Common use of Borrowing Base Utilization Grid Clause in Contracts

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25% <50% ³50% <75% ³75% <90% ³90% Eurodollar Loans 1.75% 2.00% 2.25% 2.50% 2.75% ABR Loans 0.75% 1.00% 1.25% 1.50% 1.75% Commitment Fee Rate 0.375% 0.375% 0.50% 0.50% 0.50%

Appears in 2 contracts

Sources: Credit Agreement (Rice Energy Inc.), Credit Agreement (Rice Energy Inc.)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25% <50% ³50% <75% ³75% <90% ³90% Eurodollar Loans 1.751.50 % 2.001.75 % 2.252.00 % 2.502.25 % 2.752.50 % ABR Loans 0.750.50 % 1.000.75 % 1.251.00 % 1.501.25 % 1.751.50 % Commitment Fee Rate 0.3750.375 % 0.3750.375 % 0.500.50 % 0.500.50 % 0.500.50 %

Appears in 2 contracts

Sources: Credit Agreement (Parsley Energy, Inc.), Credit Agreement (Rice Energy Inc.)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25% but <50% ³50% but <75% ³75% but <90% ³90% Eurodollar Loans 1.752.000 % 2.002.250 % 2.252.500 % 2.502.750 % 2.753.000 % ABR Loans 0.751.000 % 1.001.250 % 1.251.500 % 1.501.750 % 1.752.000 % Commitment Fee Rate 0.3750.375 % 0.3750.375 % 0.500.500 % 0.500.500 % 0.500.500 %

Appears in 2 contracts

Sources: Credit Agreement (Fortis Minerals, LLC), Credit Agreement (Fortis Minerals, Inc.)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25% %, but <50% ³50% %, but <75% ³75% %, but <90% ³90% ABR Loans 0.500 % 0.750 % 1.000 % 1.250 % 1.500 % Eurodollar Loans 1.751.500 % 2.001.750 % 2.252.000 % 2.502.250 % 2.75% ABR Loans 0.75% 1.00% 1.25% 1.50% 1.752.500 % Commitment Fee Rate 0.3750.375 % 0.3750.375 % 0.500.500 % 0.500.500 % 0.500.500 %

Appears in 1 contract

Sources: Credit Agreement (Parsley Energy, Inc.)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25% <50% ³50% <75% ³75% <90% ³90% Eurodollar Loans 1.751.750% 2.002.000% 2.252.250% 2.502.500% 2.752.750% ABR Loans 0.750.750% 1.001.000% 1.251.250% 1.501.500% 1.751.750% Commitment Fee Rate 0.375% 0.375% 0.500.500% 0.500.500% 0.500.500%

Appears in 1 contract

Sources: Credit Agreement (Memorial Production Partners LP)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <2525.0% ³25% <5050.0% ³50³50.0% <7575.0% ³75% <90% ³90>90% Eurodollar Loans 1.75% 2.00% 2.25% 2.50% 2.75% 3.00% ABR Loans 0.75% 1.00% 1.25% 1.50% 1.75% Commitment Fee Rate 0.375% 0.375% 0.50% 0.50% 0.502.00%

Appears in 1 contract

Sources: Credit Agreement (Us Energy Corp)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25³ 25% <50% ³50³ 50% <75% ³75³ 75% <90% ³90% Eurodollar Loans 1.50% 1.75% 2.00% 2.25% 2.50% 2.75% ABR Loans 0.50% 0.75% 1.00% 1.25% 1.50% 1.75% Commitment Fee Rate 0.375% 0.375% 0.50% 0.50% 0.50%

Appears in 1 contract

Sources: Credit Agreement (LRR Energy, L.P.)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25% << 50% ³50≥ 50% << 75% ³75≥ 75% <90≤ 85% ³90> 85% ≤ 100% ABR Loans 0.500 % 0.750 % 1.000 % 1.250 % Eurodollar Loans 1.752.000 % 2.002.250 % 2.252.500 % 2.50% 2.75% ABR Loans 0.75% 1.00% 1.25% 1.50% 1.75% Commitment Fee Rate 0.375% 0.375% 0.50% 0.50% 0.502.750 %

