 850-7330
1500 Citywest Boulevard, Suite 800
Houston, Texas 77042
Attention: Bill Moll
Telephone: (281) 848-7692
Facsimile: (713) 850-7330
With a copy to:
Geokinetics Holdings USA, Inc.
1500 Citywest Boulevard, Suite 800
Houston, Texas 77042
Attention: Gary L. Pittman
Telephone: (281) 848-6823
Facsimile: (713) 850-7330
1500 Citywest Boulevard, Suite 800
Houston, Texas 77042
Attention: Gary L. Pittman
Telephone: (281) 848-6823
Facsimile: (713) 850-7330
Administrative Agent
Cantor Fitzgerald Securities
900 West Trade Street, Suite 725
Charlotte, North Carolina 28202
Attention: Bobbie Young
Facsimile: (646) 390-1764
Schedule 11.02
203367771
us\collish ###-###-####.8
