Common use of Initial Borrowing Base Clause in Contracts

Initial Borrowing Base. During a Borrowing Base Period, this Agreement shall be subject to a Borrowing Base. For the period from and including the Effective Date to but excluding the first Redetermination Date thereafter, the amount of the Borrowing Base shall be $1,200,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.07(e) and Section 9.11.

Initial Borrowing Base. During a Borrowing Base Period, this Agreement shall be subject to a Borrowing Base. For the period from and including the Effective Date to but excluding the first Redetermination Date thereafter, the amount of the Borrowing Base shall be $1,200,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.07(e) and Section 9.11.

Initial Borrowing Base. During a Borrowing Base Period, this Agreement shall be subject to a Borrowing Base. For the period from and including the Effective Date to but excluding the first Redetermination Date thereafterOctober 1st, 2009, the amount of the Borrowing Base shall be equal to $1,200,000,000340,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.07(e8.13(c) and or Section 9.119.12(d).

Initial Borrowing Base. During a Borrowing Base Period, this Agreement shall be subject to a Borrowing Base. For the period from and including the Effective Closing Date to but excluding the first Redetermination Date thereafterdate the Borrowing Base is adjusted pursuant to this Agreement, the amount of the Borrowing Base shall be $1,200,000,000575,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.07(e2.14(b), Section 2.14(e), Section 2.14(f), Section 2.14(g) and Section 9.119.14(c).

Initial Borrowing Base. During a Borrowing Base Period, this Agreement shall be subject to a Borrowing Base. For the period from and including the Effective Date to but excluding the first Redetermination Date thereafterFirst Scheduled Borrowing Base Date, the amount of the Borrowing Base shall be $1,200,000,000850,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments prior to the First Scheduled Borrowing Base Date from time to time pursuant to the terms and provisions of this Agreement including, without limitation, Section 2.07(e), Section 2.07(f) and Section 9.118.13(c).

Initial Borrowing Base. During a Borrowing Base Period, this Agreement shall be subject to a Borrowing Base. For the period from and including the Borrowing Base and Amendment Effective Date to but excluding the first Redetermination Date thereafter, the amount of the Borrowing Base shall be $1,200,000,000125,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.07(e) and Section 9.11the Borrowing Base Adjustment Provisions.

Initial Borrowing Base. During a Borrowing Base Period, this Agreement shall be subject to a Borrowing Base. For the period from and including the Effective Date to but excluding the first Redetermination Date thereafterFirst Scheduled Borrowing Base Date, the amount of the Borrowing Base shall be $1,200,000,00065,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments prior to the First Scheduled Borrowing Base Date from time to time pursuant to the terms and provisions of this Agreement including, without limitation, Section 2.07(e) and Section 9.118.13(c).