Common use of Borrowing Base Redetermination Clause in Contracts

Borrowing Base Redetermination. For the period from and including the Amendment Effective Date to but excluding the next Redetermination Date, the amount of the Borrowing Base shall be equal to One Billion One Hundred Million Dollars ($1,100,000,000). Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Sections 2.07(e), 8.12(b), 8.13(c), 9.12 and 9.19.

Appears in 1 contract

Sources: Credit Agreement (Bill Barrett Corp)

Borrowing Base Redetermination. For the period from and including the First Amendment Effective Date to but excluding the next Redetermination Date, the amount of the Borrowing Base shall be equal to One Billion One Hundred Million Dollars ($1,100,000,000)240,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Sections 2.07(e), 8.12(b2.07(f), 8.13(c), 9.12 and 9.198.12(c) or 9.12(d) or pursuant to Section 3.3 of this First Amendment.

Appears in 1 contract

Sources: Credit Agreement (Parsley Energy, Inc.)

Borrowing Base Redetermination. For the period from and including the Amendment Effective Date of this First Amendment to but excluding the next Redetermination Date, the amount of the Borrowing Base shall be equal to One Billion One Hundred Million Dollars ($1,100,000,000)50,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Sections Section 2.07(e), 8.12(bSection 8.13(c) or Section 9.12(d), 8.13(c), 9.12 and 9.19.

Appears in 1 contract

Sources: Credit Agreement (Dune Energy Inc)

Borrowing Base Redetermination. For the period from and including the First Amendment Effective Date to but excluding the next Redetermination Date, the amount of the Borrowing Base shall be equal to One Billion One Hundred Million Dollars ($1,100,000,000)1,500,000,000.00. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Sections 2.07(eSection 8.13(c) or Section 9.12(d). For the avoidance of doubt, 8.12(b)the redetermination herein shall constitute the October 1, 8.13(c)2013 Scheduled Redetermination and the next Scheduled Redetermination shall be the April 1, 9.12 and 9.19.2014

Appears in 1 contract

Sources: Credit Agreement (Oasis Petroleum Inc.)

Borrowing Base Redetermination. For the period from and including the First Amendment Effective Date to but excluding the next Redetermination Date, the amount of the Borrowing Base shall be equal to One Billion One Hundred Sixty Million Dollars ($1,100,000,00060,000,000). Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Sections 2.07(e), 8.12(b), 8.13(c), 9.12 and 9.19) or 9.12(d) of the Credit Agreement.

Appears in 1 contract

Sources: Credit Agreement (Diamondback Energy, Inc.)