Common use of Borrowing Base Increase Fee Clause in Contracts

Borrowing Base Increase Fee. Simultaneously with each increase in the Borrowing Base, Borrower shall pay to Administrative Agent for the ratable benefit of each Bank, a borrowing base increase fee in an amount to be mutually agreed upon by Borrower and Administrative Agent in connection with such increase.

Borrowing Base Increase Fee. Simultaneously with each increase in the Borrowing Base, Borrower shall will pay to Administrative Agent for the ratable benefit account of each BankLender on each Determination Date on which the Borrowing Base is increased, a borrowing base increase fee in an amount to be mutually agreed upon by Borrower in respect of such increase, based upon then prevailing market conditions and Administrative Agent in connection with Borrower’s financial profile at such time. Such fee shall be due and payable on the effective date of such Borrowing Base increase and allocated to each Lender based upon such Lender’s Percentage Share of such increase.

Borrowing Base Increase Fee. Simultaneously with each increase in the Borrowing Base, Borrower shall pay to have paid Administrative Agent for the ratable benefit account of each Bank, Lenders a borrowing base fee for the incremental increase fee of the Borrowing Base in an the amount to be mutually agreed upon by Borrower and Borrower, Administrative Agent in connection with such increaseand Lenders.

Borrowing Base Increase Fee. Simultaneously with each increase in the Borrowing Base, Borrower shall pay to Administrative Agent for the ratable benefit of each Bank, a borrowing base increase fee in an amount equal to one fourth of one percent (.25%) of the amount of such increase; provided, that no such fee shall be mutually agreed upon by Borrower and Administrative Agent payable in connection with such increasethe increase in the Borrowing Base from the Borrowing Base in effect under the Existing Credit Agreement to the Initial Borrowing Base.

Borrowing Base Increase Fee. Simultaneously Administrative Agent shall have received, for the benefit of each Lender whose allocation of the Borrowing Base shall be increased in connection with each the increase in the Borrowing Base, Borrower shall pay Base pursuant to Administrative Agent for the ratable benefit of each BankSection 2 hereof, a borrowing base increase fee in an amount equal to be mutually agreed upon by Borrower and Administrative Agent in connection with one-quarter of one percent (0.25%) of the amount of such increase.

Borrowing Base Increase Fee. Simultaneously with each increase in the Borrowing Base, Borrower shall pay to have paid Administrative Agent for the ratable benefit account of each Bank, Lenders a borrowing base fee for the incremental increase fee of the Borrowing Base in an the amount to be mutually agreed upon by Borrower and Administrative Agent in connection with such increasethe parties.

Borrowing Base Increase Fee. Simultaneously with each increase in the Borrowing Base, Borrower shall will pay to Administrative Agent for the ratable benefit account of each BankLender on each Determination Date on which the Borrowing Base is increased, a borrowing base increase fee in an the amount determined by Administrative Agent to be mutually agreed the market standard for similar borrowers. Such fee shall be due and payable on the effective date of such Borrowing Base increase and allocated to each Lender based upon by Borrower and Administrative Agent in connection with such Lender’s Percentage Share of such increase.

Borrowing Base Increase Fee. Simultaneously with each increase in the Borrowing Base, Borrower shall pay to have paid Administrative Agent for the ratable benefit account of each Bank, New Lenders a borrowing base fee for the incremental increase fee of the Borrowing Base in an the amount to be mutually agreed upon by Borrower and Administrative Agent in connection with such increaseto be shared by New Lenders.

Borrowing Base Increase Fee. Simultaneously with Administrative Agent shall have received payment of a Borrowing Base increase fee for the account of each increase Lender in the Borrowing Base, Borrower shall pay amount agreed to Administrative Agent for the ratable benefit of each Bank, a borrowing base increase fee in an amount to be mutually agreed upon by Borrower and Administrative Agent in connection with such increaseBorrower.

Borrowing Base Increase Fee. Simultaneously with The Borrower will pay to the Administrative Agent, for the account of each increase in Lender then party to this Agreement, on each Determination Date on which the Borrowing Base, Borrower shall pay to Administrative Agent for the ratable benefit of each BankBase is increased, a borrowing base increase fee (if any) in an amount to be mutually agreed upon by Borrower and Administrative Agent to be set forth in connection with a separate written agreement. Such borrowing base increase fee shall be due and payable on the effective date of such Borrowing Base increase.

Borrowing Base Increase Fee. Simultaneously with The Borrower will pay to the Administrative Agent, for the account of each increase in Lender then party to this Agreement, on each Determination Date on which the Borrowing Base, Borrower shall pay to Administrative Agent for the ratable benefit of each BankBase is increased, a borrowing base increase fee in an amount to be mutually agreed upon by Borrower and Administrative Agent to be set forth in connection with a separate written agreement. Such borrowing base increase fee shall be due and payable on the effective date of such Borrowing Base increase.