{"component": "definition", "props": {"groups": [{"snippet_links": [{"key": "oil-and-gas-properties", "type": "clause", "offset": [10, 32]}, {"key": "parties-included", "type": "clause", "offset": [45, 61]}, {"key": "initial-reserve-report", "type": "definition", "offset": [69, 91]}, {"key": "most-recently-delivered-reserve-report", "type": "definition", "offset": [114, 152]}, {"key": "pursuant-to-section", "type": "definition", "offset": [163, 182]}], "size": 97, "samples": [{"hash": "NbbMsijAq4", "uri": "/contracts/NbbMsijAq4#borrowing-base-properties", "label": "Credit Agreement (Us Energy Corp)", "score": 33.0246391296, "published": true}, {"hash": "37y5bZd3oZq", "uri": "/contracts/37y5bZd3oZq#borrowing-base-properties", "label": "Credit Agreement (Sundance Energy Inc.)", "score": 31.4804935455, "published": true}, {"hash": "74BLXVTfpEn", "uri": "/contracts/74BLXVTfpEn#borrowing-base-properties", "label": "Credit Agreement (Sundance Energy Inc.)", "score": 31.0342235565, "published": true}], "snippet": "means the Oil and Gas Properties of the Loan Parties included in the Initial Reserve Report and thereafter in the most recently delivered Reserve Report delivered pursuant to Section 8.12.", "hash": "0cbe5fe3f679cd3b4550ac15fab52d3a", "id": 1}, {"snippet_links": [{"key": "oil-and-gas-interests", "type": "clause", "offset": [10, 31]}, {"key": "the-restricted-subsidiaries", "type": "clause", "offset": [52, 79]}, {"key": "by-the-lenders", "type": "clause", "offset": [90, 104]}, {"key": "for-purposes-of", "type": "clause", "offset": [105, 120]}, {"key": "borrowing-base", "type": "clause", "offset": [138, 152]}], "size": 82, "samples": [{"hash": "5EmqmGZvvcY", "uri": "/contracts/5EmqmGZvvcY#borrowing-base-properties", "label": "Debt Agreement (Exco Resources Inc)", "score": 29.0657081604, "published": true}, {"hash": "iYRDyRMNb9l", "uri": "/contracts/iYRDyRMNb9l#borrowing-base-properties", "label": "Credit Agreement (Clayton Williams Energy Inc /De)", "score": 27.2012329102, "published": true}, {"hash": "ksFoD45CLtq", "uri": "/contracts/ksFoD45CLtq#borrowing-base-properties", "label": "Credit Agreement (Clayton Williams Energy Inc /De)", "score": 27.1848049164, "published": true}], "snippet": "means all Oil and Gas Interests of the Borrower and the Restricted Subsidiaries evaluated by the Lenders for purposes of establishing the Borrowing Base.", "hash": "8aaacdd9fd40037c77b161547dd35fc8", "id": 2}, {"snippet_links": [{"key": "mineral-interests", "type": "clause", "offset": [10, 27]}, {"key": "by-banks", "type": "clause", "offset": [38, 46]}, {"key": "for-purposes-of", "type": "clause", "offset": [47, 62]}, {"key": "the-borrowing", "type": "clause", "offset": [76, 89]}, {"key": "on-the-effective-date", "type": "clause", "offset": [126, 147]}, {"key": "the-mineral", "type": "clause", "offset": [166, 177]}, {"key": "initial-reserve-report", "type": "definition", "offset": [205, 227]}], "size": 60, "samples": [{"hash": "jNUbA2yVs1G", "uri": "/contracts/jNUbA2yVs1G#borrowing-base-properties", "label": "Credit Agreement (Laredo Petroleum, Inc.)", "score": 33.8377838135, "published": true}, {"hash": "f3IRhuV1IHM", "uri": "/contracts/f3IRhuV1IHM#borrowing-base-properties", "label": "Credit Agreement (Laredo Petroleum, Inc.)", "score": 33.2956886292, "published": true}, {"hash": "82Z1IS0yUKx", "uri": "/contracts/82Z1IS0yUKx#borrowing-base-properties", "label": "Credit Agreement (Laredo Petroleum, Inc.)", "score": 32.3566055298, "published": true}], "snippet": "means all Mineral Interests evaluated by Banks for purposes of establishing the Borrowing Base. The Borrowing Base Properties on the Effective Date constitute all of the Mineral Interests described in the Initial Reserve Report.", "hash": "42e5bc2570f01a621239995e385afe75", "id": 3}, {"snippet_links": [{"key": "proved-oil-and-gas-properties", "type": "definition", "offset": [10, 39]}, {"key": "of-the-borrower", "type": "clause", "offset": [40, 55]}, {"key": "subsidiaries-included", "type": "clause", "offset": [75, 96]}, {"key": "most-recently-delivered-reserve-report", "type": "definition", "offset": [104, 142]}], "size": 