Conforming Borrowing Base

Conforming Borrowing Base. An amount equal to $150,000,000, which shall be in effect during the period commencing on the Seventh Amendment Effective Date and continuing until redetermined pursuant to Section 2.6. Upon the one-year anniversary of the Seventh Amendment Effective Date, the Conforming Borrowing Base shall no longer be in effect, pursuant to Section 2.6.

Conforming Borrowing Base. At any time an amount equal to the amount determined in accordance with Section 2.07, as the same may be adjusted from time to time pursuant to Section 2.07(e), Section 8.13(c) or Section 9.12(d).