Borrowing Base. For the period from and including the Fourth Amendment Effective Date to but excluding the next Scheduled Redetermination Date, the amount of the Borrowing Base shall be $400,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments prior to the next Scheduled Redetermination Date from time to time pursuant to [Section 2.07(e)], [Section 2.07(f)] or [Section 8.13(c)].

Borrowing Base Reduction. For the period from and including the Sixth Amendment Effective Date to but excluding the next Redetermination Date, the amount of the Borrowing Base shall be equal to $540,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time to the extent required by [Section 2.07(e)], [Section 2.07(f)] or [Section 8.12(c)].

Borrowing Base Decrease. Effective as of the Fourth Amendment Effective Date, the Borrowing Base is hereby decreased from $120,000,000 to $112,000,000. This redetermination of the Borrowing Base constitutes the Scheduled Redetermination of the Borrowing Base to be made on or about November 1, 2016 pursuant to [Section 2.07(b)] of the Credit Agreement. The Borrowing Base as decreased hereby will remain in effect until the next Scheduled Redetermination, unless otherwise adjusted pursuant to the provisions of [Section 2.07] of the Credit Agreement.

Section # Redetermination and Adjustment of Borrowing Base. Effective as of the Fourth Amendment Effective Date, the Borrowing Base shall be $310,000,000, subject to future redeterminations and adjustments as provided in the Credit Agreement. The Borrower and the Lenders further agree that this redetermination shall constitute the Scheduled Redetermination scheduled to occur on October 1, 2018.

As of the Fourth Amendment Effective Date, each of the Borrowing Base and Aggregate Elected Commitments shall be increased to $400,000,000. Such Borrowing Base and Aggregate Elected Commitments shall remain in effect until the next Scheduled Redetermination Date, the next Interim Redetermination Date or as otherwise adjusted in accordance with the Credit Agreement, after giving effect to this Amendment.