Exhibit 10.1

[EXECUTION COPY]

SECOND AMENDMENT TO CREDIT AGREEMENT

THIS SECOND AMENDMENT TO CREDIT AGREEMENT, dated as of February 7, 2020 (the
“Amendment”), among ALTUS MIDSTREAM LP, a Delaware limited partnership
(“Borrower”), the Lenders party hereto, Swingline Lender party hereto, Issuing
Banks party hereto, JPMORGAN CHASE BANK, N.A., as Administrative Agent (the
“Administrative Agent”), and the other Agents party hereto.

W I T N E S S E T H:

1.    Borrower, the Lenders (including the Swingline Lender), the Issuing Banks,
the Administrative Agent, and the other Agents party thereto are parties to that
certain Credit Agreement, dated as of November 9, 2018, as previously amended
(the “Credit Agreement”), pursuant to which the Lenders (including the Swingline
Lender) and the Issuing Banks agreed to make loans to and extensions of credit
on behalf of Borrower.

2.    Borrower has requested that the Credit Agreement be amended as provided
herein.

3.    Subject to the terms and conditions of this Amendment, the parties hereto
are willing to enter into this Amendment.

NOW, THEREFORE, in consideration of the premises and the mutual agreements
herein contained and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto agree as
follows:

SECTION 1.    Defined Terms. All capitalized terms used but not otherwise
defined herein shall have the meanings given in the Credit Agreement, as amended
by this Amendment.

SECTION 2.    Amendment to Credit Agreement. The following amendment to the
Credit Agreement will become effective as of the Amendment Effective Date (as
hereinafter defined):

(a)    The definition of “Initial Period” contained in Section 1.1 of the Credit
Agreement is hereby amended in its entirety as follows:

“    “Initial Period” means the period of time commencing on the Effective Date
until the first Business Day after delivery to the Administrative Agent of an
item described in clause (a) or (b) below evidencing that Borrower has
annualized EBITDA for Borrower’s immediately preceding fiscal quarter greater
than or equal to $175,000,000; as evidenced by either (a) the most recent
financial statements delivered pursuant to Section 5.1 or (b) a certificate of
an Authorized Officer of the Borrower acceptable to the Administrative Agent;
provided, however, that Borrower agrees to provide, at the time of each
scheduled delivery of financial statements delivered pursuant to Section 5.1
covering the applicable fiscal quarter, evidence verifying such previously
certified calculations; and upon such delivery of an item described in clause
(a) or (b) above, the Initial Period shall end, and the post-Initial Period
shall begin, as of the last day of such immediately preceding fiscal quarter.”

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SECTION 3.    Effectiveness. This Amendment will become effective on the date of
the satisfaction of the following conditions precedent (such date, the
“Amendment Effective Date”):

(a)    The Administrative Agent shall have received counterparts hereof duly
executed by Borrower, the Administrative Agent, the Swingline Lender, the
Issuing Banks and the Lenders.

(b)    The representations and warranties contained herein and in all other Loan
Documents, as amended hereby, shall be true and correct in all material respects
(except that such materiality qualifier shall not be applicable to any
representations and warranties that already are qualified or modified by
materiality in the text thereof) as of the date hereof as if made on the date
hereof.

(c)    No Event of Default, or event which with the giving of notice or passage
of time or both would constitute an Event of Default, shall have occurred and be
continuing.

(d)    Borrower shall have paid to the Administrative Agent and any other Agent
or Lender all fees, costs and expenses agreed in writing and payable in
connection with this Amendment becoming effective on the Amendment Effective
Date.

SECTION 4.    Reaffirmation of Representations and Warranties. To induce the
Lenders, the Swingline Lender, the Issuing Banks and the Administrative Agent to
enter into this Amendment, Borrower hereby reaffirms, as of the date hereof, the
following:

(i)    The representations and warranties of Borrower set forth in the Credit
Agreement, as amended hereby, are true and correct on and as of the date hereof
(unless stated to relate solely to an earlier date, in which case such
representations and warranties shall be true and correct as of such earlier
date).

(ii)    Each of Borrower and its Subsidiaries is duly organized, validly
existing and in good standing under the laws of the jurisdiction of their
organization and has all requisite authority, permits and approvals, and is in
good standing to conduct its business in each jurisdiction in which its business
is conducted where the failure to so qualify would have a Material Adverse
Effect.

(iii)    The execution, delivery and performance by Borrower of this Amendment
and each other Loan Document executed or to be executed by it, are within
Borrower’s partnership powers and have been duly authorized by all necessary
partnership action on behalf of it.

(iv)     This Amendment, the Credit Agreement, as amended hereby, and each other
Loan Document executed or to be executed by it has been duly executed and
delivered by Borrower and constitutes a legal, valid and binding obligation of
Borrower enforceable in accordance with their respective terms subject as to
enforcement only to bankruptcy, insolvency, reorganization, moratorium or other
similar laws affecting the enforcement of creditor rights generally and to
general principles of equity.

 

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(v)    The execution, delivery and performance by Borrower of this Amendment and
each other Loan Document executed or to be executed by it, do not (a) contravene
Borrower’s certificate of formation or other organizational documents, as the
case may be, (b) contravene any material contractual restriction, law or
governmental regulation or court decree or order binding on or affecting
Borrower or any Subsidiary, or (c) result in, or require the creation or
imposition of, any Lien, not permitted by Section 7.1 of the Credit Agreement,
on any of Borrower’s or any Subsidiary’s properties.

