Exhibit 10.1

SIXTH AMENDMENT

TO

AMENDED AND RESTATED SENIOR SECURED REVOLVING CREDIT AGREEMENT

DATED AS OF NOVEMBER 6, 2020

AMONG

VIPER ENERGY PARTNERS LLC,
AS BORROWER,

VIPER ENERGY PARTNERS LP,
AS PARENT GUARANTOR,

WELLS FARGO BANK, NATIONAL ASSOCIATION,
AS ADMINISTRATIVE AGENT,

AND

THE LENDERS PARTY HERETO

WELLS FARGO SECURITIES, LLC,
AS SOLE BOOK RUNNER AND SOLE LEAD ARRANGER

CANADIAN IMPERIAL BANK OF COMMERCE, NEW YORK BRANCH AND
PNC BANK, NATIONAL ASSOCIATION,
AS CO-SYNDICATION AGENTS

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This SIXTH AMENDMENT TO AMENDED AND RESTATED SENIOR SECURED REVOLVING CREDIT
AGREEMENT (this “Amendment”) dated as of November 6, 2020, is among: VIPER
ENERGY PARTNERS LLC, a Delaware limited liability company (the “Borrower”);
VIPER ENERGY PARTNERS LP, a Delaware limited partnership (the “Parent
Guarantor”); each of the Lenders, as such term is defined in the Credit
Agreement referred to below, party hereto; and WELLS FARGO BANK, NATIONAL
ASSOCIATION, as administrative agent for the Lenders (in such capacity, together
with its successors in such capacity, the “Administrative Agent”).
R E C I T A L S
A.    The Borrower, the Administrative Agent and the Lenders are parties to that
certain Amended and Restated Senior Secured Revolving Credit Agreement, dated as
of July 20, 2018 (as amended and supplemented prior to the date hereof, the
“Credit Agreement”), pursuant to which the Lenders have made certain credit
available to and on behalf of the Borrower.
B.    The parties hereto desire to enter into this Amendment to, among other
things, (1) evidence the reaffirmation by the Required Lenders of the Borrowing
Base at $580,000,000 in respect to the November 1, 2020 Scheduled
Redetermination as set forth in Section 3 hereof, effective as of the Amendment
Effective Date (as defined below), and (2) amend the Credit Agreement as set
forth in Section 2 hereof, effective as of the Amendment Effective Date.
C.    Now, therefore, to induce the Administrative Agent and the Lenders to
enter into this Amendment and in consideration of the premises and the mutual
covenants herein contained, for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto agree as
follows:
Section 1.    Defined Terms Each capitalized term used herein but not otherwise
defined herein has the meaning given such term in the Credit Agreement, as
amended by this Amendment. Unless otherwise indicated, all section references in
this Amendment refer to sections of the Credit Agreement.
Section 2.    Amendments to Credit Agreement. In reliance on the
representations, warranties, covenants and agreements contained in this
Amendment, and subject to the satisfaction of the conditions precedent set forth
in Section 4 hereof, the Credit Agreement is hereby amended as follows:
2.1    Amendments to Section 1.02 of the Credit Agreement.
(a)    The following definitions are hereby amended and restated in their
entirety to read as follows:
“Bail-In Action” means the exercise of any Write-Down and Conversion Powers by
the applicable Resolution Authority in respect of any liability of an Affected
Financial Institution.

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“Bail-In Legislation” means (a) with respect to any EEA Member Country
implementing Article 55 of Directive 2014/59/EU of the European Parliament and
of the Council of the European Union, the implementing law, regulation, rule or
requirement for such EEA Member Country from time to time which is described in
the EU Bail-In Legislation Schedule and (b) with respect to the United Kingdom,
Part I of the United Kingdom Banking Act 2009 (as amended from time to time) and
any other law, regulation or rule applicable in the United Kingdom relating to
the resolution of unsound or failing banks, investment firms or other financial
institutions or their affiliates (other than through liquidation, administration
or other insolvency proceedings).

