Common use of Initial Borrowing Base Clause in Contracts

Initial Borrowing Base. During the period from the Effective ---------------------- Date to the first Redetermination Date, the Borrowing Base shall be $115,000,000.

Appears in 1 contract

Samples: Credit Agreement (Barrett Resources Corp)

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Initial Borrowing Base. During For the period from and including the Effective ---------------------- Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $115,000,000850,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time, whether before or after such Redetermination Date, pursuant to Section 8.12(c), Section 9.02(n) or Section 9.10.

Appears in 1 contract

Samples: Credit Agreement (Quicksilver Resources Inc)

Initial Borrowing Base. During For the period from and including the Effective ---------------------- Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $115,000,00075,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 8.13(c) or 0.

Appears in 1 contract

Samples: Credit Agreement (Rex Energy Corp)

Initial Borrowing Base. During For the period from and including the Effective ---------------------- Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $115,000,0006,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 8.13(c).

Appears in 1 contract

Samples: Credit Agreement (Dune Energy Inc)

Initial Borrowing Base. During For the period from and including the Effective ---------------------- Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $115,000,00011,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 8.13(c) or Section 9.12.

Appears in 1 contract

Samples: Credit Agreement (Northern Oil & Gas, Inc.)

Initial Borrowing Base. During For the period from and including the Effective ---------------------- Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $115,000,000800,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments between the Effective Date and the first Scheduled Redetermination and in between subsequent Scheduled Redeterminations from time to time pursuant to Interim Redeterminations and the Borrowing Base Adjustment Provisions.

Appears in 1 contract

Samples: Credit Agreement (BKV Corp)

Initial Borrowing Base. During For the period from and including the Effective ---------------------- Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $115,000,00055,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 8.13(c) or Section 9.11(d).

Appears in 1 contract

Samples: Credit Agreement (McMoran Exploration Co /De/)

Initial Borrowing Base. During For the period from and including the Effective ---------------------- Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $115,000,000140,300,000.

Appears in 1 contract

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

Initial Borrowing Base. During For the period from and including the Effective ---------------------- Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $115,000,000150,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 8.13(c), Section 8.16 or Section 9.12(d).

Appears in 1 contract

Samples: Credit Agreement (Petroquest Energy Inc)

Initial Borrowing Base. During For the period from and including the Effective ---------------------- Date to but excluding the first First Redetermination Date, the amount of the Borrowing Base shall be $115,000,000180,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 8.13(d), Section 8.16 or Section 9.12.

Appears in 1 contract

Samples: Credit Agreement (Resolute Energy Corp)

Initial Borrowing Base. During For the period from and including the Effective ---------------------- Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $115,000,00075,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 9.11.

Appears in 1 contract

Samples: Credit Agreement (Rice Energy Inc.)

Initial Borrowing Base. During For the period from and including the Effective ---------------------- Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $115,000,00015,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to the Borrowing Base Adjustment Provisions.

Appears in 1 contract

Samples: Credit Agreement (Us Energy Corp)

Initial Borrowing Base. During For the period from and including the Effective ---------------------- Date to but excluding the date of the first Redetermination DateScheduled Redetermination, the amount of the Borrowing Base shall be $115,000,0009,840,510.90.

Appears in 1 contract

Samples: Credit Agreement (Imperial Petroleum Inc)

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Initial Borrowing Base. During For the period from and including the Effective ---------------------- Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $115,000,00017,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 8.12(c) or Section 9.12.

Appears in 1 contract

Samples: Credit Agreement (Petro Resources Corp)

Initial Borrowing Base. During the period from the Effective Date ---------------------- Date to the first Redetermination Date, the Borrowing Base shall be $115,000,000160,000,000.

Appears in 1 contract

Samples: Revolving Credit Agreement (Barrett Resources Corp)

Initial Borrowing Base. During For the period from and including the Effective ---------------------- Date to but excluding the first First Redetermination Date, the amount of the Borrowing Base shall be $115,000,000450,000,000. The amount of the Borrowing Base shall remain at $450,000,000 until the First Redetermination Date in accordance with the procedures set forth in this Section 2.07. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 8.13(c).

Appears in 1 contract

Samples: Credit Agreement (Chaparral Energy, Inc.)

Initial Borrowing Base. During For the period from and including the Effective ---------------------- Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $115,000,00014,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 8.12(c) or Section 9.12.

Appears in 1 contract

Samples: Credit Agreement (ABC Funding, Inc)

Initial Borrowing Base. During For the period from and including the Effective ---------------------- Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $115,000,000150,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to the Borrowing Base Adjustment Provisions.

Appears in 1 contract

Samples: Credit Agreement (Rosehill Resources Inc.)

Initial Borrowing Base. During For the period from and including the Effective ---------------------- Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $115,000,00060,000,000. Notwithstanding the foregoing, the Borrowing Base shall be subject to further adjustments from time to time pursuant to Section 8.13(c), Section 9.12(a) or Section 9.13.

Appears in 1 contract

Samples: Credit Agreement (Energy Partners LTD)

Initial Borrowing Base. During For the period from and including the Effective ---------------------- Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $115,000,00010,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 9.11(d).

Appears in 1 contract

Samples: Credit Agreement (Rice Energy Inc.)

Initial Borrowing Base. During For the period from and including the Effective ---------------------- Closing Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $115,000,000615,000,000.

Appears in 1 contract

Samples: Senior Secured Super Priority Debtor in Possession Credit Agreement (Denbury Resources Inc)

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