Changes of Revolving Credit Commitments. (a) The Aggregate Revolving Credit Commitments shall at all times be equal to the lesser of (i) the Aggregate Maximum Revolving Credit Commitment Amounts after adjustments resulting from reductions pursuant to Sections 2.03(b), 2.07(b) or 2.08 or increases pursuant to Section 2.03(d) or (ii) the Borrowing Base as determined from time to time.
Appears in 2 contracts
Samples: Credit Agreement (Arena Resources Inc), Credit Agreement (Arena Resources Inc)
Changes of Revolving Credit Commitments. (a) The Aggregate Revolving Credit Commitments shall at all times be equal to the lesser of (i) the Aggregate Maximum Revolving Credit Commitment Amounts after adjustments resulting from reductions pursuant to Sections Section 2.03(b), 2.07(b) or 2.08 or increases pursuant to Section 2.03(d) or (ii) the Borrowing Base as determined from time to time.
Appears in 2 contracts
Samples: Credit Agreement (Mission Resources Corp), Credit Agreement (Castle Dental Centers Inc)
Changes of Revolving Credit Commitments. (a) The Aggregate Revolving Credit Commitments shall at all times be equal to the lesser of (i) the Aggregate Maximum Revolving Credit Commitment Amounts after adjustments resulting from reductions pursuant to Sections Section 2.03(b), 2.07(b) or 2.08 or increases pursuant to Section 2.03(d) hereof or (ii) the Borrowing Base as determined from time to time.
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