“EU Bail-In Legislation Schedule” means the EU Bail-In Legislation Schedule
published by the Loan Market Association (or any successor person), as in effect
from time to time.
“Loan Documents” means this Agreement, the First Amendment, the Second
Amendment, the Third Amendment, the Fourth Amendment, the Fifth Amendment, the
Sixth Amendment, the Notes, the Letter of Credit Agreements, the Letters of
Credit and the Security Instruments and certain Existing Loan Documents as
provided in Section 2.02(e).
“Write-Down and Conversion Powers” means, (a) with respect to any EEA Resolution
Authority, the write-down and conversion powers of such EEA Resolution Authority
from time to time under the Bail-In Legislation for the applicable EEA Member
Country, which write-down and conversion powers are described in the EU Bail-In
Legislation Schedule, and (b) with respect to the United Kingdom, any powers of
the applicable Resolution Authority under the Bail-In Legislation to cancel,
reduce, modify or change the form of a liability of any UK Financial Institution
or any contract or instrument under which that liability arises, to convert all
or part of that liability into shares, securities or obligations of that person
or any other person, to provide that any such contract or instrument is to have
effect as if a right had been exercised under it or to suspend any obligation in
respect of that liability or any of the powers under that Bail-In Legislation
that are related to or ancillary to any of those powers.
(b)    The following definitions are hereby added where alphabetically
appropriate to read as follows:
“Affected Financial Institution” means (a) any EEA Financial Institution or (b)
any UK Financial Institution.
“Resolution Authority” means an EEA Resolution Authority or, with respect to any
UK Financial Institution, a UK Resolution Authority.
“Sixth Amendment” means that certain Sixth Amendment to Amended and Restated
Senior Secured Revolving Credit Agreement, dated as of the Sixth
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Amendment Effective Date, by and among the Borrower, the Parent Guarantor, the
Administrative Agent, and the Lenders party thereto.
“Sixth Amendment Effective Date” means November 6, 2020.
“UK Financial Institution” means any BRRD Undertaking (as such term is defined
under the PRA Rulebook (as amended form time to time) promulgated by the United
Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6
of the FCA Handbook (as amended from time to time) promulgated by the United
Kingdom Financial Conduct Authority, which includes certain credit institutions
and investment firms, and certain affiliates of such credit institutions or
investment firms.
“UK Resolution Authority” means the Bank of England or any other public
administrative authority having responsibility for the resolution of any UK
Financial Institution.
2.2    Amendment to Section 9.04(a) of the Credit Agreement. Section 9.04(a) of
the Credit Agreement is hereby amended and restated in its entirety to read in
full as follows:
(a)    Restricted Payments. The Parent Guarantor and the Borrower will not, and
will not permit any of the Restricted Subsidiaries to, declare or make directly
or indirectly, any Restricted Payment, return any capital to its holders of
Equity Interests or make any distribution of its Property to its Equity Interest
holders without the prior approval of the Majority Lenders, except that:

(i) the Parent Guarantor and the Borrower may pay dividends and distributions to
their Equity Holders; provided, that (A) such dividend or distribution is paid
within 65 days after the date of declaration thereof and (B) as of the date of
such declaration, if such dividend or distribution had been paid as of such date
of declaration, both prior to and immediately after giving pro forma effect to
such payment (including any Borrowings made in connection with any such
dividends and/or distributions), (1) the Borrower would have undrawn
availability under the then effective Borrowing Base equal to or greater than
10% of the then effective Borrowing Base and (2) no Default or Event of Default
would have existed;

(ii) the Parent Guarantor, the Borrower and the Restricted Subsidiaries may each
declare and pay dividends or distributions with respect to its Equity Interests
payable solely in additional Equity Interests (other than Disqualified Capital
Stock);

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(iii) (A) any Restricted Subsidiary of the Borrower may make Restricted Payments
to the Borrower or a Restricted Subsidiary, and (B) the Borrower may make
Restricted Payments to the Parent Guarantor;

(iv) the Parent Guarantor, the Borrower and the Restricted Subsidiaries may make
Restricted Payments pursuant to and in accordance with stock option plans or
other benefit plans for management, employees, directors and consultants of the
Parent Guarantor, the Borrower and its Subsidiaries;

(v) the Parent Guarantor and the Borrower may declare and pay dividends or
distributions consisting of Equity Interests in Unrestricted Subsidiaries; and

