Common use of Changes of Commitments Clause in Contracts

Changes of Commitments. (a) The Aggregate Revolving Credit Commitments shall at all times be equal to the lesser of (i) the Aggregate Maximum Revolving Credit Amounts after adjustments resulting from reductions pursuant to Section 2.03(b) or (ii) the then effective Borrowing Base as determined from time to time. (b) The Borrower shall have the right to terminate or to reduce the amount of the Aggregate Maximum Revolving Credit Amounts at any time, or from time to time, upon not less than thirty (30) days' prior notice to the Administrative Agent (who shall promptly notify the Lenders) of each such termination or reduction, which notice shall specify the effective date thereof and the amount of any such reduction (which shall not be less than $1,000,000 or any whole multiple of $1,000,000 in excess thereof; and no more than an amount by which the Aggregate Maximum Revolving Credit Amounts would be less than the aggregate outstanding principal amount of the Loans plus the LC Exposure) and shall be irrevocable and effective only upon receipt by the Administrative Agent. (c) The Aggregate Maximum Revolving Credit Amounts once terminated or reduced may not be reinstated.

Changes of Commitments. (a) The Aggregate Maximum Revolving Credit Commitments Amounts shall at all times be equal to the lesser of (i) the Aggregate Maximum Revolving Credit Amounts after adjustments resulting from reductions pursuant to Section 2.03(b) or (ii) the then effective Borrowing Base as determined from time to time2.04(b). (b) The Borrower Borrowers shall have the right to terminate or to reduce the amount of the Aggregate Maximum Revolving Credit Amounts at any time, or from time to time, upon not less than thirty three (303) days' Business Days’ prior notice delivered by the Parent Borrower before noon (New York City time) to the Administrative Agent (who which shall promptly notify the Revolving Credit Lenders) of each such termination or reduction, which notice shall specify the effective date thereof and the amount of any such reduction (which shall not be less than $1,000,000 5.0 million or any whole multiple of $1,000,000 1.0 million in excess thereof; and no more than an amount by which the Aggregate Maximum Revolving Credit Amounts would be less than the aggregate outstanding principal amount of the Loans plus the LC Exposure) and shall be irrevocable and effective only upon receipt by the Administrative Agent. (c) The Aggregate Maximum Revolving Credit Amounts Amounts, once terminated or reduced reduced, may not be reinstatedreinstated or increased.

Changes of Commitments. (a) The Aggregate Revolving Credit Facility A Commitments shall at all times be equal to the lesser of (i) the Aggregate Facility A Maximum Revolving Credit Amounts after adjustments resulting from reductions pursuant to Section 2.03(b) or (ii) the then effective Borrowing Base as determined from time to time. (b) The Borrower shall have the right to terminate or to reduce the amount of the Aggregate Facility A Maximum Revolving Credit Amounts at any time, or from time to time, upon not less than thirty three (303) daysBusiness Days' prior notice to the Administrative Agent (who which shall promptly notify the Lenders) of each such termination or reduction, which notice shall specify the effective date thereof and the amount of any such reduction (which shall not be less than $1,000,000 or any whole multiple of $1,000,000 in excess thereof; and no more than an amount by which the Aggregate Maximum Revolving Credit Amounts would be less than the aggregate outstanding principal amount of the Loans plus the LC Exposure) and shall be irrevocable and effective only upon receipt by the Administrative Agent. (c) The Aggregate Facility A Maximum Revolving Credit Amounts once terminated or reduced may not be reinstated.

Changes of Commitments. (a) The Aggregate Revolving Credit Commitments shall at all times be equal to the lesser of (i) the Aggregate Maximum Revolving Credit Amounts Amount after adjustments resulting from reductions pursuant to Section 2.03(b) hereof or (ii) the then effective Borrowing Base as determined from time to timetime pursuant to Section 2.08(f) hereof. (b) The Borrower shall have the right to terminate or to reduce the amount of the Aggregate Maximum Revolving Credit Amounts at any time, time or from time to time, time upon not less than thirty three (303) daysBusiness Days' prior notice to the Administrative Agent (who which shall promptly notify the Lenders) of each such termination or reduction, which notice shall specify the effective date thereof and the amount of any such reduction (which shall not be less than $1,000,000 2,500,000 or any whole multiple of $1,000,000 in excess thereof; and no more than an amount by which the Aggregate Maximum Revolving Credit Amounts would be less than the aggregate outstanding principal amount of the Loans plus the LC Exposure) and shall may be revocable or irrevocable and effective only upon receipt by the Administrative Agent. (c) . The Aggregate Maximum Revolving Credit Amounts once terminated or reduced pursuant to this Section 2.03(b) may not be reinstated.

