Well Services Borrowing Base

Example Definitions of "Well Services Borrowing Base"
Well Services Borrowing Base. At any time of determination, an amount equal to the product of 2.50 multiplied by the Well Services Income as the same may be adjusted from time to time in between Redetermination Dates pursuant to Section 2.07(f); provided that in no event shall the "Well Services Borrowing Base" exceed 15% of the Oil and Gas Reserve Borrowing Base.
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