Scheduled Redetermination Date definition

Scheduled Redetermination Date means the date on which a Borrowing Base that has been redetermined pursuant to a Scheduled Redetermination becomes effective as provided in Section 2.07(d).

Scheduled Redetermination Date shall have the meaning assigned such term in Section 2.08(d).

Scheduled Redetermination Date means (a) (i) April 1, July 1, October 1 and January 1 of each year commencing April 1, 2014, and until but not including April 15, 2015, and (ii) commencing on April 15, 2015 and thereafter, on each April 1 and October 1, based upon a Reserve Report prepared as of the immediately preceding January 1 and July 1, respectively, and (b) each Optional Scheduled Redetermination Date (or, in the case of both of the foregoing clauses (a) and (b), such date promptly thereafter as reasonably practicable).

Examples of Scheduled Redetermination Date in a sentence

• Within three Business Days of its receipt of a New Borrowing Base Notice, the Borrower may provide written notice to the Administrative Agent and the Lenders that specifies for the period from the effective date of the New Borrowing Base Notice until the next succeeding Scheduled Redetermination Date, the Borrowing Base will be a lesser amount than the amount set forth in such New Borrowing Base Notice, whereupon such specified lesser amount will become the new Borrowing Base.

• Within three Business Days of its receipt of a New Borrowing Base Notice, the Borrower may provide written notice to the Administrative Agent and the Revolving Lenders that specifies for the period from the effective date of the New Borrowing Base Notice until the next succeeding Scheduled Redetermination Date, the Borrowing Base will be a lesser amount than the amount set forth in such New Borrowing Base Notice, whereupon such specified lesser amount will become the new Borrowing Base.

• For purposes of this Section 2.07(e), until the first Scheduled Redetermination Date occurs hereunder, the phrase “the most recent Scheduled Redetermination Date” shall mean “the Effective Date”.

• De plus, cela a coûté du temps à un projet dont le démarrage effectif accusait déjà un retard de 6 à 8 mois.

• Within 30 days of the end of each calendar month, a list of all Oil or Gas Properties or any Equity Interests in any Subsidiary disposed if the aggregate value of all such Properties and Equity Interests so disposed of since the last Scheduled Redetermination Date exceeds $35,000,000.

More Definitions of Scheduled Redetermination Date

Scheduled Redetermination Date means the date on which a Borrowing Base that has been redetermined pursuant to a Scheduled Redetermination becomes effective as provided in Section 2.14. “Screen Rate” shall have the meaning assigned to such term in the definition of “LIBOR Rate.”

Scheduled Redetermination Date means the last Business Day of each September and March during the term of the Notes, commencing September 1999.

Scheduled Redetermination Date has the meaning assigned to such term in Section 2.08(d).

Scheduled Redetermination Date means the Colgate Merger Effective Date and thereafter April 1st and October 1st of each year, commencing April 1, 2023 (or such date promptly thereafter as reasonably practicable).

Scheduled Redetermination Date shall have the meaning assigned to that term in Section 2.08(d).

Scheduled Redetermination Date means the date on which a Borrowing Base (and, if applicable, a Development Borrowing Base and/or Basin BB Amount) that has been redetermined pursuant to a Scheduled Redetermination becomes effective as provided in Section 2.10(e).

Scheduled Redetermination Date means each Redetermination Date referred to in paragraphs (a) and (b) of the definition of “Redetermination Date”.