Redetermined Borrowing Base. This Amendment shall constitute a notice of the Redetermination of the Borrowing Base pursuant to Section 4.2 of the Agreement, and the Administrative Agent hereby notifies the Borrowers that, as of the date of this Amendment and until the next Redetermination, the redetermined Borrowing Base is $250,000,000.
Appears in 2 contracts
Sources: Credit Agreement (Clayton Williams Energy Inc /De), Credit Agreement (Clayton Williams Energy Inc /De)
Redetermined Borrowing Base. This Amendment shall constitute a notice of the Redetermination of the Borrowing Base pursuant to Section 4.2 3.05 of the Credit Agreement, and the Administrative Agent hereby notifies Agent, the Lenders, the Borrowers that, and the Guarantors hereby acknowledge that effective as of the date of this Third Amendment and until the next RedeterminationEffective Date, the redetermined Borrowing Base is $250,000,0001,200,000,000, and such redetermined Borrowing Base shall remain in effect until the earlier of (i) the next Redetermination of the Borrowing Base and (ii) the date such Borrowing Base is otherwise adjusted pursuant to the terms of the Credit Agreement.
Appears in 2 contracts
Sources: Credit Agreement (Antero Resources LLC), Credit Agreement (Antero Resources Finance Corp)
Redetermined Borrowing Base. This Amendment shall constitute a notice of the a Scheduled Redetermination of the Borrowing Base pursuant to Section 4.2 3.04 of the Credit Agreement, and the Administrative Agent Agent, the Required Lenders, the Borrower and the Guarantors hereby notifies the Borrowers that, acknowledge that effective as of the date of this Amendment and until the next Redeterminationhereof, the Borrowing Base shall be reaffirmed at $2,000,000,000 and such redetermined Borrowing Base shall remain in effect until the earlier of (a) the next Redetermination of the Borrowing Base or (b) the date such Borrowing Base is $250,000,000otherwise adjusted pursuant to the terms of the Credit Agreement.
Appears in 2 contracts
Sources: Credit Agreement (Range Resources Corp), Credit Agreement (Range Resources Corp)
Redetermined Borrowing Base. This Amendment shall constitute a notice of the Redetermination of the Borrowing Base pursuant to Section 4.2 3.05 of the Credit Agreement, and the Administrative Agent hereby notifies Agent, the Lenders, the Borrowers that, and the Guarantors hereby acknowledge that effective as of the date of this First Amendment and until the next RedeterminationEffective Date, the redetermined Borrowing Base is $250,000,000900,000,000, and such redetermined Borrowing Base shall remain in effect until the earlier of (i) the next Redetermination of the Borrowing Base and (ii) the date such Borrowing Base is otherwise adjusted pursuant to the terms of the Credit Agreement.
Appears in 2 contracts
Sources: Credit Agreement (Antero Resources LLC), Credit Agreement (Antero Resources Finance Corp)
Redetermined Borrowing Base. This Amendment shall constitute a notice of the Redetermination redetermination of the Borrowing Base pursuant to Section 4.2 3.04 of the Agreement, Credit Agreement and the Administrative Agent hereby notifies the Borrowers Borrower that, as of the effective date of this Amendment Amendment, the Borrowing Base as of such date and until but not including the next RedeterminationRedetermination Date, the redetermined Borrowing Base is $250,000,0001,200,000,000.
Appears in 1 contract
Redetermined Borrowing Base. This Amendment shall constitute a notice of the Redetermination of the Borrowing Base pursuant to Section 4.2 3.05 of the Credit Agreement, and the Administrative Agent Agent, the Lenders, the Borrower and the Guarantors hereby notifies the Borrowers that, acknowledge that effective as of the date of this Sixth Amendment and until the next RedeterminationEffective Date, the redetermined Borrowing Base is $250,000,0001,750,000,000, and such redetermined Borrowing Base shall remain in effect until the earlier of (i) the next Redetermination of the Borrowing Base and (ii) the date such Borrowing Base is otherwise adjusted pursuant to the terms of the Credit Agreement.
Appears in 1 contract
Redetermined Borrowing Base. This Amendment shall constitute a notice of the a Scheduled Redetermination of the Borrowing Base pursuant to Section 4.2 3.04 of the Credit Agreement, and Administrative Agent, the Administrative Agent Lenders, Borrower and the Guarantors hereby notifies the Borrowers that, acknowledge that effective as of the date of this Amendment and until the next RedeterminationAmendment, the redetermined Borrowing Base is $250,000,0001,300,000,000 and such redetermined Borrowing Base shall remain in effect until the earlier of (a) the next Redetermination of the Borrowing Base, or (b) the date such Borrowing Base is otherwise reduced pursuant to the terms of the Credit Agreement.
