Initial Borrowing Base. For the period from and including the Closing Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f) and (g).
Appears in 8 contracts
Samples: Credit Agreement, Credit Agreement (Samson Resources Corp), Fifth Amendment and Waiver Agreement (Samson Resources Corp)
Initial Borrowing Base. For the period from and including the Closing Date to but excluding the first Redetermination Datedate on which a redetermined or adjusted Borrowing Base becomes effective pursuant to Section 2.4(d), the amount of the Borrowing Base shall be $2,250,000,00025,000,000. Notwithstanding the foregoing, the The Borrowing Base may be is subject to periodic redeterminations, mandatory reductions and further adjustments from time to time pursuant to Section 2.14(e), (f) and (g)this Agreement.
Appears in 6 contracts
Samples: Credit Agreement (Tengasco Inc), Credit Agreement (Tengasco Inc), Credit Agreement (Tengasco Inc)
Initial Borrowing Base. For the period from and including the Closing Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000330,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f) and (g)the Borrowing Base Adjustment Provisions.
Appears in 4 contracts
Samples: Senior Secured Revolving Credit Agreement (Silverbow Resources, Inc.), Senior Secured Revolving Credit Agreement (Silverbow Resources, Inc.), Senior Secured Revolving Credit Agreement (Silverbow Resources, Inc.)
Initial Borrowing Base. For the period from and including the Closing Date to but excluding the first Scheduled Redetermination DateDate thereafter, the amount of the Borrowing Base shall be $2,250,000,000550,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.08(e), (f) and (gSection 2.08(f), Section 8.08 or Section 9.13.
Appears in 3 contracts
Samples: Credit Agreement (Black Stone Minerals, L.P.), Credit Agreement (Black Stone Minerals, L.P.), Credit Agreement (Black Stone Minerals, L.P.)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,00030,000,000.00. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(e), (fSection 8.13(c) and (gor Section 9.12(d).
Appears in 3 contracts
Samples: Credit Agreement, Credit Agreement (New Source Energy Partners L.P.), Credit Agreement (New Source Energy Partners L.P.)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first next Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000475,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(e), (f) and (gSection 2.07(f), Section 8.13(c), Section 9.05(m)(ii), or Section 9.12(d).
Appears in 3 contracts
Samples: Senior Secured Revolving Credit Agreement (Viper Energy Partners LP), Senior Secured Revolving Credit Agreement (Viper Energy Partners LP), Senior Secured Revolving Credit Agreement (Viper Energy Partners LP)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination DateDate to occur thereafter, the amount of the Borrowing Base shall be $2,250,000,0003,200,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments adjustment from time to time prior to the first Redetermination Date pursuant to Section 2.14(e), (f) and (g)the Borrowing Base Adjustment Provisions.
Appears in 3 contracts
Samples: Credit Agreement (Southwestern Energy Co), Credit Agreement, Credit Agreement (Southwestern Energy Co)
Initial Borrowing Base. For the period from and including the Closing Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be equal to $2,250,000,0001,200,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to this Section 2.14(e), (f) and (g)2.14.
Appears in 3 contracts
Samples: Credit Agreement (California Resources Corp), Credit Agreement (California Resources Corp), Credit Agreement (California Resources Corp)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first initial Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000800,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(e), (f) and (gSection 8.13(c), Section 9.12 or Section 9.19.
Appears in 3 contracts
Samples: Fifth Amendment to Third Amended and Restated Credit Agreement (Bill Barrett Corp), Fifth Amendment to Third Amended and Restated Credit Agreement (HighPoint Resources Corp), Credit Agreement (Bill Barrett Corp)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first next Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,00075,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f) and (g)the Borrowing Base Adjustment Provisions.
Appears in 3 contracts
Samples: Credit Agreement (Primeenergy Resources Corp), Credit Agreement (Primeenergy Corp), Credit Agreement (Sundance Energy Australia LTD)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination DateDate hereafter, the amount of the Borrowing Base shall be $2,250,000,000265,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments in between Scheduled Redeterminations from time to time pursuant to Section 2.14(e2.07(e), (fSection 2.07(f) and (gor Section 8.13(c).
