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Common use of Borrowing Base Utilization Grid Clause in Contracts

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25% but <50% ³50% but <75% ³75% but <90% ³90% Eurodollar Loans 2.000 % 2.250 % 2.500 % 2.750 % 3.000 % ABR Loans 1.000 % 1.250 % 1.500 % 1.750 % 2.000 % Commitment Fee Rate 0.375 % 0.375 % 0.500 % 0.500 % 0.500 %

Appears in 2 contracts

Samples: Credit Agreement (Fortis Minerals, LLC), Credit Agreement (Fortis Minerals, Inc.)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25% but <50% ³50% but <75% ³75% but <90£100% ³90>100% Eurodollar Loans 2.000 2.25% 2.250 2.50% 2.500 2.75% 2.750 3.00% 3.000 3.50% ABR Loans 1.000 1.25% 1.250 1.50% 1.500 1.75% 1.750 2.00% 2.000 % Commitment Fee Rate 0.375 % 0.375 % 0.500 % 0.500 % 0.500 2.50%

Appears in 1 contract

Samples: Credit Agreement (Diamondback Energy, Inc.)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25% %, but <50% ³50% %, but <75% ³75% %, but <90% ³90% Eurodollar Loans 2.000 % 2.250 % 2.500 % 2.750 % 3.000 % ABR Loans 0.500 % 0.750 % 1.000 % 1.250 % 1.500 % Eurodollar Loans 1.500 % 1.750 % 2.000 % 2.250 % 2.500 % Commitment Fee Rate 0.375 % 0.375 % 0.500 % 0.500 % 0.500 %

Appears in 1 contract

Samples: Credit Agreement (Parsley Energy, Inc.)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25% but << 50% ³50≥ 50% but << 75% ³75≥ 75% but <90≤ 85% ³90> 85% ≤ 100% ABR Loans 0.500 % 0.750 % 1.000 % 1.250 % Eurodollar Loans 2.000 % 2.250 % 2.500 % 2.750 % 3.000 % ABR Loans 1.000 % 1.250 % 1.500 % 1.750 % 2.000 % Commitment Fee Rate 0.375 % 0.375 % 0.500 % 0.500 % 0.500 %

Appears in 1 contract

Samples: Credit Agreement (Oasis Petroleum Inc.)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25>25% but <50% ³50>50% but <75% ³75>75% but <90% ³90>90% ABR Loans 1.00% 1.25% 1.50% 1.75% 2.00% Eurodollar Loans 2.000 2.00% 2.250 2.25% 2.500 2.50% 2.750 2.75% 3.000 % ABR Loans 1.000 % 1.250 % 1.500 % 1.750 % 2.000 3.00% Commitment Fee Rate 0.375 0.50% 0.375 0.50% 0.500 0.50% 0.500 0.50% 0.500 0.50%

Appears in 1 contract

Samples: Credit Agreement (Whiting Petroleum Corp)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25% %, but <50% ³50% %, but <75% ³75% %, but <90% ³90% ABR Loan Margin 1.750% 2.000% 2.250% 2.500% 2.750% Eurodollar Loans 2.000 Loan Margin 2.750% 2.250 3.000% 2.500 3.250% 2.750 3.500% 3.000 % ABR Loans 1.000 % 1.250 % 1.500 % 1.750 % 2.000 3.750% Commitment Fee Rate 0.375 0.500% 0.375 0.500% 0.500 0.500% 0.500 0.500% 0.500 0.500%

Appears in 1 contract

Samples: Credit Agreement (Contango Oil & Gas Co)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <2525.0% ³25% but <5050.0% ³50³50.0% but <7575.0% ³75% but <90% ³90>90% Eurodollar Loans 2.000 2.00% 2.250 2.25% 2.500 2.50% 2.750 2.75% 3.000 3.00% ABR Loans 1.000 1.00% 1.250 1.25% 1.500 1.50% 1.750 1.75% 2.000 % Commitment Fee Rate 0.375 % 0.375 % 0.500 % 0.500 % 0.500 2.00%

Appears in 1 contract

Samples: Credit Agreement (Us Energy Corp)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25% %, but <50% ³50% %, but <75% ³75% but <90% ³90% Eurodollar Loans 2.000 2.25 % 2.250 2.50 % 2.500 2.75 % 2.750 % 3.000 3.00 % ABR Loans 1.000 .75 % 1.250 1.00 % 1.500 1.25 % 1.750 % 2.000 % Commitment Fee Rate 0.375 % 0.375 % 0.500 % 0.500 % 0.500 1.50 %

Appears in 1 contract

Samples: Credit Agreement (Goodrich Petroleum Corp)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25% but <50% ³50% %, but <75% ³75% %, but <90% ³90% Eurodollar Loans 2.000 2.00 % 2.250 2.25 % 2.500 2.50 % 2.750 % 3.000 2.75 % ABR Loans 1.000 1.00 % 1.250 1.25 % 1.500 1.50 % 1.750 % 2.000 % Commitment Fee Rate 0.375 % 0.375 % 0.500 % 0.500 % 0.500 1.75 %

Appears in 1 contract

Samples: Credit Agreement (Goodrich Petroleum Corp)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25³ 25% but <50% ³50³ 50% but <75% ³75³ 75% but <90% ³90³ 90% Eurodollar Loans 2.000 2.000% 2.250 2.250% 2.500 2.500% 2.750 2.750% 3.000 3.000% ABR Loans 1.000 1.125% 1.250 1.375% 1.500 1.625% 1.750 1.875% 2.000 % Commitment Fee Rate 0.375 % 0.375 % 0.500 % 0.500 % 0.500 2.125%

