Common use of Effectiveness of a Redetermined Borrowing Base Clause in Contracts

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved or is deemed to have been approved by the Required Lenders and after a redetermined Borrowing Base which increases the Borrowing Base is approved by the Lenders, pursuant to Section 2.4(c)(iii), the Administrative Agent shall notify the Borrower and the Lenders of the amount of the redetermined Borrowing Base (the “New Borrowing Base Notice”), and such amount shall become the new Borrowing Base effective and applicable to the Borrower, the Administrative Agent, the Issuing Bank and the Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved or is deemed to have been approved by all of the Revolving Credit Lenders or the Required Lenders and after a redetermined Borrowing Base which increases the Borrowing Base is approved by the Revolving Credit Lenders, as applicable, pursuant to Section 2.4(c)(iii)2.06(c)(iii) or adjusted pursuant to the Borrowing Base Adjustment Provisions, the Administrative Agent shall notify the Borrower and the Revolving Credit Lenders of the amount of the redetermined Borrowing Base (the “New Borrowing Base Notice”), and such amount shall become the new Borrowing Base Base, effective and applicable to the Borrower, the Administrative Agent, the Issuing Bank and the Revolving Credit Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved by all of the Lenders or is deemed to have been approved by the Required Lenders (subject to Section 2.10(b) and after a redetermined Borrowing Base which increases the Borrowing Base is approved by the LendersSection 12.02(b)(ii) with respect to any Defaulting Lender), as applicable, pursuant to Section 2.4(c)(iii2.07(c)(iii), the Administrative Agent shall notify the Borrower and the Lenders of the amount of the redetermined Borrowing Base (such notice, the “New Borrowing Base Notice”), ) and such amount shall become the new Borrowing Base effective and applicable to the Borrower, the Administrative Agent, the Issuing Bank Bank(s) and the Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved or is deemed to have been approved by the Required Lenders and after a redetermined Borrowing Base which increases Increase Requisite Lenders or the Borrowing Base is approved by the Required Lenders, as applicable, pursuant to Section 2.4(c)(iii2.07(c)(iii) and Section 2.07(c)(iv), the Administrative Agent shall notify the Borrower and the Lenders of the amount of the redetermined Borrowing Base (the “New Borrowing Base Notice”), and such amount shall become the new Borrowing Base Base, effective and applicable to the Borrower, the Administrative Agent, the Issuing Bank and the Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved or is deemed to have been approved by the Borrowing Base Required Lenders and after a redetermined Borrowing Base which increases or the Borrowing Base is approved by the Required Revolving Lenders, as applicable, pursuant to Section 2.4(c)(iii2.14(c)(iii), the Administrative Agent shall promptly thereafter notify the Borrower and the Revolving Lenders of the amount of the redetermined Borrowing Base (the “New Borrowing Base Notice”), and such amount amount, subject to Section 2.14(h), shall become the new Borrowing Base Base, effective and applicable to the Borrower, the Administrative Agent, the Issuing Bank Letter of Credit Issuers and the Revolving Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Conforming Borrowing Base which maintains or decreases the and Non-Conforming Borrowing Base is Base, if applicable, are approved or is are deemed to have been approved by all of the Required Lenders and after a redetermined Borrowing Base which increases or the Borrowing Base is approved by the Majority Lenders, as applicable, pursuant to Section 2.4(c)(iii2.07(c)(iii), the Administrative Agent shall notify the Borrower and the Lenders of the amount of the redetermined Conforming Borrowing Base and Non-Conforming Borrowing Base, if any (the “New Borrowing Base Notice”), and such amount amounts shall become the new Borrowing Base Base, effective and applicable to the Borrower, the Administrative Agent, the Issuing Bank and the Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved or is deemed to have been approved by all of the Revolving Credit Lenders or the Required Lenders and after a redetermined Borrowing Base which increases the Borrowing Base is approved by the Lenders, as applicable, pursuant to Section 2.4(c)(iii)2.06(c)(iii) or adjusted pursuant to the Borrowing Base Adjustment Provisions, the Administrative Agent shall notify the Borrower and the Revolving Credit Lenders of