Common use of Definitions and Accounting Matters Clause in Contracts

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 22 Section 1.04 Terms Generally; Rules of Construction 22 Section 1.05 Accounting Terms and Determinations; GAAP 23 ARTICLE II THE CREDITS Section 2.01 Commitments 23 Section 2.02 Loans and Borrowings 23 Section 2.03 Interest Elections 24 Section 2.04 Funding of Borrowings 25 Section 2.05 Termination of Commitments 26 Section 2.06 Incremental Facility 26 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES Section 3.01 Repayment of Loans 28 Section 3.02 Interest 28 Section 3.03 Alternate Rate of Interest 29 Section 3.04 Prepayments 29 Section 3.05 Fees 33 ARTICLE IV

Appears in 1 contract

Samples: Secured Term Loan Agreement (Resolute Energy Corp)

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Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 22 21 Section 1.04 Terms Generally; Rules of Construction 22 21 Section 1.05 Accounting Terms and Determinations; GAAP 23 22 ARTICLE II THE CREDITS Section 2.01 Commitments 23 22 Section 2.02 Loans and Borrowings 23 Section 2.03 Interest Elections Requests for Borrowings 24 Section 2.04 Interest Elections 25 Section 2.05 Funding of Borrowings 25 Section 2.05 Termination of Commitments 26 Section 2.06 Incremental Facility 26 Termination and Reduction of Aggregate Maximum Credit Amounts 27 Section 2.07 Borrowing Base 28 Section 2.08 Letters of Credit 30 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES Section 3.01 Repayment of Loans 28 34 Section 3.02 Interest 28 34 Section 3.03 Alternate Rate of Interest 29 35 Section 3.04 Prepayments 29 36 Section 3.05 Fees 33 37 ARTICLE IV

Appears in 1 contract

Samples: Senior Revolving Credit Agreement (Petrohawk Energy Corp)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 1.01. Certain Defined Terms 1 Section 1.03 Types 1.02. Accounting Terms and Determinations 25 Section 1.03. Computation of Time Periods 25 Section 1.04. Terms Generally 25 ARTICLE 2 AMOUNTS AND TERMS OF THE LOANS Section 2.01. Commitments 25 Section 2.02. Loans and Borrowings 22 25 Section 1.04 Terms Generally; Rules 2.03. Requests for Revolving Borrowings 26 Section 2.04. [Reserved] 27 Section 2.05. Letters of Construction 22 Credit 27 Section 1.05 Accounting Terms and Determinations; GAAP 23 ARTICLE II THE CREDITS Section 2.01 Commitments 23 Section 2.02 Loans and Borrowings 23 Section 2.03 Interest Elections 24 Section 2.04 2.06. Funding of Borrowings 25 31 Section 2.05 Termination 2.07. Changes of Commitments 26 32 Section 2.06 Incremental Facility 26 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES 2.08. Fees 36 Section 3.01 2.09. Repayment of Loans 28 37 Section 3.02 2.10. Interest 28 on Loans 37 Section 3.03 Alternate 2.11. Interest Rate Determination 37 Section 2.12. Optional Conversion of Interest 29 Loans 38 Section 3.04 2.13. Optional Prepayments 29 of Loans 39 Section 3.05 Fees 33 2.14. Payments and Computations 39 Section 2.15. Sharing of Payments Etc. 40 Section 2.16. Additional Costs 41 Section 2.17. Illegality 43 Section 2.18. Taxes 44 Section 2.19. Defaulting Lenders 46 Section 2.20. Substitution of Lender 48 Section 2.21. Extension Option 48 ARTICLE IV3 CONDITIONS Section 3.01. Conditions Precedent to Closing Date 50 Section 3.02. [Reserved] 52 Section 3.03. Conditions Precedent to Credit Extensions 52

Appears in 1 contract

Samples: Revolving Credit Agreement (Zoetis Inc.)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 22 36 Section 1.04 Terms Generally; Rules of Construction 22 36 Section 1.05 Accounting Terms and Determinations; GAAP 23 36 ARTICLE II THE CREDITS Section 2.01 Commitments 23 37 Section 2.02 Loans and Borrowings 23 37 Section 2.03 Requests for Borrowings 38 Section 2.04 Interest Elections 24 3739 Section 2.04 2.05 Funding of Borrowings 25 3840 Section 2.05 2.06 Increase, Reduction and Termination of Commitments 26 Total Commitment 40 Section 2.06 Incremental Facility 26 2.07 Borrowing Base 43 Section 2.08 Letters of Credit 45 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES Section 3.01 Repayment of Loans 28 50 Section 3.02 Interest 28 50 Section 3.03 Alternate Rate of Interest 29 51 Section 3.04 Prepayments 29 51 Section 3.05 Fees 33 53 ARTICLE IV

