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

Scheduled Redetermination of the Borrowing Base. Pursuant to Section 2.07(b), the Borrowing Base shall be increased to $400,000,000, effective from and including June 9, 2008 to but excluding the next Redetermination Date. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 8.13(c) or Section 9.13.

Appears in 1 contract

Samples: Revolving Credit Agreement (Rosetta Resources Inc.)

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Scheduled Redetermination of the Borrowing Base. Pursuant to Section 2.07(b)the April 1 Scheduled Redetermination, the Borrowing Base shall be increased to $400,000,000765,000,000, effective from and including June 9, 2008 the Second Amendment Effective Date to but excluding the next Redetermination Date. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 8.13(c) 8.13 or Section 9.139.12.

Appears in 1 contract

Samples: Credit Agreement (Linn Energy, LLC)

Scheduled Redetermination of the Borrowing Base. Pursuant to Section 2.07(b), each Lender consents to a Redetermination pursuant to which the Borrowing Base shall be increased to $400,000,00050,000,000, effective from and including June 9, 2008 the First Amendment Effective Date to but excluding the next Redetermination Date. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 8.13(c) or Section 9.139.12(d).

Appears in 1 contract

Samples: Credit Agreement (Whittier Energy Corp)

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Scheduled Redetermination of the Borrowing Base. Pursuant to Section 2.07(b), the Borrowing Base shall be increased to $400,000,000350,000,000, effective from and including June 9May 1, 2008 2007 to but excluding the next Redetermination Date. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 8.13(c) or Section 9.13.

Appears in 1 contract

Samples: Credit Agreement (Rosetta Resources Inc.)

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