Appears in 1 contract

Samples: Credit Agreement (Cimarex Energy Co)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25% but <50% ³50% but <75% ³75% but <90% ³90% Eurodollar Loans 2.000 1.750% 2.250 2.000% 2.500 2.250% 2.750 2.500% 3.000 2.750% ABR Loans 1.000 0.750% 1.250 1.000% 1.500 1.250% 1.750 1.500% 2.000 1.750% Commitment Fee Rate 0.375 0.375% 0.375 0.375% 0.500 0.500% 0.500 0.500% 0.500 0.500%

Appears in 1 contract

Samples: Credit Agreement (Memorial Production Partners LP)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25³ 25% but <50% ³50³ 50% but <75% ³75³ 75% but <90% ³90³ 90% Eurodollar Loans 2.000 2.250% 2.250 2.500% 2.500 2.750% 2.750 3.000% 3.000 3.250% ABR Loans 1.000 1.250% 1.250 1.500% 1.500 1.750% 1.750 2.000% 2.000 % Commitment Fee Rate 0.375 % 0.375 % 0.500 % 0.500 % 0.500 2.250%

Appears in 1 contract

Samples: Credit Agreement (Three Rivers Operating Co Inc.)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25% but <50% ³50% but <75% ³75% but <90% ³90% Eurodollar Loans 2.000 2.25% 2.250 2.50% 2.500 2.75% 2.750 3.00% 3.000 3.25% ABR Loans 1.000 1.25% 1.250 1.50% 1.500 1.75% 1.750 2.00% 2.000 2.25% Commitment Fee Rate 0.375 0.375% 0.375 0.375% 0.500 0.50% 0.500 0.50% 0.500 0.50%

Appears in 1 contract

Samples: Credit Agreement (Rice Energy Inc.)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <2525.0% ³25% ³25.0%, but <5050.0% ³50% ³50.0%, but <7575.0% ³75% ³75.0%, but <9090.0% ³90³90.0% ABR Loan Margin 1.500% 1.750% 2.000% 2.250% 2.500% Eurodollar Loans 2.000 Loan Margin 2.500% 2.250 2.750% 2.500 3.000% 2.750 3.250% 3.000 % ABR Loans 1.000 % 1.250 % 1.500 % 1.750 % 2.000 3.500% Commitment Fee Rate 0.375 0.375% 0.375 0.375% 0.500 0.500% 0.500 0.500% 0.500 0.500%

Appears in 1 contract

Samples: Credit Agreement (Desert Peak Minerals Inc.)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25% but <50% ³50% but <75% ³75% but <90% ³90% Eurodollar Loans 2.000 2.25 % 2.250 2.50 % 2.500 2.75 % 2.750 3.00 % 3.000 3.25 % ABR Loans 1.000 1.25 % 1.250 1.50 % 1.500 1.75 % 1.750 2.00 % 2.000 2.25 % Commitment Fee Rate 0.375 % 0.375 % 0.500 0.50 % 0.500 0.50 % 0.500 0.50 %

Appears in 1 contract

Samples: Credit Agreement (Rice Energy Inc.)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25 % ³ 25% ³25% but <50% ³50³ 50% but <75% ³75³ 75% but <90% ³900 00 % Eurodollar Loans 2.000 % 2.250 % 2.500 % 2.750 % 3.000 % ABR Loans 1.000 1.125 % 1.250 1.375 % 1.500 1.625 % 1.750 1.875 % 2.000 % Commitment Fee Rate 0.375 % 0.375 % 0.500 % 0.500 % 0.500 2.125 %

Appears in 1 contract

Samples: Credit Agreement (Whiting Petroleum Corp)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25% >25%, but <7550% >50% ³50% %, but <75% ³75% >75%, but <90% ³90>90% Eurodollar Loans 2.000 2.002.25 % 2.250 2.252.50 % 2.500 2.75 % 2.750 2.503.00 % 3.000 2.753.25 % ABR Loans 1.000 1.001.25 % 1.250 1.251.50 % 1.500 1.75 % 1.750 1.502.00 % 2.000 1.752.25 % Commitment Fee Rate 0.375 % 0.375 % 0.500 % 0.500 % 0.500 %68 Definition amended most recently by TwelfthThirteenth Amendment. 79 Grid amended by Fourthmost recently by the Thirteenth Amendment.

Appears in 1 contract

Samples: Credit Agreement (Goodrich Petroleum Corp)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25% %, but <50% ³50% %, but <75% ³75% %, but <90% ³90% ABR Loans 1.000 % 1.250 % 1.500 % 1.750 % 2.000 % Eurodollar Loans 2.000 % 2.250 % 2.500 % 2.750 % 3.000 % ABR Loans 1.000 % 1.250 % 1.500 % 1.750 % 2.000 % Commitment Fee Rate 0.375 % 0.375 % 0.500 % 0.500 % 0.500 %

Appears in 1 contract

Samples: Credit Agreement (Parsley Energy, Inc.)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25³ 25% but <50% ³50³ 50% but <75% ³75³ 75% but <90% ³90% Eurodollar Loans 2.000 1.50% 2.250 1.75% 2.500 2.00% 2.750 2.25% 3.000 2.50% ABR Loans 1.000 0.50% 1.250 0.75% 1.500 1.00% 1.750 1.25% 2.000 1.50% Commitment Fee Rate 0.375 0.375% 0.375 0.375% 0.500 0.50% 0.500 0.50% 0.500 0.50%

Appears in 1 contract

Samples: Credit Agreement (LRR Energy, L.P.)