Appears in 1 contract

Samples: Credit Agreement (Ultra Petroleum Corp)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 22 26 Section 1.04 Terms Generally; Rules of Construction 22 26 Section 1.05 Accounting Terms and Determinations; GAAP 23 26 ARTICLE II THE CREDITS Section 2.01 Commitments 23 27 Section 2.02 Loans and Borrowings 23 27 Section 2.03 Requests for Borrowings 28 Section 2.04 Interest Elections 24 29 Section 2.04 2.05 Funding of Borrowings 25 Section 2.05 Termination of Commitments 26 30 Section 2.06 Incremental Facility 26 Termination and Reduction of Aggregate Maximum Credit Amounts; Increase and Reduction of Aggregate Elected Commitment Amounts 31 Section 2.07 Borrowing Base 34 Section 2.08 Letters of Credit 37 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES Section 3.01 Repayment of Loans 28 43 Section 3.02 Interest 28 43 Section 3.03 Alternate Rate of Interest 29 44 Section 3.04 Prepayments 29 45 Section 3.05 Fees 33 ARTICLE IV47

Appears in 1 contract

Samples: Credit Agreement (Approach Resources Inc)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 22 Section 1.04 Terms Generally; Rules of Construction 22 34 Section 1.05 1.04 Accounting Terms and Determinations; GAAP 23 34 Section 1.05 Limited Condition Transactions 35 Section 1.06 Divisions 35 ARTICLE II THE CREDITS REVOLVING CREDIT FACILITY Section 2.01 Commitments 23 36 Section 2.02 Revolving Credit Loans and Borrowings 23 38 Section 2.03 Interest Elections 24 Requests for Revolving Credit Borrowings 39 Section 2.04 Funding of Revolving Credit Borrowings 25 41 Section 2.05 Termination and Reduction of Commitments 26 Aggregate Maximum Credit Amounts 42 Section 2.06 Incremental Facility 26 Borrowing Base 43 Section 2.07 Letters of Credit 45 Section 2.08 Swing Line 52 ARTICLE III PAYMENTS OF PRINCIPAL AND INTERESTINTEREST ON REVOLVING CREDIT LOANS AND SWING LINE LOANS; PREPAYMENTSPREPAYMENTS OF REVOLVING CREDIT LOANS; FEES Section 3.01 Repayment of Revolving Credit Loans 28 and Swing Line Loans 56 Section 3.02 Interest 28 on Revolving Credit Loans and Swing Line Loans 56 Section 3.03 Alternate Rate Prepayments of Interest 29 Revolving Credit Loans and Swing Line Loans 57 Section 3.04 Prepayments 29 Section 3.05 Fees 33 ARTICLE IV60

Appears in 1 contract

Samples: Credit Agreement (Callon Petroleum Co)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 22 24 Section 1.04 Terms Generally; Rules of Construction 22 25 Section 1.05 Accounting Terms and Determinations; GAAP 23 25 Section 1.06 Rounding 25 ARTICLE II THE CREDITS Section 2.01 Commitments 23 25 Section 2.02 Loans and Borrowings 23 26 Section 2.03 Requests for Borrowings 27 Section 2.04 Interest Elections 24 28 Section 2.04 2.05 Funding of Borrowings 25 Section 2.05 Termination of Commitments 26 29 Section 2.06 Incremental Facility 26 Termination and Reduction of Aggregate Maximum Credit Amounts 29 Section 2.07 Borrowing Base 30 Section 2.08 Letters of Credit 32 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES Section 3.01 Repayment of Loans 28 37 Section 3.02 Interest 28 37 Section 3.03 Alternate Rate of Interest 29 38 Section 3.04 Prepayments 29 38 Section 3.05 Fees 33 40 ARTICLE IV

Appears in 1 contract

Samples: Credit Agreement (Parsley Energy, Inc.)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 22 24 Section 1.04 Terms Generally; Rules of Construction 22 25 Section 1.05 Accounting Terms and Determinations; GAAP 23 25 Section 1.06 Rounding 25 ARTICLE II THE CREDITS Section 2.01 Commitments 23 25 Section 2.02 Loans and Borrowings 23 26 Section 2.03 Requests for Borrowings 27 Section 2.04 Interest Elections 24 28 Section 2.04 2.05 Funding of Borrowings 25 Section 2.05 Termination of Commitments 26 29 Section 2.06 Incremental Facility 26 Termination and Reduction of Aggregate Maximum Credit Amounts 29 Section 2.07 Borrowing Base 30 Section 2.08 Letters of Credit 32 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES Section 3.01 Repayment of Loans 28 37 Section 3.02 Interest 28 37 Section 3.03 Alternate Rate of Interest 29 38 Section 3.04 Prepayments 29 38 Section 3.05 Fees 33 ARTICLE IV40

