Company: WBI
Filing Date: 2025-06-02
Form Type: DRS/A
Source: 0000950123-25-005943
Chunk: 338

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-06-02
Form: DRS/A
Chunk 338
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 to the Company’s leverage ratio. Interest on all outstanding Base Rate Loans shall be payable quarterly in arrears. Interest on all outstanding SOFR Loans shall be payable on the last business day of each interest period. The Company also pays a commitment fee to each lender quarterly in arrears on the daily unused amount of the commitment of such lender under the Revolving Credit Facility. The commitment fee is based on the Company’s leverage ratio then in effect. The applicable margin on the interest rate, the commitment fees and the letter of credit fees are determined based on the Company’s leverage ratio. The applicable margin ranges are:

| Term SOFR applicable margin |     | 2.75% - 3.75%   |
| Base Rate applicable margin |     | 1.75% - 2.75%   |
| Commitment fees             |     | 0.375% - 0.500% |
| Letter of credit fees       |     | 2.75% - 3.75%   |

<div align='center'>F-48

WaterBridge NDB Operating LLC and Subsidiaries

Notes to the Unaudited Condensed Consolidated Financial Statements</div>

The table below summarizes the amortization and write off of debt issuance costs, and interest expense associated with the Revolving Credit Facility, which are included in interest expense, net, on the consolidated statements of operations.

| Revolver                         |     | Three Months Ended March 31, 
 2025                         |      |   |     | 2024 |       |   |
|:---------------------------------|:----|:-----------------------------|-----:|:--|:----|:-----|------:|:--|
| Debt issuance costs amortization |     | $                            |  118 |   |     | $    |   404 |   |
| Commitment fees                  |     | $                            |   81 |   |     | $    |    37 |   |
| Interest expense                 |     | $                            |  719 |   |     | $    | 7,707 |   |
| Weighted average interest rate   |     |                              | 8.22 | % |     |      |  8.69 | % |

6. Member’s Equity Intermediate Holdings (the “sole member”) is the sole member of the Company and holds 100% of the limited liability company interests of the Company. The Company’s limited liability company interests are generally consistent