Common use of The Credits Clause in Contracts

The Credits. Section 2.01 Commitments 21 Section 2.02 Loans and Borrowings 21 Section 2.03 Requests for Borrowings 22 Section 2.04 Interest Elections 23 Section 2.05 Funding of Borrowings 24 Section 2.06 Termination and Reduction of Aggregate Maximum Credit Amounts 25 Section 2.07 Borrowing Base 25 Section 2.08 Letters of Credit 27

Appears in 2 contracts

Samples: Credit Agreement (Santa Maria Energy Corp), Credit Agreement (Santa Maria Energy Corp)

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The Credits. Section 2.01 Commitments 21 23 Section 2.02 Loans and Borrowings 21 23 Section 2.03 Requests for Borrowings 22 25 Section 2.04 Interest Elections 23 26 Section 2.05 Funding of Borrowings 24 27 Section 2.06 Termination Termination, Reduction and Reduction Increase of Aggregate Maximum Credit Amounts 25 Commitments 28 Section 2.07 Borrowing Base 25 Section 2.08 Letters of Credit 2730

Appears in 2 contracts

Samples: Senior Secured Credit Agreement (Exterran Partners, L.P.), Senior Secured Credit Agreement (Universal Compression Partners, L.P.)

The Credits. Section SECTION 2.01 The Commitments 21 Section 15 SECTION 2.02 Loans and Borrowings 21 Section 15 SECTION 2.03 Requests for Borrowings 22 Section 16 SECTION 2.04 Interest Elections 23 Section Letters of Credit 17 SECTION 2.05 Funding of Borrowings 24 Section 20 SECTION 2.06 Termination Interest Elections 21 SECTION 2.07 Termination, Reduction and Reduction Increase of Aggregate Maximum Credit Amounts 25 Section 2.07 Borrowing Base 25 Section 2.08 Letters of Credit 27the Commitments 22

Appears in 1 contract

Samples: Credit Agreement (Frontier Communications Corp)

The Credits. Section 2.01 Commitments 21 27 Section 2.02 Loans and Borrowings 21 27 Section 2.03 Requests for Borrowings 22 28 Section 2.04 Interest Elections 23 29 Section 2.05 Funding of Borrowings 24 30 Section 2.06 Termination and Reduction of Aggregate Maximum Credit Amounts 25 31 Section 2.07 Borrowing Base 25 32 Section 2.08 Letters of Credit 2734 Section 2.09 Defaulting Lenders 39

Appears in 1 contract

Samples: Credit Agreement (Memorial Production Partners LP)

The Credits. Section 2.01 Commitments 21 35 Section 2.02 Loans and Borrowings 21 35 Section 2.03 Requests for Borrowings 22 36 Section 2.04 Interest Elections 23 36 Section 2.05 Funding of Borrowings 24 38 Section 2.06 Increase, Reduction and Termination and Reduction of Aggregate Maximum Credit Amounts 25 Total Commitment 38 Section 2.07 Borrowing Base 25 41 Section 2.08 Letters of Credit 2744

Appears in 1 contract

Samples: Credit Agreement

The Credits. Section 2.01 Commitments 21 55 Section 2.02 Loans and Borrowings 21 56 Section 2.03 Requests for Borrowings 22 57 Section 2.04 Interest Elections 23 [Reserved] 58 Section 2.05 Committed Amount 58 Section 2.06 Letters of Credit 60 Section 2.07 Funding of Borrowings 24 64 Section 2.06 2.08 Interest Elections 64 Section 2.09 Termination and Reduction of Aggregate Maximum Credit Committed Amounts 25 Section 2.07 Borrowing Base 25 Section 2.08 Letters of Credit 2766

Appears in 1 contract

Samples: Credit Agreement (Genesis Energy Lp)

The Credits. Section 2.01 Commitments 21 22 Section 2.02 Loans and Borrowings 21 22 Section 2.03 Requests for Borrowings 22 23 Section 2.04 Interest Elections 23 24 Section 2.05 Funding of Borrowings 24 26 Section 2.06 Termination Termination, Reduction and Reduction Increase of Aggregate Maximum Credit Amounts 25 26 Section 2.07 Borrowing Base 25 29 Section 2.08 Letters of Credit 2731

Appears in 1 contract

Samples: Credit Agreement (EV Energy Partners, LP)

The Credits. Section 2.01 Commitments 21 30 Section 2.02 Loans and Borrowings 21 30 Section 2.03 Requests for Borrowings 22 32 Section 2.04 Interest Elections 23 33 Section 2.05 Funding of Borrowings 24 34 Section 2.06 Termination and Reduction of Changes in the Aggregate Maximum Credit Amounts 25 35 Section 2.07 Borrowing Base 25 37 Section 2.08 Letters of Credit 2740 Section 2.09 Reliance on Notices; Appointment of Borrower Representative 45

Appears in 1 contract

Samples: Credit Agreement (Chaparral Energy, Inc.)

The Credits. Section 2.01 Commitments 21 40 Section 2.02 Loans and Borrowings 21 41 Section 2.03 Requests for Borrowings 22 42 Section 2.04 Interest Elections 23 [Reserved] 42 Section 2.05 Committed Amount 42 Section 2.06 Letters of Credit 45 Section 2.07 Funding of Borrowings 24 Section 2.06 Termination and Reduction of Aggregate Maximum Credit Amounts 25 Section 2.07 Borrowing Base 25 48 Section 2.08 Letters of Credit 27Interest Elections 49 Section 2.09

Appears in 1 contract

Samples: Credit Agreement

The Credits. Section 2.01 Commitments 21 20 Section 2.02 Loans and Borrowings 21 20 Section 2.03 Requests for Borrowings 22 Section 2.04 Interest Elections 23 Section 2.05 Funding of Borrowings 24 Section 2.06 Termination and Reduction of Aggregate Maximum Credit Amounts 25 24 Section 2.07 Borrowing Base 25 Section 2.08 Letters of Credit 27

Appears in 1 contract

Samples: Credit Agreement (Linn Energy, LLC)

The Credits. Section 2.01 Commitments 21 27 Section 2.02 Loans and Borrowings 21 27 Section 2.03 Requests for Borrowings 22 28 Section 2.04 Interest Elections 23 29 Section 2.05 Funding of Borrowings 24 30 Section 2.06 Termination and Reduction of Aggregate Maximum Credit Amounts 25 31 Section 2.07 Borrowing Base 25 32 Section 2.08 Letters of Credit 2735

Appears in 1 contract

Samples: Credit Agreement (Jones Energy, Inc.)

The Credits. Section 2.01 Commitments 21 Section 2.02 Loans and Borrowings 21 Section 2.03 Requests for Borrowings 22 23 Section 2.04 Interest Elections 23 24 Section 2.05 Funding of Borrowings 24 25 Section 2.06 Termination Termination, Reduction and Reduction Increase of Aggregate Maximum Credit Amounts 25 26 Section 2.07 Borrowing Base 25 28 Section 2.08 Letters of Credit 2730

Appears in 1 contract

Samples: Credit Agreement (Rex Energy Corp)

The Credits. Section 2.01 Commitments 21 20 Section 2.02 Loans and Borrowings 21 20 Section 2.03 Requests for Borrowings 22 21 Section 2.04 Interest Elections 23 22 Section 2.05 Funding of Borrowings 24 23 Section 2.06 Termination Termination, Reduction and Reduction Increase of Aggregate Maximum Credit Amounts 25 24 Section 2.07 Borrowing Base 25 26 Section 2.08 Letters of Credit 2728

Appears in 1 contract

Samples: Credit Agreement (McMoran Exploration Co /De/)

The Credits. Section 2.01 Commitments 21 28 Section 2.02 Loans and Borrowings 21 28 Section 2.03 Requests for Borrowings 22 29 Section 2.04 Interest Elections 23 30 Section 2.05 Funding of Borrowings 24 31 Section 2.06 Termination Termination, Reduction and Reduction Increase of Aggregate Maximum Credit Amounts 25 32 Section 2.07 Borrowing Base 25 34 Section 2.08 Letters of Credit 2736 ARTICLE III

Appears in 1 contract

Samples: Credit Agreement (Cimarex Energy Co)

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The Credits. Section 2.01 Commitments 21 Section 2.02 Loans and Borrowings 21 Section 2.03 Requests for Borrowings 22 Section 2.04 Interest Elections 23 Section 2.05 Funding of Borrowings 24 Section 2.06 Termination and Reduction of Aggregate Maximum Credit Amounts 25 24 Section 2.07 Borrowing Base 25 Section 2.08 Letters of Credit 2727 Section 2.09 Incremental Revolving Commitments 31

Appears in 1 contract

Samples: Credit Agreement (McMoran Exploration Co /De/)

The Credits. Section 2.01 Commitments 21 Section 2.02 Loans and Borrowings 21 Section 2.03 Requests for Borrowings 22 Section 2.04 Interest Elections 23 Section 2.05 Funding of Borrowings 24 Section 2.06 Termination and Reduction of Aggregate Maximum Credit Amounts 25 Section 2.07 Borrowing Base 25 Section 2.08 Letters of Credit 2728 Section 2.09 Loans and Borrowings Under Existing Credit Agreement 32 ARTICLE III

Appears in 1 contract

Samples: Credit Agreement (Oasis Petroleum Inc.)

