New Borrowing Base Notice definition

New Borrowing Base Notice has the meaning assigned such term in Section 2.07(d).
New Borrowing Base Notice shall have the meaning specified therefor in Section 2.1(e)(iii)(A).
New Borrowing Base Notice has the meaning assigned to such term in Section 3.04.

Examples of New Borrowing Base Notice in a sentence

  • This Third Amendment constitutes a New Borrowing Base Notice for purposes of Section 2.8(d) of the Credit Agreement.


More Definitions of New Borrowing Base Notice

New Borrowing Base Notice has the meaning assigned to such term in Section 2.07(d). “Non-U.S. Lender” means a Lender, with respect to the Borrower, that is not a U.S. Person. “Notes” means the promissory notes, if any, of the Borrower described in Section 2.02(d) and being substantially in the form of Exhibit A, together with all amendments, modifications, replacements, extensions and rearrangements thereof. “NYFRB” means the Federal Reserve Bank of New York. “NYFRB Rate” means, for any day, the greater of (a) the Federal Funds Effective Rate in effect on such day and (b) the Overnight Bank Funding Rate in effect on such day (or for any day that is not a Business Day, for the immediately preceding Business Day); provided that if none of such rates are published for any day that is a Business Day, the term “NYFRB Rate” means the rate for a federal funds transaction quoted at 11:00 a.m. on such day received to the Administrative Agent from a federal funds broker of recognized standing selected by it; provided, further, that if any of the aforesaid rates shall be less than zero, such rate shall be deemed to be zero for purposes of this Agreement. “OFAC” means the Office of Foreign Assets Control of the United States Department of the Treasury. “Oil and Gas Properties” means (a) Hydrocarbon Interests; (b) the Properties now or hereafter pooled or unitized with Hydrocarbon Interests; (c) all presently existing or future unitization, pooling agreements and declarations of pooled units and the units created thereby (including all units created under orders, regulations and rules of any Governmental Authority) which may affect all or any portion of the Hydrocarbon Interests; (d) all operating agreements, contracts and other agreements, including production sharing contracts and agreements, which relate to any of the Hydrocarbon Interests or the production, sale, purchase, exchange or processing of Hydrocarbons from or attributable to such Hydrocarbon Interests; (e) all Hydrocarbons in and under and which may be produced and saved or attributable to the Hydrocarbon Interests, including all oil in tanks, and all rents, issues, profits, proceeds, products, revenues and other incomes from or attributable to the Hydrocarbon Interests; (f) all tenements, hereditaments, appurtenances and Properties in any manner appertaining, belonging, affixed or incidental to the Hydrocarbon Interests 23 007870-0083-15888-Active.27383864
New Borrowing Base Notice shall have the meaning provided in Section 2.14(d). “Non-Consenting B/B Lender” shall have the meaning provided in Section 2.14(i). “Non-Consenting Lender” shall have the meaning provided in Section 14.7(b).
New Borrowing Base Notice shall have the meaning assigned to such term in Section 2.21(d).
New Borrowing Base Notice has the meaning assigned such term in Section 2.07(d). Credit Agreement
New Borrowing Base Notice has the meaning assigned such term in Section 2.07(d). “Non-Defaulting Lender” means, at any time, each Lender that is not a Defaulting Lender at such time. “Notes” means the promissory notes of the Borrower described in Section 2.02(d) evidencing the Loans and being substantially in the form of Error! Reference source not found., together with all amendments, modifications, replacements, extensions and rearrangements thereof. “NYFRB” means the Federal Reserve Bank of New York. “NYFRB Rate” means, for any day, the greater of (a) the Federal Funds Effective Rate in effect on such day and (b) the Overnight Bank Funding Rate in effect on such day (or for any day that is not a Business Day, for the immediately preceding Business Day); provided that if none of 22
New Borrowing Base Notice has the meaning assigned such term in Section 2.07(d). 343437 Definition amended by Fourth Amendment. 353538 Definition amended most recently by Thirteen Amendment. 363639 Definition added by Thirteenth Amendment.
New Borrowing Base Notice is defined in Section 2.16(d).