Common use of Scheduled Redetermination of the Borrowing Base Clause in Contracts

Scheduled Redetermination of the Borrowing Base. Effective as of the First Amendment Effective Date, the Borrowing Base shall be $385,000,000, subject to future Redeterminations as provided in the Credit Agreement. The Borrower and the Lenders agree that this Redetermination shall constitute the Scheduled Redetermination scheduled to occur on October 1, 2016.

Appears in 2 contracts

Samples: Credit Agreement (Tapstone Energy Inc.), Credit Agreement

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Scheduled Redetermination of the Borrowing Base. Effective as of the First Amendment Effective Datedate hereof, the Borrowing Base shall be $385,000,000330,000,000, subject to future Redeterminations redeterminations as provided in the Credit Agreement. The Borrower and the Lenders agree that this Redetermination redetermination shall constitute the Scheduled Redetermination scheduled to occur on October 1, 20162014, as extended to November 15, 2014 pursuant to that certain Consent Agreement dated as of October 13, 2014 by and among the Borrower, the Guarantors, the Administrative Agent and the Lenders party thereto.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Resolute Energy Corp)

Scheduled Redetermination of the Borrowing Base. Effective as of the First Amendment Effective Datedate hereof, the Borrowing Base shall be $385,000,000415,000,000, subject to future Redeterminations redeterminations as provided in the Credit Agreement. The Borrower and the Lenders agree that this Redetermination redetermination shall constitute the Scheduled Redetermination scheduled to occur on October 1, 20162013.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Resolute Energy Corp)

Scheduled Redetermination of the Borrowing Base. Effective as of the First Amendment Effective Datedate hereof, the Borrowing Base shall be $385,000,000330,000,000, subject to future Redeterminations later redeterminations as provided in the Credit Agreement. The Borrower and the Lenders agree that this Redetermination redetermination shall constitute the Scheduled Redetermination scheduled to occur on October April 1, 20162012.

Appears in 1 contract

Samples: Credit Agreement (Resolute Energy Corp)

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Scheduled Redetermination of the Borrowing Base. Effective As of the Scheduled Redetermination as April 2011, effective as of the First Amendment Effective DateApril 25, the Borrowing Base shall be $385,000,0002011, and subject to future Redeterminations later redeterminations as provided in the Credit Agreement. The Borrower and , the Lenders agree that this Redetermination shall constitute the Scheduled Redetermination scheduled to occur on October 1, 2016Borrowing Base is $300,000,000.

Appears in 1 contract

Samples: Credit Agreement (Resolute Energy Corp)

Scheduled Redetermination of the Borrowing Base. Effective as of the First Twelfth Amendment Effective Date, the Borrowing Base shall be $385,000,000275,000,000, subject to future Redeterminations redeterminations and adjustments as provided in the Credit Agreement. The Borrower and the Lenders agree that this Redetermination redetermination shall constitute the Scheduled Redetermination scheduled to occur on October April 1, 20162015.

Appears in 1 contract

Samples: Credit Agreement (Resolute Energy Corp)

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