Appears in 3 contracts
Samples: Credit Agreement (Vitesse Energy, Inc.), Credit Agreement (Vitesse Energy, Inc.), Credit Agreement (Vitesse Energy, Inc.)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,00012,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(e), (fSection 8.13(c) and (gor Section 9.12(d).
Appears in 2 contracts
Samples: Credit Agreement (APEG Energy II, LP), Credit Agreement (Us Energy Corp)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000800,000,000; provided, that the Borrowing Base that is available and effective shall not exceed the “All in Cap” as defined in the Second Lien Indenture. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(e), (fSection 2.07(f) and (gor Section 8.13(c).
Appears in 2 contracts
Samples: Credit Agreement (Northern Oil & Gas, Inc.), Credit Agreement (Northern Oil & Gas, Inc.)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,00035,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e)2.8, (fSection 8.16(c) and (g)or Section 8.21.
Appears in 2 contracts
Samples: Credit Agreement (Resaca Exploitation, Inc.), Credit Agreement (Resaca Exploitation, Inc.)
Initial Borrowing Base. For the period from and including the Closing Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be equal to $2,250,000,000350,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f) and (g)h) and may be otherwise amended pursuant to Section 13.1;.
Appears in 2 contracts
Samples: Credit Agreement (Vine Energy Inc.), Credit Agreement (Vine Energy Inc.)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination DateDate to occur thereafter, the amount of the Borrowing Base shall be $2,250,000,0003,500,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments adjustment from time to time prior to the first Redetermination Date pursuant to Section 2.14(e), (f) and (g)the Borrowing Base Adjustment Provisions.
Appears in 2 contracts
Samples: Credit Agreement (Chesapeake Energy Corp), Credit Agreement (Southwestern Energy Co)
Initial Borrowing Base. For the period from and including the Closing Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,0003,000,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f) and (g).
Appears in 2 contracts
Samples: Credit Agreement (Range Resources Corp), Credit Agreement (Range Resources Corp)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination DateOctober 1st, 2014, the amount of the Borrowing Base shall be equal to $2,250,000,000800,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(e), (fSection 2.07(f), Section 8.13(c), Section 9.12(d) and (gor Section 9.12(e).
Appears in 2 contracts
Samples: Credit Agreement (Legacy Reserves Inc.), Credit Agreement (Legacy Reserves Lp)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first next Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000110,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(e), (f) and (gSection 2.07(f), Section 8.13(c), Section 9.05(m)(ii), or Section 9.12(d).
Appears in 2 contracts
Samples: Senior Secured Revolving Credit Agreement, Senior Secured Revolving Credit Agreement (Viper Energy Partners LP)
Initial Borrowing Base. For the period from and including the Closing Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,00038,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.15(f), (fg) and (gh).
Appears in 2 contracts
Samples: First Lien Credit Agreement (Royal Resources Partners LP), First Lien Credit Agreement (Royal Resources Partners LP)
Initial Borrowing Base. For the period from and including the Closing Date to but excluding the first Redetermination Date, the amount of the Borrowing Base Variable Amount shall be equal to $2,250,000,000250,000,000. Notwithstanding the foregoing, the Borrowing Base Variable Amount may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f) and ), (g), and (h).
Appears in 2 contracts
Samples: Credit Agreement (Vine Resources Inc.), Credit Agreement (Vine Resources Inc.)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,00047,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(f), (fSection 8.13(c) and (g)or Section 9.11.
Appears in 2 contracts
Samples: Credit Agreement (Synergy Resources Corp), Credit Agreement (Synergy Resources Corp)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000300,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(e), (f) and (gSection 2.07(f), or Section 8.13(c).
Appears in 2 contracts
Samples: Credit Agreement (Memorial Production Partners LP), Credit Agreement (Memorial Production Partners LP)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000140,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f) and (g)10.11.
Appears in 2 contracts
Samples: Credit Agreement (RSP Permian, Inc.), Credit Agreement (RSP Permian, Inc.)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000500,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(e), (fSection 2.07(f) and (gor Section 8.12(c).
Appears in 2 contracts
Samples: Credit Agreement (Riviera Resources, LLC), Credit Agreement (Linn Energy, Inc.)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be nine million dollars ($2,250,000,0009,000,000). Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f8.13(c) and (gor Section 9.12(d).
