The Revolving Credit Commitment. (a) The Revolving Credit Commitment shall be equal to the lesser of: (i) the Borrowing Base as in effect from time to time, or (ii) Sixty Five Million Dollars ($65,000,000) for the period from October ____, 2000 until December 31, 2000 and Fifty Million Dollars ($50,000,000) for all other times."
Appears in 1 contract
The Revolving Credit Commitment. (a) The Revolving Credit Commitment shall be equal to the lesser of:
(i) the Borrowing Base as in effect from time to time, or
or (ii) Sixty Five Million Dollars ($65,000,000) for the period from October ____, 2000 until December 31, 2000 and Fifty Million Dollars ($50,000,000) for all other times)."
Appears in 1 contract