Borrowing Base Deficiency. Subject to Section 2.05(b)(ii), if a Borrowing Base Deficiency exists, then after receipt of written notice from the Administrative Agent regarding such deficiency, the Borrower shall,
Appears in 7 contracts
Samples: Credit Agreement (Abraxas Petroleum Corp), Credit Agreement (Abraxas Petroleum Corp), Credit Agreement (Abraxas Petroleum Corp)
Borrowing Base Deficiency. Subject to Section Sections 2.05(b)(ii), (iii), and (iv), if a Borrowing Base Deficiency exists, then after receipt of written notice from the Administrative Agent regarding such deficiency, the Borrower shall,
Appears in 3 contracts
Samples: 4 and Borrowing Base Agreement (TXO Partners, L.P.), Credit Agreement (TXO Partners, L.P.), Credit Agreement (MorningStar Partners, L.P.)
Borrowing Base Deficiency. Subject to Section 2.05(b)(ii) and Section 2.05(b)(v), if a Borrowing Base Deficiency exists, then after receipt of written notice from the Administrative Agent regarding such deficiency, the Borrower shall,
Appears in 2 contracts
Samples: Credit Agreement (Isramco Inc), Credit Agreement (Abraxas Petroleum Corp)
Borrowing Base Deficiency. Subject to If at any time, other than as set forth in Section 2.05(b)(ii2.3(b) or Section 2.3(d), if a Borrowing Base Deficiency existsshall occur, then after receipt of written upon notice from the Administrative Agent regarding such of the deficiency, the Borrower shall,shall either:
Appears in 2 contracts
Samples: Credit Agreement (Warren Resources Inc), Credit Agreement (Warren Resources Inc)
Borrowing Base Deficiency. Subject to If at any time, other than as set forth in Section 2.05(b)(ii2.3(b) or Section 2.3(e), if a Borrowing Base Deficiency existsshall occur, then after receipt of written upon notice from the Administrative Agent regarding such of the deficiency, the Borrower shall,shall either:
Appears in 1 contract