Redetermination of the Borrowing Base. (a) As of the Amendment Effective Date, the amount of the Borrowing Base under the Credit Agreement shall be increased to $475,000,000, which Borrowing Base shall remain in effect until (i) reduced pursuant to clause (b) of this Section 3 (if applicable) or (ii) redetermined or adjusted, as applicable, in accordance with the provisions of Section 2.04 of the Credit Agreement or otherwise.
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Samples: And Borrowing Base Redetermination Agreement (Penn Virginia Corp)
Redetermination of the Borrowing Base. (a) As In accordance with the procedure set forth in Section 2.8 of the Amendment Effective DateCredit Agreement, the amount of the Borrowing Base under the Credit Agreement shall be is increased from $200,000,000 to $475,000,000225,000,000, which Borrowing Base shall such increase to be effective as of the Effective Date (as defined below) and to remain in effect until (i) reduced pursuant to clause (b) of this Section 3 (if applicable) or (ii) the Borrowing Base is otherwise redetermined or adjusted, as applicable, in accordance with the provisions of Section 2.04 of the Credit Agreement or otherwiseAgreement.
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Redetermination of the Borrowing Base. (a) As of the Amendment Effective Date, the amount of the Borrowing Base under the Credit Agreement shall be increased to $475,000,000500,000,000, which Borrowing Base shall remain in effect until (i) reduced pursuant to clause (b) of this Section 3 (if applicable) or (ii) redetermined or adjusted, as applicable, in accordance with the provisions of Section 2.04 of the Credit Agreement or otherwise.
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Samples: And Borrowing Base Redetermination Agreement (Penn Virginia Corp)
Redetermination of the Borrowing Base. (a) As of the Amendment Effective Date, the amount of the Borrowing Base under the Credit Agreement shall be increased to $475,000,000, which Borrowing Base shall remain in effect and until (i) reduced pursuant to clause (b) of this Section 3 (if applicable) or (ii) further redetermined or adjusted, as applicable, pursuant to the next redetermination of the Borrowing Base in accordance with the provisions of Section 2.04 of the Credit Agreement or otherwise, the amount of the Borrowing Base under the Credit Agreement was increased to $425,000,000.
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