Borrowing Base Adjustment Provisions definition

Borrowing Base Adjustment Provisions means Section 2.06(e), Section 8.13(c) and Section 9.11 in each case which may adjust (as opposed to redetermine) the amount of the Borrowing Base.

Borrowing Base Adjustment Provisions means Section 2.06(e), Section 8.13(c) and Section 9.10, in each case which may adjust (as opposed to redetermine) the amount of the Borrowing Base.

Borrowing Base Adjustment Provisions means Section 2.08(a), Section 2.08(b) and Section 2.08(c) and any other provision hereunder which adjusts (as opposed to redetermines) the amount of the Borrowing Base.

Examples of Borrowing Base Adjustment Provisions in a sentence

• Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to the Borrowing Base Adjustment Provisions.

• Generally, one sheriff’s deputy will be assigned to each weapons screening station.

• We .......................(principal manufacturer)...................................

• For avoidance of doubt, this provision does not limit the right of the parties to initiate Interim Redeterminations of the Borrowing Base in accordance with Section 2.07(c) of the Credit Agreement or any other Borrowing Base Adjustment Provisions and the Current Scheduled Redetermination shall not constitute an Interim Redetermination.

• All PADEP sampling conducted at the School was outside of the School buildings.

• After giving effect to the Current Scheduled Redetermination, the Borrowing Base shall remain in effect until otherwise redetermined or adjusted pursuant to the Borrowing Base Adjustment Provisions in accordance with the terms of the Credit Agreement.

• Upon the Amendment No. 2 Effective Date (after giving effect to Sections 2 and 3 of this Amendment), the Borrowing Base shall be maintained at $2,100,000,000 pursuant to the Fall 2019 Redetermination, and such amount shall remain the Borrowing Base until the earlier to occur of the next Scheduled Redetermination Date, the next Interim Redetermination Date or the next adjustment to the Borrowing Base under the Borrowing Base Adjustment Provisions, whichever occurs first.

• The Borrowing Base, as increased by this paragraph, shall remain in effect until the next Scheduled Redetermination Date, the next Interim Redetermination Date or the next adjustment to the Borrowing Base under the Borrowing Base Adjustment Provisions after the Montage Merger Effective Date, whichever occurs first.

• The Borrower and the Required Lenders agree that, as of April 30, 2020, the amount of the Borrowing Base shall be$200,000,000 and such amount shall thereafter reduce on the dates and in the amount set forth as follows: BORROWING BASEREDUCTION SCHEDULE Notwithstanding the foregoing, the Borrowing Base may be subject to adjustments pursuant to the Credit Agreement from time to time, including pursuant to the Borrowing Base Adjustment Provisions.

• For the period from and including the Closing Date to but excluding the next Redetermination Date, the amount of the Borrowing Base shall be equal to $130,000,000, subject to further adjustments from time to time pursuant to the Borrowing Base Adjustment Provisions.

More Definitions of Borrowing Base Adjustment Provisions

Borrowing Base Adjustment Provisions means Section 2.20(e), Section 5.11(b), Section 6.08(a)(vi) and any other provisions hereunder which expressly provide for adjustments of the amount of the Borrowing Base.

Borrowing Base Adjustment Provisions means Section 2.07(e), Section 2.07(f), Section 2.07(g), Section 9.12(d)(iii) and any other provision hereunder which adjusts (as opposed to redetermines) the amount of the Borrowing Base.

Borrowing Base Adjustment Provisions means S ection 2.06(e), S ection 8.13(c) and S ection 9.10, in each case which may adjust (as opposed to redetermine) the amount of the Borrowing Base.

Borrowing Base Adjustment Provisions means Section 2.07(e), Section 8.13(c) and Section 9.11(f) and any other provisions hereunder which adjust the amount of the Borrowing Base.

Borrowing Base Adjustment Provisions means Section 2.20(e), Section 5.11(b), Section 6.08(a)(vi) and any other provisions hereunder which expressly provide for adjustments of the amount of the Borrowing Base. “Borrowing Base Deficiency” occurs if, at any time, the Total Credit Exposure at such time exceeds the Borrowing Base in effect at such time. The amount of the Borrowing Base Deficiency at such time is the amount by which the Total Credit Exposure at such time exceeds the Borrowing Base in effect at such time.

Borrowing Base Adjustment Provisions means Section 2.08(a) and Section 2.08(b) and any other provision hereunder which adjusts (as opposed to redetermines) the amount of the Borrowing Base. “Borrowing Base Deficiency” occurs, if at any time, the total Revolving Credit Exposures exceeds the Borrowing Base then in effect. The amount of the Borrowing Base Deficiency at such time is the amount by which the total Revolving Credit Exposures of all Lenders at such time exceeds the Borrowing Base in effect at such time; provided, that, for purposes of determining the existence and amount of any Borrowing Base Deficiency, obligations under any Letter of Credit will not be deemed to be outstanding to the extent such obligations are Cash Collateralized. “Borrowing Base Increase Amount” has the meaning assigned to such term in Section 3.05(d). “Borrowing Base Properties” means the proved Oil and Gas Properties that (a) are included in the Initial Reserve Report or thereafter in the most recently delivered Reserve Report delivered pursuant to Section 8.12 and (b) are given Borrowing Base Value. “Borrowing Base Utilization Percentage” means, as of any day, the fraction expressed as a percentage, the numerator of which is the sum of the Revolving Credit Exposures of the Lenders on such day, and the denominator of which is the Borrowing Base in effect on such day. 4 007870-0083-15888-Active.27383864