(vi) during the period commencing on the Sixth Amendment Effective Date and
ending on December 31, 2021, the Parent Guarantor may make Restricted Payments
other than dividends and distributions; provided that both prior to and after
giving pro forma effect thereto (including any Borrowings made in connection
with any such Restricted Payments), (A) no Default or Event of Default has
occurred and is continuing, (B) the aggregate amount of Restricted Payments made
under this clause (vi) during the period between the Sixth Amendment Effective
Date and December 31, 2021 shall not exceed $100,000,000, (C) the ratio of Total
Debt to EBITDAX does not exceed (x) during the period between the Sixth
Amendment Effective Date and the date on which financial statements have been,
or are required to have been, delivered pursuant to Section 8.01(b) with respect
to the fiscal quarter ending June 30, 2021, 3.50 to 1.00 and (y) at all times
thereafter, 3.00 to 1.00, (D) the aggregate amount of Restricted Payments made
under this clause (vi) at a time when the ratio of Total Debt to EBITDAX exceeds
3.00 to 1.00 shall not exceed $50,000,000 (which amounts under this sub-clause
(D), for the avoidance of doubt, shall also be counted against the aggregate
$100,000,000 cap set forth in sub-clause (B) above), and (E) the Borrower would
have undrawn availability under the then effective Borrowing Base equal to or
greater than 75% of the then effective Borrowing Base. For all purposes under
this clause (vi), the ratio of Total Debt to EBITDAX shall be calculated based
on (1) Total Debt as of any date of calculation and (2) EBITDAX for the
Borrower’s most recently ended four full fiscal quarters for which financial
statements have been delivered pursuant to Section 8.01(a) or (b), as
applicable, after giving pro forma effect to such Restricted Payments and any
Borrowings made in connection with such Restricted Payments, and otherwise in
accordance with Section 9.01(a).
2.3    Amendment to Section 12.19. Section 12.19 of the Credit Agreement is
hereby amended and restated in its entirety to read as follows:
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Section 12.19    Acknowledgement and Consent to Bail-In of Affected Financial
Institutions. Notwithstanding anything to the contrary in any Loan Document or
in any other agreement, arrangement or understanding among any such parties,
each party hereto acknowledges that any liability of any Affected Financial
Institution arising under any Loan Document, to the extent such liability is
unsecured, may be subject to the write-down and conversion powers of the
applicable Resolution Authority and agrees and consents to, and acknowledges and
agrees to be bound by:
(a)    the application of any Write-Down and Conversion Powers by the applicable
Resolution Authority to any such liabilities arising hereunder which may be
payable to it by any party hereto that is an Affected Financial Institution; and
(b)    the effects of any Bail-in Action on any such liability, including, if
applicable:
(i)    a reduction in full or in part or cancellation of any such liability;
(ii)    a conversion of all, or a portion of, such liability into shares or
other instruments of ownership in such Affected Financial Institution, its
parent undertaking, or a bridge institution that may be issued to it or
otherwise conferred on it, and that such shares or other instruments of
ownership will be accepted by it in lieu of any rights with respect to any such
liability under this Agreement or any other Loan Document; or
(iii)    the variation of the terms of such liability in connection with the
exercise of the write-down and conversion powers of the applicable Resolution
Authority.
Section 3.    Borrowing Base Reaffirmation. In reliance on the covenants and
agreements contained in this Amendment, and subject to the satisfaction of the
conditions precedent set forth in Section 4 hereof, the Administrative Agent and
the Required Lenders hereby agree that the Borrowing Base is hereby reaffirmed
at $580,000,000, and the Borrowing Base shall remain at $580,000,000 until the
next Scheduled Redetermination, Interim Redetermination, or other
redetermination or adjustment of the Borrowing Base thereafter, whichever occurs
first pursuant to the terms of the Credit Agreement. The Borrower, the
Administrative Agent and the Lenders hereby agree that the redetermination of
the Borrowing Base provided for in this Section 3 shall constitute the Scheduled
Redetermination scheduled for November 1, 2020 for purposes of Section 2.07(b)
of the Credit Agreement. This Section 3 constitutes a New Borrowing Base Notice
received by the Borrower in accordance with Section 2.07(d) of the Credit
Agreement. The new Borrowing Base determined pursuant to this Section 3 shall be
effective as of the Amendment Effective Date, notwithstanding the effective date
that would otherwise be applicable to a redetermination pursuant to Section