25, "samples": [{"hash": "crvjFuibBVv", "uri": "/contracts/crvjFuibBVv#borrowing-base-properties", "label": "Credit Agreement (Gulfport Energy Corp)", "score": 35.7077331543, "published": true}, {"hash": "4eZRST6O4A6", "uri": "/contracts/4eZRST6O4A6#borrowing-base-properties", "label": "Credit Agreement (Northern Oil & Gas, Inc.)", "score": 33.4325790405, "published": true}, {"hash": "gck1EuKGJLa", "uri": "/contracts/gck1EuKGJLa#borrowing-base-properties", "label": "Credit Agreement (Northern Oil & Gas, Inc.)", "score": 32.4168395996, "published": true}], "snippet": "means the proved Oil and Gas Properties of the Borrower and its Restricted Subsidiaries included in the most recently delivered Reserve Report hereunder.", "hash": "942c77f9615cca7f6bde1443ca2edc1f", "id": 4}, {"snippet_links": [{"key": "acceptable-property", "type": "definition", "offset": [11, 30]}, {"key": "initial-borrowing-base-property", "type": "definition", "offset": [53, 84]}, {"key": "a-borrowing", "type": "definition", "offset": [100, 111]}, {"key": "pursuant-to-section", "type": "definition", "offset": [126, 145]}, {"key": "but-excluding", "type": "clause", "offset": [152, 165]}, {"key": "the-borrowing", "type": "clause", "offset": [221, 234]}], "size": 16, "samples": [{"hash": "9FBVhxCbd1l", "uri": "/contracts/9FBVhxCbd1l#borrowing-base-properties", "label": "Term Loan Agreement (STAG Industrial, Inc.)", "score": 25.2272415161, "published": true}, {"hash": "ftl3J5awwmi", "uri": "/contracts/ftl3J5awwmi#borrowing-base-properties", "label": "Term Loan Agreement (STAG Industrial, Inc.)", "score": 24.1375770569, "published": true}, {"hash": "1uCPeP7spUx", "uri": "/contracts/1uCPeP7spUx#borrowing-base-properties", "label": "Credit Agreement (STAG Industrial, Inc.)", "score": 23.8528404236, "published": true}], "snippet": "means each Acceptable Property that either (a) is an Initial Borrowing Base Property or (b) becomes a Borrowing Base Property pursuant to Section 4.03, but excluding any Acceptable Properties that have been released from the Borrowing Base pursuant to Section 4.09, and \u201cBorrowing Base Property\u201d means any one of the Borrowing Base Properties.", "hash": "817a163e8dd688af9f1ee8a3a30d34d7", "id": 5}, {"snippet_links": [{"key": "date-of-determination", "type": "clause", "offset": [17, 38]}, {"key": "the-requirements", "type": "clause", "offset": [51, 67]}, {"key": "real-properties", "type": "definition", "offset": [89, 104]}, {"key": "without-limitation", "type": "clause", "offset": [117, 135]}, {"key": "related-land", "type": "definition", "offset": [141, 153]}, {"key": "improvements-and-fixtures", "type": "clause", "offset": [155, 180]}, {"key": "on-schedule", "type": "definition", "offset": [189, 200]}, {"key": "pursuant-to-section", "type": "definition", "offset": [264, 283]}], "size": 15, "samples": [{"hash": "izccolbvcMe", "uri": "/contracts/izccolbvcMe#borrowing-base-properties", "label": "Credit Agreement (Ryman Hospitality Properties, Inc.)", "score": 30.8316230774, "published": true}, {"hash": "aHGXLyHm6Z3", "uri": "/contracts/aHGXLyHm6Z3#borrowing-base-properties", "label": "Credit Agreement (Ryman Hospitality Properties, Inc.)", "score": 28.3675556183, "published": true}, {"hash": "erQM5jfMM1i", "uri": "/contracts/erQM5jfMM1i#borrowing-base-properties", "label": "Credit Agreement (Ryman Hospitality Properties, Inc.)", "score": 26.434633255, "published": true}], "snippet": "means, as of any date of determination, subject to the requirements of Section 7.04, the Real Properties (including, without limitation, all related land, improvements and fixtures) listed on Schedule 1.01(b) (as such schedule may be adjusted (or deemed adjusted) pursuant to Section 7.13).", "hash": "f2c4a2a999050026de31e6ec74ddfb76", "id": 6}, {"snippet_links": [{"key": "individual-properties", "type": "definition", "offset": [11, 32]}, {"key": "individual-property", "type": "definition", "offset": [89, 108]}, {"key": "borrowing-base-property", "type": "definition", "offset": [138, 161]}, {"key": "in-accordance-with", "type": "clause", "offset": [162, 180]}, {"key": "section-34", "type": "clause", "offset": [181, 192]}, {"key": "but-excluding", "type": "clause", "offset": [201, 