Common use of The Credits Clause in Contracts

The Credits. Section 2.01 Commitments 23 Section 2.02 Loans and Borrowings 23 Section 2.03 Requests for Borrowings 25 Section 2.04 Interest Elections 26 Section 2.05 Funding of Borrowings 27 Section 2.06 Termination, Reduction and Increase of Aggregate Commitments 28 Section 2.07 Letters of Credit 30

Appears in 2 contracts

Samples: Senior Secured Credit Agreement (Exterran Partners, L.P.), Senior Secured Credit Agreement (Universal Compression Partners, L.P.)

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The Credits. Section 2.01 Commitments 23 21 Section 2.02 Loans and Borrowings 23 21 Section 2.03 Requests for Borrowings 25 22 Section 2.04 Interest Elections 26 23 Section 2.05 Funding of Borrowings 27 24 Section 2.06 Termination, Termination and Reduction and Increase of Aggregate Commitments 28 Maximum Credit Amounts 25 Section 2.07 Borrowing Base 25 Section 2.08 Letters of Credit 3027

Appears in 2 contracts

Samples: Credit Agreement (Santa Maria Energy Corp), Credit Agreement (Santa Maria Energy Corp)

The Credits. Section 2.01 Commitments 23 21 Section 2.02 Loans and Borrowings 23 21 Section 2.03 Requests for Borrowings 25 23 Section 2.04 Interest Elections 26 24 Section 2.05 Funding of Borrowings 27 25 Section 2.06 Termination, Termination and Reduction and Increase of Aggregate Commitments 28 Maximum Credit Amounts 25 Section 2.07 Borrowing Base 26 Section 2.08 Letters of Credit 3029

Appears in 1 contract

Samples: Credit Agreement (Linn Energy, LLC)

The Credits. Section 2.01 Commitments 23 27 Section 2.02 Loans and Borrowings 23 28 Section 2.03 Requests for Borrowings 25 29 Section 2.04 Interest Elections 26 30 Section 2.05 Funding of Borrowings 27 31 Section 2.06 Termination, Reduction and Increase of Changes in the Aggregate Commitments 28 Maximum Credit Amounts 32 Section 2.07 Borrowing Base and Conforming Borrowing Base 34 Section 2.08 Letters of Credit 3038 Section 2.09 Reliance on Notices; Appointment of Borrower Representative 42

Appears in 1 contract

Samples: Credit Agreement (Chaparral Energy, Inc.)

The Credits. Section 2.01 Commitments 23 28 Section 2.02 Loans and Borrowings 23 28 Section 2.03 Requests for Borrowings 25 29 Section 2.04 Interest Elections 26 30 Section 2.05 Funding of Borrowings 27 31 Section 2.06 Termination, Reduction and Increase of Aggregate Commitments 28 Maximum Credit Amounts 32 Section 2.07 Borrowing Base 34 Section 2.08 Letters of Credit 3036 ARTICLE III

Appears in 1 contract

Samples: Credit Agreement (Cimarex Energy Co)

The Credits. Section 2.01 Commitments 23 20 Section 2.02 Loans and Borrowings 23 20 Section 2.03 Requests for Borrowings 25 21 Section 2.04 Interest Elections 26 22 Section 2.05 Funding of Borrowings 27 23 Section 2.06 Termination, Termination and Reduction and Increase of Aggregate Commitments 28 Maximum Credit Amounts 24 Section 2.07 Borrowing Base 24 Section 2.08 Letters of Credit 3026

Appears in 1 contract

Samples: Credit Agreement (Us Energy Corp)

The Credits. Section 2.01 Commitments 23 20 Section 2.02 Loans and Borrowings 23 20 Section 2.03 Requests for Borrowings 25 22 Section 2.04 Interest Elections 26 23 Section 2.05 Funding of Borrowings 27 24 Section 2.06 Termination, Termination and Reduction and Increase of Aggregate Commitments 28 Maximum Credit Amounts 24 Section 2.07 Borrowing Base 25 Section 2.08 Letters of Credit 3027

Appears in 1 contract

Samples: Credit Agreement (Linn Energy, LLC)

The Credits. Section 2.01 Commitments 23 22 Section 2.02 Loans and Borrowings 23 Section 2.03 Requests for Borrowings 25 Section 2.04 Interest Elections 26 25 Section 2.05 Funding of Borrowings 27 Section 2.06 Termination, Termination and Reduction and Increase of Aggregate Maximum Revolving Credit Amounts and Term Loan Commitments 27 Section 2.07 Borrowing Base 28 Section 2.07 2.08 Letters of Credit 3031

