Definition of CEC Loan Conversion Amount


CEC Loan Conversion Amount means $32,818,328.32, which is the equivalent of the par value (including interest paid-in-kind) of the obligations of BROG under the Second Lien Credit Agreement among BROG as Borrower, the several lenders from time to time parties thereto, and Chambers Energy Management, LP, as of immediately prior the Effective Time (as defined in that certain Debt Contribution Agreement, dated as of [ ], 2016 by and among BROG, the Company and CEC).