Appears in 1 contract

Samples: Credit Agreement (Parsley Energy, Inc.)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 22 34 Section 1.04 Terms Generally; Rules of Construction 22 34 Section 1.05 Accounting Terms and Determinations; GAAP 23 34 ARTICLE II THE CREDITS Section 2.01 Commitments 23 35 Section 2.02 Loans and Borrowings 23 35 Section 2.03 Requests for Borrowings 36 Section 2.04 Interest Elections 24 37 Section 2.04 2.05 Funding of Borrowings 25 Section 2.05 Termination of Commitments 26 38 Section 2.06 Incremental Facility 26 Termination and Reduction of Aggregate Maximum Credit Amount; Increase and Reduction of Aggregate Elected Commitment Amount 39 Section 2.07 Borrowing Base 43 Section 2.08 Letters of Credit 46 Section 2.09 Defaulting Lenders 52 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES Section 3.01 Repayment of Loans 28 53 Section 3.02 Interest 28 53 Section 3.03 Alternate Rate of Interest 29 54 Section 3.04 Prepayments 29 55 Section 3.05 Fees 33 57 ARTICLE IV

Appears in 1 contract

Samples: Credit Agreement (WildHorse Resource Development Corp)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 1.01. Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 22 Section 1.04 Terms Generally; Rules of Construction 22 Section 1.05 1.02. Accounting Terms and Determinations; GAAP 23 Determinations 22 Section 1.03. Computation of Time Periods 22 Section 1.04. Terms Generally 22 ARTICLE II 2 AMOUNTS AND TERMS OF THE CREDITS LOANS Section 2.01 2.01. Commitments 23 Section 2.02 2.02. Loans and Borrowings 23 Section 2.03 Interest Elections 2.03. Requests for Revolving Borrowings 23 Section 2.04. Swingline Loans 24 Section 2.04 2.05. Letters of Credit 25 Section 2.06. Funding of Borrowings 25 29 Section 2.05 Termination 2.07. Changes of Commitments 26 30 Section 2.06 Incremental Facility 26 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES 2.08. Fees 33 Section 3.01 2.09. Repayment of Loans 28 34 Section 3.02 2.10. Interest 28 on Loans 34 Section 3.03 Alternate 2.11. Interest Rate Determination 35 Section 2.12. Optional Conversion of Interest 29 Loans 36 Section 3.04 2.13. Optional Prepayments 29 of Loans 37 Section 3.05 Fees 33 2.14. Payments and Computations 37 Section 2.15. Sharing of Payments Etc 38 Section 2.16. Additional Costs 39 Section 2.17. Illegality 41 Section 2.18. Taxes 42 Section 2.19. Defaulting Lenders 44 Section 2.20. Substitution of Lender 46 ARTICLE IV3

Appears in 1 contract

Samples: Revolving Credit Agreement (Zoetis Inc.)

Definitions and Accounting Matters. Section 1.01 1.01. Terms Defined Above 1 2 Section 1.02 1.02. Certain Defined Terms 1 2 Section 1.03 Types of Loans and Borrowings 22 Section 1.04 1.03. Terms Generally; Rules of Construction 22 20 Section 1.05 1.04. Accounting Terms and Determinations; GAAP 23 21 ARTICLE II THE CREDITS Section 2.01 2.01. Commitments 23 21 Section 2.02 2.02. Loans and Borrowings 23 21 Section 2.03 Interest Elections 24 2.03. Requests for Borrowings 22 Section 2.04 2.04. Funding of Borrowings 25 23 Section 2.05 2.05. Termination and Reduction of Commitments 26 Section 2.06 Incremental Facility 26 Aggregate Maximum Credit Amounts 23 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES Section 3.01 3.01. Repayment of Loans 28 24 Section 3.02 3.02. Interest 28 24 Section 3.03 Alternate Rate of Interest 29 3.03. Prepayments 25 Section 3.04 Prepayments 29 Section 3.05 3.04. Fees 33 25 ARTICLE IVIV PAYMENTS; PRO RATA TREATMENT; SHARING OF SET-OFFS

