Common use of Initial Borrowing Base Clause in Contracts

Initial Borrowing Base. The Borrowing Base shall be $45,000,000 for the period commencing on the Closing Date and ending on the effective date of the first Redetermination after the Closing Date.

Initial Borrowing Base. The During the period from the Closing Date until the next Determination Date the Borrowing Base shall be $45,000,000 for the period commencing on the Closing Date and ending on the effective date of the first Redetermination after the Closing Date1,000,000,000.

Initial Borrowing Base. The Borrowing Base shall be $45,000,000 50,000,000 for the period commencing on the Closing Date and ending on the effective date of the first Redetermination after the Closing Date.

Initial Borrowing Base. The Borrowing Base shall be $45,000,000 72,000,000 for the period commencing on the Closing Date and ending on the effective date of the first Redetermination after the Closing Date.

Initial Borrowing Base. The Borrowing Base shall be $45,000,000 7,000,000 for the period commencing on the Closing Date and ending on the effective date of the first Redetermination after the Closing Date.

Initial Borrowing Base. The On any date during the period from the Closing Date until the Borrowing Base is redetermined in accordance with this Agreement, the Borrowing Base shall be an amount equal to $45,000,000 for the period commencing on the Closing Date and ending on the effective date of the first Redetermination after the Closing Date500,000,000.

Initial Borrowing Base. The Borrowing Base shall be $45,000,000 60,000,000 for the period commencing on the Closing Date and ending on the effective date earlier to occur of (i) October 31, 1999 and (ii) the first Redetermination Date after the Closing Date.

Initial Borrowing Base. The Borrowing Base shall be $45,000,000 1,000,000 for the period commencing on the Closing Date and ending on the effective date of the first Redetermination after the Closing Date.

Initial Borrowing Base. The For the period from and including the Closing Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $45,000,000 for the period commencing on the Closing Date and ending on the effective date of the first Redetermination after the Closing Date600,000,000.

Initial Borrowing Base. The initial Borrowing Base shall be $45,000,000 for 6,000,000 until the period commencing on earlier of December 1, 2000, or the Closing Date and ending on the effective date of the first Redetermination after the Closing Revolving Loan Termination Date.