Common use of Borrowing Base Redetermination Clause in Contracts

Borrowing Base Redetermination. Effective as of the Effective Date (defined below), the Borrowing Base is hereby decreased from $95,000,000 to $64,000,000. The Borrowing Base as adjusted will remain in effect until the next scheduled redetermination of the Borrowing Base, unless otherwise adjusted pursuant to the provisions of Section 2.9 of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Mid-Con Energy Partners, LP)

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Borrowing Base Redetermination. Effective as of the Effective Date (defined below)Date, the Borrowing Base is hereby decreased from $95,000,000 135,000,000 to $64,000,000110,000,000. The Borrowing Base as adjusted will remain in effect until the next scheduled periodic redetermination of the Borrowing Base, unless otherwise adjusted pursuant to the provisions of Section 2.9 of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Mid-Con Energy Partners, LP)

Borrowing Base Redetermination. Effective as of the Effective Date (defined below)Date, the Borrowing Base is hereby decreased from $95,000,000 140,000,000 to $64,000,000115,000,000. The Borrowing Base as adjusted will remain in effect until the next scheduled periodic redetermination of the Borrowing Base, unless otherwise adjusted pursuant to the provisions of Section 2.9 of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Mid-Con Energy Partners, LP)

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Borrowing Base Redetermination. Effective as of the Effective Date (defined below)Date, the Borrowing Base is hereby decreased from $95,000,000 110,000,000 to $64,000,00095,000,000. The Borrowing Base as adjusted will remain in effect until the next scheduled periodic redetermination of the Borrowing Base, unless otherwise adjusted pursuant to the provisions of Section 2.9 of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Mid-Con Energy Partners, LP)

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