DE | 76-0447780 | |
(State or other jurisdiction of | (IRS Employer | |
incorporation) | Identification No.) |
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Information to be included in the report
The Second Amendment to Loan Agreement amends the Loan Agreement by, among other things, (i) amending the definition of "Ratio of Total Liabilities to Tangible Net Worth" to exclude certain funds allocated to the Company's Deferred Revenue account from the calculation and (ii) excluding funds allocated to the Company's expansion project, as described in the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2006, from the calculation of the capital expenditure limitation. The Company, along with two of its other subsidiaries, are still guarantors of the Borrowers' obligations under the Loan Agreement, as amended by the Second Amendment to Loan Agreement.
The foregoing description of the Second Amendment to Loan Agreement is qualified in its entirety by reference to the Second Amendment to Loan Agreement, which is filed as Exhibit 10.1 hereto, and is incorporated into this report by reference.
OYO GEOSPACE CORPORATION | ||||||||
Date: June 30, 2006 | By: | /s/ Thomas T. McEntire | ||||||
Thomas T. McEntire | ||||||||
Chief Financial Officer | ||||||||
Exhibit No. | Description | |
EX-10.1 | Second Amendment to Loan Agreement dated June 16, 2006, between the Borrowers and Regions Bank (f/k/a Union Planters Bank, N.A.). |