Common use of Special Redetermination Clause in Contracts

Special Redetermination. (a) In addition to Scheduled Redeterminations, Required Banks shall be permitted to make a Special Redetermination of the Borrowing Base once in each period between Scheduled Redeterminations. Any request by Required Banks pursuant to this Section 5.3(a) shall be submitted to Administrative Agent and Borrower. (b) In addition to Scheduled Redeterminations, Borrower shall be permitted to request a Special Redetermination of the Borrowing Base once in each Fiscal Year. Such request shall be submitted to Administrative Agent and Required Banks and at the time of such request Borrower shall deliver to each Bank a Reserve Report. Together with such request, Borrower shall also notify each Bank of the Borrowing Base requested by Borrower in connection with such Special Redetermination. (c) Any Special Redetermination shall be made by Banks in accordance with the procedures and standards set forth in Section 5.2; provided, that, no Reserve Report will be required to be delivered to Banks in connection with any Special Determination requested by Required Banks pursuant to clause (a) above.

Special Redetermination. (a) In addition to Scheduled Redeterminations, Borrower and Required Banks shall each be permitted to make request a Special Redetermination of the Borrowing Base once in each period between Scheduled RedeterminationsFiscal Year. Any request by Required Banks pursuant to this Section 5.3(a) shall be submitted to Administrative Agent and Borrower. (b. Any request by Borrower pursuant to this Section 5.3(a) In addition to Scheduled Redeterminations, Borrower shall be permitted to request a Special Redetermination of the Borrowing Base once in each Fiscal Year. Such request shall be submitted to Administrative Agent and Required Banks each Bank and at the time of such request Borrower shall (i) deliver to Administrative Agent and each Bank a Reserve Report. Together with such request, Borrower shall and (ii) also notify Administrative Agent and each Bank of the Borrowing Base requested by Borrower in connection with such Special Redetermination. (cb) Any Special Redetermination shall be made by Banks in accordance with the procedures and standards set forth in Section 5.2; provided, that, no Reserve Report will be required to be delivered to Administrative Agent and Banks in connection with any Special Determination Redetermination requested by Required Banks pursuant to clause (aSection 5.3(a) above.

Special Redetermination. (a) In addition to Scheduled Redeterminations, Required Banks shall be permitted to make a Special Redetermination of the Borrowing Base once in each period between Scheduled Redeterminations. Any request by Required Banks pursuant to this Section 5.3(a) shall be submitted to Administrative Agent and Borrower. (b) In addition to Scheduled Redeterminations, Borrower shall be permitted to request a Special Redetermination of the Borrowing Base once in each Fiscal Year. Such request shall be submitted to Administrative Agent and Required Banks and at the time of such request Borrower shall deliver to each Bank a Reserve Report. Together with such request, Borrower shall also notify each Bank of the Borrowing Base requested by Borrower in connection with such Special Redetermination. (c) Any Special Redetermination shall be made by Banks in accordance with the procedures and standards set forth in Section 5.2; provided, that, no Reserve Report will be required to be delivered to Banks in connection with any Special Determination requested by Required Banks pursuant to clause (a) above.

Special Redetermination. (a) In addition to Scheduled Redeterminations, the Celero Xxxxxxx Redetermination, and any Mandatory Debt Issuance Redetermination, Borrower and Required Banks shall each be permitted to make request a Special Redetermination of the Borrowing Base once in each period between Scheduled Redeterminations. Any request by Required Banks pursuant to this Section 5.3(a) shall be submitted to Administrative Agent and Borrower. (b. Any request by Borrower pursuant to this Section 5.3(a) In addition to Scheduled Redeterminations, Borrower shall be permitted to request a Special Redetermination of the Borrowing Base once in each Fiscal Year. Such request shall be submitted to Administrative Agent and Required Banks each Bank and at the time of such request Borrower shall (i) deliver to Administrative Agent and each Bank a Reserve Report. Together with such request, Borrower shall and (ii) also notify Administrative Agent and each Bank of the Borrowing Base requested by Borrower in connection with such Special Redetermination. (cb) Any Special Redetermination shall be made by Banks in accordance with the procedures and standards set forth in Section 5.2; provided, that, no Reserve Report will be required to be delivered to Administrative Agent and Banks in connection with any Special Determination Redetermination requested by Required Banks pursuant to clause (aSection 5.3(a) above.

