Sixth Amendment Borrowing Base

Sixth Amendment Borrowing Base. For the period from and including the Sixth Amendment Effective Date to but excluding the first Redetermination Date to occur thereafter, the amount of the Borrowing Base shall be equal to $2,000,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to adjustments from time to time pursuant to the Borrowing Base Adjustment Provisions. For purposes of this Agreement the determination of the Borrowing Base on the Sixth Amendment Effective Date shall constitute the October 1,... 2023 Scheduled Redetermination. View More