the amount of the redetermined (or adjusted) Borrowing Base (the “New Borrowing Base Notice”), and such amount shall become the new Borrowing Base Base, effective and applicable to the Borrower, the Administrative Agent, the Issuing Bank Banks and the Revolving Credit Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved or is deemed to have been approved by all of the Lenders or the Required Lenders and after a redetermined Borrowing Base which increases the Borrowing Base is approved by the Lenders, as applicable, pursuant to Section 2.4(c)(iii2.07(c)(iii), the Administrative Agent shall promptly (but in no event later than five (5) Business Days after such approval or deemed approval) notify the Borrower and the Lenders of the amount of the redetermined Borrowing Base (the “New Borrowing Base Notice”), ) and such the amount of the Borrowing Base set forth therein shall become the new Borrowing Base Base, effective and applicable to the Borrower, the Administrative Agent, the Issuing Bank Banks, and the Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved or is deemed to have been approved by all of the Required Lenders or the Decrease and after a redetermined Borrowing Base which increases the Borrowing Base is approved by the Maintenance Lenders, as applicable, pursuant to Section 2.4(c)(iii)2.07(c)(iii) or adjusted pursuant to Section 9.11, the Administrative Agent shall notify the Borrower and the Lenders of the amount of the redetermined Borrowing Base (the “New Borrowing Base Notice”), and such amount shall become the new Borrowing Base Base, effective and applicable to the Borrower, the Administrative Agent, the Issuing Bank and the Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved or is deemed to have been approved by all of the Lenders or the Required Lenders and after a redetermined Borrowing Base which increases the Borrowing Base is approved by the Lenders, as applicable, pursuant to Section 2.4(c)(iii2.07(c)(iii), or adjusted pursuant to Section 2.07(e), Section 8.13(c), Section 9.02(h) or Section 9.12(d), the Administrative Agent shall notify the Borrower and the Lenders of the amount of the redetermined Borrowing Base (the “New Borrowing Base Notice”), and such amount shall become the new Borrowing Base Base, effective and applicable to the Borrower, the Administrative Agent, the Issuing Bank and the Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved or is deemed to have been approved by all of the Lenders or the Required Lenders and after a redetermined Borrowing Base which increases the Borrowing Base is approved by the Lenders, as applicable, pursuant to Section 2.4(c)(iii2.07(c)(iii) or adjusted pursuant to Section 2.07(e), Section 2.07(f), Section 8.12(c) or Section 9.12(d), the Administrative Agent shall notify the Borrower and the Lenders of the amount of the redetermined Borrowing Base (the “New Borrowing Base Notice”), and such amount shall become the new Borrowing Base Base, effective and applicable to the Borrower, the Administrative Agent, the Issuing Bank and the Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved or is deemed to have been approved by all of the Revolving Credit Lenders or the Required Lenders and after a redetermined Borrowing Base which increases the Borrowing Base is approved by the Lenders, as applicable, pursuant to Section 2.4(c)(iii)2.06(c)(iii) or adjusted pursuant to the Borrowing Base Adjustment Provisions, the Administrative Agent shall notify the Borrower and the Revolving Credit Lenders of the amount of the redetermined Borrowing Base (the “New Borrowing Base Notice”), and such amount shall become the new Borrowing Base Base, effective and applicable to the Borrower, the Administrative Agent, the Issuing Bank Banks and the Revolving Credit Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved or is deemed to have been approved by all of the Revolving Credit Lenders or the Required Lenders and after a redetermined Borrowing Base which increases the Borrowing Base is approved by the Revolving Credit Lenders, as applicable, pursuant to Section 2.4(c)(iii)2.06(c)(iii) or adjusted pursuant to Section 10.11, the Administrative Agent shall notify the Borrower and the Revolving Credit Lenders of the amount of the redetermined Borrowing Base (the “New Borrowing Base Notice”), and such amount shall become the new Borrowing Base Base, effective and applicable to the Borrower, the Administrative Agent, the Issuing Bank and the Revolving Credit Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved or is deemed to have been approved by all of the Lenders or Required Lenders and after a redetermined Borrowing Base which increases