2.07(d) of the Credit Agreement.
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Section 4.    Conditions Precedent to Amendment Effective Date. Sections 2 and 3
of this Amendment shall become effective on the date (such date, the “Amendment
Effective Date”), when each of the following conditions is satisfied (or waived
in accordance with Section 12.02 of the Credit Agreement):
4.1    The Administrative Agent shall have received from Lenders constituting
Required Lenders, the Parent Guarantor, and the Borrower, counterparts (in such
number as may be requested by the Administrative Agent) of this Amendment signed
on behalf of such Person.
4.2    The Administrative Agent and the Lenders shall have received all fees and
other amounts due and payable on or prior to the date hereof, including, to the
extent invoiced, reimbursement or payment of all documented out-of-pocket
expenses required to be reimbursed or paid by the Borrower under the Credit
Agreement.
4.3    No Default shall have occurred and be continuing as of the date hereof,
after giving effect to the terms of this Amendment.
The Administrative Agent is hereby authorized and directed to declare the
Amendment Effective Date to have occurred when it has received documents
confirming or certifying, to the satisfaction of the Administrative Agent,
compliance with the conditions set forth in this Section 4 or the waiver of such
conditions as permitted in Section 12.02 of the Credit Agreement. Such
declaration shall be final, conclusive and binding upon all parties to the
Credit Agreement for all purposes.
Section 5.    Miscellaneous.
5.1    Confirmation. The provisions of the Credit Agreement, as amended by this
Amendment, shall remain in full force and effect following the effectiveness of
this Amendment.
5.2    Ratification and Affirmation; Representations and Warranties. Each of the
Parent Guarantor and the Borrower hereby (a) ratifies and affirms its
obligations under, and acknowledges its continued liability under, each Loan
Document to which it is a party and agrees that each Loan Document to which it
is a party remains in full force and effect as expressly amended hereby and (b)
represents and warrants to the Lenders that as of the date hereof, after giving
effect to the terms of this Amendment:
(i)    all of the representations and warranties contained in each Loan Document
to which it is a party are true and correct in all material respects (or, if
already qualified by materiality, Material Adverse Effect or a similar
qualification, true and correct in all respects), except to the extent any such
representations and warranties are expressly limited to an earlier date, in
which case such representations and warranties shall be true and correct in all
material respects (or, if already qualified by materiality, Material Adverse
Effect or a similar qualification, true and correct in all respects) as of such
specified earlier date; and
(ii)    no Default or Event of Default has occurred and is continuing.
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5.3    Counterparts. This Amendment may be executed by one or more of the
parties hereto in any number of separate counterparts, and all of such
counterparts taken together shall be deemed to constitute one and the same
instrument. Delivery of this Amendment by facsimile or electronic transmission
shall be effective as delivery of a manually executed counterpart hereof.
5.4    NO ORAL AGREEMENT. THIS AMENDMENT, THE CREDIT AGREEMENT AND THE OTHER
LOAN DOCUMENTS EXECUTED IN CONNECTION HEREWITH AND THEREWITH REPRESENT THE FINAL
AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR,
CONTEMPORANEOUS, OR SUBSEQUENT UNWRITTEN ORAL AGREEMENTS OF THE PARTIES. THERE
ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES.
5.5    GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF TEXAS.
5.6    Payment of Expenses. To the extent required pursuant to Section 12.03 of
the Credit Agreement, the Borrower agrees to pay or reimburse the Administrative
Agent for all of its reasonable out-of-pocket expenses incurred in connection
with this Amendment, any other documents prepared in connection herewith and the
transactions contemplated hereby, including, without limitation, the reasonable
fees, charges and disbursements of counsel to the Administrative Agent.
5.7    Severability. Any provision of this Amendment that is prohibited or
unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective
to the extent of such prohibition or unenforceability without invalidating the
remaining provisions hereof, and any such prohibition or unenforceability in any
jurisdiction shall not invalidate or render unenforceable such provision in any
other jurisdiction.
5.8    Successors and Assigns. This Amendment shall be binding upon and inure to
the benefit of the parties hereto and their respective successors and assigns.
5.9    Loan Document. This Amendment is a Loan Document.
[SIGNATURES BEGIN NEXT PAGE]