Appears in 1 contract

Samples: Credit Agreement (Whittier Energy Corp)

The Credits. Section 2.01 Commitments 23 22 Section 2.02 Loans and Borrowings 23 22 Section 2.03 Requests for Borrowings 25 23 Section 2.04 Interest Elections 26 24 Section 2.05 Funding of Borrowings 27 26 Section 2.06 Termination, Reduction and Increase of Aggregate Commitments 28 Maximum Credit Amounts 26 Section 2.07 Borrowing Base 29 Section 2.08 Letters of Credit 3031

Appears in 1 contract

Samples: Credit Agreement (EV Energy Partners, LP)

The Credits. Section 2.01 Commitments 23 40 Section 2.02 Loans and Borrowings 23 41 Section 2.03 Requests for Borrowings 25 42 Section 2.04 Interest Elections 26 [Reserved] 42 Section 2.05 Committed Amount 42 Section 2.06 Letters of Credit 45 Section 2.07 Funding of Borrowings 27 48 Section 2.06 Termination, Reduction and Increase of Aggregate Commitments 28 2.08 Interest Elections 49 Section 2.07 Letters of Credit 302.09

Appears in 1 contract

Samples: Credit Agreement

The Credits. Section 2.01 Commitments 23 27 Section 2.02 Loans and Borrowings 23 27 Section 2.03 Requests for Borrowings 25 28 Section 2.04 Interest Elections 26 29 Section 2.05 Funding of Borrowings 27 30 Section 2.06 Termination, Termination and Reduction and Increase of Aggregate Commitments 28 Maximum Credit Amounts 31 Section 2.07 Borrowing Base 32 Section 2.08 Letters of Credit 3034 Section 2.09 Defaulting Lenders 39

Appears in 1 contract

Samples: Credit Agreement (Memorial Production Partners LP)

The Credits. Section 2.01 Commitments 23 20 Section 2.02 Loans and Borrowings 23 20 Section 2.03 Requests for Borrowings 25 21 Section 2.04 Interest Elections 26 22 Section 2.05 Funding of Borrowings 27 23 Section 2.06 Termination, Termination and Reduction and Increase of Aggregate Commitments 28 Maximum Credit Amounts 24 Section 2.07 Borrowing Base 24 Section 2.08 Letters of Credit 3027

Appears in 1 contract

Samples: Credit Agreement (APEG Energy II, LP)

The Credits. Section 2.01 Commitments 23 27 Section 2.02 Loans and Borrowings 23 27 Section 2.03 Requests for Borrowings 25 28 Section 2.04 Interest Elections 26 29 Section 2.05 Funding of Borrowings 27 30 Section 2.06 Termination, Termination and Reduction and Increase of Aggregate Commitments 28 Maximum Credit Amounts 31 Section 2.07 Borrowing Base 32 Section 2.08 Letters of Credit 3035

Appears in 1 contract

Samples: Credit Agreement (Jones Energy, Inc.)

The Credits. Section 2.01 Commitments 23 21 Section 2.02 Loans and Borrowings 23 21 Section 2.03 Requests for Borrowings 25 23 Section 2.04 Interest Elections 26 24 Section 2.05 Funding of Borrowings 27 25 Section 2.06 Termination, Reduction and Increase of Aggregate Commitments Maximum Credit Amounts 26 Section 2.07 Borrowing Base 28 Section 2.07 2.08 Letters of Credit 30

Appears in 1 contract

Samples: Credit Agreement (Rex Energy Corp)

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The Credits. Section 2.01 Commitments 23 20 Section 2.02 Loans and Borrowings 23 20 Section 2.03 Requests for Borrowings 25 21 Section 2.04 Interest Elections 26 22 Section 2.05 Funding of Borrowings 27 23 Section 2.06 Termination, Reduction and Increase of Aggregate Commitments 28 Maximum Credit Amounts 24 Section 2.07 Borrowing Base 26 Section 2.08 Letters of Credit 3028

Appears in 1 contract

Samples: Credit Agreement (McMoran Exploration Co /De/)

The Credits. Section 2.01 Commitments 23 35 Section 2.02 Loans and Borrowings 23 35 Section 2.03 Requests for Borrowings 25 36 Section 2.04 Interest Elections 26 36 Section 2.05 Funding of Borrowings 27 38 Section 2.06 TerminationIncrease, Reduction and Increase Termination of Aggregate Commitments 28 Total Commitment 38 Section 2.07 Borrowing Base 41 Section 2.08 Letters of Credit 3044

