Common use of Borrowing Base Redetermination Clause in Contracts

Borrowing Base Redetermination. For the period from and including the Second Amendment Effective Date (as defined below) to but excluding the next Redetermination Date, (i) the amount of the Borrowing Base shall be $25,000,000. 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 the avoidance of any doubt, this Borrowing Base redetermination shall constitute the April 1, 2013 Scheduled Redetermination and the next Scheduled Redetermination shall be October 1, 2013.

Borrowing Base Redetermination. For the period from and including the Second Amendment Effective Date (as defined below) to but excluding the next Redetermination Date, (i) the amount of the Borrowing Base shall be $25,000,00013,000,000. 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)the terms of the Credit Agreement. For the avoidance of any doubt, the redetermination effected pursuant to this Borrowing Base redetermination Section 3 shall constitute the April October 1, 2013 Scheduled Redetermination and the next Scheduled Redetermination shall be October the May 1, 20132013 Scheduled Redetermination.

Borrowing Base Redetermination. For the period from and including the Second Amendment Effective Date (as defined below) to but excluding the next Redetermination Date, (i) the amount of the Borrowing Base shall be equal to $25,000,000565,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.07(e), Section 2.07(f), Section 8.13(c) or Section 9.12(d)) of the Credit Agreement. For the avoidance of any doubt, this Borrowing Base the redetermination herein shall constitute the April 1, 2013 Scheduled Redetermination and the next Scheduled Redetermination shall be October 1, 2013.2012

Borrowing Base Redetermination. For the period from and including the Second Amendment Effective Date (as defined below) to but excluding the next Redetermination Date, (i) the amount of the Borrowing Base shall be equal to $25,000,0002,400,000,000.00. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.07(e2.07, Section 8.13(c), Section 8.13(c) 9.02(i), Section 9.12, Section 9.17 or Section 9.12(d)9.18 of the Credit Agreement. For the avoidance of any doubt, this Borrowing Base the redetermination herein shall not constitute the April 1, 2013 a Scheduled Redetermination and the next Scheduled Redetermination shall be October 1, 2013or Interim Redetermination.