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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly
executed as of the date first written above.

VIPER ENERGY PARTNERS LLC, as Borrower
By:    /s/ Teresa L. Dick    
Name: Teresa L. DickTitle: Executive Vice President, Chief Financial Officer and
Assistant Secretary

VIPER ENERGY PARTNERS LP, as Parent Guarantor

By: Viper Energy Partners GP LLC, its general partner
By:    /s/ Teresa L. Dick    
Name: Teresa L. DickTitle: Executive Vice President, Chief Financial Officer and
Assistant Secretary

SIGNATURE PAGE
SIXTH AMENDMENT TO CREDIT AGREEMENT

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WELLS FARGO BANK, NATIONAL ASSOCIATION,
as Administrative Agent and a Lender
By:
/s/ Michael Real    
Name: Michael Real
Title: Director

SIGNATURE PAGE
SIXTH AMENDMENT TO CREDIT AGREEMENT

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CANADIAN IMPERIAL BANK OF COMMERCE, NEW YORK BRANCH, as a Lender
By:
/s/ Donovan C. Broussard        
Name: Donovan C. Broussard
Title: Authorized Signatory
By:
/s/ Jacob W. Lewis            
Name: Jacob W. Lewis
Title: Authorized Signatory

    

SIGNATURE PAGE
SIXTH AMENDMENT TO CREDIT AGREEMENT

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PNC BANK, NATIONAL ASSOCIATION,
as a Lender
By:
/s/ John Engel            
Name: John Engel
Title: Vice President

    

SIGNATURE PAGE
SIXTH AMENDMENT TO CREDIT AGREEMENT

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BBVA USA,
as a Lender
By:
/s/ Gabriela Azcarate            
Name: Gabriela Azcarate
Title: Senior Vice President

    
    

SIGNATURE PAGE
SIXTH AMENDMENT TO CREDIT AGREEMENT

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COMERICA BANK,
as a Lender
By:
/s/ Cassandra M. Lucas        
Name: Cassandra M. Lucas
Title: Portfolio Manager

    
    

SIGNATURE PAGE
SIXTH AMENDMENT TO CREDIT AGREEMENT

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BOKF, NA, dba BANK OF OKLAHOMA,
as a Lender
By:
/s/ John Krenger            
Name: John Krenger
Title: Vice President

    
    

SIGNATURE PAGE
SIXTH AMENDMENT TO CREDIT AGREEMENT

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CAPITAL ONE, NATIONAL ASSOCIATION,
as a Lender
By:
/s/ Christopher Kuna            
Name: Christopher Kuna
Title: Senior Director

    
    

SIGNATURE PAGE
SIXTH AMENDMENT TO CREDIT AGREEMENT

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CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as a Lender
By:
/s/ Nupur Kumar            
Name: Nupur Kumar
Title: Authorized Signatory
By:
/s/ Andrew Griffin             
Name: Andrew Griffin
Title: Authorized Signatory

    
    

    
    

SIGNATURE PAGE
SIXTH AMENDMENT TO CREDIT AGREEMENT

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THE BANK OF NOVA SCOTIA, HOUSTON BRANCH, as a Lender
By:
/s/ Scott Nickel            
Name: Scott Nickel
Title: Director

    
    
SIGNATURE PAGE
SIXTH AMENDMENT TO CREDIT AGREEMENT

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JPMORGAN CHASE BANK, N.A.,
as a Lender
By:
/s/ Michael A. Kamauf            
Name: Michael A. Kamauf
Title: Authorized Officer

    
    
SIGNATURE PAGE
SIXTH AMENDMENT TO CREDIT AGREEMENT

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CITIBANK, N.A.,
as a Lender
By:
/s/ Jeff Ard                
Name: Jeff Ard
Title: Vice President

    
    
SIGNATURE PAGE
SIXTH AMENDMENT TO CREDIT AGREEMENT

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BANK OF AMERICA, N.A.,
as a Lender
By:
/s/ Ronald E. McKaig                
Name: Ronald E. McKaig
Title: Managing Director

    
    

SIGNATURE PAGE
SIXTH AMENDMENT TO CREDIT AGREEMENT

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TRUIST BANK (formerly known as Branch Banking and Trust Company and SunTrust
Bank),
as a Lender
By:
/s/ Samantha Sanford                
Name: Samantha Sanford
Title: Vice President

    
    

SIGNATURE PAGE
SIXTH AMENDMENT TO CREDIT AGREEMENT

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GOLDMAN SACHS BANK USA,
as a Lender
By:
/s/ Mahesh Mohan            
Name: Mahesh Mohan
Title: Authorized Signatory

    
    
SIGNATURE PAGE
SIXTH AMENDMENT TO CREDIT AGREEMENT