Changes of Commitments. (a) The Aggregate Revolving Credit Commitments shall at all times be equal to the lesser of (i) the Aggregate Maximum Revolving Credit Amounts after adjustments resulting from reductions pursuant to Section 2.03(b) or (ii) the then effective Borrowing Base as determined from time to time. (b) The Borrower shall have the right to terminate or to reduce the amount of the Aggregate Maximum Revolving Credit Amounts at any time, or from time to time, upon not less than thirty three (303) daysBusiness Days' prior notice to the Administrative Agent (who which shall promptly notify the Lenders) of each such termination or reduction, which notice shall specify the effective date thereof and the amount of any such reduction (which shall not be less than $1,000,000 or any whole multiple of $1,000,000 500,000 in excess thereof; and no more than an amount by which the Aggregate Maximum Revolving Credit Amounts would be less than the aggregate outstanding principal amount of the Loans plus the LC Exposure) and shall be irrevocable and effective only upon receipt by the Administrative Agent. (c) The Aggregate Maximum Revolving Credit Amounts once terminated or reduced may not be reinstated.

Changes of Commitments. (a) The Aggregate Revolving Credit Commitments shall at all times be equal to the lesser of (i) the Aggregate Maximum Revolving Credit Amounts Amount after adjustments resulting from reductions pursuant to Section 2.03(b) hereof or (ii) the then effective Borrowing Base as determined from time to timetime pursuant to Section 2.08(f) hereof. (b) The Borrower shall have the right to terminate or to reduce the amount of the Aggregate Maximum Revolving Credit Amounts at any time, time or from time to time, time upon not less than thirty three (303) daysBusiness Days' prior notice to the Administrative Agent (who which shall promptly notify the Lenders) of each such termination or reduction, which notice shall specify the effective date thereof and the amount of any such reduction (which shall not be less than $1,000,000 or any whole multiple of $1,000,000 in excess thereof; and no more than an amount by which the Aggregate Maximum Revolving Credit Amounts would be less than the aggregate outstanding principal amount of the Loans plus the LC Exposure) and shall may be revocable or irrevocable and effective only upon receipt by the Administrative Agent. (c) . The Aggregate Maximum Revolving Credit Amounts once terminated or reduced pursuant to this Section 2.03(b) may not be reinstated.

Changes of Commitments. (a) The Aggregate Revolving Credit Commitments shall at all times be equal to the lesser of (i) the Aggregate Maximum Revolving Credit Amounts after adjustments resulting from reductions pursuant to Section 2.03(b) or (ii) the then effective Borrowing Base as determined from time to time. (b) The Borrower shall have the right to terminate or to reduce the amount of the Aggregate Maximum Revolving Credit Amounts at any time, or from time to time, upon not less than thirty three (303) daysBusiness Days' prior notice to the Administrative Agent (who which shall promptly notify the Lenders) of each such termination or reduction, which notice shall specify the effective date thereof and the amount of any such reduction (which shall not be less than $1,000,000 5,000,000.00 or any whole multiple of $1,000,000 1,000,000.00 in excess thereof; and no more than an amount by which the Aggregate Maximum Revolving Credit Amounts would be less than the aggregate outstanding principal amount of the Loans plus the LC Exposure) and shall be irrevocable and effective only upon receipt by the Administrative Agent. (c) The Aggregate Maximum Revolving Credit Amounts once terminated or reduced may not be reinstated.