the Borrowing Base is approved by the Lenders, as applicable, pursuant to Section 2.4(c)(iii2.07(c)(iii), or adjusted pursuant to Section 2.07(e), Section 8.13(c) or Section 9.12(d), the Administrative Agent shall notify the Borrower and the Lenders of the amount of the redetermined or adjusted Borrowing Base (the “New Borrowing Base Notice”), and such amount shall become the new Borrowing Base Base, effective and applicable to the Borrower, the Administrative Agent, the Issuing Bank and the Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the and Conforming Borrowing Base is (if applicable) are approved or is are deemed to have been approved by the Required Lenders and after a redetermined Borrowing Base which increases or the Borrowing Base is approved by the Super-majority Lenders, as applicable, pursuant to Section 2.4(c)(iii2.07(c)(iii), the Administrative Agent shall notify the Borrower and the Lenders of the amount of the redetermined Borrowing Base and Conforming Borrowing Base (the “New Borrowing Base Notice”), and such amount amounts shall become the new Borrowing Base and Conforming Borrowing Base (if applicable), effective and applicable to the Borrower, the Administrative AgentAgents, the each Issuing Bank and the Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Conforming Borrowing Base Base, as applicable, is approved or is deemed to have been approved by all of the Lenders or the Required Lenders and after a redetermined Borrowing Base which increases the Borrowing Base is approved by the Lenders, as applicable, pursuant to Section 2.4(c)(iii2.07(c)(iii), the Administrative Agent shall notify the Borrower and the Lenders of the amount of the redetermined Borrowing Base or Conforming Borrowing Base, as applicable, (the “New Borrowing Base Notice”), and such amount shall become the new Borrowing Base or Conforming Borrowing Base, as applicable, effective and applicable to the Borrower, the Administrative Agent, the Issuing Bank and the Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved or is deemed to have been approved by the Requisite Increase Lenders or the Required Lenders and after a redetermined Borrowing Base which increases the Borrowing Base is approved by the Lenders, as applicable, pursuant to Section 2.4(c)(iii2.07(c)(iii) (and subject to Section 2.07(c)(iv)), the Administrative Agent shall notify the Borrower and the Lenders of the amount of the redetermined Borrowing Base (the “New Borrowing Base Notice”), and such amount shall become the new Borrowing Base Base, effective and applicable to the Borrower, the Administrative AgentAgents, the Issuing Bank and the Lenders:Lenders (subject to the provisions of Section 2.07(c)(iv)):

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved or is deemed to have been approved by all of the Lenders or the Required Lenders and after a redetermined Borrowing Base which increases the Borrowing Base is approved by the Lenders, as applicable, pursuant to Section 2.4(c)(iii)2.06(c)(iii) or adjusted pursuant to the Borrowing Base Adjustment Provisions, the Administrative Agent shall notify the Borrower and the Lenders of the amount of the redetermined Borrowing Base (the “New Borrowing Base Notice”), and such amount shall become the new Borrowing Base Base, effective and applicable to the Borrower, the Administrative Agent, the Issuing Bank Banks and the Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved or is deemed to have been approved by all of the Lenders or the Required Lenders and after a redetermined Borrowing Base which increases the Borrowing Base is approved by the Lenders, or otherwise automatically adjusted, as applicable, pursuant to Section 2.4(c)(iii2.07(c)(iii) or Section 2.07(d), the Administrative Agent shall notify the Borrowers (or Borrower Representative) and the Lenders of the amount of the redetermined Borrowing Base (the “New Borrowing Base Notice”), and such amount shall become the new Borrowing Base Base, effective and applicable to the BorrowerBorrowers, the Administrative AgentAgents, the each Issuing Bank and the Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved or is deemed to have been approved by all of the Required Lenders or the Decrease and after a redetermined Borrowing Base which increases the Borrowing Base is approved by the Maintenance Lenders, as applicable, pursuant to Section 2.4(c)(iii)2.07(c)(iii) or adjusted pursuant to Section 2.07(e) or Section 9.11, the Administrative Agent shall notify the Borrower and the Lenders of the amount of the redetermined Borrowing Base (the “New Borrowing Base Notice”), and such amount shall become the new Borrowing Base Base, effective