Common use of Type and Number of Advances Clause in Contracts

Type and Number of Advances. Any Advance on the Commitment may be a Prime Rate Loan or a BA Rate Loan, or a combination thereof, as selected by the Borrower pursuant to Section 4 hereof. The total number of Tranches which may be outstanding at any time shall never exceed four (4).

Appears in 3 contracts

Samples: Credit Agreement (Exco Resources Inc), Credit Agreement (Exco Resources Inc), Credit Agreement (Exco Resources Inc)

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Type and Number of Advances. Any Advance on under the Commitment may be a Prime Base Rate Loan or a BA Rate Eurodollar Loan, or a combination thereof, as selected by the Borrower pursuant to Section 4 hereof. The total number of Tranches which may be outstanding at any time shall never exceed four eight (4)8).

Appears in 2 contracts

Samples: Credit Agreement (Range Resources Corp), Credit Agreement (Range Resources Corp)

Type and Number of Advances. Any Advance on the Commitment may be a Prime Base Rate Loan or a BA Rate LIBOR Loan, or a combination thereof, as selected by the Borrower Borrowers pursuant to Section 4 hereof. The total number of Tranches which may be outstanding at any time shall never exceed four three (43).

Appears in 2 contracts

Samples: Credit Agreement (Parallel Petroleum Corp), Credit Agreement (Parallel Petroleum Corp)

Type and Number of Advances. Any Advance on the Commitment may be a Prime Base Rate Loan or a BA Rate Eurodollar Loan, or a combination thereof, as selected by the Borrower pursuant to Section 4 hereof. The total number of Tranches which may be outstanding at any time shall never exceed four five (45).

Appears in 2 contracts

Samples: Credit Agreement (Approach Resources Inc), Credit Agreement (Approach Resources Inc)

Type and Number of Advances. Any Advance on of the Commitment may --------------------------- be a Prime Base Rate Loan or a BA Rate LIBOR Loan, or a combination thereof, as selected by the Borrower Borrowers pursuant to Section 4 hereof. The total number of Tranches which may be outstanding at any time shall never exceed four (4).

Appears in 1 contract

Samples: Credit Agreement (3tec Energy Corp)

Type and Number of Advances. Any Advance on of the Commitment may be a Prime Base Rate Loan or a BA Rate LIBOR Loan, or a combination thereof, as selected by the Borrower Borrowers pursuant to Section 4 hereof. The total number of Tranches which may be outstanding at any time shall never exceed four (4).

Appears in 1 contract

Samples: Credit Agreement (3tec Energy Corp)

Type and Number of Advances. Any Advance on the Commitment Commitments may be a Prime Floating Rate Loan or a BA Rate Eurodollar Loan, or a combination thereof, as selected by the Borrower Borrowers pursuant to Section 4 hereof. The total number of Tranches which may be outstanding at any time shall never exceed four (4).

Appears in 1 contract

Samples: Credit Agreement (Exco Resources Inc)

Type and Number of Advances. Any Advance on the Commitment may be a Prime Base Rate Loan or a BA Rate LIBOR Loan, or a combination thereof, as selected by the Borrower pursuant to Section 4 hereof. The total number of Tranches which may be outstanding at any time shall never exceed four three (43). 3.

Appears in 1 contract

Samples: Credit Agreement (Parallel Petroleum Corp /De/)

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Type and Number of Advances. Any Advance on the Commitment may be a Prime Base Rate Loan or a BA Rate LIBOR Loan, or a combination thereof, as selected by the Borrower pursuant to Section 4 hereof. The total number of Tranches which may be outstanding at any time shall never exceed four (4).

Appears in 1 contract

Samples: Credit Agreement (Parallel Petroleum Corp)

Type and Number of Advances. Any Advance on the Commitment may be a Prime Base Rate Loan or a BA Rate LIBOR Loan, or a combination thereof, as selected by the Borrower pursuant to Section 4 hereof4. The total number of Tranches which may be outstanding at any time shall never exceed four ten (410).

Appears in 1 contract

Samples: Credit Agreement (Range Resources Corp)

Type and Number of Advances. Any Advance on the Commitment may be a Prime Base Rate Loan or a BA Rate LIBOR Loan, or a combination thereof, as selected by the Borrower pursuant to Section 4 hereof. The total number of Tranches which may be outstanding at any time shall never exceed four ten (410).

Appears in 1 contract

Samples: Credit Agreement (Range Resources Corp)

Type and Number of Advances. Any Advance on the Commitment Commitments may be a Prime Base Rate Loan or a BA Rate LIBOR Loan, or a combination thereof, as selected by the Borrower pursuant to Section 4 hereof. The total number of Tranches which may be outstanding at any time shall never exceed four (4).

Appears in 1 contract

Samples: Credit Agreement (Southwest Royalties Inc)

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