Appears in 1 contract
Redetermined Borrowing Base. This Amendment shall constitute a notice of the a Scheduled Redetermination of the Borrowing Base pursuant to Section 4.2 3.04 of the Credit Agreement, and Administrative Agent, the Administrative Agent Lenders, Borrower and the Guarantors hereby notifies the Borrowers that, acknowledge that effective as of the date of this Amendment and until the next RedeterminationAmendment, the redetermined Borrowing Base is $250,000,0001,400,000,000 and such redetermined Borrowing Base shall remain in effect until the earlier of (a) the next Redetermination of the Borrowing Base or (b) the date such Borrowing Base is otherwise reduced pursuant to the terms of the Credit Agreement.
Appears in 1 contract
Redetermined Borrowing Base. This Amendment shall constitute a notice of the a Scheduled Redetermination of the Borrowing Base pursuant to Section 4.2 3.04 of the Credit Agreement, and the Administrative Agent Agent, Lenders, Borrower and Guarantors hereby notifies the Borrowers that, acknowledge that effective as of the date of this Amendment and until the next RedeterminationAmendment, the redetermined Borrowing Base is $250,000,0001,500,000,000 and such redetermined Borrowing Base shall remain in effect until the earlier of (a) the next Redetermination of the Borrowing Base or (b) the date such Borrowing Base is otherwise reduced pursuant to the terms of the Credit Agreement.
Appears in 1 contract
Redetermined Borrowing Base. This Amendment shall constitute a notice of the Redetermination of the Borrowing Base pursuant to Section 4.2 3.05 of the Credit Agreement, and the Administrative Agent hereby notifies Agent, the Lenders, the Borrowers that, and the Guarantors hereby acknowledge that effective as of the date of this Third Amendment and until the next RedeterminationEffective Date, the redetermined Borrowing Base is $250,000,000400,000,000, and such redetermined Borrowing Base shall remain in effect until the next Redetermination of the Borrowing Base.
Appears in 1 contract
Redetermined Borrowing Base. This Amendment shall constitute a notice of the Redetermination a redetermination of the Borrowing Base pursuant to Section 4.2 of the Credit Agreement, and the Administrative Agent Agent, the Lenders and the Borrower hereby notifies the Borrowers that, acknowledge that effective as of October 31, 2016 the date of this Amendment Borrowing Base shall be $400,000,000 and until the next Redetermination, the such redetermined Borrowing Base shall remain in effect until the date the Borrowing Base is $250,000,000otherwise adjusted pursuant to the terms of the Credit Agreement. The redetermination of the Borrowing Base contained in this Section 2 shall constitute the Determination Date to occur on or about November 1, 2016.
Appears in 1 contract
Redetermined Borrowing Base. This Amendment shall constitute a notice of the a Redetermination of the Borrowing Base pursuant to Section 4.2 3.04 of the Credit Agreement, and the Administrative Agent Agent, the Lenders, the Borrower and the Guarantors hereby notifies the Borrowers that, acknowledge that effective as of the date of this Amendment and until the next RedeterminationAmendment, the redetermined Borrowing Base is $250,000,00016,000,000, and such redetermined Borrowing Base shall remain in effect until the earlier of (i) the next Redetermination of the Borrowing Base and (ii) the date such Borrowing Base is otherwise reduced pursuant to the terms of the Credit Agreement.
Appears in 1 contract
Sources: Credit Agreement (Gasco Energy Inc)
Redetermined Borrowing Base. This Amendment shall constitute a notice of the Redetermination a redetermination of the Borrowing Base pursuant to Section 4.2 of the Credit Agreement, and the Administrative Agent Agent, the Lenders and the Borrower hereby notifies the Borrowers that, acknowledge that effective as of the date of this Amendment hereof the Borrowing Base shall be $375,000,000 and until the next Redetermination, the such redetermined Borrowing Base shall remain in effect until the date the Borrowing Base is $250,000,000otherwise adjusted pursuant to the terms of the Credit Agreement. The redetermination of the Borrowing Base contained in this Section 2 shall constitute the Determination Date to occur on or about November 1, 2015.
Appears in 1 contract
Redetermined Borrowing Base. This Amendment shall constitute a notice of the Redetermination redetermination of the Borrowing Base pursuant to Section 4.2 3.04 of the Agreement, Credit Agreement and the Administrative Agent hereby notifies the Borrowers Borrower that, as of the date of this Second Amendment and until the next Redetermination, Effective Date the redetermined Borrowing Base is $250,000,0001,200,000,000 until the next redetermination of the Borrowing Base pursuant to Article III of the Credit Agreement.