Appears in 1 contract

Samples: Petition Superpriority Loan Agreement (Dune Energy Inc)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 22 24 Section 1.04 Terms Generally; Rules of Construction 22 24 Section 1.05 Accounting Terms and Determinations; GAAP 23 Determinations 24 ARTICLE II THE CREDITS Section 2.01 Commitments 23 25 Section 2.02 Loans and Borrowings 23 25 Section 2.03 Requests for Borrowings 26 Section 2.04 Interest Elections 24 26 Section 2.04 2.05 Funding of Borrowings 25 Section 2.05 Termination of Commitments 26 27 Section 2.06 Incremental Facility 26 Increase in Commitments 28 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES Section 3.01 Repayment of Loans 28 30 Section 3.02 Interest 28 30 Section 3.03 Alternate Rate of Interest 29 31 Section 3.04 Prepayments 29 31 Section 3.05 Fees 33 34 ARTICLE IV

Appears in 1 contract

Samples: Credit Agreement (Atlas Energy, L.P.)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 22 21 Section 1.04 Terms Generally; Rules of Construction 22 21 Section 1.05 Accounting Terms and Determinations; GAAP 23 22 ARTICLE II THE CREDITS LOANS Section 2.01 Commitments 23 Term Loans 22 Section 2.02 Loans and Borrowings 22 Section 2.03 Requests for the Loans 23 Section 2.03 2.04 Interest Elections 24 23 Section 2.04 2.05 Funding of Borrowings the Loans 25 Section 2.05 2.06 Termination 25 Section 2.07 Total Reserve Value 25 Section 2.08 Subordination of Commitments 26 Section 2.06 Incremental Facility Loans 26 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES Section 3.01 Repayment of Loans 28 Interest 26 Section 3.02 Interest 28 Section 3.03 Alternate Rate of Interest 29 27 Section 3.03 Prepayments 27 Section 3.04 Prepayments 29 Section 3.05 Fees 33 28 ARTICLE IV

Appears in 1 contract

Samples: Assignment and Assumption (Rosetta Resources Inc.)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 22 34 Section 1.04 Terms Generally; Rules of Construction 22 34 Section 1.05 Accounting Terms and Determinations; GAAP 23 35 ARTICLE II THE CREDITS Section 2.01 Commitments 23 35 Section 2.02 Loans and Borrowings 23 35 Section 2.03 Requests for Borrowings 36 Section 2.04 Interest Elections 24 37 Section 2.04 2.05 Funding of Borrowings 25 Section 2.05 Termination of Commitments 26 38 Section 2.06 Incremental Facility 26 Termination, Reduction and Increase of Aggregate Maximum Credit Amounts 39 Section 2.07 Borrowing Base 41 Section 2.08 Letters of Credit 44 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES Section 3.01 Repayment of Loans 28 48 Section 3.02 Interest 28 48 Section 3.03 Alternate Rate of Interest 29 49 Section 3.04 Prepayments 29 50 Section 3.05 Fees 33 52 ARTICLE IV

Appears in 1 contract

Samples: Credit Agreement (Atp Oil & Gas Corp)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 22 34 Section 1.04 Terms Generally; Rules of Construction 22 34 Section 1.05 Accounting Terms and Determinations; GAAP 23 34 ARTICLE II THE CREDITS Section 2.01 Commitments 23 35 Section 2.02 Loans and Borrowings 23 35 Section 2.03 Requests for Borrowings 36 Section 2.04 Interest Elections 24 36 Section 2.04 2.05 Funding of Borrowings 25 38 Section 2.05 2.06 Increase, Reduction and Termination of Commitments 26 Total Commitment 38 Section 2.06 Incremental Facility 26 2.07 Borrowing Base 41 Section 2.08 Letters of Credit 44 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES Section 3.01 Repayment of Loans 28 48 Section 3.02 Interest 28 49 Section 3.03 Alternate Rate of Interest 29 49 Section 3.04 Prepayments 29 50 Section 3.05 Fees 33 51 ARTICLE IV

Appears in 1 contract

Samples: Credit Agreement (Ultra Petroleum Corp)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 22 Terms Generally 20 Section 1.04 Terms Generally; Rules of Construction 22 Section 1.05 Accounting Terms and Determinations; GAAP 23 21 ARTICLE II THE CREDITS Section 2.01 Loan Commitments 23 21 Section 2.02 Loans and Borrowings 21 Section 2.03 Requests for Borrowings 22 Section 2.04 Interest Elections 23 Section 2.03 Interest Elections 2.05 Funding of Borrowing. 24 Section 2.04 Funding 2.06 Termination and Reduction of Borrowings Aggregate Maximum Credit Amounts 25 Section 2.05 Termination 2.07 Borrowing Base 25 Section 2.08 Letters of Commitments 26 Section 2.06 Incremental Facility 26 Credit. 29 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES Section 3.01 Repayment of Loans 28 34 Section 3.02 Interest 28 Interest. 34 Section 3.03 Alternate Rate of Interest 29 Prepayments 35 Section 3.04 Prepayments 29 Section 3.05 Fees 33 37 ARTICLE IV

Appears in 1 contract

Samples: Credit Agreement (Constellation Energy Partners LLC)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 22 27 Section 1.04 Terms Generally; Rules of Construction 22 27 Section 1.05 Accounting Terms and Determinations; GAAP 23 28 ARTICLE II THE CREDITS Section 2.01 Commitments 23 28 Section 2.02 Loans and Borrowings 23 28 Section 2.03 Requests for Borrowings 29 Section 2.04 Interest Elections 24 30 Section 2.04 2.05 Funding of Borrowings 25 Section 2.05 Termination of Commitments 26 33 Section 2.06 Incremental Facility 26 Termination and Reduction of Aggregate Maximum Credit Amounts 33 Section 2.07 Borrowing Base 34 Section 2.08 Letters of Credit 37 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES Section 3.01 Repayment of Loans 28 42 Section 3.02 Interest 28 42 Section 3.03 Alternate Rate of Interest 29 43 Section 3.04 Prepayments 29 43 Section 3.05 Fees 33 45 ARTICLE IV

Appears in 1 contract

Samples: Credit Agreement (Goodrich Petroleum Corp)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 22 29 Section 1.04 Terms Generally; Rules of Construction 22 29 Section 1.05 Accounting Terms and Determinations; GAAP 23 30 Section 1.06 Interest Rates 30 ARTICLE II THE CREDITS Section 2.01 Commitments 23 30 Section 2.02 Loans and Borrowings 23 31 Section 2.03 Requests for Borrowings 32 Section 2.04 Interest Elections 24 32 Section 2.04 2.05 Funding of Borrowings 25 Section 2.05 Termination of Commitments 26 34 Section 2.06 Incremental Facility 26 Termination, Reduction and Increase of Aggregate Maximum Credit Amounts 34 Section 2.07 Borrowing Base 36 Section 2.08 Letters of Credit 39 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES Section 3.01 Repayment of Loans 28 43 Section 3.02 Interest 28 43 Section 3.03 Alternate Rate of Interest 29 44 Section 3.04 Prepayments 29 45 Section 3.05 Fees 33 47 ARTICLE IV

Appears in 1 contract

Samples: Credit Agreement (Whiting Petroleum Corp)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 22 36 Section 1.04 Terms Generally; Rules of Construction 22 36 Section 1.05 Accounting Terms and Determinations; GAAP 23 37 ARTICLE II THE CREDITS Section 2.01 Commitments 23 37 Section 2.02 Loans and Borrowings 23 37 Section 2.03 Requests for Borrowings 38 Section 2.04 Interest Elections 24 39 Section 2.04 2.05 Funding of Borrowings 25 40 Section 2.05 Termination 2.06 Increase of Commitments 26 Section 2.06 Incremental Facility 26 40 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES Section 3.01 Repayment of Loans 28 42 Section 3.02 Interest 28 43 Section 3.03 Alternate Rate of Interest 29 43 Section 3.04 Prepayments 29 44 Section 3.05 Fees 33 45 ARTICLE IV

Appears in 1 contract

Samples: Senior Secured Term Loan Agreement (Ultra Petroleum Corp)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 22 51 Section 1.04 Terms Generally; Rules of Construction 22 51 Section 1.05 Accounting Terms and Determinations; GAAP 23 51 Section 1.06 Interest Rates; Benchmark Notifications 52 Section 1.07 Divisions 52 ARTICLE II THE CREDITS Section 2.01 Commitments 23 52 Section 2.02 Loans and Borrowings 23 53 Section 2.03 Requests for Borrowings 54 Section 2.04 Interest Elections 24 56 Section 2.04 2.05 Funding of Borrowings 25 57 Section 2.05 2.06 Termination and Reduction of Commitments and Aggregate Maximum Credit Amounts; Increase, Reduction and Termination of Commitments 26 Aggregate Elected Revolving Commitment Amounts 57 Section 2.06 Incremental 2.07 Borrowing Base 62 Section 2.08 Letters of Credit 65 Section 2.09 Term Loan Facility 26 73 Section 2.10 Extension of Term Loans 77 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES Section 3.01 Repayment of Loans 28 79 Section 3.02 Interest 28 79 Section 3.03 Alternate Rate of Interest 29 81 Section 3.04 Prepayments 29 83 Section 3.05 Fees 33 88 ARTICLE IV

Appears in 1 contract

Samples: Credit Agreement (Permian Resources Corp)

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Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 22 31 Section 1.04 Terms Generally; Rules of Construction 22 31 Section 1.05 Accounting Terms and Determinations; GAAP 23 31 ARTICLE II THE CREDITS Section 2.01 Commitments 23 32 Section 2.02 Loans and Borrowings 23 33 Section 2.03 Requests for Borrowings 34 Section 2.04 Interest Elections 24 35 Section 2.04 2.05 Funding of Borrowings 25 Section 2.05 Termination of Commitments 26 36 Section 2.06 Incremental Facility 26 Termination, Reduction and Increase of Aggregate Maximum Revolving Credit Amounts and/or Aggregate Maximum Term Loan Amounts 36 Section 2.07 Borrowing Base 38 Section 2.08 Letters of Credit 41 Section 2.09 Additional Borrowers 45 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES Section 3.01 Repayment of Loans 28 46 Section 3.02 Interest 28 46 Section 3.03 Alternate Rate of Interest 29 47 Section 3.04 Prepayments 29 47 Section 3.05 Fees 33 49 ARTICLE IV

Appears in 1 contract

Samples: Credit Agreement (Whiting Petroleum Corp)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 22 34 Section 1.04 Terms Generally; Rules of Construction 22 34 Section 1.05 Accounting Terms and Determinations; GAAP 23 35 ARTICLE II THE CREDITS Section 2.01 Commitments 23 35 Section 2.02 Loans and Borrowings 23 35 Section 2.03 Interest Elections 24 Requests for Borrowings 36 Section 2.04 2.05 Funding of Borrowings 25 Section 2.05 Termination of Commitments 26 39 Section 2.06 Incremental Facility 26 Termination and Reduction of Aggregate Maximum Credit Amount; Increase and Reduction of Aggregate Elected Commitment Amount 39 Section 2.07 Borrowing Base 44 Section 2.08 Letters of Credit 47 Section 2.09 Defaulting Lenders 52 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES Section 3.01 Repayment of Loans 28 53 Section 3.02 Interest 28 53 Section 3.03 Alternate Rate of Interest 29 54 Section 3.04 Prepayments 29 55 Section 3.05 Fees 33 57 ARTICLE IV

Appears in 1 contract

Samples: Credit Agreement (WildHorse Resource Development Corp)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 22 21 Section 1.04 Terms Generally; Rules of Construction 22 21 Section 1.05 Accounting Terms and Determinations; GAAP 23 22 ARTICLE II THE CREDITS Section 2.01 Commitments 23 22 Section 2.02 Loans and Borrowings 22 Section 2.03 Requests for Borrowings 23 Section 2.03 2.04 Interest Elections 24 Section 2.04 2.05 Funding of Borrowings 25 Section 2.05 Termination of Commitments 26 Section 2.06 Incremental Facility Termination, Reduction and Increase of Aggregate Maximum Credit Amounts 26 Section 2.07 Borrowing Base 29 Section 2.08 Letters of Credit 31 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES Section 3.01 Repayment of Loans 28 36 Section 3.02 Interest 28 36 Section 3.03 Alternate Rate of Interest 29 37 Section 3.04 Prepayments 29 37 Section 3.05 Fees 33 39 ARTICLE IV

Appears in 1 contract

Samples: Credit Agreement (Cabot Oil & Gas Corp)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 2 Section 1.03 Types of Loans and Borrowings 22 27 Section 1.04 Terms Generally; Rules of Construction 22 27 Section 1.05 Accounting Terms and Determinations; GAAP 23 Determinations 28 ARTICLE II THE CREDITS Section 2.01 Commitments 23 28 Section 2.02 Loans and Borrowings 23 28 Section 2.03 Requests for Borrowings 29 Section 2.04 Interest Elections 24 30 Section 2.04 2.05 Funding of Borrowings 25 Section 2.05 Termination of Commitments 26 Section 2.06 Incremental Facility 26 31 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES Section 3.01 Repayment of Loans 28 32 Section 3.02 Interest 28 32 Section 3.03 Alternate Rate of Interest 29 33 Section 3.04 Prepayments 29 33 Section 3.05 Fees 33 34 ARTICLE IV

