Common use of Scheduled Redetermination of the Borrowing Base Clause in Contracts

Scheduled Redetermination of the Borrowing Base. Pursuant to Section 2.07(b), each Lender consents to a Redetermination pursuant to which the Borrowing Base shall be increased to $50,000,000, effective from and including the First Amendment Effective Date to but excluding the next Redetermination Date. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 8.13(c) or Section 9.12(d).

Scheduled Redetermination of the Borrowing Base. Pursuant to Section 2.07(b), each Lender consents to a Redetermination pursuant to which the Borrowing Base shall be increased to $50,000,000400,000,000, effective from and including the First Amendment Effective Date June 9, 2008 to but excluding the next Redetermination Date. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 8.13(c) or Section 9.12(d)9.13.

Scheduled Redetermination of the Borrowing Base. Pursuant to Section 2.07(b), each Lender consents to a Redetermination pursuant to which the Borrowing Base shall be increased to $50,000,000350,000,000, effective from and including the First Amendment Effective Date May 1, 2007 to but excluding the next Redetermination Date. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 8.13(c) or Section 9.12(d)9.13.

Scheduled Redetermination of the Borrowing Base. Pursuant to Section 2.07(b)the April 1 Scheduled Redetermination, each Lender consents to a Redetermination pursuant to which the Borrowing Base shall be increased to $50,000,000765,000,000, effective from and including the First Second Amendment Effective Date to but excluding the next Redetermination Date. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 8.13(c) 8.13 or Section 9.12(d)9.12.