Appears in 1 contract
Redetermined Borrowing Base. This Amendment shall constitute a notice of the Redetermination of the Borrowing Base pursuant to Section 4.2 3.05 of the Credit Agreement, and the Administrative Agent hereby notifies Agent, the Lenders, the Borrowers that, and the Guarantors hereby acknowledge that effective as of the date of this Fifth Amendment and until the next RedeterminationEffective Date, the redetermined Borrowing Base is $250,000,0001,650,000,000, and such redetermined Borrowing Base shall remain in effect until the earlier of (i) the next Redetermination of the Borrowing Base and (ii) the date such Borrowing Base is otherwise adjusted pursuant to the terms of the Credit Agreement.
Appears in 1 contract
Redetermined Borrowing Base. This Amendment shall constitute a notice of the a Scheduled Redetermination of the Borrowing Base pursuant to Section 4.2 3.04 of the Credit Agreement, and the Administrative Agent Agent, the Required Lenders, the Borrower and the Guarantors hereby notifies the Borrowers that, acknowledge that effective as of the date of this Second Amendment and until the next RedeterminationEffective Date, the redetermined Borrowing Base is $250,000,0002,000,000,000 and such redetermined Borrowing Base shall remain in effect until the earlier of (a) the next Redetermination of the Borrowing Base or (b) the date such Borrowing Base is otherwise reduced pursuant to the terms of the Credit Agreement.
Appears in 1 contract
Redetermined Borrowing Base. This Amendment shall constitute a notice of the Redetermination of the Borrowing Base pursuant to Section 4.2 3.06(b) of the Credit Agreement, and the Administrative Agent Agent, the Lenders, Borrower and the Guarantors hereby notifies the Borrowers that, acknowledge that effective as of the date of this Sixth Amendment and until the next RedeterminationEffective Date, the redetermined Borrowing Base is $250,000,000375,000,000, and such redetermined Borrowing Base shall remain in effect until the earlier of (i) the Scheduled Redetermination to occur on or about March 1, 2016 pursuant to Section 3.02, Section 3.03 and Section 3.04 of the Credit Agreement and (ii) the date such Borrowing Base is otherwise adjusted pursuant to the terms of the Credit Agreement.
Appears in 1 contract
Redetermined Borrowing Base. This Amendment shall constitute a notice of the Redetermination of the Borrowing Base pursuant to Section 4.2 3.05 of the Credit Agreement, and the Administrative Agent Agent, the Lenders, Borrower and the Guarantors hereby notifies the Borrowers that, acknowledge that effective as of the date of this Fourteenth Amendment and until the next RedeterminationEffective Date, the redetermined Borrowing Base is $250,000,0004,000,000,000, and such redetermined Borrowing Base shall remain in effect until the earlier of (i) the next Redetermination of the Borrowing Base and (ii) the date such Borrowing Base is otherwise adjusted pursuant to the terms of the Credit Agreement.
Appears in 1 contract
Redetermined Borrowing Base. This Amendment shall constitute a notice of the Redetermination of the Borrowing Base pursuant to Section 4.2 3.05 of the Credit Agreement, and the Administrative Agent Agent, the Lenders, Borrower and the Guarantors hereby notifies the Borrowers that, acknowledge that effective as of the date of this Eleventh Amendment and until the next RedeterminationEffective Date, the redetermined Borrowing Base is $250,000,000.3,000,000,000, and such redetermined Borrowing Base shall remain in effect until the earlier of (i) the next Redetermination of the Borrowing Base and (ii) the date such Borrowing Base is otherwise adjusted pursuant to the terms of the Credit Agreement
Appears in 1 contract
Redetermined Borrowing Base. This Amendment shall constitute a notice of the Redetermination of the Borrowing Base pursuant to Section 4.2 3.04 of the Credit Agreement, and the Administrative Agent Agent, the Lenders and the Borrower hereby notifies the Borrowers that, acknowledge that effective as of the date of this Third Amendment and until the next RedeterminationEffective Date, the redetermined Borrowing Base is $250,000,00035,000,000.
Appears in 1 contract
Sources: Credit Agreement (Gasco Energy Inc)
Redetermined Borrowing Base. This Amendment shall constitute a notice of the Redetermination of the Borrowing Base pursuant to Section 4.2 3.05 of the Credit Agreement, and the Administrative Agent hereby notifies Agent, the Lenders, the Borrowers that, and the Guarantors hereby acknowledge that effective as of the date of this Fourth Amendment and until the next RedeterminationEffective Date, the redetermined Borrowing Base is $250,000,0001,550,000,000, and such redetermined Borrowing Base shall remain in effect until the earlier of (i) the next Redetermination of the Borrowing Base and (ii) the date such Borrowing Base is otherwise adjusted pursuant to the terms of the Credit Agreement.
