Certain Agreements Regarding Clause Samples

Certain Agreements Regarding the Borrowing Base and the Conforming Borrowing Base. Borrower, Parent, Administrative Agent and each Bank agree that the Borrowing Base and the Conforming Borrowing Base in effect for the period from and after February 19, 1999 until the next Redetermination thereafter shall be $110,000,000 and $60,000,000, respectively. Borrower acknowledges that Required Banks have approved such Borrowing Base and Conforming Borrowing Base based on the expectation that on or before June 16, 1999 Texas Pacific Group will make the Proposed Equity Contribution. Borrower, Administrative Agent and Banks agree that the Redetermination provided for in this Section 2 shall not be construed to be a Special Redetermination for purposes of Section 4.4 of the Credit Agreement.

Certain Agreements Regarding