SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): |
January 4, 2005 (December 31, 2004) |
SEITEL, INC.
(Exact name of registrant as specified in its charter)
Delaware
(State of Other Jurisdiction of Incorporation)
0-14488 |
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76-0025431 |
(Commission File Number) |
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(IRS Employer Identification No.) |
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10811 S. Westview Circle |
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Building C, Ste. 100. |
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Houston, Texas |
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77043 |
(Address of Principal Executive Offices) |
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(Zip Code) |
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(713) 881-8900 |
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(Registrant's Telephone Number, Including Area Code) |
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Not Applicable |
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(Former name or former address, if changed since last report) |
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Section 1. |
Registrant's Business and Operations |
Item 1.01 |
Entry into a Material Definitive Agreement |
This 8-K is being filed in connection
with Seitel, Inc. entering into Amendment No. Three to Loan and Security
Agreement dated as of December 31, 2004 with Wells Fargo Foothill, Inc. The Amendment
No. Three to Loan and Security Agreement amends the terms of Seitel's Loan and
Security Agreement, dated as of April 16, 2004, as amended by Amendment No. 1
to Loan and Security Agreement, dated as of June 23, 2004, and by Amendment No.
Two to Loan and Security Agreement, dated as of June 29, 2004, in order to
modify the financial covenant in Section 7.18(a) of the Loan Agreement,
pertaining to Minimum Cash Operating Income.
The foregoing description of the Amendment
No. Three to Loan and Security Agreement does not purport to be complete and is
qualified in its entirety by reference to the Amendment to Loan and Security
Agreement, a copy of which is attached hereto as Exhibit 10.1 and is
incorporated herein by reference.
Section 9. |
Financial Statements and Exhibits |
Item 9.01 |
Financial Statements and Exhibits |
(c) Exhibits.
10.1 Amendment No. Three to Loan and Security Agreement dated as of December 31, 2004
with Wells Fargo Foothill, Inc.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report
to be signed on its behalf by the undersigned hereto duly authorized.
Date: |
January 4, 2005 |
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SEITEL, INC. |
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By: |
/s/ Robert D. Monson |
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Name: |
Robert D. Monson |
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Title: |
Chief Executive Officer and President |
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EXHIBIT INDEX
Exhibit |
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Page |
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10.1 |
Amendment No. Three to Loan and Security Agreement dated as of December 31, 2004 with Wells Fargo Foothill, Inc. |
4 |