and applicable to the Borrower, the Administrative Agent, the Issuing Bank and the Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved or is deemed to have been approved by the Required Lenders and after a redetermined Borrowing Base which increases the Borrowing Base is approved by all of the LendersLenders or the Super-Majority Lenders (subject to Section 2.09 and Section 12.02(b)(ii) with respect to any Defaulting Lender), as applicable, pursuant to Section 2.4(c)(iii2.07(c)(iii), the Administrative Agent shall notify the Borrower and the Lenders of the amount of the redetermined Borrowing Base (such notice, the “New Borrowing Base Notice”), ) and such amount amounts shall become the new Borrowing Base Base, effective and applicable to the Borrower, the Administrative Agent, the Issuing Bank Bank(s) and the Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved or is deemed to have been approved by all of the Required Lenders and after a redetermined Borrowing Base which increases or the Borrowing Base is approved by the Super Majority Lenders, as applicable, pursuant to Section 2.4(c)(iii2.07(c)(iii), the Administrative Agent shall promptly (but in no event later than five (5) Business Days after such approval or deemed approval) notify the Borrower and the Lenders of the amount of the redetermined Borrowing Base (the “New Borrowing Base Notice”), ) and such the amount of the Borrowing Base set forth therein shall become the new Borrowing Base Base, effective and applicable to the Borrower, the Administrative Agent, the Issuing Bank Banks, and the Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved or is deemed to have been approved by the Required Lenders and after a redetermined Borrowing Base which increases the Borrowing Base is approved by the Lenders, pursuant to Section 2.4(c)(iii), the Administrative Agent shall notify the Borrower and the Lenders of the amount of the redetermined Borrowing Base (the “New Borrowing Base Notice”), and such amount shall become the new Borrowing Base effective and applicable to the Borrower, the Administrative Agent, the Issuing Bank Banks and the Lenders:

Effectiveness of a Redetermined Borrowing Base. After Subject to Section 2.07(e), after a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved or is deemed to have been approved by all of the Required Revolving Lenders (other than Defaulting Lenders and after a redetermined Borrowing Base which increases Loan Party Affiliate Lenders) or the Borrowing Base is approved by the Revolving Required Lenders, as applicable, pursuant to Section 2.4(c)(iii2.07(c)(iii), the Administrative Agent shall notify the Borrower and the Revolving Lenders of the amount of the redetermined Borrowing Base (the “New Borrowing Base Notice”), and such amount shall become the new Borrowing Base Base, effective and applicable to the Borrower, the Administrative Agent, the Issuing Bank and the Revolving Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved or is deemed to have been approved by all of the Required Lenders and after a redetermined Borrowing Base which increases or the Borrowing Base is approved by the Super Majority Lenders, as applicable, pursuant to Section 2.4(c)(iii2.07(c)(iii), the Administrative Agent shall promptly (but in no event later than five (5) Business Days after such approval or deemed approval) notify the Borrower and the Lenders of the amount of the redetermined Borrowing Base (the “New Borrowing Base Notice”)) and the amount of the Working Interest Borrowing Base, the Partnership Interest Borrowing Base and such the Well Services Borrowing Base and the amount of the Borrowing Base set forth therein shall become the new Borrowing Base Base, effective and applicable to the Borrower, the Administrative Agent, the Issuing Bank Banks, and the Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved or is deemed to have been approved by the Required Lenders and after a redetermined Borrowing Base which increases or the Borrowing Base is approved by the Super-majority Lenders, as applicable, pursuant to Section 2.4(c)(iii2.07(c)(iii) (and, in the case of an increase, the Borrower), the Administrative Agent shall notify the Borrower and the Lenders of the amount of the redetermined Borrowing Base (the “New Borrowing Base Notice”), and such amount amounts shall become the new Borrowing Base Base, effective and applicable to the Borrower, the Administrative AgentAgents, the each Issuing Bank and the Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the (and Conforming Borrowing Base Base) is approved or is deemed to have been approved by all of the Required Lenders and after a redetermined Borrowing