Common use of Redetermined Borrowing Base Clause in Contracts

Redetermined Borrowing Base. This Amendment shall constitute a notice of the Redetermination of the Borrowing Base pursuant to Section 4.2 of the Agreement, and the Administrative Agent hereby notifies the Borrowers that, as of the date of this Amendment and until the next Redetermination, the redetermined Borrowing Base is $250,000,000.

Appears in 2 contracts

Samples: Credit Agreement (Clayton Williams Energy Inc /De), Credit Agreement (Clayton Williams Energy Inc /De)

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Redetermined Borrowing Base. This Amendment shall constitute a notice of the Redetermination of the Borrowing Base pursuant to Section 4.2 3.02 of the Credit Agreement, and the Administrative Agent hereby notifies the Borrowers Borrower that, as of the date of this Amendment and until the next RedeterminationAmendment, the redetermined Borrowing Base is $250,000,000960,000,000.

Appears in 1 contract

Samples: Credit Agreement (Concho Resources Inc)

Redetermined Borrowing Base. This Amendment shall constitute a notice of the Redetermination redetermination of the Borrowing Base pursuant to Section 4.2 3.02 of the Credit Agreement, and the Administrative Agent hereby notifies the Borrowers Borrower that, as of the date of this Amendment and until the next RedeterminationAmendment, the redetermined Borrowing Base is $250,000,000550,000,000.

Appears in 1 contract

Samples: Credit Agreement (Concho Resources Inc)

Redetermined Borrowing Base. This Amendment shall constitute a notice of the Redetermination of the Borrowing Base pursuant to Section 4.2 of the Agreement, and the Administrative Agent hereby notifies the Borrowers that, as of the date of this Amendment and until the next Redetermination, the redetermined Borrowing Base is $250,000,000300,000,000.

Appears in 1 contract

Samples: Credit Agreement (Clayton Williams Energy Inc /De)

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Redetermined Borrowing Base. This Amendment shall constitute a notice of the Redetermination of the Borrowing Base pursuant to Section 4.2 3.04 of the Credit Agreement, and the Administrative Agent Agent, the Lenders and the Borrower hereby notifies the Borrowers that, acknowledge that effective as of the date of this Third Amendment and until the next RedeterminationEffective Date, the redetermined Borrowing Base is $250,000,00035,000,000.

Appears in 1 contract

Samples: Credit Agreement (Gasco Energy Inc)

Redetermined Borrowing Base. This Amendment shall constitute a notice of the Redetermination of the Borrowing Base pursuant to Section 4.2 3.02 of the Credit Agreement, and the Administrative Agent hereby notifies the Borrowers Borrower that, as of the date of this Amendment and until the next RedeterminationAmendment, the redetermined Borrowing Base is $250,000,0001,200,000,000.

Appears in 1 contract

Samples: Credit Agreement (Concho Resources Inc)

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