214]}, {"key": "the-administrative-agent", "type": "clause", "offset": [270, 294]}, {"key": "section-33", "type": "clause", "offset": [356, 367]}, {"key": "section-32", "type": "clause", "offset": [450, 461]}], "size": 13, "samples": [{"hash": "2T9kkxRI0MQ", "uri": "/contracts/2T9kkxRI0MQ#borrowing-base-properties", "label": "Loan Agreement (Cedar Realty Trust, Inc.)", "score": 32.8412055969, "published": true}, {"hash": "gKDeKfhYoiT", "uri": "/contracts/gKDeKfhYoiT#borrowing-base-properties", "label": "Loan Agreement (Cedar Realty Trust, Inc.)", "score": 29.5831623077, "published": true}, {"hash": "ivRfLlQ5tAF", "uri": "/contracts/ivRfLlQ5tAF#borrowing-base-properties", "label": "Loan Agreement (Cedar Realty Trust, Inc.)", "score": 28.835729599, "published": true}], "snippet": "means, the Individual Properties initially listed in Schedule 6.14.2(i) hereto, plus any Individual Property which subsequently becomes a Borrowing Base Property in accordance with Section 3.4 hereof, but excluding (i) any Borrowing Base Property which is determined by the Administrative Agent to no longer be a Borrowing Base Property in accordance with Section 3.3, hereof, or (ii) any Borrowing Base Property which is released in accordance with Section 3.2 hereof.", "hash": "056b46de75d726ffef086dca1a73c556", "id": 7}, {"snippet_links": [{"key": "oil-and-gas-properties", "type": "clause", "offset": [10, 32]}, {"key": "the-credit-parties", "type": "clause", "offset": [36, 54]}, {"key": "proved-reserves", "type": "definition", "offset": [68, 83]}, {"key": "most-recently-delivered-reserve-report", "type": "definition", "offset": [104, 142]}], "size": 13, "samples": [{"hash": "lvxaBcgDmOG", "uri": "/contracts/lvxaBcgDmOG#borrowing-base-properties", "label": "Fourth Amendment to Credit Agreement (Infinity Natural Resources, Inc.)", "score": 37.1451072693, "published": true}, {"hash": "a3hfj6PGtnH", "uri": "/contracts/a3hfj6PGtnH#borrowing-base-properties", "label": "Credit Agreement (Infinity Natural Resources, Inc.)", "score": 36.247089386, "published": true}, {"hash": "aUxUNSMYiBp", "uri": "/contracts/aUxUNSMYiBp#borrowing-base-properties", "label": "Credit Agreement (Infinity Natural Resources, Inc.)", "score": 35.7378501892, "published": true}], "snippet": "means the Oil and Gas Properties of the Credit Parties constituting Proved Reserves as set forth in the most recently delivered Reserve Report.", "hash": "1501be1e2c4fe831bf0f67ce792b1ce4", "id": 8}, {"snippet_links": [{"key": "oil-and-gas-properties", "type": "clause", "offset": [10, 32]}, {"key": "restricted-persons", "type": "definition", "offset": [40, 58]}, {"key": "first-lien-lenders", "type": "definition", "offset": [76, 94]}, {"key": "for-purposes-of", "type": "clause", "offset": [95, 110]}, {"key": "borrowing-base", "type": "clause", "offset": [128, 142]}, {"key": "in-effect", "type": "definition", "offset": [148, 157]}], "size": 9, "samples": [{"hash": "aPxfV9iLx1A", "uri": "/contracts/aPxfV9iLx1A#borrowing-base-properties", "label": "Second Lien Credit Agreement (Sundance Energy Australia LTD)", "score": 25.5229301453, "published": true}, {"hash": "6H9EFLTapsz", "uri": "/contracts/6H9EFLTapsz#borrowing-base-properties", "label": "Second Lien Credit Agreement (Sundance Energy Australia LTD)", "score": 24.9644088745, "published": true}, {"hash": "e1bGq6vDI8o", "uri": "/contracts/e1bGq6vDI8o#borrowing-base-properties", "label": "Second Lien Credit Agreement (Sundance Energy Australia LTD)", "score": 24.7946605682, "published": true}], "snippet": "means the Oil and Gas Properties of the Restricted Persons evaluated by the First Lien Lenders for purposes of establishing the Borrowing Base then in effect.", "hash": "2c42ca5856f5082b9a62188be0bb1195", "id": 9}, {"snippet_links": [{"key": "acceptable-property", "type": "definition", "offset": [11, 30]}, {"key": "initial-borrowing-base-property", "type": "definition", "offset": [53, 84]}, {"key": "a-borrowing", "type": "definition", "offset": [100, 111]}, {"key": "pursuant-to-section", "type": "definition", "offset": [126, 145]}, {"key": "but-excluding", "type": "clause", "offset": [152, 165]}, {"key": "the-borrowing", "type": "clause", "offset": [221, 