Common use of No Default; No Borrowing Base Deficiency Clause in Contracts

No Default; No Borrowing Base Deficiency. After giving effect to the amendments set forth in Section 1 and the limited waiver set forth in Section 2 hereof, no Default or Event of Default shall have occurred which is continuing, and no Borrowing Base Deficiency then exists.

No Default; No Borrowing Base Deficiency. After giving effect to the amendments set forth in Section 1 and the limited waiver set forth in Section 2 hereof, no Default or Event of Default shall have occurred which is continuing, and no Borrowing Base Deficiency then exists.

No Default; No Borrowing Base Deficiency. After giving effect to the amendments set forth in Section 1 and the limited waiver set forth in Section 2 hereof, no No Default or Event of Default shall have occurred which is continuing, and no Borrowing Base Deficiency shall then existsexist, in each case, before and after giving effect to the amendments to the Credit Agreement contained in Section 1 hereof, the redetermination of the Borrowing Base contained in Section 2 hereof and the reduction in the Total Commitments contained in Section 3 hereof.

No Default; No Borrowing Base Deficiency. After giving effect to the amendments set forth in Section 1 and the limited waiver set forth in Section 2 hereof, no Default or Event of Default shall have occurred which is continuing, and no Borrowing Base Deficiency then exists.