Appears in 1 contract
Redetermined Borrowing Base. This Amendment shall constitute a notice of the Redetermination of the Borrowing Base pursuant to Section 4.2 3.05 of the Credit Agreement, and the Administrative Agent Agent, the Lenders, the Borrower and the Guarantors hereby notifies the Borrowers that, acknowledge that effective as of the date of this Eighth Amendment and until the next RedeterminationEffective Date, the redetermined Borrowing Base is $250,000,0002,000,000,000, and such redetermined Borrowing Base shall remain in effect until the earlier of
(i) the next Redetermination of the Borrowing Base and (ii) the date such Borrowing Base is otherwise adjusted pursuant to the terms of the Credit Agreement.
Appears in 1 contract
Redetermined Borrowing Base. This Amendment shall constitute a notice of the Redetermination of the Borrowing Base pursuant to Section 4.2 of the Agreement, and the Administrative Agent hereby notifies the Borrowers that, as of the date of this Amendment and until the next Redetermination, the redetermined Borrowing Base is $250,000,000300,000,000.
Appears in 1 contract
Redetermined Borrowing Base. This Amendment shall constitute a notice of the a Scheduled Redetermination of the Borrowing Base pursuant to Section 4.2 3.04 of the Credit Agreement, and the Administrative Agent Agent, the Lenders, the Borrower and the Guarantors hereby notifies the Borrowers that, acknowledge that effective as of the date of this Amendment and until the next RedeterminationAmendment, the redetermined Borrowing Base is $250,000,000400,000,000 and such redetermined Borrowing Base shall remain in effect until the earlier of (a) the next Redetermination of the Borrowing Base or (b) the date such Borrowing Base is otherwise adjusted pursuant to the terms of the Credit Agreement.
Appears in 1 contract
Redetermined Borrowing Base. This Amendment shall constitute a notice of the Redetermination of the Borrowing Base pursuant to Section 4.2 3.05 of the Credit Agreement, and the Administrative Agent hereby notifies Agent, the Lenders and the Borrowers that, hereby acknowledge that effective as of the date of this First Amendment and until the next RedeterminationEffective Date, the redetermined Borrowing Base is $250,000,000400,000,000, and such redetermined Borrowing Base shall remain in effect until the next Redetermination of the Borrowing Base.
Appears in 1 contract
Redetermined Borrowing Base. This Amendment shall constitute a notice of the a Scheduled Redetermination of the Borrowing Base pursuant to Section 4.2 3.04 of the Credit Agreement, and Administrative Agent, the Administrative Agent Lenders, Borrower and the Guarantors hereby notifies the Borrowers that, acknowledge that effective as of the date of this Amendment and until the next RedeterminationAmendment, the redetermined Borrowing Base is $250,000,0001,600,000,000 and such redetermined Borrowing Base shall remain in effect until the earlier of (a) the next Redetermination of the Borrowing Base or (b) the date such Borrowing Base is otherwise reduced pursuant to the terms of the Credit Agreement.
Appears in 1 contract
Redetermined Borrowing Base. This Amendment shall constitute a notice of the Redetermination of the Borrowing Base pursuant to Section 4.2 3.04 of the Credit Agreement, and the Administrative Agent Agent, the Lenders, Borrower and the Guarantors hereby notifies the Borrowers that, acknowledge that effective as of the date of this First Amendment and until the next RedeterminationEffective Date, the redetermined Borrowing Base is $250,000,000450,000,000, and such redetermined Borrowing Base shall remain in effect until the earlier of (i) the next Redetermination of the Borrowing Base and (ii) the date such Borrowing Base is otherwise adjusted pursuant to the terms of the Credit Agreement.
Appears in 1 contract
Sources: Credit Agreement (PDC Energy, Inc.)
Redetermined Borrowing Base. This Amendment shall constitute a notice of the Redetermination of the Borrowing Base pursuant to Section 4.2 3.04 of the Agreement, Credit Agreement and the Administrative Agent Agent, the Lenders and the Borrower hereby notifies the Borrowers that, acknowledge that as of the date of this Amendment and until the next Redeterminationhereof, the redetermined Borrowing Base is $250,000,000475,000,000, until the next Redetermination of the Borrowing Base. Notwithstanding anything to the contrary herein or in the Credit Agreement, no Scheduled Redetermination of the Borrowing Base will be made prior to the Scheduled Redetermination to be made on or about May 1, 2012.
Appears in 1 contract
Redetermined Borrowing Base. This Amendment shall constitute a notice of the a Scheduled Redetermination of the Borrowing Base pursuant to Section 4.2 3.04 of the Credit Agreement, and the Administrative Agent Agent, the Lenders, the Borrower and the Guarantors hereby notifies the Borrowers that, acknowledge that effective as of the date of this Amendment and until the next RedeterminationAmendment, the redetermined Borrowing Base is $250,000,000425,000,000 and such redetermined Borrowing Base shall remain in effect until the earlier of (a) the next Redetermination of the Borrowing Base or (b) the date such Borrowing Base is otherwise adjusted pursuant to the terms of the Credit Agreement.
Appears in 1 contract