Common use of Borrowing Base Utilization Grid Clause in Contracts

Borrowing Base Utilization Grid. Utilization Percentage ≤25% >25% and ≤ 50% >50% and ≤75% >75% and ≤90% >90% Term Benchmark Advance and RFR Advance 3.00% 3.25% 3.50% 3.75% 4.00% Alternate Base Rate Advance 2.00% 2.25% 2.50% 2.75% 3.00%

Appears in 1 contract

Sources: Credit Agreement (MorningStar Partners, L.P.)

Borrowing Base Utilization Grid. Utilization Percentage ≤25≤ 25% >> 25% and ≤ 50% >> 50% and ≤75≤ 75% >> 75% and ≤90≤ 90% >> 90% Term Benchmark Advance and RFR Advance 3.00% 3.25% 3.50% 3.75% 4.00% Alternate Base Rate Advance 2.00% 2.25% 2.50% 2.75% 3.00%

Appears in 1 contract

Sources: Borrowing Base Agreement (TXO Partners, L.P.)