Common use of Initial Borrowing Base Clause in Contracts

Initial Borrowing Base. For the period from the Effective Date to but excluding the date that the conditions set forth in Section 6.03 are satisfied as provided therein, the amount of the Borrowing Base shall be $0.00. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments in between Scheduled Redeterminations from time to time pursuant to Section 6.03, Section 8.13(c) and Section 9.12.

Initial Borrowing Base. For the period from and including the Amendment No. 5 Effective Date to but excluding the date that the conditions set forth in Section 6.03 are satisfied as provided thereinnext Redetermination Date, the amount of the Borrowing Base shall be $0.001,300,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments in between Scheduled Redeterminations from time to time time, whether before or after such Redetermination Date, pursuant to Section 6.038.12(c), Section 8.13(c9.02(a)(ix) and or Section 9.129.12(d).

Initial Borrowing Base. For the period from and including the Effective Date to but excluding the date that the conditions set forth in Section 6.03 are satisfied as provided thereinApril 1st, 2006, the amount of the Borrowing Base shall be equal to $0.00130,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments in between Scheduled Redeterminations from time to time pursuant to Section 6.03, Section 8.13(c) and or Section 9.129.12(d).

Initial Borrowing Base. For the period from and including the Effective Date to but excluding the date that the conditions set forth in Section 6.03 are satisfied as provided thereinOctober 1, 2005 the amount of the Borrowing Base shall be $0.0030,500,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments in between Scheduled Redeterminations from time to time pursuant to Section 6.032.07(e), Section 8.13(c) and or Section 9.129.12(d).

Initial Borrowing Base. For the period from and including the Effective Date to but excluding the date that the conditions set forth in Section 6.03 are satisfied as provided thereinOctober 1, 2009, the amount of the Borrowing Base shall be $0.001,750,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments in between Scheduled Redeterminations from time to time pursuant to Section 6.032.07(e), Section 2.07(f), Section 8.13(c), Section 9.02(g) and or Section 9.129.12(d). The Borrowing Base shall, under no circumstances, exceed the Aggregate Maximum Credit Amounts.

Initial Borrowing Base. For the period from and including the Effective Date to but excluding the date that the conditions set forth in Section 6.03 are satisfied as provided thereinOctober 1st, 2011, the amount of the Borrowing Base shall be equal to $0.00500,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments in between Scheduled Redeterminations from time to time pursuant to Section 6.03, Section 8.13(c) and or Section 9.129.12(d).

Initial Borrowing Base. For the period from and including the Effective Date to but excluding the date that the conditions set forth in Section 6.03 are satisfied as provided thereinOctober 1st, 2006, the amount of the Borrowing Base shall be $0.00235,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments in between Scheduled Redeterminations from time to time pursuant to Section 6.038.13(c), Section 8.13(c9.02(e) and or Section 9.129.12(d).

Initial Borrowing Base. For the period from and including the Effective Date to but excluding the date that the conditions set forth in Section 6.03 are satisfied as provided thereinOctober 1st, 2006, the amount of the Borrowing Base shall be $0.00265,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments in between Scheduled Redeterminations from time to time pursuant to Section 6.03, Section 6.04, Section 8.13(c), Section 9.02(e) and or Section 9.129.12(d).