Appears in 1 contract

Samples: Credit Agreement (Atlas Resource Partners, L.P.)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 22 39 Section 1.04 Terms Generally; Rules of Construction 22 39 Section 1.05 Accounting Terms and Determinations; GAAP 23 39 Section 1.06 Times of Day 40 Section 1.07 Timing of Payment or Performance 40 Section 1.08 Interest Rates; Benchmark Notification 40 Section 1.09 Divisions 40 ARTICLE II THE CREDITS Section 2.01 Commitments 23 41 Section 2.02 Loans and Borrowings 23 41 Section 2.03 Requests for Borrowings 42 Section 2.04 Interest Elections 24 43 Section 2.04 2.05 Funding of Borrowings 25 44 Section 2.05 2.06 Termination and Reduction of Aggregate Maximum Credit Amounts; Increase, Reduction, and Termination of Commitments 26 Aggregate Elected Commitment Amount 44 Section 2.06 Incremental Facility 26 2.07 Borrowing Base 48 Section 2.08 Borrowing Base Adjustment Provisions 50 Section 2.09 Letters of Credit 51 Section 2.10 Defaulting Lenders 55 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES Section 3.01 Repayment of Loans 28 Section 3.02 Interest 28 Section 3.03 Alternate Rate of Interest 29 Section 3.04 Prepayments 29 Section 3.05 Fees 33 ARTICLE IVIII

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Silverbow Resources, Inc.)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 22 32 Section 1.04 Terms Generally; Rules of Construction 22 32 Section 1.05 Accounting Terms and Determinations; GAAP 23 32 Section 1.06 Times of Day 33 Section 1.07 Timing of Payment or Performance 33 Section 1.08 Divisions 33 ARTICLE II THE CREDITS Section 2.01 Commitments 23 33 Section 2.02 Loans and Borrowings 23 33 Section 2.03 Requests for Borrowings 34 Section 2.04 Interest Elections 24 35 Section 2.04 2.05 Funding of Borrowings 25 Section 2.05 Termination of Commitments 26 36 Section 2.06 Incremental Facility 26 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES Termination and Reduction of Aggregate Maximum Credit Amounts 37 Section 3.01 Repayment 2.07 Borrowing Base 37 Section 2.08 Borrowing Base Adjustment Provisions 39 Section 2.09 Letters of Credit 40 Section 2.10 Defaulting Lenders 44 Section 2.11 Swing Line Loans 28 46 Section 3.02 Interest 28 Section 3.03 Alternate Rate of Interest 29 Section 3.04 Prepayments 29 Section 3.05 Fees 33 ARTICLE IV2.12 Loans and Borrowings Under Existing Credit Agreements 47

Appears in 1 contract

Samples: Revolving Credit Agreement (Diversified Energy Co PLC)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 22 25 Section 1.04 Terms Generally; Rules of Construction 22 25 Section 1.05 Accounting Terms and Determinations; GAAP 23 26 ARTICLE II THE CREDITS Section 2.01 Commitments 23 26 Section 2.02 Loans and Borrowings 23 26 Section 2.03 Requests for Borrowings 27 Section 2.04 Interest Elections 24 28 Section 2.04 2.05 Funding of Borrowings 25 Section 2.05 Termination of Commitments 26 31 Section 2.06 Incremental Facility 26 Termination and Reduction of Aggregate Maximum Credit Amounts 31 Section 2.07 Borrowing Base 32 Section 2.08 Letters of Credit 35 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES Section 3.01 Repayment of Loans 28 40 Section 3.02 Interest 28 40 Section 3.03 Alternate Rate of Interest 29 41 Section 3.04 Prepayments 29 41 Section 3.05 Fees 33 43 ARTICLE IV

Appears in 1 contract

Samples: Credit Agreement (Goodrich Petroleum Corp)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 22 38 Section 1.04 Terms Generally; Rules of Construction 22 38 Section 1.05 Accounting Terms and Determinations; GAAP 23 39 Section 1.06 Times of Day 39 Section 1.07 Timing of Payment or Performance 39 Section 1.08 Interest Rates; Benchmark Notification 39 Section 1.09 Divisions 40 ARTICLE II THE CREDITS Section 2.01 Commitments 23 40 Section 2.02 Loans and Borrowings 23 40 Section 2.03 Requests for Borrowings 41 Section 2.04 Interest Elections 24 42 Section 2.04 2.05 Funding of Borrowings 25 43 Section 2.05 2.06 Termination and Reduction of Aggregate Maximum Credit Amounts; Increase, Reduction, and Termination of Commitments 26 Aggregate Elected Commitment Amount 44 Section 2.06 Incremental Facility 26 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES 2.07 Borrowing Base 47 Section 3.01 Repayment 2.08 Borrowing Base Adjustment Provisions. 49 Section 2.09 Letters of Loans 28 Credit 50 Section 3.02 Interest 28 Section 3.03 Alternate Rate of Interest 29 Section 3.04 Prepayments 29 Section 3.05 Fees 33 ARTICLE IV2.10 Defaulting Lenders 54

