Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 31 Section 1.04 Terms Generally; Rules of Construction 31 Section 1.05 Accounting Terms and Determinations; GAAP 31 Section 2.01 Commitments 32 Section 2.02 Loans and Borrowings 32 Section 2.03 Requests for Borrowings 33 Section 2.04 Interest Elections 34 Section 2.05 Funding of Borrowings 35 Section 2.06 Termination and Reduction of Aggregate Maximum Credit Amount; Increase and Reduction of Aggregate Elected Commitment Amount 36 Section 2.07 Borrowing Base 40 Section 2.08 Letters of Credit 43 Section 2.09 Defaulting Lenders 49
Appears in 2 contracts
Sources: Credit Agreement (Memorial Resource Development Corp.), Credit Agreement (Memorial Resource Development Corp.)
Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 31 24 Section 1.04 Terms Generally; Rules of Construction 31 24 Section 1.05 Accounting Terms and Determinations; GAAP 31 24 Section 2.01 Commitments 32 2525 Section 2.02 Loans and Borrowings 32 2525 Section 2.03 Requests for Borrowings 33 26 Section 2.04 Interest Elections 34 27 Section 2.05 Funding of Borrowings 35 28 Section 2.06 Termination Termination, Reduction and Reduction Increase of Aggregate Maximum Credit Amount; Increase and Reduction of Aggregate Elected Commitment Amount 36 Amounts 2929 Section 2.07 Borrowing Base 40 3130 Section 2.08 Letters of Credit 43 3333 Section 2.09 Swingline Commitment 37 Section 2.10 Procedure for Swingline Borrowing 3838 Section 2.11 Defaulting Lenders 493939
Appears in 2 contracts
Sources: Fifth Amendment to Third Amended and Restated Credit Agreement (HighPoint Resources Corp), Fifth Amendment to Third Amended and Restated Credit Agreement (Bill Barrett Corp)
Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 31 24 Section 1.04 Terms Generally; Rules of Construction 31 25 Section 1.05 Accounting Terms and Determinations; GAAP 31 25 Section 1.06 Rounding 25 Section 2.01 Commitments 32 25 Section 2.02 Loans and Borrowings 32 26 Section 2.03 Requests for Borrowings 33 27 Section 2.04 Interest Elections 34 28 Section 2.05 Funding of Borrowings 35 29 Section 2.06 Termination and Reduction of Aggregate Maximum Credit Amount; Increase and Reduction of Aggregate Elected Commitment Amount 36 Amounts 29 Section 2.07 Borrowing Base 40 30 Section 2.08 Letters of Credit 43 32 Section 2.09 Defaulting Lenders 493.01 Repayment of Loans 37 Section 3.02 Interest 37 Section 3.03 Alternate Rate of Interest 38 Section 3.04 Prepayments 38 Section 3.05 Fees 40
Appears in 2 contracts
Sources: Credit Agreement (Parsley Energy, Inc.), Credit Agreement (Parsley Energy, Inc.)
Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 31 Terms Generally 20 Section 1.04 Terms Generally; Rules of Construction 31 Section 1.05 Accounting Terms and Determinations; GAAP 31 20 Section 2.01 Commitments 32 21 Section 2.02 Loans and Borrowings 32 21 Section 2.03 Requests for Borrowings 33 22 Section 2.04 Interest Elections 34 23 Section 2.05 Funding of Borrowings 35 Borrowing 24 Section 2.06 Termination and Reduction of Aggregate Maximum Credit Amount; Increase and Reduction of Aggregate Elected Commitment Amount 36 Amounts 24 Section 2.07 Borrowing Base 40 25 Section 2.08 Letters of Credit 43 29 Section 2.09 Defaulting Lenders 493.01 Repayment of Loans 34 Section 3.02 Interest 34 Section 3.03 Prepayments 35 Section 3.04 Fees 36
Appears in 1 contract
Sources: Credit Agreement (Constellation Energy Partners LLC)
Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 31 34 Section 1.04 Terms Generally; Rules of Construction 31 34 Section 1.05 Accounting Terms and Determinations; GAAP 31 34 Section 2.01 Commitments 32 35 Section 2.02 Loans and Borrowings 32 35 Section 2.03 Requests for Borrowings 33 36 Section 2.04 Interest Elections 34 37 Section 2.05 Funding of Borrowings 35 38 Section 2.06 Termination and Reduction of Aggregate Maximum Credit Amount; Increase and Reduction of Aggregate Elected Commitment Amount 36 39 Section 2.07 Borrowing Base 40 43 Section 2.08 Letters of Credit 43 46 Section 2.09 Defaulting Lenders 4952 Section 3.01 Repayment of Loans 53 Section 3.02 Interest 53 Section 3.03 Alternate Rate of Interest 54 Section 3.04 Prepayments 55 Section 3.05 Fees 57
Appears in 1 contract
Sources: Credit Agreement (WildHorse Resource Development Corp)
Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 2 Section 1.02 Certain Defined Terms 1 2 Section 1.03 Types of Loans and Borrowings 31 Section 1.04 Terms Generally; Rules of Construction 31 32 Section 1.05 Accounting Terms and Determinations; GAAP 31 32 Section 1.06 Interest Rates; LIBOR Notification 33 Section 1.07 Divisions 33 Section 2.01 Commitments 32 33 Section 2.02 Loans and Borrowings 32 33 Section 2.03 Requests for Borrowings 33 34 Section 2.04 Interest Elections 34 35 Section 2.05 Funding of Borrowings 35 36 Section 2.06 Termination and Reduction of Aggregate Maximum Credit Amount; Increase and Reduction of Aggregate Elected Commitment Amount 36 Amounts 37 Section 2.07 Borrowing Base 40 39 Section 2.08 Borrowing Base Adjustment Provisions 41 Section 2.09 Letters of Credit 43 Section 2.09 Defaulting Lenders 4942
Appears in 1 contract
Sources: Senior Secured Revolving Credit Agreement (Halcon Resources Corp)
Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 31 32 Section 1.04 Terms Generally; Rules of Construction 31 32 Section 1.05 Accounting Terms and Determinations; GAAP 31 32 Section 1.06 Times of Day 33 Section 1.07 Timing of Payment or Performance 33 Section 1.08 Divisions 33 Section 2.01 Commitments 32 33 Section 2.02 Loans and Borrowings 32 33 Section 2.03 Requests for Borrowings 33 34 Section 2.04 Interest Elections 34 35 Section 2.05 Funding of Borrowings 35 36 Section 2.06 Termination and Reduction of Aggregate Maximum Credit Amount; Increase and Reduction of Aggregate Elected Commitment Amount 36 Amounts 37 Section 2.07 Borrowing Base 40 37 Section 2.08 Borrowing Base Adjustment Provisions 39 Section 2.09 Letters of Credit 43 40 Section 2.09 2.10 Defaulting Lenders 4944 Section 2.11 Swing Line Loans 46 Section 2.12 Loans and Borrowings Under Existing Credit Agreements 47
Appears in 1 contract
Sources: Revolving Credit Agreement (Diversified Energy Co PLC)
Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 31 38 Section 1.04 Terms Generally; Rules of Construction 31 38 Section 1.05 Accounting Terms and Determinations; GAAP 31 39 Section 1.06 Times of Day 39 Section 1.07 Timing of Payment or Performance 39 Section 1.08 Interest Rates; LIBOR Notification 40 Section 1.09 Divisions 40 Section 2.01 Commitments 32 41 Section 2.02 Loans and Borrowings 32 41 Section 2.03 Requests for Borrowings 33 42 Section 2.04 Interest Elections 34 42 Section 2.05 Funding of Borrowings 35 44 Section 2.06 Termination and Reduction of Aggregate Maximum Credit Amount; Increase and Reduction of Aggregate Elected Commitment Amount 36 Amounts 44 Section 2.07 Borrowing Base 40 45 Section 2.08 Borrowing Base Adjustment Provisions. 47 Section 2.09 Letters of Credit 43 48 Section 2.09 2.10 Defaulting Lenders 4952
Appears in 1 contract
Sources: Senior Secured Revolving Credit Agreement (Silverbow Resources, Inc.)
Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 31 Terms Generally 20 Section 1.04 Terms Generally; Rules of Construction 31 Section 1.05 Accounting Terms and Determinations; GAAP 31 21 Section 2.01 Loan Commitments 32 21 Section 2.02 Loans and Borrowings 32 21 Section 2.03 Requests for Borrowings 33 22 Section 2.04 Interest Elections 34 23 Section 2.05 Funding of Borrowings 35 Borrowing. 24 Section 2.06 Termination and Reduction of Aggregate Maximum Credit Amount; Increase and Reduction of Aggregate Elected Commitment Amount 36 Amounts 25 Section 2.07 Borrowing Base 40 25 Section 2.08 Letters of Credit 43 Credit. 29 Section 2.09 Defaulting Lenders 493.01 Repayment of Loans 34 Section 3.02 Interest. 34 Section 3.03 Prepayments 35 Section 3.04 Fees 37
Appears in 1 contract
Sources: Credit Agreement (Constellation Energy Partners LLC)
Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 31 38 Section 1.04 Terms Generally; Rules of Construction 31 38 Section 1.05 Accounting Terms and Determinations; GAAP 31 39 Section 1.06 Times of Day 39 Section 1.07 Timing of Payment or Performance 39 Section 1.08 Interest Rates; Benchmark Notification 39 Section 1.09 Divisions 40 Section 2.01 Commitments 32 40 Section 2.02 Loans and Borrowings 32 40 Section 2.03 Requests for Borrowings 33 41 Section 2.04 Interest Elections 34 42 Section 2.05 Funding of Borrowings 35 43 Section 2.06 Termination and Reduction of Aggregate Maximum Credit AmountAmounts; Increase Increase, Reduction, and Reduction Termination of Aggregate Elected Commitment Amount 36 44 Section 2.07 Borrowing Base 40 47 Section 2.08 Borrowing Base Adjustment Provisions. 49 Section 2.09 Letters of Credit 43 50 Section 2.09 2.10 Defaulting Lenders 4954
Appears in 1 contract
Sources: Senior Secured Revolving Credit Agreement (Silverbow Resources, Inc.)
Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 31 26 Section 1.04 Terms Generally; Rules of Construction 31 26 Section 1.05 Accounting Terms and Determinations; GAAP 31 26 Section 2.01 Commitments 32 27 Section 2.02 Loans and Borrowings 32 27 Section 2.03 Requests for Borrowings 33 28 Section 2.04 Interest Elections 34 29 Section 2.05 Funding of Borrowings 35 30 Section 2.06 Termination and Reduction of Aggregate Maximum Credit AmountAmounts; Increase and Reduction of Aggregate Elected Commitment Amount 36 Amounts 31 Section 2.07 Borrowing Base 40 34 Section 2.08 Letters of Credit 37 Section 3.01 Repayment of Loans 43 Section 2.09 Defaulting Lenders 493.02 Interest 43 Section 3.03 Alternate Rate of Interest 44 Section 3.04 Prepayments 45 Section 3.05 Fees 47
Appears in 1 contract
Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 31 32 Section 1.04 Terms Generally; Rules of Construction 31 32 Section 1.05 Accounting Terms and Determinations; GAAP 31 33 Section 1.06 Times of Day 33 Section 1.07 Timing of Payment or Performance 33 Section 1.08 Divisions 33 Section 1.09 Rates 34 Section 2.01 Commitments 32 34 Section 2.02 Loans and Borrowings 32 35 Section 2.03 Requests for Borrowings 33 36 Section 2.04 Interest Elections 34 36 Section 2.05 Funding of Borrowings 35 38 Section 2.06 Termination and Reduction of Aggregate Maximum Credit Amount; Increase and Reduction of Aggregate Elected Commitment Amount 36 Amounts 38 Section 2.07 Borrowing Base 40 39 Section 2.08 Letters of Credit 43 Borrowing Base Adjustment Provisions 41 Section 2.09 [Reserved] 41 Section 2.10 Defaulting Lenders 4941
Appears in 1 contract
Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 31 30 Section 1.04 Terms Generally; Rules of Construction 31 30 Section 1.05 Accounting Terms and Determinations; GAAP 31 30 Section 1.06 Divisions 30 Section 2.01 Commitments 32 31 Section 2.02 Loans and Borrowings 32 31 Section 2.03 Requests for Borrowings 33 32 Section 2.04 Interest Elections 34 33 Section 2.05 Funding of Borrowings 35 34 Section 2.06 Termination Termination, Reduction and Reduction Optional Increase of Aggregate Maximum Credit Amount; Increase and Reduction of Aggregate Elected Commitment Amount 36 Amounts 35 Section 2.07 Borrowing Base 40 37 Section 2.08 Letters of Credit 43 40 Section 2.09 Defaulting Lenders 4945
Appears in 1 contract
Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 31 39 Section 1.04 Terms Generally; Rules of Construction 31 39 Section 1.05 Accounting Terms and Determinations; GAAP 31 39 Section 1.06 Times of Day 40 Section 1.07 Timing of Payment or Performance 40 Section 1.08 Interest Rates; Benchmark Notification 40 Section 1.09 Divisions 40 Section 2.01 Commitments 32 41 Section 2.02 Loans and Borrowings 32 41 Section 2.03 Requests for Borrowings 33 42 Section 2.04 Interest Elections 34 43 Section 2.05 Funding of Borrowings 35 44 Section 2.06 Termination and Reduction of Aggregate Maximum Credit AmountAmounts; Increase Increase, Reduction, and Reduction Termination of Aggregate Elected Commitment Amount 36 44 Section 2.07 Borrowing Base 40 48 Section 2.08 Borrowing Base Adjustment Provisions 50 Section 2.09 Letters of Credit 43 51 Section 2.09 2.10 Defaulting Lenders 4955
Appears in 1 contract
Sources: Senior Secured Revolving Credit Agreement (Silverbow Resources, Inc.)
Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 31 23 Section 1.04 Terms Generally; Rules of Construction 31 23 Section 1.05 Accounting Terms and Determinations; GAAP 31 24 Section 1.06 Divisions 24 Section 2.01 Commitments 32 24 Section 2.02 Loans and Borrowings 32 25 Section 2.03 Requests for Borrowings 33 26 Section 2.04 Interest Elections 34 27 Section 2.05 Funding of Borrowings 35 28 Section 2.06 Termination and Reduction of Aggregate Maximum Credit Amount; Increase and Reduction of Aggregate Elected Commitment Amount 36 Commitments 28 Section 2.07 Borrowing Base 40 [Reserved] 29 Section 2.08 Letters of Credit 43 [Reserved] 29 Section 2.09 Defaulting Lenders 49[Reserved] 29
Appears in 1 contract
Sources: Junior Secured Debtor in Possession Credit Agreement (Halcon Resources Corp)