Borrowing Base Limit. The Borrower and the Lenders agree: (a) as of the Closing, the Borrowing Base Limit is set at Cdn. $275,000,000; and (b) the Borrowing Base Limit referred to in Section 7.2(a) shall be subject to adjustment and redetermination as provided for in this Article 7.
Appears in 1 contract
Sources: Syndicated Credit Agreement (Advantage Oil & Gas Ltd.)
Borrowing Base Limit. The Borrower and the Lenders agree:
(a) as of the Closing, the Borrowing Base Limit is set at Cdn. $275,000,000400,000,000; and
(b) the Borrowing Base Limit referred to in Section 7.2(a8.2(a) shall be subject to adjustment and redetermination as provided for in this Article 78.
Appears in 1 contract
Sources: Syndicated Credit Agreement (Advantage Oil & Gas Ltd.)
Borrowing Base Limit. The Borrower and the Lenders agree:
(a) as of the ClosingEffective Time, the Borrowing Base Limit is set at shall be Cdn. $275,000,000200,000,000; and
(b) the Borrowing Base Limit referred to in Section 7.2(a) shall be subject to adjustment and redetermination as provided for in this Article 7.. -61- Execution Form CAL_LAW\ 1265540\5
Appears in 1 contract
Borrowing Base Limit. The Borrower and the Lenders agree:
(a) as of the Closing, the Borrowing Base Limit is set at Cdn. $275,000,000525,000,000; and
(b) the Borrowing Base Limit referred to in Section 7.2(a) shall be subject to adjustment and redetermination as provided for in this Article 7.
Appears in 1 contract
Sources: Syndicated Credit Agreement (Advantage Oil & Gas Ltd.)
Borrowing Base Limit. The Borrower and the Revolving Credit Facility Lenders agree:
(a) as of the ClosingEffective Time, the Borrowing Base Limit is set at shall be Cdn. $275,000,000160,000,000; and
(b) the Borrowing Base Limit referred to in Section 7.2(a) shall be subject to adjustment and redetermination as provided for in this Article 7.
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