Common use of Level III Clause in Contracts

Level III. If the Utilization Level is greater than or equal to 75% but less than 90%.

Appears in 11 contracts

Samples: Loan Agreement (Resaca Exploitation, Inc.), Loan Agreement (Resaca Exploitation, Inc.), Loan Agreement (Resaca Exploitation, Inc.)

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Level III. If the Utilization Level is greater than or equal to 7550% but less than 9075%.

Appears in 3 contracts

Samples: Credit Agreement (Jagged Peak Energy Inc.), Credit Agreement (Jagged Peak Energy Inc.), Credit Agreement (Triangle Petroleum Corp)

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