Common use of Scheduled Borrowing Base Determinations Clause in Contracts

Scheduled Borrowing Base Determinations. At all times prior to the Termination Date the Effective Amount shall not exceed the Borrowing Base then in effect. From and after the Effective Date, the initial Borrowing Base hereunder shall be $90,000,000.00, until redetermined pursuant to the terms of this Section 2.

Appears in 2 contracts

Samples: Credit Agreement (BreitBurn Energy Partners L.P.), Credit Agreement (BreitBurn Energy Partners L.P.)

AutoNDA by SimpleDocs

Scheduled Borrowing Base Determinations. At all times prior to the Termination Date the Company shall not permit the Effective Amount shall not to exceed the Borrowing Base then in effect. From and after the Effective Date, the The initial Borrowing Base hereunder shall be $90,000,000.00, until redetermined pursuant to 200,000,000 (the terms of this Section 2"Initial Borrowing Base").

Appears in 1 contract

Samples: Credit Agreement (Venoco, Inc.)

Scheduled Borrowing Base Determinations. At all times prior to the Termination Date the Company shall not permit the Effective Amount shall not to exceed the Borrowing Base then in effect. From and after the Effective Date, the The initial Borrowing Base hereunder shall be $90,000,000.00, until redetermined pursuant to 125,000,000 (the terms of this Section 2“Initial Borrowing Base”).

Appears in 1 contract

Samples: Credit Agreement (Venoco, Inc.)

Scheduled Borrowing Base Determinations. At all times prior to the Termination Date the Effective Amount shall not exceed the Borrowing Base then in effect. From Subject to Section 8.05(e)(ii), from and after the Effective Date, the initial Borrowing Base hereunder shall be $90,000,000.002,500,000,000.00, until redetermined pursuant to the terms of this Section 2.

Appears in 1 contract

Samples: Credit Agreement (Breitburn Energy Partners LP)

AutoNDA by SimpleDocs

Scheduled Borrowing Base Determinations. At all times prior to the Termination Date the Effective Amount shall not exceed the Borrowing Base then in effect. From and after the First Amendment Effective DateDate (which is deemed to be the Scheduled Borrowing Base Determination Date for April 1, 2015), the initial Borrowing Base hereunder shall be $90,000,000.001,800,000,000.00, until redetermined pursuant to the terms of this Section 2.2.05 or adjusted pursuant to Section 8.02(e)(ii)(z) or Section 8.10(d)(ii)

Appears in 1 contract

Samples: Credit Agreement (Breitburn Energy Partners LP)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!