Common use of Borrowing Base Redetermination Clause in Contracts

Borrowing Base Redetermination. The Lenders and the Borrower agree that from and after the Fifth Amendment Effective Date up to the next redetermination, the amount of the Borrowing Base shall be $625,000,000. This provision does not limit the right of the parties to initiate interim redeterminations of the Borrowing Base in accordance with Section 2.07(e) or further adjustments pursuant to Section 8.13(c), Section 8.18 or Section 9.13. This Section 3 constitutes notice of the redetermined Borrowing Base in accordance with Section 2.07(d) of the Credit Agreement.

Borrowing Base Redetermination. The Lenders and the Borrower agree that from and after the Fifth Sixth Amendment Effective Date up to the next redetermination, the amount of the Borrowing Base shall be $625,000,000800,000,000. This provision does not limit the right of the parties to initiate interim redeterminations of the Borrowing Base in accordance with Section 2.07(e) 2.07 or further adjustments pursuant to Section 8.13(c), Section 8.18 or Section 9.13. This Section 3 constitutes notice of the redetermined Borrowing Base in accordance with Section 2.07(d) of the Credit Agreement.

Borrowing Base Redetermination. The Lenders and the Borrower agree that from and after the Fifth Fourth Amendment Effective Date up to the next redetermination, the amount of the Borrowing Base shall be $625,000,000325,000,000. This provision does not limit the right of the parties to initiate interim redeterminations of the Borrowing Base in accordance with Section 2.07(e) or further adjustments pursuant to Section 8.13(c), Section 8.18 or Section 9.13. This Section 3 constitutes notice of the redetermined Borrowing Base in accordance with Section 2.07(d) of the Credit Agreement.

Borrowing Base Redetermination. The Lenders and the Borrower agree that from and after the Fifth Sixth Amendment Effective Date up to the next redetermination, the amount of the Conforming Borrowing Base shall be $625,000,00090,000,000 and the amount of the Non-Conforming Borrowing Base shall be $10,000,000. This provision does not limit the right of the parties to initiate interim redeterminations of the Borrowing Base in accordance with Section 2.07(e) or further adjustments pursuant to Section 8.13(c), Section 8.18 or Section 9.139.12. This Section 3 constitutes notice of the redetermined Borrowing Base in accordance with Section 2.07(d) of the Credit Agreement.