Changes of Commitments. (a) The Aggregate Revolving Credit Commitments shall at all times be equal to the lesser of (i) the Aggregate Maximum Revolving Credit Amounts Amount after adjustments resulting from reductions pursuant to Section 2.03(b) hereof or (ii) the then effective Borrowing Base as determined from time to timetime pursuant to Section 2.08(f) hereof. (b) The Borrower shall have the right to terminate or to reduce the amount of the Aggregate Maximum Revolving Credit Amounts at any time, time or from time to time, time upon not less than thirty three (303) daysBusiness Days' prior notice to the Administrative Agent (who which shall promptly notify the Lenders) of each such termination or reduction, which notice shall specify the effective date thereof and the amount of any such reduction (which shall not be less than $1,000,000 500,000 or any whole multiple of $1,000,000 500,000 in excess thereof; and no more than an amount by which the Aggregate Maximum Revolving Credit Amounts would be less than the aggregate outstanding principal amount of the Loans plus the LC Exposure) and shall may be revocable or irrevocable and effective only upon receipt by the Administrative Agent. (c) . The Aggregate Maximum Revolving Credit Amounts once terminated or reduced pursuant to this Section 2.03(b) may not be reinstated.

Changes of Commitments. (a) The Aggregate Revolving Credit Commitments shall at all times be equal to the lesser of (i) the Aggregate Maximum Revolving Credit Amounts after adjustments resulting from reductions pursuant to Section 2.03(b) or (ii) the then effective Borrowing Base as determined from time to time. (b) The Borrower shall have the right to terminate or to reduce the amount of the Aggregate Maximum Revolving Credit Amounts at any time, or from time to time, upon not less than thirty three (303) daysBusiness Days' prior notice to the Administrative Agent (who which shall promptly notify the Lenders) of each such termination or reduction, which notice shall specify the effective date thereof and the amount of any such reduction (which shall not be less than $1,000,000 500,000 or any whole multiple of $1,000,000 100,000 in excess thereof; and no more than an amount by which the Aggregate Maximum Revolving Credit Amounts would be less than the aggregate outstanding principal amount of the Loans plus the LC Exposure) and shall be irrevocable and effective only upon receipt by the Administrative Agent. (c) The Aggregate Maximum Revolving Credit Amounts once terminated or reduced may not be reinstated.

Changes of Commitments. (a) The Aggregate Revolving Credit Commitments shall at all times be equal to the lesser of (i) the Aggregate Maximum Revolving Credit Amounts after adjustments resulting from reductions pursuant to Section 2.03(b) or (ii) the then effective Borrowing Base as determined from time to time. (b) The Borrower shall have the right to terminate or to reduce the amount of the Aggregate Maximum Revolving Credit Amounts at any time, or from time to time, upon not less than thirty three (303) days' Business Days’ prior notice to the Administrative Agent (who which shall promptly notify the Lenders) of each such termination or reduction, which notice shall specify the effective date thereof and the amount of any such reduction (which shall not be less than $1,000,000 5,000,000.00 or any whole multiple of $1,000,000 1,000,000.00 in excess thereof; and no more than an amount by which the Aggregate Maximum Revolving Credit Amounts would be less than the aggregate outstanding principal amount of the Loans plus the LC Exposure) and shall be irrevocable and effective only upon receipt by the Administrative Agent. (c) The Aggregate Maximum Revolving Credit Amounts once terminated or reduced may not be reinstated.

Changes of Commitments. (a) The Aggregate Revolving Credit Commitments shall at all times be equal to the lesser of (i) the Aggregate Maximum Revolving Credit Amounts after adjustments resulting from reductions pursuant to Section Sections 2.03(b) and (c) or (ii) the then effective Borrowing Base as determined from time to time. (b) The Borrower shall have the right to terminate or to reduce the amount of the Aggregate Maximum Revolving Credit Amounts at any time, or from time to time, upon not less than thirty (30) daystwo Business Days' prior notice to the Administrative Agent (who which shall promptly notify the Lenders) of each such termination or reduction, which notice shall specify the effective date thereof and the amount of any such reduction (which shall not be less than $1,000,000 5,000,000 or any whole multiple of $1,000,000 in excess thereof; and no more than an amount by which the Aggregate Maximum Revolving Credit Amounts would be less than the aggregate outstanding principal amount of the Loans plus the LC Exposure) and shall be irrevocable and effective only upon receipt by the Administrative Agent. (c) Concurrent with the issuance of the Senior Unsecured Notes, the Aggregate Maximum Credit Amounts shall automatically reduce to $25,000,000. (d) The Aggregate Maximum Revolving Credit Amounts once terminated or reduced may not be reinstated.