Appears in 2 contracts
Samples: Credit Agreement (Santa Maria Energy Corp), Credit Agreement (Santa Maria Energy Corp)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of (a) the Borrowing Base shall be $2,250,000,0001,600,000,000 (the “Initial Borrowing Base”) and (b) the Available Borrowing Base shall be $1,300,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to this Article III, Section 2.14(e), (f) 6.12 and (gSection 7.03(a).
Appears in 2 contracts
Samples: Credit Agreement (Exco Resources Inc), Credit Agreement (Exco Resources Inc)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000225,000,000. Notwithstanding the foregoing, the Borrowing Base may shall be subject to further adjustments from time to time pursuant to Section 2.14(e), (f8.13(c) and (g)or Section 9.13.
Appears in 2 contracts
Samples: Credit Agreement (Plains Exploration & Production Co L P), Credit Agreement (Plains Resources Inc)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000725,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(e), (f) and (gSection 2.07(f), or Section 8.13(c).
Appears in 2 contracts
Samples: Credit Agreement (Memorial Resource Development Corp.), Credit Agreement (Memorial Resource Development Corp.)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination DateDate to occur after such date, the amount of the Borrowing Base shall be $2,250,000,000300,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(e), (fSection 8.13(c), Section 9.02(h) and (gor Section 9.12(d).
Appears in 2 contracts
Samples: Credit Agreement (QR Energy, LP), Credit Agreement (QR Energy, LP)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,0001,100,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(e), (fSection 2.07(f), Section 8.12(c) and (g)or Section 9.11.
Appears in 2 contracts
Samples: Credit Agreement (Whiting Petroleum Corp), Credit Agreement (Whiting Petroleum Corp)
Initial Borrowing Base. For the period from and including the Closing Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000360,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f), (g) and (gh).
Appears in 2 contracts
Samples: Credit Agreement (Athlon Energy Inc.), Credit Agreement (Athlon Energy Inc.)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,00040,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments prior to the first Redetermination Date from time to time pursuant to Section 2.14(e2.07(e), (fSection 2.07(f) and (gor Section 8.13(c).
Appears in 2 contracts
Samples: Credit Agreement (HighPeak Energy, Inc.), Credit Agreement (HighPeak Energy, Inc.)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,00050,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f8.13(c) and (gor Section 9.12(d).
Appears in 2 contracts
Samples: Credit Agreement (EV Energy Partners, LP), Credit Agreement (EV Energy Partners, LP)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000145,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments in between Scheduled Redeterminations from time to time pursuant to Section 2.14(e), (f2.08(e) and (gor Section 8.13(c).
Appears in 2 contracts
Samples: Credit Agreement (Centennial Resource Development, Inc.), Credit Agreement (Centennial Resource Development, Inc.)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000800,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments in between Scheduled Redeterminations from time to time pursuant to Section 2.14(e2.07(e), (fSection 8.13(c) and (gor Section 9.12(e)(v).
Appears in 2 contracts
Samples: Credit Agreement (Centennial Resource Development, Inc.), Credit Agreement (Centennial Resource Development, Inc.)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,00055,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f) and (g)the Borrowing Base Adjustment Provisions.
Appears in 2 contracts
Samples: Credit Agreement (Rosehill Resources Inc.), Credit Agreement (Rosehill Resources Inc.)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000143,750,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(e), (fSection 2.07(f), Section 8.12(c) and (gor Section 9.12(d).
Appears in 2 contracts
Samples: Credit Agreement (Parsley Energy, Inc.), Credit Agreement (Parsley Energy, Inc.)
Initial Borrowing Base. For the period from and including the Closing Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,0003,973,000 and, subject to Section 6.16 will increase to an amount to be mutually agreed among the Borrower, the Administrative Agent and each of the Lenders. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f) and ), (g), (h), and (i).
Appears in 2 contracts
Samples: Credit Agreement (KKR Financial Holdings LLC), Credit Agreement (KKR Financial Holdings LLC)
Initial Borrowing Base. For During the period from and including the Closing Date to but excluding until the first Redetermination Date, the amount of next Determination Date the Borrowing Base shall be $2,250,000,000. Notwithstanding the foregoing425,000,000, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e)adjustment or reduction, (fas applicable, as set forth in Sections 2.05(c) and (g2.05(d).
