Common use of New Borrowing Base Clause in Contracts

New Borrowing Base. As of the Effective Date, the Borrowing Base is hereby increased from $35,000,000 to $80,000,000. The Borrowing Base as modified will remain in effect until next redetermined in accordance with the provisions of Section 2.07 of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Rice Energy Inc.)

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New Borrowing Base. As of the Effective Date, the Borrowing Base is hereby increased from $35,000,000 960,000,000 to $80,000,0001,200,000,000. The Borrowing Base as modified will remain in effect until next redetermined in accordance with adjusted pursuant to the provisions of Section 2.07 of the Original Credit Agreement, as amended hereby. The incremental increase in the Borrowing Base is $240,000,000.

Appears in 1 contract

Samples: Credit Agreement (Vanguard Natural Resources, LLC)

New Borrowing Base. As of the Effective Date, the Borrowing Base is hereby increased from $35,000,000 670,000,000 to $80,000,000. The Borrowing Base as modified will remain in effect until next redetermined in accordance with the provisions of Section 2.07 of the Credit Agreement975,000,000.

Appears in 1 contract

Samples: Credit Agreement (Vanguard Natural Resources, LLC)

New Borrowing Base. As of the Effective Date, the Borrowing Base is hereby increased from $35,000,000 to $80,000,0001,525,000,000. The Borrowing Base as modified so increased will remain in effect until next redetermined in accordance with adjusted pursuant to the provisions of Section 2.07 of the Original Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Vanguard Natural Resources, LLC)

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New Borrowing Base. As of the Effective Date, the Borrowing Base is hereby increased from $35,000,000 1,200,000,000 to $80,000,0001,300,000,000. The Borrowing Base as modified will remain in effect until next redetermined in accordance with adjusted pursuant to the provisions of Section 2.07 of the Original Credit Agreement, as amended hereby. The incremental increase in the Borrowing Base is $100,000,000.

Appears in 1 contract

Samples: Credit Agreement (Vanguard Natural Resources, LLC)

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