Scheduled Redetermination definition

Scheduled Redetermination has the meaning assigned such term in Section 2.07(b).

Scheduled Redetermination means any redetermination of the Borrowing Base pursuant to Section 3.02.

Scheduled Redetermination shall have the meaning provided in Section 2.14(b).

Examples of Scheduled Redetermination in a sentence

• Notwithstanding the foregoing, no Scheduled Redetermination or Interim Redetermination shall become effective until the New Borrowing Base Notice related thereto is received by the Borrower.

• Notwithstanding the foregoing, no Scheduled Redetermination, Interim Redetermination or adjusted Borrowing Base shall become effective until the New Borrowing Base Notice related thereto is received by the Borrower.

• Within three Business Days of its receipt of a New Borrowing Base Notice, the Borrower may provide written notice to the Administrative Agent and the Lenders that specifies for the period from the effective date of the New Borrowing Base Notice until the next succeeding Scheduled Redetermination Date, the Borrowing Base will be a lesser amount than the amount set forth in such New Borrowing Base Notice, whereupon such specified lesser amount will become the new Borrowing Base.

• Such amount shall then become the Borrowing Base until the next Scheduled Redetermination Date, the next Interim Redetermination Date or the next adjustment to the Borrowing Base pursuant to the Borrowing Base Adjustment Provisions, whichever occurs first.

• Such amount shall then become the Borrowing Base until the next Scheduled Redetermination Date, the next Interim Redetermination Date or the next adjustment to the Borrowing Base under Section 2.07(e), Section 2.07(f) or Section 8.13(c), whichever occurs first.

More Definitions of Scheduled Redetermination

Scheduled Redetermination has the meaning assigned to such term in Section 3.02.

Scheduled Redetermination has the meaning specified in the First Lien Credit Agreement.

Scheduled Redetermination means any Redetermination of the Borrowing Base and the Conforming Borrowing Base pursuant to Section 5.2.

Scheduled Redetermination means any redetermination of the Global Borrowing Base pursuant to Section 2.7(b).

Scheduled Redetermination has the meaning assigned to such term under the Antero Resources Credit Agreement.

Scheduled Redetermination shall have the meaning set forth in Section 2.4(b).

Scheduled Redetermination has the meaning assigned such term in Section 2.07(b). For purposes of this Agreement, the initial Borrowing Base determination on the Effective Date shall constitute a Scheduled Redetermination hereunder. “Scheduled Redetermination Date” means the date on which a Borrowing Base that has been redetermined pursuant to a Scheduled Redetermination becomes effective as provided in Section 2.07(d). For purposes of this Agreement, the Effective Date shall constitute a Scheduled Redetermination Date hereunder. “SEC” means the Securities and Exchange Commission or any successor Governmental Authority. “Second Amendment” means that certain Second Amendment to Amended and Restated Credit Agreement, dated as of October 31, 2022 among the Parent, the Borrower, the other Guarantors, the Administrative Agent, the Issuing Bank and the Lenders party thereto. “Second Amendment Effective Date” has the meaning assigned to such term in the Second Amendment. “Secured Leverage Ratio” means, as of any date of determination, the ratio of Total Secured Net Debt as of such date to EBITDAX for the most recently ended Test Period (or if such date is the last day of a fiscal quarter, the Test Period ending on such date), in each case for the Parent and the Consolidated Restricted Subsidiaries. “Secured Parties” means, collectively, the Administrative Agent, the Lenders, the Bank Products Providers and the Secured Swap Parties, and “Secured Party” means any of them individually. “Secured Swap Agreements” means (i) any Swap Agreement between a member of the Parent Group or any Restricted Subsidiary and any Secured Swap Party and (ii) any Permitted Existing Secured Swap Agreement. “Secured Swap Indebtedness” means Indebtedness of the type referred to in clause (b) of the definition of Indebtedness. “Secured Swap Party” means any Person that is a party to a Swap Agreement with a member of the Parent Group or any Restricted Subsidiary that entered into such Swap Agreement prior to the time, or during the time, that such Person or its Affiliate is a Revolving Lender (including any Swap Agreement between such Person in existence prior to the date hereof), even