Appears in 2 contracts
Samples: Credit Agreement (Amplify Energy Corp), Credit Agreement (Amplify Energy Corp)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000450,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(e), (f) and (gSection 2.07(f), or Section 8.13(c).
Appears in 2 contracts
Samples: Credit Agreement (WildHorse Resource Development Corp), Credit Agreement (WildHorse Resource Development Corp)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first next Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,0001,100,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(e), (fSection 8.13(c) and (g)or Section 9.13.
Appears in 2 contracts
Samples: Senior Revolving Credit Agreement (Petrohawk Energy Corp), Senior Revolving Credit Agreement (Petrohawk Energy Corp)
Initial Borrowing Base. For the period from and including the Closing Date to but excluding the first Scheduled Redetermination DateDate thereafter, the amount of the Borrowing Base shall be $2,250,000,000700,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.08(e), (f) and (gSection 2.08(f), Section 8.08 or Section 9.13.
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement (Black Stone Minerals, L.P.)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000107,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments in between Scheduled Redeterminations from time to time pursuant to Section 2.14(e2.07(e), (fSection 8.13(c) and (g)or Section 8.20.
Appears in 2 contracts
Samples: Credit Agreement (Fortis Minerals, LLC), Credit Agreement (Fortis Minerals, Inc.)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000250,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e6.01(p), (fSection 8.13(c) and (g)or Section 9.12.
Appears in 2 contracts
Samples: Credit Agreement (LRR Energy, L.P.), Credit Agreement (LRR Energy, L.P.)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000150,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(e), (f) and (gSection 8.13 or Section 9.11(d).
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,0002,100,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments in between Scheduled Redeterminations from time to time pursuant to this Section 2.14(e), (f) and (g2.07 or Section 8.12(c).
Appears in 1 contract
Samples: Credit Agreement (Energen Corp)
Initial Borrowing Base. For the period from and including the Closing Date to but excluding the first Scheduled Redetermination Date or Interim Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,00075,000,000.00. Notwithstanding the foregoing, the Borrowing Base amount may be subject to further adjustments from time to time pursuant to Section 2.14(eSections 2.16(e), (f) 2.16(f), and (g2.16(g).
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000138,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time after the date of the initial Borrowing pursuant to Section 2.14(e2.07(f), (fSection 2.07(h) and (gor Section 8.12(d).
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000235,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e)6.03, (fSection 8.13(c) and (gor Section 9.12(d).
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000225,000,000. Notwithstanding the foregoing, the Borrowing Base may shall be subject to further adjustments from time to time pursuant to Section 2.14(e8.13(c), (fSection 9.02(h), Section 9.12(a) and (g)or Section 9.13.
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,0001,250,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments in between Scheduled Redeterminations from time to time pursuant to Section 2.14(e2.07(e), (fSection 8.13(c) and (gor Section 9.12(d).
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Date to but excluding the first Redetermination Datedate on which a redetermined or adjusted Borrowing Base becomes effective pursuant to Section 2.4(d), the amount of the Borrowing Base shall be $2,250,000,000425,000,000. Notwithstanding the foregoing, the The Borrowing Base may be is subject to periodic redeterminations, mandatory reductions and further adjustments from time to time pursuant to Section 2.14(e), (f) and (g)this Agreement.
Appears in 1 contract
Samples: Credit Agreement (Ring Energy, Inc.)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,00018,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f) and (g8.12(c).
Appears in 1 contract
Samples: Credit Agreement (Trans Energy Inc)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,00045,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(e), (fSection 8.13(c) and (gor Section 9.12(d).
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000550,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(e), (fSection 8.12(c) and (g)or Section 9.11.
Appears in 1 contract
Samples: Credit Agreement (SRC Energy Inc.)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000175,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f8.13(c) and (g)or Section 9.12.
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be equal to $2,250,000,000460,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f) and (g)the Borrowing Base Adjustment Provisions.