(vi)    No Default under the Loan Documents has occurred and is continuing and
Borrower is in compliance with the financial covenant set forth in Section 6.2
of the Credit Agreement.

SECTION 5.    Reaffirmation of Credit Agreement. This Amendment shall be deemed
to be an amendment to the Credit Agreement, and the Credit Agreement, as amended
hereby, is hereby ratified, approved and confirmed in each and every respect and
shall continue in full force and effect. All references to the Credit Agreement
herein and in any other document, instrument, agreement or writing shall
hereafter be deemed to refer to the Credit Agreement as amended hereby.

SECTION 6.    Governing Law. THIS AMENDMENT SHALL BE CONSTRUED IN ACCORDANCE
WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK.

SECTION 7.    Severability of Provisions. Any provision of this Amendment held
to be invalid, illegal or unenforceable in any jurisdiction shall, as to such
jurisdiction, be ineffective to the extent of such invalidity, illegality or
unenforceability without affecting the validity, legality and enforceability of
the remaining provisions hereof; and the invalidity of a particular provision in
a particular jurisdiction shall not invalidate such provision in any other
jurisdiction.

SECTION 8.    Counterparts. This Amendment may be executed in counterparts (and
by different parties hereto on different counterparts), each of which shall
constitute an original, but all of which when taken together shall constitute a
single contract.

SECTION 9.    Headings. Article and section headings used herein are for
convenience of reference only, are not part of this Amendment and shall not
affect the construction of, or be taken into consideration in interpreting, this
Amendment.

SECTION 10.    Successors and Assigns. The provisions of this Amendment shall be
binding upon and inure to the benefit of the parties hereto and their respective
successors and assigns permitted under the terms of the Credit Agreement.

SECTION 11.    No Oral Agreements. THIS AMENDMENT, THE CREDIT AGREEMENT, AS
AMENDED HEREBY, AND THE OTHER LOAN DOCUMENTS REPRESENT THE FINAL AGREEMENT
BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR,
CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES.

 

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THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES.

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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly
executed by their respective authorized officers as of the day and year first
above written.

 

ALTUS MIDSTREAM LP, a Delaware limited partnership By:   Altus Midstream GP LLC,
its general partner   By:  

/s/ Ben C. Rodgers

  Name:   Ben C. Rodgers   Title:   Chief Financial Officer and Treasurer

 

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JPMORGAN CHASE BANK, N.A., as Administrative Agent, as an Issuing Bank, as a
Swingline Lender and as a Lender By:  

/s/ Arina Mavilian

Name:   Arina Mavilian Title:   Authorized Signatory

 

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WELLS FARGO BANK, NATIONAL ASSOCIATION, as Syndication Agent, as an Issuing Bank
and as a Lender By:  

/s/ Brandon Dunn

Name:   Brandon Dunn Title:   Director

 

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CITIBANK, N.A., as a Co-Documentation Agent and as a Lender By:  

/s/ Todd J. Mogil

Name:   Todd J. Mogil Title:   Vice President

 

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BANK OF AMERICA, N.A., as a Co-Documentation Agent and as a Lender By:  

/s/ Alia Qaddumi

Name:   Alia Qaddumi Title:   Director

 

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THE TORONTO-DOMINION BANK, NEW YORK BRANCH, as a Co-Documentation Agent and as a
Lender By:  

/s/ Michael Borowiecki

Name:   Michael Borowiecki Title:   Authorized Signatory

 

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MUFG BANK, LTD., as a Co-Documentation Agent and as a Lender By:  

/s/ Todd Vaubel

Name:   Todd Vaubel Title:   Director

 

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THE BANK OF NOVA SCOTIA, HOUSTON BRANCH, as a Co-Documentation Agent and as a
Lender By:  

/s/ Scott Nickel

Name:   Scott Nickel Title:   Director

 

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BARCLAYS BANK PLC, as a Lender By:  

/s/ Sydney G. Dennis

Name:   Sydney G. Dennis Title:   Director

 

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BANK OF MONTREAL, as a Lender By:  

/s/ James V. Ducote

Name:   James V. Ducote Title:   Managing Director

 

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TRUIST BANK, formerly known as Branch Banking and Trust Company, as a Lender By:
 

/s/ Lincoln LaCour

Name:   Lincoln LaCour Title:   Vice President

 

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CAPITAL ONE, NATIONAL ASSOCIATION, as a Lender By:  

/s/ Matthew Brice

Name:   Matthew Brice Title:   Vice President

 

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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/ Bastien Dayer

Name:   Bastien Dayer Title:   Authorized Signatory

 

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GOLDMAN SACHS BANK USA, as a Lender By:  

/s/ Jamie Minieri

Name:   Jamie Minieri Title:   Authorized Signatory

 

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HSBC BANK USA, NATIONAL ASSOCIATION, as a Lender By:  

/s/ Balaji Rajgopal

Name:   Balaji Rajgopal Title:   Director - GB

 

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MIZUHO BANK, LTD., as a Lender By:  

/s/ Ed Sacks

Name:   Ed Sacks Title:   Authorized Signatory

 

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ROYAL BANK OF CANADA, as a Lender

By:

 

/s/ Katy Berkemeyer

Name:

 

Katy Berkemeyer

Title:

 

Authorized Signatory

 

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SOCIÉTÉ GÉNÉRALE, as a Lender By:  

/s/ Diego Medina

Name:   Diego Medina Title:   Director

 

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TRUIST BANK, as successor by merger to SunTrust Bank, as a Lender

By:

 

/s/ Lincoln LaCour

Name:

  Lincoln LaCour

Title:

  Vice President

 

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