Special Redetermination. (a) In addition to Scheduled Redeterminations, Required Banks shall be permitted to make a Special Redetermination of the Borrowing Base once in each period between Scheduled Redeterminationscalendar year. Any request by Required Banks pursuant to this Section 5.3(a3.3(a) shall be submitted to Administrative Agent and Borrower. (b) In addition to Scheduled Redeterminations, Borrower shall be permitted to request a Special Redetermination of the Borrowing Base once in each Fiscal Yearcalendar year. Such request shall be submitted to Administrative Agent and Required Banks and at the time of such request Borrower shall deliver to each Bank a Reserve Report. Together with such request, Borrower shall also notify each Bank of the Borrowing Base requested by Borrower in connection with such Special Redetermination. (c) Any Special Redetermination shall be made by Banks in accordance with the procedures and standards set forth in Section 5.23.2; provided, that, no Reserve Report will be required to be delivered to Banks in connection with any Special Determination Redetermination requested by Required Banks pursuant to clause (a) above.

Special Redetermination. (a) In addition to Scheduled Redeterminations, Borrower and Required Banks shall each be permitted to make (i) a Special Redetermination pursuant to Section 8.9, and (ii) other Special Redeterminations of the Borrowing Base; provided, that, Required Banks and Borrower shall be permitted to make a only one (1) Special Redetermination of the Borrowing Base once pursuant to this clause (ii) in each period between Scheduled Redeterminations. Any request by Required Banks pursuant to this Section 5.3(a) shall be submitted to Administrative Agent and Borrower. (b) In addition to Scheduled Redeterminations, Borrower shall be permitted to request for a Special Redetermination of the Borrowing Base once in each Fiscal Year. Such request shall be submitted made pursuant to Administrative Agent and Required Banks and at a written notice to the time other parties to this Agreement, and, in the case of a request by Borrower, such request Borrower notice shall deliver to each Bank be accompanied by a Reserve Report. Together with such request, Borrower shall also notify each Bank Report and a notification of the Borrowing Base requested by Borrower in connection with such Special Redetermination. (cb) Any Special Redetermination shall be made by Banks in accordance with the procedures and standards set forth in Section 5.2; provided, that, no Reserve Report will be required to be delivered to Administrative Agent and Banks in connection with any Special Determination Redetermination requested by Required Banks pursuant to clause (a) above.

Special Redetermination. (a) In addition to Scheduled Redeterminations, Required Banks and Borrower shall each be permitted to make a Special Redetermination of the Borrowing Base (i) once in each period between Scheduled Redeterminations, and (ii) at the times contemplated by Sections SECTION 8.3 and SECTION 11.5 hereof. Any request by Required Banks pursuant to this Section 5.3(a6.3(a) shall be submitted to Administrative Agent and Borrower. (b) In addition to Scheduled Redeterminations, and any request by Borrower shall be permitted to request a Special Redetermination of the Borrowing Base once in each Fiscal Year. Such request shall be submitted to Administrative Agent and Required Banks and at the time of such request Borrower shall deliver to each Bank a Reserve Report. Together with such request, Borrower shall also notify each Bank of the Borrowing Base requested by Borrower in connection with such Special Redetermination. (cb) Any Special Redetermination shall be made by Banks in accordance with the procedures and standards set forth in Section 5.26.2; provided, that, no Reserve Report will be required to be delivered to Banks in connection with any Special Determination requested by Required Banks pursuant to clause (a) above.

Special Redetermination. (a) In addition to Scheduled RedeterminationsRedeterminations and the other Redeterminations provided for in this Article IV, Borrower and Required Banks shall each be permitted to make request a Special Redetermination of the Borrowing Base and the Conforming Borrowing Base once in each period between Scheduled Redeterminations. Any request by Required Banks pursuant to this Section 5.3(a4.3(a) shall be submitted to Administrative Agent and Borrower. (b. Any request by Borrower pursuant to this Section 4.3(a) In addition to Scheduled Redeterminations, Borrower shall be permitted to request a Special Redetermination of the Borrowing Base once in each Fiscal Year. Such request shall be submitted to Administrative Agent and Required Banks each Bank and at the time of such request Borrower shall (A) deliver to Administrative Agent and each Bank a Reserve Report. Together with such request, Borrower shall and (B) also notify Administrative Agent and each Bank of the Borrowing Base requested by Borrower in connection with such Special Redetermination. (cb) Any Special Redetermination shall be made by Banks in accordance with the procedures and standards set forth in Section 5.24.2; provided, that, no Reserve Report will be required to be delivered to Administrative Agent and Banks in connection with any Special Determination Redetermination requested by Required Banks pursuant to clause (aSection 4.3(a) above.