Common use of Borrowing Base Increase Clause in Contracts

Borrowing Base Increase. For the period from and including the First Amendment Effective Date to but excluding the next Redetermination Date, the amount of the Borrowing Base shall be equal to $60,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.07(e), Section 8.13(c) or Section 9.12(d).

Borrowing Base Increase. For the period from and including the First Third Amendment Effective Date to but excluding the next Redetermination Date, the amount of the Borrowing Base shall be equal to $60,000,00087,500,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.07(e), Section 8.13(c) or Section 9.12(d). For this avoidance of doubt, this Borrowing Base increase shall constitute the October 1, 2013 Scheduled Redetermination.

Borrowing Base Increase. For the period from and including the First Second Amendment Effective Date to but excluding the next Redetermination Date, the amount of the Borrowing Base shall be equal to $60,000,00075,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.07(e), Section 8.13(c) or Section 9.12(d). For this avoidance of doubt, this Borrowing Base increase shall constitute the April 1, 2013 Scheduled Redetermination.

Borrowing Base Increase. For the period from and including the First Fifth Amendment Effective Date to but excluding the next Redetermination Date, the amount of the Borrowing Base shall be equal to $60,000,000950,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to the extent required by Section 2.07(e), Section 2.07(f), Section 8.13(c), Section 9.12(d) or Section 9.12(d9.12(e). For avoidance of doubt, this Borrowing Base increase shall constitute an Interim Redetermination elected by the Borrower.

Borrowing Base Increase. For the period from and including the First Fifth Amendment Effective Date (as defined below) to but excluding the next Redetermination Date, the amount of the Borrowing Base shall be equal to $60,000,000102,500,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.07(e), Section 8.13(c) or Section 9.12(d). For this avoidance of doubt, this Borrowing Base increase shall constitute the April 1, 2014 Scheduled Redetermination.

Borrowing Base Increase. For the period from and including the First Tenth Amendment Effective Date (as defined below) to but excluding the next Redetermination Date, the amount of the Borrowing Base shall be equal to $60,000,000290,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section Sections 2.07(e), Section 2.07(f), 8.13(c) or Section 9.12(d)) of the Credit Agreement.

Borrowing Base Increase. For the period from and including the First Second Amendment Effective Date (as defined below) to but excluding the next Redetermination Date, the amount of the Borrowing Base shall be equal to $60,000,000375,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section Sections 2.07(e), Section 2.07(f), 8.13(c) or Section 9.12(d)9.12 of the Credit Agreement. This Borrowing Base increase shall constitute the April 1, 2014 Scheduled Redetermination.

Borrowing Base Increase. For the period from and including the First Amendment Effective Date to but excluding the next Redetermination Date, the amount of the Borrowing Base shall be equal to $60,000,000365,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section Sections 2.07(e), Section 8.13(c2.07(f), 8.12(c) or Section 9.12(d).

Borrowing Base Increase. For the period from and including the First Ninth Amendment Effective Date to but excluding the next Redetermination Date, the amount of the Borrowing Base shall be equal to $60,000,000575,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section Sections 2.07(e), Section 8.13(c2.07(f), 8.12(c) or Section 9.12(d). For the avoidance of any doubt, this Borrowing Base increase shall constitute the October 1, 2015 Scheduled Redetermination.

Borrowing Base Increase. For the period from and including the First Fifth Amendment Effective Date to but excluding the next Redetermination Date, the amount of the Borrowing Base shall be equal to $60,000,000400,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section Sections 2.07(e), Section 2.07(f), 8.13(c) or Section 9.12(d)9.12. This Borrowing Base increase shall constitute the October 1, 2014 Scheduled Redetermination.

Borrowing Base Increase. For the period from and including the First Seventh Amendment Effective Date to but excluding the next Redetermination Date, the amount of the Borrowing Base shall be equal to $60,000,000575,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section Sections 2.07(e), Section 8.13(c2.07(f), 8.12(c) or Section 9.12(d). For the avoidance of any doubt, this Borrowing Base increase shall constitute the October 1, 2014 Scheduled Redetermination.

Borrowing Base Increase. For the period from and including the First Third Amendment Effective Date (as defined below) to but excluding the next Redetermination Date, the amount of the Borrowing Base shall be equal to $60,000,0001,400,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.07(e), Section 8.13(c2.07(f), Section 2.07(g) or and Section 9.12(d8.12(c). For the avoidance of doubt, this Borrowing Base increase shall constitute the April 1, 2017 Scheduled Redetermination.

Borrowing Base Increase. For the period from and including the First Eighth Amendment Effective Date (as defined below) to but excluding the next Redetermination Date, the amount of the Borrowing Base shall be equal to $60,000,000255,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section Sections 2.07(e), Section 2.07(f), 8.13(c) or Section 9.12(d)) of the Credit Agreement.

Borrowing Base Increase. For the period from and including the First Amendment Effective Date to but excluding the next Redetermination Date, the amount of the Borrowing Base shall be equal to $60,000,000800,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Sections 2.07(e), Section 2.07(e2.07(f), Section 8.13(c) or Section 9.12(d).

Borrowing Base Increase. For the period from and including the First Ninth Amendment Effective Date (as defined below) to but excluding the next Redetermination Date, the amount of the Borrowing Base shall be equal to $60,000,000265,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section Sections 2.07(e), Section 2.07(f), 8.13(c) or Section 9.12(d)) of the Credit Agreement.

Borrowing Base Increase. For the period from and including the First Seventh Amendment Effective Date to but excluding the next Redetermination Date, the amount of the Borrowing Base shall be equal to $60,000,0002,700,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.07(e), Section 8.13(c) or 2.07(f), Section 9.12(d2.07(g), and Section 8.12(c). For the avoidance of doubt, this Borrowing Base increase shall constitute the April 15, 2019 Scheduled Redetermination.