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Silverbow Resources, Inc.)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 22 Terms Generally 20 Section 1.04 Terms Generally; Rules of Construction 22 Section 1.05 Accounting Terms and Determinations; GAAP 23 20 ARTICLE II THE CREDITS Section 2.01 Commitments 23 21 Section 2.02 Loans and Borrowings 21 Section 2.03 Requests for Borrowings 22 Section 2.04 Interest Elections 23 Section 2.03 Interest Elections 2.05 Funding of Borrowing 24 Section 2.04 Funding 2.06 Termination and Reduction of Borrowings Aggregate Maximum Credit Amounts 24 Section 2.07 Borrowing Base 25 Section 2.05 Termination 2.08 Letters of Commitments 26 Section 2.06 Incremental Facility 26 Credit 29 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES Section 3.01 Repayment of Loans 28 34 Section 3.02 Interest 28 34 Section 3.03 Alternate Rate of Interest 29 Prepayments 35 Section 3.04 Prepayments 29 Section 3.05 Fees 33 36 ARTICLE IV

Appears in 1 contract

Samples: Credit Agreement (Constellation Energy Partners LLC)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 22 3537 Section 1.04 Terms Generally; Rules of Construction 22 3537 Section 1.05 Accounting Terms and Determinations; GAAP 23 3537 ARTICLE II THE CREDITS Section 2.01 Commitments 23 3638 Section 2.02 Loans and Borrowings 23 3638 Section 2.03 Requests for Borrowings 3739 Section 2.04 Interest Elections 24 3840 Section 2.04 2.05 Funding of Borrowings 25 3941 Section 2.05 2.06 Increase, Reduction and Termination of Commitments 26 Total Commitment 3941 Section 2.06 Incremental Facility 26 ARTICLE III 2.07 Borrowing Base 4245 Section 2.08 Letters of Credit 4447 PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES Section 3.01 Repayment of Loans 28 4952 Section 3.02 Interest 28 4952 Section 3.03 Alternate Rate of Interest 29 5053 Section 3.04 Prepayments 29 5053 Section 3.05 Fees 33 ARTICLE IV5255

Appears in 1 contract

Samples: Credit Agreement (Ultra Petroleum Corp)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 22 23 Section 1.04 Terms Generally; Rules of Construction 22 23 Section 1.05 Accounting Terms and Determinations; GAAP 23 24 ARTICLE II THE CREDITS Section 2.01 Commitments 23 24 Section 2.02 Loans and Borrowings 23 24 Section 2.03 Requests for Borrowings 25 Section 2.04 Interest Elections 24 26 Section 2.04 2.05 Funding of Borrowings 25 Section 2.05 Termination of Commitments 26 27 Section 2.06 Incremental Facility 26 Termination and Reduction of Aggregate Maximum Credit Amounts 28 Section 2.07 Borrowing Base 29 Section 2.08 Letters of Credit 31 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES Section 3.01 Repayment of Loans 28 36 Section 3.02 Interest 28 36 Section 3.03 Alternate Rate of Interest 29 37 Section 3.04 Prepayments 29 37 Section 3.05 Fees 33 39 ARTICLE IV

Appears in 1 contract

Samples: Senior Revolving Credit Agreement (Rosetta Resources Inc.)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 22 Section 1.04 Terms Generally; Rules of Construction 22 Section 1.05 Accounting Terms and Determinations; GAAP 23 22 ARTICLE II THE CREDITS Section 2.01 Commitments 23 Section 2.02 Loans and Borrowings 23 24 Section 2.03 Requests for Borrowings 25 Section 2.04 Interest Elections 24 26 Section 2.04 2.05 Funding of Borrowings 25 Section 2.05 Termination of Commitments 26 27 Section 2.06 Incremental Facility 26 Termination, Reduction and Increase of Aggregate Maximum Credit Amounts 27 Section 2.07 Borrowing Base 30 Section 2.08 Letters of Credit 32 ARTICLE III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES Section 3.01 Repayment of Loans 28 37 Section 3.02 Interest 28 37 Section 3.03 Alternate Rate of Interest 29 38 Section 3.04 Prepayments 29 38 Section 3.05 Fees 33 40 ARTICLE IV

Appears in 1 contract

Samples: Credit Agreement (Cabot Oil & Gas Corp)

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