Base which increases or the Borrowing Base is approved by the Supermajority Lenders, as applicable, pursuant to Section 2.4(c)(iii2.07(c)(iii), the Administrative Agent shall notify the Borrower and the Lenders (the “New Borrowing Base Notice”) of the amount of the redetermined Borrowing Base (the “New and Conforming Borrowing Base Notice”Base), and such amount shall become the new Borrowing Base (and new Conforming Borrowing Base), effective and applicable to the Borrower, the Administrative Agent, the each Issuing Bank and the Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved or is deemed Subject to have been approved by the Required Lenders and Section 2.14(h), after a redetermined Borrowing Base which increases the Borrowing Base is approved by each Lender (other than any Term Lender to the extent of its Excluded Term Loan Exposure, if any) or the Required Lenders, as applicable, pursuant to Section 2.4(c)(iii2.14(c), the Administrative Agent shall promptly thereafter notify the Borrower and the Lenders of the amount of the redetermined Borrowing Base (the “New Borrowing Base Notice”), and such amount shall become the new Borrowing Base Base, effective and applicable to the Borrower, the Administrative Agent, the Issuing Bank Banks and the Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved or is deemed to have been approved by all of the Lenders or the Required Lenders and after a redetermined Borrowing Base which increases the Borrowing Base is approved by the Lenders, as applicable, pursuant to Section 2.4(c)(iii2.07(c)(iii) or adjusted pursuant to Section 2.07(e) or (f), the Administrative Agent shall notify the Borrower and the Lenders of the amount of the redetermined Borrowing Base (the “New Borrowing Base Notice”), and such amount shall become the new Borrowing Base Base, effective and applicable to the Borrower, the Administrative Agent, the Issuing Bank and the Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the and Conforming Borrowing Base is approved or is deemed to have been approved by the Required Requisite Increase Lenders and after a redetermined Borrowing Base which increases or the Borrowing Base is approved by the Majority Lenders, as applicable, pursuant to Section 2.4(c)(iii2.07(c)(iii) (and subject to Section 2.07(c)(iv)), the Administrative Agent shall notify the Borrower and the Lenders of the amount of the redetermined Borrowing Base and Conforming Borrowing Base (the “New Borrowing Base Notice”), and such amount shall become the new Borrowing Base and Conforming Borrowing Base, effective and applicable to the Borrower, the Administrative AgentAgents, the Issuing Bank and the Lenders:Lenders (subject to the provisions of Section 2.07(c)(iv)):

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases (and, if applicable, the Conforming Borrowing Base Base) is approved or is deemed to have been approved by the Required Lenders and after a redetermined Borrowing Base which increases or the Borrowing Base is approved by the Majority Lenders, as applicable, pursuant to Section 2.4(c)(iii2.07(c)(iii), the Administrative Agent shall notify the Borrower and the Lenders of the amount of the redetermined Borrowing Base (and, if applicable, the Conforming Borrowing Base) (the “New Borrowing Base Notice”), and such amount shall become the new Borrowing Base (and, if applicable, the new Conforming Borrowing Base), effective and applicable to the Borrower, the Administrative AgentAgents, the Issuing Bank and the Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved or is deemed to have been approved by all of the Required Lenders and after a redetermined Borrowing Base which increases or the Borrowing Base is approved by the Super Majority Lenders, as applicable, pursuant to Section 2.4(c)(iii2.07(c)(iii), the Administrative Agent shall promptly (but in no event later than five Business Days after such approval or deemed approval) notify the Borrower and the Lenders of the amount of the redetermined Borrowing Base (the “New Borrowing Base Notice”), and such amount shall become the new Borrowing Base Base, effective and applicable to the Borrower, the Administrative Agent, the Issuing Bank Bank, and the Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the and Conforming Borrowing Base is approved or is deemed to have been approved by all of the Required Lenders and after a redetermined Borrowing Base which increases or the Borrowing Base is approved by the Majority Lenders, as applicable, pursuant to Section 2.4(c)(iii2.07(c)(iii), the Administrative Agent shall notify the Borrower and the Lenders of the amount of the redetermined Borrowing Base and Conforming