FIRST AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENTCredit Agreement • September 26th, 2023 • Sitio Royalties Corp. • Crude petroleum & natural gas • New York
This First Amendment to Third Amended and Restated Credit Agreement (this “First Amendment”) dated as of September 22, 2023 (the “First Amendment Effective Date”), is among Sitio Royalties Operating Partnership, LP, a Delaware limited partnership (the “Borrower”), each of the undersigned guarantors (collectively, the “Guarantors” and together with the Borrower, the “Loan Parties”), each of the Lenders (as defined below) party hereto and JPMorgan Chase Bank, N.A., as the Administrative Agent and as the Issuing Bank (as each such term is defined in the Existing Credit Agreement referred to below).
Amendment to Our Revolving Credit FacilityRevolving Credit Facility • September 26th, 2023 • Sitio Royalties Corp. • Crude petroleum & natural gas
On September 22, 2023, we entered into the first amendment (the “First Amendment”) to the Third Amended and Restated Credit Agreement (as amended, restated, supplemented or otherwise modified from time to time, the “Sitio Revolving Credit Facility”). The First Amendment, amongst other things, (i) increases our borrowing base and lender commitment to $850.0 million and (ii) provides for the issuance of the notes in the announced offering without resulting in a borrowing base reduction.