Appears in 1 contract

Samples: Credit Agreement

The Credits. Section 2.01 2.01. Commitments 23 27 Section 2.02 2.02. Loans and Borrowings 23 27 Section 2.03 2.03. Requests for Revolving Borrowings 25 28 Section 2.04 Interest Elections 26 2.04. Reserved 29 Section 2.05 2.05. Funding of Borrowings 27 29 Section 2.06 Termination, Reduction and Increase of Aggregate Commitments 28 Section 2.07 Letters of Credit 302.06. Interest Elections 29

Appears in 1 contract

Samples: Credit Agreement (Delhaize America Inc)

The Credits. Section 2.01 Commitments 23 30 Section 2.02 Loans and Borrowings 23 30 Section 2.03 Requests for Borrowings 25 32 Section 2.04 Interest Elections 26 33 Section 2.05 Funding of Borrowings 27 34 Section 2.06 Termination, Reduction and Increase of Changes in the Aggregate Commitments 28 Maximum Credit Amounts 35 Section 2.07 Borrowing Base 37 Section 2.08 Letters of Credit 3040 Section 2.09 Reliance on Notices; Appointment of Borrower Representative 45

Appears in 1 contract

Samples: Credit Agreement (Chaparral Energy, Inc.)

The Credits. Section 2.01 Commitments 23 21 Section 2.02 Loans and Borrowings 23 21 Section 2.03 Requests for Borrowings 25 22 Section 2.04 Interest Elections 26 23 Section 2.05 Funding of Borrowings 27 24 Section 2.06 Termination, Termination and Reduction and Increase of Aggregate Commitments 28 Maximum Credit Amounts 24 Section 2.07 Borrowing Base 25 Section 2.08 Letters of Credit 3027 Section 2.09 Incremental Revolving Commitments 31

Appears in 1 contract

Samples: Credit Agreement (McMoran Exploration Co /De/)

The Credits. Section 2.01 Commitments 23 21 Section 2.02 Loans and Borrowings 23 21 Section 2.03 Requests for Borrowings 25 22 Section 2.04 Interest Elections 26 23 Section 2.05 Funding of Borrowings 27 24 Section 2.06 Termination, Termination and Reduction and Increase of Aggregate Commitments 28 Maximum Credit Amounts 25 Section 2.07 Borrowing Base 25 Section 2.08 Letters of Credit 3028 Section 2.09 Loans and Borrowings Under Existing Credit Agreement 32 ARTICLE III

Appears in 1 contract

Samples: Credit Agreement (Oasis Petroleum Inc.)

The Credits. Section 2.01 Commitments 23 55 Section 2.02 Loans and Borrowings 23 56 Section 2.03 Requests for Borrowings 25 57 Section 2.04 Interest Elections 26 [Reserved] 58 Section 2.05 Committed Amount 58 Section 2.06 Letters of Credit 60 Section 2.07 Funding of Borrowings 27 64 Section 2.06 Termination, 2.08 Interest Elections 64 Section 2.09 Termination and Reduction and Increase of Aggregate Commitments 28 Section 2.07 Letters of Credit 30Committed Amounts 66

Appears in 1 contract

Samples: Credit Agreement (Genesis Energy Lp)

The Credits. Section SECTION 2.01 The Commitments 23 Section 15 SECTION 2.02 Loans and Borrowings 23 Section 15 SECTION 2.03 Requests for Borrowings 25 Section 16 SECTION 2.04 Interest Elections 26 Section Letters of Credit 17 SECTION 2.05 Funding of Borrowings 27 Section 20 SECTION 2.06 Interest Elections 21 SECTION 2.07 Termination, Reduction and Increase of Aggregate the Commitments 28 Section 2.07 Letters of Credit 3022

Appears in 1 contract

Samples: Credit Agreement (Frontier Communications Corp)

The Credits. Section 2.01 Commitments 23 20 Section 2.02 Loans and Borrowings 23 21 Section 2.03 Requests for Borrowings 25 22 Section 2.04 Interest Elections 26 23 Section 2.05 Funding of Borrowings 27 24 Section 2.06 Termination, Termination and Reduction and Increase of Aggregate Commitments 28 Maximum Credit Amounts 25 Section 2.07 Borrowing Base 25 Section 2.08 Letters of Credit 3028 ARTICLE III

Appears in 1 contract

Samples: Credit Agreement (Jones Energy, Inc.)

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