Borrowing Base (the “New Borrowing Base Notice”), and such amount shall become the new Borrowing Base and Conforming Borrowing Base, effective and applicable to the Borrower, the Administrative AgentAgents, the Issuing Bank and the Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the (and Conforming Borrowing Base Base) is approved or is deemed to have been approved by all of the Lenders or the Required Lenders and after a redetermined Borrowing Base which increases the Borrowing Base is approved by the Lenders, as applicable, pursuant to Section 2.4(c)(iii2.07(c)(iii), the Administrative Agent shall notify the Borrower and the Lenders (the “New Borrowing Base Notice”) of the amount of the redetermined Borrowing Base (the “New and Conforming Borrowing Base Notice”Base), and such amount shall become the new Borrowing Base (and new Conforming Borrowing Base), effective and applicable to the Borrower, the Administrative AgentAgents, the Issuing Bank and the Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved or is deemed to have been approved by all of the Lenders or the Required Lenders and after a redetermined Borrowing Base which increases the Borrowing Base is approved by the Lenders, as applicable, pursuant to Section 2.4(c)(iii2.07(c)(iii) or adjusted or redetermined pursuant to Section 2.07(e), Section 2.07(f), Section 2.07(g) or Section 8.12(c), the Administrative Agent shall notify the Borrower and the Lenders of the amount of the redetermined Borrowing Base (the “New Borrowing Base Notice”), and such amount shall become the new Borrowing Base Base, effective and applicable to the Borrower, the Administrative Agent, the Issuing Bank and the Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved by all of the Lenders or is deemed to have been approved by the Required Lenders (subject to Section 2.10(b) and after a redetermined Borrowing Base which increases the Borrowing Base is approved by the LendersSection 12.02(b)(ii) with respect to any Defaulting Lender), as applicable, pursuant to Section 2.4(c)(iii2.07(c)(iii), the Administrative Agent shall notify the Borrower and the Lenders of the amount of the redetermined Borrowing Base (such notice, the “New Borrowing Base Notice”), ) and such amount shall become the new Borrowing Base effective and applicable to the Borrower, the Administrative Agent, the Issuing Bank and the Lenders:

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved or is deemed to have been approved by the Borrowing Base Required Lenders and after a redetermined Borrowing Base which increases or the Borrowing Base is approved by the Required Lenders, as applicable, pursuant to Section 2.4(c)(iii2.14(c)(iii) or, if applicable, Section 2.14(c)(iv), the Administrative Agent shall promptly thereafter notify the Borrower and the Lenders of the amount of the redetermined Borrowing Base (the “New Borrowing Base Determination Notice”), and such amount amount, subject to Section 2.14(e), shall become the new Borrowing Base Base, effective and applicable to the Borrower, the Administrative Agent, the Issuing Bank Letter of Credit Issuers and the Lenders:

Effectiveness of a Redetermined Borrowing Base. After Subject to Section 2.07(j), after a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved or is deemed to have been approved by each of the Lenders (and the Borrower in the case of a Borrowing Base increase) or the Required Lenders and after a redetermined Borrowing Base which increases the Borrowing Base is approved by the Lenders, as applicable, pursuant to Section 2.4(c)(iii2.07(c)(iii), the Administrative Agent shall notify the Borrower and the Lenders of the amount of the redetermined Borrowing Base (the “New Borrowing Base Notice”), and such amount shall become the new Borrowing Base Base, effective and applicable to the Borrower, the Administrative Agent, the each Issuing Bank and the Lenders:;

Effectiveness of a Redetermined Borrowing Base. After a redetermined Borrowing Base which maintains or decreases the Borrowing Base is approved or is deemed to have been approved by all of the Revolving Lenders (other than Defaulting Lenders) and the Borrower or the Required Lenders and after a redetermined Borrowing Base which increases the Borrowing Base is approved by the Lenders, as applicable, pursuant to Section 2.4(c)(iii2.07(c)(iii), the Administrative Agent shall notify the Borrower and the Revolving Lenders of the amount of the redetermined Borrowing Base (the “New Borrowing Base Notice”), and such amount shall become the new Borrowing Base Base, effective and applicable to the Borrower, the Administrative Agent, the Issuing Bank and the Revolving Lenders: