Common use of Initial Borrowing Base Clause in Contracts

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), Second Lien Intercreditor Agreement (Samson Resources Corp)

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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 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 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), Credit Agreement (Viper Energy Partners LP), Additional Lender Agreement (Viper Energy Partners 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 $2,250,000,00075,000,000. 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. During a Borrowing Base Period, this Agreement shall be subject to a 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 $2,250,000,0001,200,000,000. 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)Section 9.11.

Appears in 3 contracts

Samples: Credit Agreement (Ultra Petroleum Corp), Credit Agreement, Credit Agreement (Ultra Petroleum Corp)

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 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 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: Credit Agreement (HighPoint Resources Corp), Credit Agreement (Bill Barrett Corp), Credit Agreement (Bill Barrett Corp)

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 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 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 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 $2,250,000,00035,000,000. 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 $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: Credit Agreement (Royal Resources Partners LP), Credit Agreement (Royal Resources 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 $2,250,000,000725,000,000. 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 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 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 $2,250,000,00012,000,000. 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 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 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: Security Agreement (KKR Financial Holdings LLC), Credit Agreement (KKR Financial Holdings 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 $2,250,000,000143,750,000. 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 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 Resources Inc), Credit Agreement (Plains Exploration & Production Co 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 $2,250,000,000500,000,000. 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 $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 $2,250,000,00047,000,000. 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. During a Borrowing Base Period, this Agreement shall be subject to a 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 $2,250,000,0001,200,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f) and (g)9.11.

Appears in 2 contracts

Samples: Credit Agreement (Ultra Petroleum Corp), Credit Agreement (Ultra 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 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 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 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; 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 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 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 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 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: Secured Revolving Credit Agreement, 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 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 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 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 $2,250,000,000300,000,000. 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 $2,250,000,00055,000,000. 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 $2,250,000,0001,100,000,000. 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 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 $2,250,000,00040,000,000. 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 $2,250,000,000107,000,000. 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 $2,250,000,000450,000,000. 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 Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000100,000,000. The Borrowing Base shall include a reserve against availability in the amount of the outstanding principal balance of the Term Loans plus the undrawn face amount of letters of credit permitted by Section 9.02(j)(ii). Notwithstanding the foregoing, the Borrowing Base may be is 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

Samples: Senior Credit Agreement (Quest Resource 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 $2,250,000,0001,000,000,000. Notwithstanding the foregoing, the 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 (g)or Section 9.12.

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 $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

Samples: Credit Agreement (Cabot Oil & Gas Corp)

Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first First Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000260,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f8.13(d) and (g)or Section 9.12.

Appears in 1 contract

Samples: Credit Agreement (Resolute 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), 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 $2,250,000,00015,000,000. 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: Credit Agreement (Us Energy Corp)

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 $2,250,000,000200,000,000. 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 1 contract

Samples: Credit Agreement (Vitesse Energy, Inc.)

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 $2,250,000,000225,000,000. 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 (gor Section 9.12(d).

Appears in 1 contract

Samples: Credit Agreement (Diamondback Energy, Inc.)

Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Redetermination DateOctober 1st, 2009, the amount of the Borrowing Base shall be equal to $2,250,000,000340,000,000. 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

Samples: Credit Agreement (Legacy Reserves 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 $2,250,000,00040,000,000. 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 $2,250,000,0001,575,000,000. 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 Resources Inc)

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 $2,250,000,000500,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(e), (f) and (gSection 8.13(c), Section 9.12 or Section 9.19.

Appears in 1 contract

Samples: Credit Agreement (HighPoint Resources Corp)

Initial Borrowing Base. For the period from and including the Closing Effective Date to but excluding the first Scheduled Redetermination DateDate thereafter, the amount of the Borrowing Base shall be $2,250,000,0004,500,000,000. 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 8.12(c), or Section 9.11(d).

Appears in 1 contract

Samples: Credit Agreement (Linn Energy, 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 $2,250,000,0002,000,000,000. Notwithstanding the foregoing, the Borrowing Base may shall be subject to further adjustments from time to time pursuant to this Section 2.14(e), (f) 2.07 and (gSection 8.13(c).

Appears in 1 contract

Samples: Credit Agreement (Comstock Resources Inc)

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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 $2,250,000,0006,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f) and (g8.13(c).

Appears in 1 contract

Samples: Credit Agreement (Dune 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 Thirty-Five Million ($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), (f8.13(c) and (g)or Section 9.11.

Appears in 1 contract

Samples: Credit Agreement (Black Elk Energy Finance 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(e2.07(e), (fSection 8.13(c) and (g)or Section 9.12.

Appears in 1 contract

Samples: 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 $2,250,000,000. 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)140,300,000.

Appears in 1 contract

Samples: Credit Agreement (Atlas Energy, L.P.)

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 $2,250,000,000200,000,000. 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

Samples: Credit Agreement (Mach Natural Resources Lp)

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

Samples: Credit Agreement (Chaparral 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 $2,250,000,000600,000,000. Notwithstanding the foregoing, the Borrowing Base amount may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f), (g) and (gh).

Appears in 1 contract

Samples: Credit Agreement (Talos 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 $2,250,000,000. 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)615,000,000.

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Denbury Resources 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 $2,250,000,000460,000,000. 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

Samples: Credit Agreement (Legacy Reserves 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 $2,250,000,000150,000,000. 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

Samples: Credit Agreement (Jones 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 equal to $2,250,000,000115,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f) and (gh).

Appears in 1 contract

Samples: Credit Agreement (Falcon Minerals 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 $2,250,000,000275,000,000 (the “Initial Borrowing Base”). Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e6.01(r), (fSection 8.13(c) and (g)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, (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 $2,250,000,000450,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to this Article III and Section 2.14(e), (f) and (g)6.12.

Appears in 1 contract

Samples: Credit Agreement (PDC 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 $2,250,000,000150,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to this Section 2.14(e2.07 or Section 8.13(c), (f) and (gSection 9.02(f), Section 9.12 or Section 9.19.

Appears in 1 contract

Samples: Credit Agreement (Resolute Energy 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 $2,250,000,00060,000,000. 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 (AMERICAN EAGLE 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 $2,250,000,00025,000,000. 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

Samples: Credit Agreement (Northern Oil & Gas, 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

Samples: Credit Agreement (Mach Natural Resources 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 $2,250,000,0001,900,000,000. 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(i), Section 9.12, 9.17 and (g)Section 9.18.

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 $2,250,000,000225,000,000. 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

Samples: Credit Agreement (Energy Partners LTD)

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 $2,250,000,000750,000,000. 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 9.02(k) and (g)or Section 9.13.

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 $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(b), (f) and (gSection 2.07(e), Section 2.07(f), or Section 8.13(c).

Appears in 1 contract

Samples: Credit Agreement (Berry 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 $2,250,000,00050,000,000. 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

Samples: Loan Agreement (Ram Energy 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 $2,250,000,00072,500,000.00. 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

Samples: Credit Agreement (New Source 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 $2,250,000,000700,000,000. 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 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

Samples: Credit Agreement (Sanchez Energy Corp)

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

Samples: 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 $2,250,000,000200,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f) and (g2.07 or Section 9.11(d).

Appears in 1 contract

Samples: Credit Agreement (Gran Tierra 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 $2,250,000,000835,000,000. 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(g) and (gor Section 8.12(d).

Appears in 1 contract

Samples: Credit Agreement (Atlas Resource Partners, L.P.)

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 $2,250,000,000600.0 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 $2,250,000,000425,000,000. 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

Samples: 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 Twenty-five Million ($2,250,000,00025,000,000). Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f‎Section 8.13(c) and (g)or ‎Section 9.11.

Appears in 1 contract

Samples: Credit Agreement (Magnum Hunter Resources 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 $2,250,000,00095,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(ethe Borrowing Base Adjustment Provisions. (b), (f) and (g).

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Lilis 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 $2,250,000,00070,000,000. 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(g), Section 8.12(d) and (gor Section 9.11(d).

Appears in 1 contract

Samples: Credit Agreement (Atlas 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 $2,250,000,000100,000,000. Following the first Redetermination Date, the Borrowing Base shall be determined pursuant to this Section 2.07. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e2.07(b), (fSection 2.07(c), Section 8.13(c) and (gor Section 9.12(d).

Appears in 1 contract

Samples: Credit Agreement (Emerald Oil, 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 be subject to further adjustments prior to the first Redetermination Date 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

Samples: Credit Agreement (Chaparral Energy, Inc.)

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

Samples: Credit Agreement (Whittier 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 $2,250,000,000140,000,000. 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

Samples: Credit Agreement (Eagle Rock Energy Partners 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 $2,250,000,0001,150,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further 51 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 1 contract

Samples: Credit Agreement (Centennial Resource Development, Inc.)

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