Common use of Increase of Borrowing Base Clause in Contracts

Increase of Borrowing Base. (a) The Borrowing Base shall be increased to $400,000,000 from and after the Effective Date until the Borrowing Base shall be otherwise redetermined in accordance with the Credit Agreement. (b) Both the Borrower, on the one hand, and the Administrative Agent and the Lenders, on the other hand, agree that the redetermination of the Borrowing Base pursuant to clause (a) of this Section 4 constitutes the regularly scheduled Borrowing Base redetermination for Fall 2006 (and shall not constitute a special redetermination of the Borrowing Base pursuant to Section 2.21(v) of the Credit Agreement).

Increase of Borrowing Base. (a) The Borrowing Base shall be increased to $400,000,000 300,000,000 from and after the Effective Date until the Borrowing Base shall be otherwise redetermined in accordance with the Credit Agreement. (b) Both the Borrower, on the one hand, and the Administrative Agent and the Lenders, on the other hand, agree that the redetermination of the Borrowing Base pursuant to clause (a) of this Section 4 5 constitutes the regularly scheduled Borrowing Base redetermination for Fall 2006 2005 (and shall not constitute a special redetermination of the Borrowing Base pursuant to Section 2.21(v) of the Credit Agreement).

Increase of Borrowing Base. (a) The Borrowing Base shall be increased to $400,000,000 800,000,000 from and after the Amendment Effective Date until the Borrowing Base shall be otherwise redetermined in accordance with the Credit Agreement. (b) Both the Borrower, on the one hand, and the Administrative Agent and the LendersBanks, on the other hand, agree that the redetermination of the Borrowing Base pursuant to clause (a) of this Section 4 3 constitutes the regularly scheduled Borrowing Base redetermination Redetermination for Fall 2006 October, 2005 (and shall not constitute a special redetermination of the Borrowing Base pursuant to the third paragraph of Section 2.21(v) 2.06 of the Credit Agreement).

Increase of Borrowing Base. (a) The Borrowing Base shall be increased to $400,000,000 450,000,000 from and after the Effective Date until the Borrowing Base shall be otherwise redetermined in accordance with the Credit Agreement. (b) Both the Borrower, on the one hand, and the Administrative Agent and the Lenders, on the other hand, agree that the redetermination of the Borrowing Base pursuant to clause (a) of this Section 4 constitutes the regularly scheduled Borrowing Base redetermination for Fall 2006 Spring 2007 (and shall not constitute a special redetermination of the Borrowing Base pursuant to Section 2.21(v) of the Credit Agreement).

Increase of Borrowing Base. (a) The Borrowing Base shall be increased to $400,000,000 from and after the Amendment Effective Date until the Borrowing Base shall be otherwise redetermined in accordance with the Credit Agreement. (b) Both the Borrower, on the one hand, and the Administrative Agent and the LendersBanks, on the other hand, agree that the redetermination of the Borrowing Base pursuant to clause (a) of this Section 4 3 constitutes the regularly scheduled Borrowing Base redetermination Redetermination for Fall 2006 October, 2004 (and shall not constitute a special redetermination of the Borrowing Base pursuant to the third paragraph of Section 2.21(v) 2.06 of the Credit Agreement).

Increase of Borrowing Base. (a) The Borrowing Base shall be increased to $400,000,000 500,000,000 from and after the Amendment Effective Date until the Borrowing Base shall be otherwise redetermined in accordance with the Credit Agreement. (b) Both the Borrower, on the one hand, and the Administrative Agent and the LendersBanks, on the other hand, agree that the redetermination of the Borrowing Base pursuant to clause (a) of this Section 4 3 constitutes the regularly scheduled Borrowing Base redetermination Redetermination for Fall 2006 April, 2005 (and shall not constitute a special redetermination of the Borrowing Base pursuant to the third paragraph of Section 2.21(v) 2.06 of the Credit Agreement).