Common use of Borrowing Base Redetermination Clause in Contracts

Borrowing Base Redetermination. Pursuant to Section 2.02(b)(i) of the Credit Agreement, the Administrative Agent hereby notifies the Borrower that the amount of the Borrowing Base has been redetermined by the Administrative Agent and the Lenders in accordance with Section 2.02(b)(i) of the Credit Agreement, and has been set by the Administrative Agent and the Lenders at $110,000,000.00, effective as of the Effective Date.

Borrowing Base Redetermination. Pursuant to Section 2.02(b)(i) of the Credit Agreement, the The Administrative Agent hereby notifies the Borrower Borrower, and the undersigned Lenders hereby agree and acknowledge, that the amount of the Borrowing Base has been redetermined by the Administrative Agent and the Lenders in accordance with Section 2.02(b)(i2.02(b)(ii) of the Credit Agreement, and has been set by the Administrative Agent and the Lenders at $110,000,000.00145,000,100, effective as of November 7, 2008. The Borrowing Base shall remain in effect at such level until the Effective DateBorrowing Base is redetermined in accordance with the terms of Section 2.02 of the Credit Agreement.

Borrowing Base Redetermination. Pursuant to Section 2.02(b)(i) of the Credit Agreement, the The Administrative Agent hereby notifies the Borrower Borrower, and the undersigned Lenders hereby agree and acknowledge, that the amount of the Borrowing Base has been redetermined by the Administrative Agent and the Lenders in accordance with Section 2.02(b)(i) of the Credit Agreement, and has been set by the Administrative Agent and the Lenders at $110,000,000.00110,000,000, effective as of the Fourth Amendment Effective Date. The Borrowing Base shall remain in effect at such level until the Borrowing Base is redetermined in accordance with the terms of Section 2.02 of the Credit Agreement.

Borrowing Base Redetermination. Pursuant to Section 2.02(b)(i) of the Credit Agreement, the The Administrative Agent hereby notifies the Borrower Borrowers, and the undersigned Lenders hereby agree and acknowledge, that the amount of the Borrowing Base has been redetermined by the Administrative Agent and the Lenders in accordance with Section 2.02(b)(i2.11(b) and (c) of the Credit Agreement, and has been set by the Administrative Agent and the Lenders at $110,000,000.00375,000,000, effective as of the Effective Date. The Borrowing Base shall remain in effect at such level until the Borrowing Base is redetermined or otherwise adjusted in accordance with the terms of the Credit Agreement.

Borrowing Base Redetermination. Pursuant to Section 2.02(b)(i) of the Credit Agreement, the The Administrative Agent hereby notifies the Borrower Borrowers, and the undersigned Lenders hereby agree and acknowledge, that the amount of the Borrowing Base has been redetermined by the Administrative Agent and the Lenders in accordance with Section 2.02(b)(i2.11(b) and (c) of the Credit Agreement, and has been set by the Administrative Agent and the Lenders at $110,000,000.00450,000,000, effective as of the Effective Date. The Borrowing Base shall remain in effect at such level until the Borrowing Base is redetermined in accordance with the terms of Section 2.11 of the Credit Agreement.

Borrowing Base Redetermination. Pursuant to Section 2.02(b)(i) of the Credit Agreement, the The Administrative Agent hereby notifies the Borrower Borrowers, and the undersigned Lenders hereby agree and acknowledge, that the amount of the Borrowing Base has been redetermined by the Administrative Agent and the Lenders in accordance with Section 2.02(b)(i2.11(b) and (c) of the Credit Agreement, and has been set by the Administrative Agent and the Lenders at $110,000,000.00400,000,000, effective as of the Effective Date. The Borrowing Base shall remain in effect at such level until the Borrowing Base is redetermined in accordance with the terms of Section 2.11 of the Credit Agreement.