Company: WBI
Filing Date: 2025-09-29
Form Type: 8-K
Source: 0001193125-25-221810
Chunk: 1

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-09-29
Form: 8-K
Item: Item 1.01
Chunk 1
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5.25:1.00 upon the consummation of a material acquisition); and (c) a consolidated net senior secured leverage ratio of not more than 3.50:1.00. The Credit Agreement also contains customary events of defaults. The occurrence and continuation of an event of default would permit the Lenders to terminate their commitments to advance loans under the Credit Agreement, to require immediate repayment of any outstanding loans, including interest accrued, and all other obligations and amounts owed under the Credit Agreement and to require the outstanding letters of credit to be cash collateralized pursuant to and in accordance with the terms of the Credit Agreement.

Proceeds from borrowings under the Credit Agreement are available to be used for working capital and general corporate purposes. The maturity date of the Credit Agreement is the earliest to occur of (i) September 26, 2030, (ii) the date that is ninety-one (91) days prior to the earliest stated maturity of any loans under either Term Credit Agreement (as defined in the Credit Agreement), if, on such date, the outstanding principal amount of the loans exceeds $50.0 million, and (iii) the date that is ninety-one (91) days prior to the stated maturity of the Permitted 2025 Notes (as defined in the Credit Agreement), if, on such date, the outstanding principal amount of the Permitted 2025 Notes exceeds $50.0 million. On the applicable maturity date, the outstanding amount of loans and all other obligations under the Credit Agreement, if any, must be repaid in full.

The foregoing description of the Credit Agreement is qualified in its entirety by reference to the text of the Credit Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference into this Item 1.01.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.