The Credits. Section 2.01 Commitments 21 20 Section 2.02 Loans and Borrowings 21 20 Section 2.03 Requests for Borrowings 22 21 Section 2.04 Interest Elections 23 22 Section 2.05 Funding of Borrowings 24 23 Section 2.06 Termination and Reduction of Aggregate Maximum Credit Amounts 25 24 Section 2.07 Borrowing Base 25 24 Section 2.08 Letters of Credit 2726

Appears in 1 contract

Samples: Credit Agreement (Us Energy Corp)

The Credits. Section 2.01 Commitments 21 22 Section 2.02 Loans and Borrowings 21 23 Section 2.03 Requests for Borrowings 22 25 Section 2.04 Interest Elections 23 25 Section 2.05 Funding of Borrowings 24 27 Section 2.06 Termination and Reduction of Aggregate Maximum Revolving Credit Amounts 25 and Term Loan Commitments 27 Section 2.07 Borrowing Base 25 28 Section 2.08 Letters of Credit 2731

Appears in 1 contract

Samples: Credit Agreement (Whittier Energy Corp)

The Credits. Section 2.01 Commitments 21 Section 2.02 Loans and Borrowings 21 Section 2.03 Requests for Borrowings 22 23 Section 2.04 Interest Elections 23 24 Section 2.05 Funding of Borrowings 24 25 Section 2.06 Termination and Reduction of Aggregate Maximum Credit Amounts 25 Section 2.07 Borrowing Base 25 26 Section 2.08 Letters of Credit 2729

Appears in 1 contract

Samples: Credit Agreement (Linn Energy, LLC)

The Credits. Section 2.01 Commitments 21 27 Section 2.02 Loans and Borrowings 21 28 Section 2.03 Requests for Borrowings 22 29 Section 2.04 Interest Elections 23 30 Section 2.05 Funding of Borrowings 24 31 Section 2.06 Termination and Reduction of Changes in the Aggregate Maximum Credit Amounts 25 32 Section 2.07 Borrowing Base 25 and Conforming Borrowing Base 34 Section 2.08 Letters of Credit 2738 Section 2.09 Reliance on Notices; Appointment of Borrower Representative 42

Appears in 1 contract

Samples: Credit Agreement (Chaparral Energy, Inc.)

The Credits. Section 2.01 2.01. Commitments 21 27 Section 2.02 2.02. Loans and Borrowings 21 27 Section 2.03 2.03. Requests for Revolving Borrowings 22 28 Section 2.04 Interest Elections 23 2.04. Reserved 29 Section 2.05 2.05. Funding of Borrowings 24 29 Section 2.06 Termination and Reduction of Aggregate Maximum Credit Amounts 25 Section 2.07 Borrowing Base 25 Section 2.08 Letters of Credit 272.06. Interest Elections 29

Appears in 1 contract

Samples: Credit Agreement (Delhaize America Inc)

The Credits. Section 2.01 Commitments 21 20 Section 2.02 Loans and Borrowings 21 Section 2.03 Requests for Borrowings 22 Section 2.04 Interest Elections 23 Section 2.05 Funding of Borrowings 24 Section 2.06 Termination and Reduction of Aggregate Maximum Credit Amounts 25 Section 2.07 Borrowing Base 25 Section 2.08 Letters of Credit 2728 ARTICLE III

Appears in 1 contract

Samples: Credit Agreement (Jones Energy, Inc.)

The Credits. Section 2.01 Commitments 21 20 Section 2.02 Loans and Borrowings 21 20 Section 2.03 Requests for Borrowings 22 21 Section 2.04 Interest Elections 23 22 Section 2.05 Funding of Borrowings 24 23 Section 2.06 Termination and Reduction of Aggregate Maximum Credit Amounts 25 24 Section 2.07 Borrowing Base 25 24 Section 2.08 Letters of Credit 27

Appears in 1 contract

Samples: Credit Agreement (APEG Energy II, LP)

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