Common use of Increase in Borrowing Base Clause in Contracts

Increase in Borrowing Base. The Borrowing Base shall, effective as of the Effective Date, be increased from $26,500,000 to $32,000,000 and the monthly reduction amount shall be $0. Such new Borrowing Base and monthly reduction amount shall remain in effect at those levels until the Borrowing Base is redetermined in accordance with the terms of the Credit Agreement.

Increase in Borrowing Base. The Borrowing Base shall, effective as of the Amendment Effective Date, be increased from $26,500,000 18,000,000 to $32,000,000 19,000,000 and the monthly reduction amount shall be $0. Such new Borrowing Base and monthly reduction amount shall remain in effect at those levels that level until the Borrowing Base is redetermined in accordance with the terms of the Credit Agreement.

Increase in Borrowing Base. The Borrowing Base shall, effective as of the Effective Date, be increased from $26,500,000 65,000,000.00 to $32,000,000 and the monthly reduction amount shall be $070,000,000.00. Such new Borrowing Base and monthly reduction amount shall remain in effect at those levels that level until the Borrowing Base is redetermined in accordance with the terms of the Credit Agreement.

Increase in Borrowing Base. The Borrowing Base shall, effective as of the Amendment Effective Date, be increased from $26,500,000 19,000,000 to $32,000,000 25,000,000 and the monthly reduction amount shall be $0. Such new Borrowing Base and monthly reduction amount shall remain in effect at those levels that level until the Borrowing Base is redetermined in accordance with the terms of the Credit Agreement.

Increase in Borrowing Base. The Borrowing Base shall, effective as of the Effective DateDate and subject to the terms herein, be increased from $26,500,000 70,000,000.00 to $32,000,000 and the monthly reduction amount shall be $0110,000,000.00. Such new Borrowing Base and monthly reduction amount shall remain in effect at those levels that level until the Borrowing Base is redetermined in accordance with the terms of the Credit Agreement.

Increase in Borrowing Base. The Borrowing Base shall, effective as of the Amendment Effective Date, be increased from $26,500,000 25,000,000 to $32,000,000 26,500,000 and the monthly reduction amount shall be $0. Such new Borrowing Base and monthly reduction amount shall remain in effect at those levels that level until the Borrowing Base is redetermined in accordance with the terms of the Credit Agreement.