Appears in 1 contract

Sources: Credit Agreement (Oasis Petroleum Inc.)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25% %, but <50% ³50% %, but <75% ³75% %, but <90% ³90% ABR Loans 1.000 % 1.250 % 1.500 % 1.750 % 2.000 % Eurodollar Loans 1.752.000 % 2.002.250 % 2.252.500 % 2.502.750 % 2.75% ABR Loans 0.75% 1.00% 1.25% 1.50% 1.753.000 % Commitment Fee Rate 0.3750.375 % 0.3750.375 % 0.500.500 % 0.500.500 % 0.500.500 %

Appears in 1 contract

Sources: Credit Agreement (Parsley Energy, Inc.)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25>25% but <50% ³50>50% but <75% ³75>75% but <90% ³90>90% ABR Loans 1.00% 1.25% 1.50% 1.75% 2.00% Eurodollar Loans 1.75% 2.00% 2.25% 2.50% 2.75% ABR Loans 0.75% 1.00% 1.25% 1.50% 1.753.00% Commitment Fee Rate 0.3750.50% 0.3750.50% 0.50% 0.50% 0.50%

Appears in 1 contract

Sources: Credit Agreement (Whiting Petroleum Corp)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25 % ³ 25% ³25% but <50% ³50³ 50% but <75% ³75³ 75% but <90% ³90▇ ▇▇ % Eurodollar Loans 1.752.000 % 2.002.250 % 2.252.500 % 2.502.750 % 2.753.000 % ABR Loans 0.751.125 % 1.001.375 % 1.251.625 % 1.501.875 % 1.75% Commitment Fee Rate 0.375% 0.375% 0.50% 0.50% 0.502.125 %

Appears in 1 contract

Sources: Credit Agreement (Whiting Petroleum Corp)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25% <50% ³50% <75% ³75% <90% ³90% Eurodollar Loans 1.752.25 % 2.002.50 % 2.252.75 % 2.503.00 % 2.753.25 % ABR Loans 0.751.25 % 1.001.50 % 1.251.75 % 1.502.00 % 1.752.25 % Commitment Fee Rate 0.3750.375 % 0.3750.375 % 0.500.50 % 0.500.50 % 0.500.50 %

Appears in 1 contract

Sources: Credit Agreement (Rice Energy Inc.)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25% <50% ³50% <75% ³75% <90£100% ³90>100% Eurodollar Loans 1.75% 2.00% 2.25% 2.50% 2.75% 3.00% 3.50% ABR Loans 0.75% 1.00% 1.25% 1.50% 1.75% Commitment Fee Rate 0.3752.00% 0.375% 0.50% 0.50% 0.502.50%

Appears in 1 contract

Sources: Credit Agreement (Diamondback Energy, Inc.)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25>25%, but <7550% <>50% ³50% %, but <75% ³75% >75%, but <90% ³90>90% Eurodollar Loans 1.752.002.25 % 2.002.252.50 % 2.252.75 % 2.502.503.00 % 2.752.753.25 % ABR Loans 0.751.001.25 % 1.001.251.50 % 1.251.75 % 1.501.502.00 % 1.751.752.25 % Commitment Fee Rate 0.375% 0.375% 0.50% 0.50% 0.50%68 Definition amended most recently by TwelfthThirteenth Amendment. 79 Grid amended by Fourthmost recently by the Thirteenth Amendment.

