Common use of Borrowing Base Redetermination Clause in Contracts

Borrowing Base Redetermination. The Administrative Agent hereby notifies the Borrowers, and the undersigned Lenders hereby agree and acknowledge, that the amount of the Borrowing Base has been redetermined by the Administrative Agent and the Lenders in accordance with Section 2.11(b) and (c) of the Credit Agreement, and has been set by the Administrative Agent and the Lenders at $375,000,000, effective as of the Effective Date. The Borrowing Base shall remain in effect at such level until the Borrowing Base is redetermined or otherwise adjusted in accordance with the terms of the Credit Agreement.

Borrowing Base Redetermination. The Administrative Agent hereby notifies the Borrowers, and the undersigned Lenders hereby agree and acknowledge, that the amount of the Borrowing Base has been redetermined by the Administrative Agent and the Lenders in accordance with Section 2.11(b) and (c) of the Credit Agreement, and has been set by the Administrative Agent and the Lenders at $375,000,000450,000,000, effective as of the Effective Date. The Borrowing Base shall remain in effect at such level until the Borrowing Base is redetermined or otherwise adjusted in accordance with the terms of Section 2.11 of the Credit Agreement.

Borrowing Base Redetermination. The Administrative Agent hereby notifies the BorrowersBorrower, and the undersigned Lenders hereby agree and acknowledge, that the amount of the Borrowing Base has been redetermined by the Administrative Agent and the Lenders in accordance with Section 2.11(b) and (c2.02(b)(ii) of the Credit Agreement, and has been set by the Administrative Agent and the Lenders at $375,000,000145,000,100, effective as of the Effective DateNovember 7, 2008. The Borrowing Base shall remain in effect at such level until the Borrowing Base is redetermined or otherwise adjusted in accordance with the terms of Section 2.02 of the Credit Agreement.

Borrowing Base Redetermination. The Administrative Agent hereby notifies the Borrowers, and the undersigned Lenders hereby agree and acknowledge, that the amount of the Borrowing Base has been redetermined by the Administrative Agent and the Lenders in accordance with Section 2.11(b) and (c) of the Credit Agreement, and has been set by the Administrative Agent and the Lenders at $375,000,000330,000,000, effective as of the Effective Date. For the avoidance of doubt, such redetermination is the scheduled redetermination of the Borrowing Base to occur on or about November 1, 2015 pursuant to Section 2.11(b) of the Credit Agreement. The Borrowing Base shall remain in effect at such level until the Borrowing Base is redetermined or otherwise adjusted in accordance with the terms of the Credit Agreement.

Borrowing Base Redetermination. The Pursuant to Section 2.02(b)(i) of the Credit Agreement, the Administrative Agent hereby notifies the Borrowers, and the undersigned Lenders hereby agree and acknowledge, Borrower that the amount of the Borrowing Base has been redetermined by the Administrative Agent and the Lenders in accordance with Section 2.11(b) and (c2.02(b)(i) of the Credit Agreement, and has been set by the Administrative Agent and the Lenders at $375,000,000110,000,000.00, effective as of the Effective Date. The Borrowing Base shall remain in effect at such level until the Borrowing Base is redetermined or otherwise adjusted in accordance with the terms of the Credit Agreement.

Borrowing Base Redetermination. The Administrative Agent hereby notifies the BorrowersBorrower, and the undersigned Lenders hereby agree and acknowledge, that the amount of the Borrowing Base has been redetermined by the Administrative Agent and the Lenders in accordance with Section 2.11(b) and (c2.02(b)(i) of the Credit Agreement, and has been set by the Administrative Agent and the Lenders at $375,000,000110,000,000, effective as of the Fourth Amendment Effective Date. The Borrowing Base shall remain in effect at such level until the Borrowing Base is redetermined or otherwise adjusted in accordance with the terms of Section 2.02 of the Credit Agreement.

Borrowing Base Redetermination. The Administrative Agent hereby notifies the Borrowers, and the undersigned Lenders hereby agree and acknowledge, that the amount of the Borrowing Base has been redetermined by the Administrative Agent and the Lenders in accordance with Section 2.11(b) and (c) of the Credit Agreement, and has been set by the Administrative Agent and the Lenders at $375,000,000400,000,000, effective as of the Effective Date. The Borrowing Base shall remain in effect at such level until the Borrowing Base is redetermined or otherwise adjusted in accordance with the terms of Section 2.11 of the Credit Agreement.