Borrowing Base Redetermination. The Lenders have agreed that the amount of the Borrowing Base shall be reaffirmed at $80,000,000 and the Monthly Reduction Amount shall be reaffirmed at $0, until the Borrowing Base and Monthly Reduction Amount are further redetermined pursuant to the terms of Section 2.08 of the Agreement.
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Sources: Credit Agreement, Credit Agreement (Earthstone Energy Inc)
Borrowing Base Redetermination. The Lenders have agreed that the amount of the Borrowing Base shall be reaffirmed at increased to $80,000,000 185,000,000 and the Monthly Reduction Amount shall be reaffirmed at $0, until the Borrowing Base and Monthly Reduction Amount are further redetermined pursuant to the terms of Section 2.08 of the Credit Agreement.
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Borrowing Base Redetermination. The Lenders have agreed that the amount of the Borrowing Base shall be reaffirmed at increased to $80,000,000 225,000,000 and the Monthly Reduction Amount shall be reaffirmed at $0, until the Borrowing Base and Monthly Reduction Amount are further redetermined pursuant to the terms of Section 2.08 of the Credit Agreement.
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