Common use of Borrowing Base Adjustments Clause in Contracts

Borrowing Base Adjustments. In making a determination of the Borrowing Base Limit, the Lenders reserve the right to attribute no value or a reduced value to Reserves in respect of which:

Appears in 3 contracts

Samples: Syndicated Credit Agreement (Advantage Oil & Gas Ltd.), Syndicated Credit Agreement (Advantage Oil & Gas Ltd.), Syndicated Credit Agreement (Advantage Oil & Gas Ltd.)

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Borrowing Base Adjustments. In making a determination of the Borrowing Base Limit, the Lenders reserve the right to attribute no value or a reduced value to Enterra Reserves in respect of which:

Appears in 1 contract

Samples: Syndicated Credit Agreement (Enterra Energy Trust)

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Borrowing Base Adjustments. In making a determination of the Borrowing Base Limit, the Revolving Credit Facility Lenders reserve the right to attribute no value or a reduced value to Enterra Reserves in respect of which:

Appears in 1 contract

Samples: Syndicated Credit Agreement (Enterra Energy Trust)

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