Common use of Proved Undeveloped Reserves Clause in Contracts

Proved Undeveloped Reserves. (The Borrower acknowledges that the Agent reserves the right to determine the Borrowing Base based on the provisions hereof and Agent’s own evaluations of rates, volumes, prices, assumptions and other factors regardless of this outside engineering data or then market prices.)

Proved Undeveloped Reserves. (The Borrower acknowledges that the Agent reserves the right to determine the Borrowing Base based on the provisions hereof and Agent’s 's own evaluations of rates, volumes, prices, assumptions and other factors regardless of this outside engineering data or then market prices.)