Appears in 1 contract

Sources: Credit Agreement (Goodrich Petroleum Corp)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25³ 25% but <50% ³50³ 50% but <75% ³75³ 75% but <90% ³90³ 90% Eurodollar Loans 1.752.250% 2.002.500% 2.252.750% 2.503.000% 2.753.250% ABR Loans 0.751.250% 1.001.500% 1.251.750% 1.502.000% 1.75% Commitment Fee Rate 0.375% 0.375% 0.50% 0.50% 0.502.250%

Appears in 1 contract

Sources: Credit Agreement (Three Rivers Operating Co Inc.)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25% %, but <50% ³50% %, but <75% ³75% %, but <90% ³90% ABR Loan Margin 1.750% 2.000% 2.250% 2.500% 2.750% Eurodollar Loans 1.75Loan Margin 2.750% 2.003.000% 2.253.250% 2.503.500% 2.75% ABR Loans 0.75% 1.00% 1.25% 1.50% 1.753.750% Commitment Fee Rate 0.3750.500% 0.3750.500% 0.500.500% 0.500.500% 0.500.500%

Appears in 1 contract

Sources: Credit Agreement (Contango Oil & Gas Co)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25% <50% %, but ³50% <75% %, but ³75% <90% ³90% Eurodollar Loans 1.752.25 % 2.002.50 % 2.252.75 % 2.50% 2.753.00 % ABR Loans 0.75.75 % 1.001.00 % 1.251.25 % 1.50% 1.75% Commitment Fee Rate 0.375% 0.375% 0.50% 0.50% 0.501.50 %

Appears in 1 contract

Sources: Credit Agreement (Goodrich Petroleum Corp)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25% <50% ³50% <75% ³75% <90% ³90% Eurodollar Loans 1.75% 2.00% 2.25% 2.50% 2.75% 3.00% 3.25% ABR Loans 0.75% 1.00% 1.25% 1.50% 1.75% 2.00% 2.25% Commitment Fee Rate 0.375% 0.375% 0.50% 0.50% 0.50%

Appears in 1 contract

Sources: Credit Agreement (Rice Energy Inc.)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25>25% but <50% ³50>50% but <75% ³75>75% but <90% ³90>90% ABR Loans 0.50% 0.75% 1.00% 1.25% 1.50% Eurodollar Loans 1.50% 1.75% 2.00% 2.25% 2.50% 2.75Commitment Fee 0.375% ABR 0.375% 0.50% 0.50% 0.50% Debt Rating >Baa1/BBB+ ▇▇▇▇/▇▇▇ ▇▇▇▇/▇▇▇- <▇▇▇/▇▇+ ▇▇▇ Loans 0.125% 0.25% 0.50% 0.75% 1.00Eurodollar Loans 1.125% 1.25% 1.50% 1.75% Commitment Fee Rate 0.3750.15% 0.3750.20% 0.500.25% 0.50% 0.500.30%

Appears in 1 contract

Sources: Credit Agreement (Whiting Petroleum Corp)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25³ 25% but <50% ³50³ 50% but <75% ³75³ 75% but <90% ³90³ 90% Eurodollar Loans 1.752.000% 2.002.250% 2.252.500% 2.502.750% 2.753.000% ABR Loans 0.751.125% 1.001.375% 1.251.625% 1.501.875% 1.75% Commitment Fee Rate 0.375% 0.375% 0.50% 0.50% 0.502.125%

Appears in 1 contract

Sources: Credit Agreement (Cimarex Energy Co)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <2525.0% ³25³25.0%, but <50.0% ³50.0%, but <5075.0% ³50³75.0%, but <90.0% <75³90.0% ³75ABR Loan Margin 1.500% <901.750% ³902.000% 2.250% 2.500% Eurodollar Loans 1.75Loan Margin 2.500% 2.002.750% 2.253.000% 2.503.250% 2.75% ABR Loans 0.75% 1.00% 1.25% 1.50% 1.753.500% Commitment Fee Rate 0.375% 0.375% 0.500.500% 0.500.500% 0.500.500%

Appears in 1 contract

Sources: Credit Agreement (Desert Peak Minerals Inc.)

Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25% <50% ³50% %, but <75% ³75% %, but <90% ³90% Eurodollar Loans 1.752.00 % 2.002.25 % 2.252.50 % 2.50% 2.752.75 % ABR Loans 0.751.00 % 1.001.25 % 1.251.50 % 1.50% 1.75% Commitment Fee Rate 0.375% 0.375% 0.50% 0.50% 0.501.75 %

Appears in 1 contract

Sources: Credit Agreement (Goodrich Petroleum Corp)