Common use of Scheduled Borrowing Base Determinations Clause in Contracts

Scheduled Borrowing Base Determinations. For the period from the Effective Date to the initial redetermination date pursuant to Section 2.6(c) or Section 2.6(d), the initial Borrowing Base hereunder shall be $200,000,000 (the “Initial Borrowing Base”).

Appears in 1 contract

Sources: Credit Agreement (Venoco, Inc.)

Scheduled Borrowing Base Determinations. For the period from the Effective Date to the initial redetermination date pursuant to Section 2.6(c) or Section 2.6(d), the initial Borrowing Base hereunder shall be $200,000,000 175,000,000 (the “Initial Borrowing Base”).

Appears in 1 contract

Sources: Credit Agreement (Venoco, Inc.)