AMENDMENT NO. 2 This Amendment No. 2 dated as of March 18, 2002 ("Agreement") is among Global Industries, Ltd., a Louisiana corporation ("Company"), and Global Offshore Mexico, S. de. R.L. de C.V. ("Mexican Borrower"; which, with the Company, are...Global Industries LTD • March 19th, 2002 • Oil & gas field services, nec • New York
AMENDMENT NO. 2 This Amendment No. 2 dated as of March 18, 2002 ("Agreement") is among Global Industries, Ltd., a Louisiana corporation ("Company"), and Global Offshore Mexico, S. de. R.L. de C.V. ("Mexican Borrower"; which, with the Company, are referred to as the "Borrowers"); the Lenders (as defined below) executing this Agreement; and Bank One, NA, as administrative agent for the Lenders ("Administrative Agent"). INTRODUCTION A. The Borrowers, the Lenders, and the Administrative Agent are parties to the First Amended and Restated Credit Agreement dated as of August 7, 2001, as amended by Amendment No. 1 dated as of November 30, 2001 (as amended and restated, the "Credit Agreement"). B. The Borrowers, the Lenders, and the Administrative Agent desire to amend the Credit Agreement in certain respects as set forth herein. THEREFORE, the Borrowers, the Lenders, and the Administrative Agent hereby agree as follows: Section 1. Definitions; References. Unless otherwise defined in this Agre
AMENDMENT NO. 1 This Amendment No. 1 dated as of November 30, 2001 ("Agreement") is among Global Industries, Ltd., a Louisiana corporation ("Company"), and Global Offshore Mexico, S. de. R.L. de C.V. ("Mexican Borrower"; which, with the Company, are...Global Industries LTD • March 19th, 2002 • Oil & gas field services, nec • New York
AMENDMENT NO. 1 This Amendment No. 1 dated as of November 30, 2001 ("Agreement") is among Global Industries, Ltd., a Louisiana corporation ("Company"), and Global Offshore Mexico, S. de. R.L. de C.V. ("Mexican Borrower"; which, with the Company, are referred to as the "Borrowers"); the Lenders (as defined below) executing this Agreement; and Bank One, NA, as administrative agent for the Lenders ("Administrative Agent"). INTRODUCTION A. The Borrowers, the Lenders, and the Administrative Agent are parties to the First Amended and Restated Credit Agreement dated as of August 7, 2001 (as amended and restated, the "Credit Agreement"). B. The Borrowers, the Lenders, and the Administrative Agent desire to amend the Credit Agreement in certain respects as set forth herein. THEREFORE, the Borrowers, the Lenders, and the Administrative Agent hereby agree as follows: Section 1. Definitions; References. Unless otherwise defined in this Agreement, terms used in this Agreement which are defined in t
