Common use of Determination of Borrowing Base Clause in Contracts

Determination of Borrowing Base. (i) The Lenders agree, subject to the terms and conditions of this Credit Agreement, from time to time, to make Revolving Loans to the Borrower on a revolving basis. The Working Capital Obligations, shall not in the aggregate exceed the lesser of (A) the Revolving Credit Committed Amount then in effect and (B) the Borrowing Base.

Determination of Borrowing Base. (i) The Lenders agree, subject to the terms and conditions of this Credit Agreement, from time to time, to make Revolving Loans to the Borrower Borrowers on a revolving basis. The Working Capital Revolving Loans, together with the Letter of Credit Obligations, shall not in the aggregate exceed the lesser of (A) the Revolving Credit Committed Amount then in effect and (B) the Borrowing Base.

Determination of Borrowing Base. (i) The Lenders agreeagree severally and not jointly, subject to the terms and conditions of this Credit Agreement, from time to time, to make Revolving Loans loans and advances to the Borrower Borrowers hereunder on a revolving basis. The Working Capital Obligationsaggregate amount of such loans and advances to the Borrowers (each, a "Revolving Loan"; and collectively, the "Revolving Loans") together with the Letter of Credit Obligations outstanding with respect to the Letters of Credit shall not in the aggregate exceed the lesser of (A) the Revolving Credit Committed Amount then in effect and (B) the Borrowing Base.of:

Determination of Borrowing Base. (i) The Lenders agree, subject to the terms and conditions of this Credit Agreement, from time to time, to make Revolving Loans loans and advances to the Borrower Borrowers hereunder on a revolving basis. The Working Capital ObligationsSuch loans and advances to the Borrowers (each, a "Revolving Loan"; and collectively, the "Revolving Loans"), together with the Letter of Credit Obligations outstanding, shall not in the aggregate exceed the lesser of (A) the Revolving Credit Committed Amount then in effect and (B) the Borrowing Base.of:

Determination of Borrowing Base. (i) The Lenders agree, subject to the terms and conditions of this Credit Agreement, from time to time, to make Revolving Loans loans and advances to the Borrower hereunder on a revolving basis. The Working Capital ObligationsSuch loans and advances to the Borrower (each, a "Revolving Loan"; and collectively, the "Revolving Loans") together with the Letter of Credit Obligations outstanding with respect to the Letters of Credit shall not in the aggregate exceed the lesser of (A) the Revolving Credit Committed Amount then in effect and (B) the Borrowing Base.of: