Common use of Aggregate Elected Revolving Commitment Amounts Clause in Contracts

Aggregate Elected Revolving Commitment Amounts. In reliance on the representations, warranties, covenants and agreements contained in this Amendment, subject to the satisfaction of the conditions precedent set forth in Section 5 hereof, and in connection with the Borrowing Base reaffirmation provided for in Section 4.1 hereof, the Administrative Agent, the Lenders and the Borrower agree that, effective as of the Ninth Amendment Effective Date, the Aggregate Elected Revolving Commitment Amounts are hereby reaffirmed at $2,500,000,000, and shall remain at $2,500,000,000 until subsequently decreased or increased pursuant to Section 2.06 of the Credit Agreement.

Appears in 1 contract

Sources: Credit Agreement (Permian Resources Corp)

Aggregate Elected Revolving Commitment Amounts. In reliance on the representations, warranties, covenants and agreements contained in this Amendment, subject to the satisfaction of the conditions precedent set forth in Section 5 4 hereof, and in connection with the Borrowing Base reaffirmation provided for in Section 4.1 3.1 hereof, the Administrative Agent, the Lenders and the Borrower agree that, effective as of the Ninth Eighth Amendment Effective Date, the Aggregate Elected Revolving Commitment Amounts are hereby reaffirmed at $2,500,000,000, and shall remain at $2,500,000,000 until subsequently decreased or increased pursuant to Section 2.06 of the Credit Agreement.

Appears in 1 contract

Sources: Credit Agreement (Permian Resources Corp)

Aggregate Elected Revolving Commitment Amounts. In reliance on the representations, warranties, covenants and agreements contained in this Amendment, subject to the satisfaction of the conditions precedent set forth in Section 5 4 hereof, and in connection with the Borrowing Base reaffirmation increase provided for in Section 4.1 3.1 hereof, the Administrative Agent, the Lenders and the Borrower agree that, effective as of the Ninth Sixth Amendment Effective Date, the Aggregate Elected Revolving Commitment Amounts are hereby shall be reaffirmed at $2,500,000,0002,000,000,000, and shall remain at $2,500,000,000 2,000,000,000 until subsequently decreased or increased pursuant to Section 2.06 of the Credit Agreement.

Appears in 1 contract

Sources: Credit Agreement (Permian Resources Corp)