234]}, {"key": "provided-that", "type": "definition", "offset": [344, 357]}, {"key": "dark-property", "type": "definition", "offset": [438, 451]}, {"key": "said-property", "type": "definition", "offset": [453, 466]}, {"key": "borrowing-base-asset-value", "type": "definition", "offset": [528, 554]}, {"key": "adjusted-borrowing-base-noi", "type": "definition", "offset": [559, 586]}, {"key": "calculating-the", "type": "clause", "offset": [610, 625]}], "size": 8, "samples": [{"hash": "i1CnUewetHw", "uri": "/contracts/i1CnUewetHw#borrowing-base-properties", "label": "Credit Agreement (American Realty Capital Properties, Inc.)", "score": 24.1594791412, "published": true}, {"hash": "iVO053q4vog", "uri": "/contracts/iVO053q4vog#borrowing-base-properties", "label": "Credit Agreement (American Realty Capital Trust III, Inc.)", "score": 24.1403141022, "published": true}, {"hash": "eAUpAg1o3kV", "uri": "/contracts/eAUpAg1o3kV#borrowing-base-properties", "label": "Credit Agreement (American Realty Capital Trust III, Inc.)", "score": 23.6064338684, "published": true}], "snippet": "means each Acceptable Property that either (a) is an Initial Borrowing Base Property or (b) becomes a Borrowing Base Property pursuant to Section 4.03, but excluding any Acceptable Properties that have been released from the Borrowing Base pursuant to Section 4.09, and \u201cBorrowing Base Property\u201d means any one of the Borrowing Base Properties, provided that after the date that is six (6) months after a Borrowing Base Property becomes a Dark Property, said Property shall no longer constitute a Borrowing Base Property and its Borrowing Base Asset Value and Adjusted Borrowing Base NOI shall be excluded when calculating the Borrowing Base.", "hash": "3d39b981ea3bfe64715a6edd674a8e02", "id": 10}], "next_curs": "CmYSYGoVc35sYXdpbnNpZGVyY29udHJhY3RzckILEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIiYm9ycm93aW5nLWJhc2UtcHJvcGVydGllcyMwMDAwMDAwYQyiAQJlbhgAIAA=", "definition": {"size": 612, "title": "Borrowing Base Properties", "snippet": "means the Oil and Gas Properties of the Loan Parties included in the Initial Reserve Report and thereafter in the most recently delivered Reserve Report delivered pursuant to Section 8.12.", "id": "borrowing-base-properties", "examples": ["The term \u201cAverage Wellhead Price\u201d means the weighted average of the prices paid to Borrower during the twelve-month period preceding a Redetermination Date for: (a) each one thousand cubic feet of natural gas; and (b) each barrel of oil produced from the <strong>Borrowing Base Properties</strong> during that twelve-month period.", "The Administrative Agent shall promptly notify the Borrower in writing of the Borrowing Base Value, if any, attributable to such terminated, unwound or offsetting hedge positions and Disposed of <strong>Borrowing Base Properties</strong> in the calculation of the then-effective Borrowing Base and, upon receipt of such notice, the Borrowing Base shall be simultaneously reduced by such amount.", "Borrower shall cause to be delivered to Lender such title opinions and other information regarding title to the <strong>Borrowing Base Properties</strong> that are in Borrower\u2019s possession and that are appropriate to determine the status of title to the <strong>Borrowing Base Properties</strong>.", "The term \u201cReserve Report\u201d means the current engineering analysis of the probable value of the <strong>Borrowing Base Properties</strong> in form and substance customary in the Oil and Gas Business for proved producing properties that are located in the geographic area of the <strong>Borrowing Base Properties</strong> and that have similar geologic and geophysical characteristics."], "related": [["borrowing-base-property", "Borrowing Base Property", "Borrowing Base Property"], ["borrowing-base-assets", "Borrowing Base Assets", "Borrowing Base Assets"], ["unencumbered-properties", "Unencumbered Properties", "Unencumbered Properties"], ["borrowing-base-value", "Borrowing Base Value", "Borrowing Base Value"], ["real-properties", "Real Properties", "Real Properties"]], "related_snippets": [], "updated": "2026-04-19T04:24:51+00:00"}, "json": true, "cursor": ""}}