Common use of Initial Borrowing Base Clause in Contracts

Initial Borrowing Base. The Borrowing Base in effect during the period from the Effective Date until the date of the first Special Determination, Periodic Determination or other adjustment to the Borrowing Base hereunder after the Effective Date shall be the Initial Borrowing Base.

Initial Borrowing Base. The Notwithstanding anything contained herein to the contrary, the Borrowing Base in effect during the period from the Effective Date until the date of the first Special Determination, or Periodic Determination or other adjustment to the Borrowing Base hereunder after the Effective Date shall be the Initial Borrowing Base.

Initial Borrowing Base. The Notwithstanding anything contained herein to the contrary, the Borrowing Base in effect during the period from the Effective Date until the date of the first Special Determination, Determination or Periodic Determination or other adjustment to the Borrowing Base hereunder after the Effective Date shall be the Initial Borrowing Base.