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, (i) the amount of the Borrowing Base shall be $2,250,000,0001,300,000,000 and (ii) the amount of the Conforming Borrowing Base shall be $1,150,000,000. Notwithstanding the foregoing, the Borrowing Base and the Conforming Borrowing Base may be subject to further adjustments from time to time time, whether before or after the first Redetermination Date, pursuant to Section 2.14(e8.12(c), (fSection 9.02(i) and (gor Section 9.12(d).
Appears in 1 contract
Samples: Credit Agreement (Plains Exploration & Production Co)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be Twenty-Seven Million Five Hundred Thousand and No/100 Dollars ($2,250,000,00027,500,000). Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f8.13(c) and (g)or Section 9.11.
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, (i) the amount of the Borrowing Base shall be $2,250,000,0002,900,000,000 and (ii) the amount of the Conforming Borrowing Base shall be $2,600,000,000. Notwithstanding the foregoing, the Borrowing Base and the Conforming Borrowing Base may be subject to further adjustments from time to time time, whether before or after the first Redetermination Date, pursuant to Section 2.14(e8.12(c), (fSection 9.02(a)(ix) and (gor Section 9.12(d).
Appears in 1 contract
Samples: Credit Agreement (Plains Exploration & Production Co)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Datenext Scheduled Redetermination, the amount of the Borrowing Base shall be $2,250,000,00045,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(e), (fSection 8.13(c) and (gor Section 9.12(d).
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000140,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e8.13(c), (fSection 9.11(a) and (g)or Section 9.12.
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,0001,000,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(e), (fSection 2.07(f), Section 8.13(c) and (g)or Section 9.12.
Appears in 1 contract
Samples: Credit Agreement (Cimarex Energy Co)
Initial Borrowing Base. For During the period from and including the Closing Date to but excluding until the first Redetermination Date, the amount of next Determination Date the Borrowing Base shall be $2,250,000,000. Notwithstanding the foregoing425,000,000, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(eadjustment or reduction, as applicable, as set forth in Sections 2.05(c), (f2.05(d) and (g2.05(e).
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000375,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(e), (f) and (gSection 8.13(c), Section 8.18 or Section 9.13.
Appears in 1 contract
Samples: Senior Revolving Credit Agreement (Rosetta Resources Inc.)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000425,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(e), (fSection 2.07(f) and (gor Section 8.13(c).
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date following the Effective Date, the amount of the Borrowing Base shall be $2,250,000,0001,600,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments in between Scheduled Redeterminations from time to time pursuant to Section 2.14(e2.07(e), (fSection 8.13(c), Section 9.12(d), Section 9.12(e) and (gor Section 9.12(f).
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000550,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.14(b), (e), (f) and ), (g), and (h) and Section 9.16.
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,0001,300,000,000. Notwithstanding the foregoing, the Borrowing Base may shall be subject to further adjustments from time to time pursuant to this Section 2.14(e2.07 and Section 8.13(c), (f) Section 9.02(j), Section 9.12, 9.18 and (g)Section 9.20.
Appears in 1 contract
Samples: Credit Agreement (SM Energy Co)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000900,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(e), (fSection 2.07(f), Section 2.07(g) and (gor Section 8.12(c).
Appears in 1 contract
Initial Borrowing Base. For During the period from and including the Closing Date to but excluding until the first Redetermination Date, the amount of next Determination Date the Borrowing Base shall be $2,250,000,000. Notwithstanding the foregoing150,000,000, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e)adjustment or reduction, (fas applicable, as set forth in Sections 2.05(c) and (g2.05(d).
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first next Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,00087,500,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f) and (g)the Borrowing Base Adjustment Provisions.
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000320,000,000, with such Borrowing Base consisting of a Conforming Borrowing Base in an amount equal to $250,000,000 and a Non-Conforming Borrowing Base in an amount equal to $70,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f) and (g)the Borrowing Base Adjustment Provisions.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (Swift Energy Co)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000700,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to this Section 2.14(e), (f) and (g)2.4.
Appears in 1 contract
Samples: Credit Agreement (Comstock Oil & Gas Investments, LLC)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,00040,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e6.01(p), (fSection 8.13(c) and (g)or Section 9.12.
