Common use of Special Redetermination Clause in Contracts

Special Redetermination. (a) In addition to Scheduled Redeterminations, Required Banks shall be permitted to make a Special Redetermination of the Borrowing Base once in each period between Scheduled Redeterminations. Any request by Required Banks pursuant to this Section 5.3(a) shall be submitted to Administrative Agent and Borrower.

Appears in 3 contracts

Samples: Credit Agreement (Venus Exploration Inc), Credit Agreement (Exco Resources Inc), Credit Agreement (Exco Resources Inc)

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Special Redetermination. (a) In addition to Scheduled Redeterminations, Required Banks shall be permitted to make a Special Redetermination of the Borrowing Base once in each period between Scheduled Redeterminations. Any request by Required Banks pursuant to this Section 5.3(a6.3(a) shall be submitted to Administrative Agent and Borrower.

Appears in 1 contract

Samples: Credit Agreement (Quicksilver Resources Inc)

Special Redetermination. (a) In addition to Scheduled Redeterminations, Required Banks Banks, in their sole discretion, shall be permitted to make a Special Redetermination of the Borrowing Base once in each period between Scheduled RedeterminationsFiscal Year. Any request by Required Banks pursuant to this Section 5.3(a3.3(a) shall be submitted to Administrative Agent and Borrower.

Appears in 1 contract

Samples: Credit Agreement (Berry Petroleum Co)

Special Redetermination. (a) In addition to Scheduled ----------------------- Redeterminations, Required Banks shall be permitted to make a Special Redetermination of the Borrowing Base and the Conforming Borrowing Base once in each period between Scheduled Redeterminations. Any request by Required Banks pursuant to this Section 5.3(a6.3(a) shall be submitted to Administrative Agent and -------------- Borrower.

Appears in 1 contract

Samples: Credit Agreement (Quicksilver Resources Inc)

Special Redetermination. (a) In addition to Scheduled Redeterminations, Required Banks shall be permitted to make a Special Redetermination of the Borrowing Base once in each period between Scheduled Redeterminationscalendar year. Any request by Required Banks pursuant to this Section 5.3(a3.3(a) shall be submitted to Administrative Agent and Borrower.

Appears in 1 contract

Samples: Credit Agreement (Wiser Oil Co)

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Special Redetermination. (a) In addition to Scheduled Redeterminations, Required Banks shall be permitted to make a Special Redetermination of the Borrowing Base once in each period between Scheduled Redeterminations. Any request by Required Banks pursuant to this Section 5.3(a) shall be submitted to Administrative Agent and Borrower.

Appears in 1 contract

Samples: Credit Agreement (Exco Resources Inc)

Special Redetermination. (a) In addition to Scheduled ----------------------- Redeterminations, Required Banks shall be permitted to make a Special Redetermination of the Borrowing Base once in each period between Scheduled Redeterminations. Any request by Required Banks pursuant to this Section 5.3(a6.3(a) -------------- shall be submitted to Administrative Agent and Borrower.

Appears in 1 contract

Samples: Credit Agreement (Quicksilver Resources Inc)

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