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,0001,400,000,000. Notwithstanding the foregoing, the Borrowing Base may shall be subject to further adjustments from time to time pursuant to this Section 2.14(e2.07 and Section 8.13(c), (f) Section 9.12(a), Section 9.13 and (g)Section 9.21.
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,00035,000,000. Notwithstanding the foregoing, the Borrowing Base may be is subject to further adjustments from time to time pursuant to Section 2.14(e), (f) and (g)6.12 or Section 7.4.
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000150,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(e), (fSection 8.13(c) and (g)or Section 9.12.
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first next Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,0001,600,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time time, whether before or after such Redetermination Date, pursuant to Section 2.14(e), (f9.02(a)(ix) and (gor Section 9.12(d).
Appears in 1 contract
Samples: Credit Agreement (Plains Exploration & Production Co)
Initial Borrowing Base. For the period from and including the Closing Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,00095,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f) and (g)the Borrowing Base Adjustment Provisions.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (Lilis Energy, Inc.)
Initial Borrowing Base. For the period from and including the Closing Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000200,000,000, subject to the rights of the Borrower and the Required Lenders to invoke an optional redetermination. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f) and (g).
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,0001,500,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f2.07(e) and (g)or Section 9.11.
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Date to but excluding the first next Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000725,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f) and (g)the Borrowing Base Adjustment Provisions.
Appears in 1 contract
Samples: Revolving Credit Agreement (Diversified Energy Co PLC)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination DateDate to occur thereafter, the amount of the Borrowing Base shall be an amount equal to $2,250,000,0002,000,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments in between Scheduled Redeterminations from time to time pursuant to Section 2.14(e2.07(e), (fSection 8.12(c) and (gor Section 9.12(d).
Appears in 1 contract
Samples: Credit Agreement (Chord Energy Corp)
Initial Borrowing Base. For the period from and including the Closing Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,00040,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f) and (g)the Borrowing Base Adjustment Provisions.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (Goodrich Petroleum Corp)
Initial Borrowing Base. For the period from and including the Closing Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000140.0 million. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f) and (g)the Borrowing Base Adjustment Provisions.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (Halcon Resources Corp)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000150,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f8.13(c) and (gor Section 9.12(d).
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000150,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f2.07(e) and (gor Section 8.13(c).
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000325,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(e), (fSection 2.07(f), Section 8.13(c) and (g)or Section 9.12.
Appears in 1 contract
Samples: Credit Agreement (Rex Energy Corp)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000325,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(e), (fSection 2.07(f) and (gor Section 8.12(c).
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000700,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f8.13(c) and (g)or Section 9.13.
Appears in 1 contract
Samples: Senior Revolving Credit Agreement (Petrohawk Energy Corp)
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination DateDate thereafter, the amount of the Borrowing Base shall be $2,250,000,000285,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments prior to the first Redetermination Date after the date hereof from time to time pursuant to Section 2.14(e2.07(e), (f) and (gSection 2.07(f), or Section 8.13(c).
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000800,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.14(b), (e), (f) and ), (g), and (h) and Section 9.16.
Appears in 1 contract
Initial Borrowing Base. For During the period from and including the Closing Date to but excluding the first Redetermination Determination Date, the amount of the Borrowing Base shall be $2,250,000,00085,000,000.00. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f) and (g)the terms hereof.
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,0003,200,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f2.07(e) and (g)or Section 9.11.
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date following the Effective Date, the amount of the Borrowing Base shall be an amount equal to $2,250,000,000575,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments in between Scheduled Redeterminations from time to time pursuant to Section 2.14(e2.07(e), (fSection 8.13(c), Section 9.12(d), Section 9.12(e) and (gor Section 9.12(f).
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,00072,500,000.00. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(e), (fSection 8.13(d) and (gor Section 9.12(d).
Appears in 1 contract
Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Initial Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000350,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f2.07(e) and (g)Section 9.11.
Appears in 1 contract
Samples: Credit Agreement (Rice Energy Inc.)
Initial Borrowing Base. For the period from and including the Closing Date to but excluding the first Scheduled Redetermination Date or Interim Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000600,000,000. Notwithstanding the foregoing, the Borrowing Base amount may be subject to further adjustments from time to time pursuant to Section Sections 2.14(e), (f) 2.14(f), and (g2.14(g).
Appears in 1 contract