Exhibit 10.1

SECOND AMENDMENT TO

CREDIT AGREEMENT
DATED AS OF
NOVEMBER 2, 2020

AMONG

RATTLER MIDSTREAM LP,
AS PARENT,
RATTLER MIDSTREAM OPERATING LLC,
AS BORROWER,

WELLS FARGO BANK, NATIONAL ASSOCIATION,
AS ADMINISTRATIVE AGENT,

THE LENDERS PARTY HERETO, AND
WELLS FARGO SECURITIES, LLC,
CREDIT SUISSE SECURITIES (USA) LLC,
JPMORGAN CHASE BANK, N.A., AND
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED,
AS JOINT LEAD ARRANGERS AND JOINT BOOKRUNNERS

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This SECOND AMENDMENT TO CREDIT AGREEMENT (this “Amendment”), dated as of
November 2, 2020, is among: Rattler Midstream LP, a Delaware limited partnership
(the “Parent”); Rattler Midstream Operating LLC, a Delaware limited liability
company (the “Borrower”); each of the undersigned guarantors (together with the
Parent, the “Guarantors”); 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 Parent, the Borrower, the Administrative Agent, and the Lenders are
parties to that certain Credit Agreement, dated as of May 28, 2019 (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 Borrower has requested and the Lenders signatory hereto have agreed to
amend certain provisions of the Credit Agreement as set forth herein.
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 3 hereof, the Credit Agreement is hereby amended, effective as of the
Amendment Effective Date (as defined below), as follows:
2.1    Amendments to Section 1.02.
(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.

“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
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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 Notes, the Letter of Credit Agreements, the Letters of Credit,
and the Security Instruments.

“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.
“Second Amendment” means that certain Second Amendment to Credit Agreement,
dated as of the Second Amendment Effective Date, by and among the Parent, the
Borrower, the other Guarantors party thereto, the Administrative Agent, and the
Lenders party thereto.
“Second Amendment Effective Date” means November 2, 2020.
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“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    Amendments to Section 9.04(a). Section 9.04(a) of the Credit Agreement is
hereby amended by (a) deleting the reference to “and” at the end of clause
(viii) therein, (b) replacing the reference to “.” with “; and” at the end of
clause (ix) therein and (c) adding a new clause (x) thereto immediately
following clause (ix) thereof to read as follows:

(x)    commencing on the Second Amendment Effective Date, (1) the Parent may
make Restricted Payments other than dividends and distributions in an aggregate
amount not to exceed $200,000,000; provided that both prior to and after giving
pro forma effect thereto (including any Borrowings made in connection with any
such Restricted Payment), (A) no Default or Event of Default has occurred and is
continuing, (B) the Consolidated Total Leverage Ratio does not exceed 3.00 to
1.00, and (C) Availability is equal to or greater than $400,000,000 and (2) the
Borrower may make Restricted Payments to the Parent.
2.3    Amendment to Section 12.17. Section 12.17 of the Credit Agreement is
hereby amended and restated in its entirety to read as follows:
Section 12.17    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;
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(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.    Conditions Precedent. 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):
3.1    The Administrative Agent shall have received from Lenders constituting
Majority Lenders, the Guarantors, and the Borrower, counterparts (in such number
as may be requested by the Administrative Agent) of this Amendment signed on
behalf of such Person.
3.2    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.
3.3    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 this
Amendment to be effective when it has received documents confirming or
certifying, to the satisfaction of the Administrative Agent, compliance with the
conditions set forth in this Section 3 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 4.    Miscellaneous.
4.1    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.
4.2    Ratification and Affirmation; Representations and Warranties. Each of the
Guarantors 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:
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(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;
(ii)    no Default or Event of Default has occurred and is continuing; and
(iii)    no event or events have occurred which individually or in the aggregate
could reasonably be expected to have a Material Adverse Effect.
4.3    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.
4.4    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.
4.5    GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.
4.6    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.
4.7    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.
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4.8    Successors and Assigns. This Amendment shall be binding upon and inure to
the benefit of the parties hereto and their respective successors and assigns.
4.9    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.

BORROWER:RATTLER MIDSTREAM OPERATING LLCBy:/s/ Teresa L. DickName:Teresa L.
DickTitle:Chief Financial Officer, Executive Vice President and Assistant
SecretaryGUARANTORS:RATTLER MIDSTREAM LPBy:Rattler Midstream GP LLC, its General
PartnerBy:/s/ Teresa L. DickName:Teresa L. DickTitle:Chief Financial Officer,
Executive Vice President and Assistant SecretaryTALL CITY TOWERS LLCBy:/s/
Teresa L. DickName:Teresa L. DickTitle:Chief Financial Officer, Executive Vice
President and Assistant SecretaryRATTLER OMOG LLCBy:Rattler Midstream Operating
LLC, its sole memberBy:/s/ Teresa L. DickName:Teresa L. DickTitle:Chief
Financial Officer, Executive Vice President and Assistant Secretary

SIGNATURE PAGE
SECOND AMENDMENT TO CREDIT AGREEMENT

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RATTLER AJAX PROCESSING LLCBy:Rattler Midstream Operating LLC, its sole
memberBy:/s/ Teresa L. DickName:Teresa L. DickTitle:Chief Financial Officer,
Executive Vice President and Assistant Secretary

SIGNATURE PAGE
SECOND AMENDMENT TO CREDIT AGREEMENT

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ADMINISTRATIVE AGENT,WELLS FARGO BANK, NATIONALISSUING BANK AND
LENDER:ASSOCATION, as Administrative Agent, IssuingBank and as a LenderBy:/s/
Andrew OstrovName:Andrew OstrovTitle:Director

SIGNATURE PAGE
SECOND AMENDMENT TO CREDIT AGREEMENT

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LENDERS:BANK OF AMERICA, N.A.By:/s/ Ronald E. McKaigName:Ronald E.
McKaigTitle:Managing Director

SIGNATURE PAGE
SECOND AMENDMENT TO CREDIT AGREEMENT

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LENDERS:CREDIT SUISSE AG, CAYMAN ISLANDSBRANCHBy:/s/ Nupur KumarName:Nupur
KumarTitle:Authorized SignatoryBy:/s/ Andrew GriffinName:Andrew
GriffinTitle:Authorized Signatory

SIGNATURE PAGE
SECOND AMENDMENT TO CREDIT AGREEMENT

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LENDERS:JPMORGAN CHASE BANK, N.A.By:/s/ Michael A. KamaufName:Michael A.
KamaufTitle:Authorized Officer

SIGNATURE PAGE
SECOND AMENDMENT TO CREDIT AGREEMENT

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LENDERS:CITIBANK, N.A.By:/s/ Jeff ArdName:Jeff ArdTitle:Vice President

SIGNATURE PAGE
SECOND AMENDMENT TO CREDIT AGREEMENT

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LENDERS:PNC BANK, NATIONAL ASSOCIATIONBy:/s/ John EngelName:John EngelTitle:Vice
President

SIGNATURE PAGE
SECOND AMENDMENT TO CREDIT AGREEMENT

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LENDERS:BARCLAYS BANK PLCBy:/s/ Sydney G. DennisName:Sydney G.
DennisTitle:Director

SIGNATURE PAGE
SECOND AMENDMENT TO CREDIT AGREEMENT

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LENDERS:CAPITAL ONE, NATIONAL ASSOCIATIONBy:/s/ Christopher KunaName:Christopher
KunaTitle:Senior Director

SIGNATURE PAGE
SECOND AMENDMENT TO CREDIT AGREEMENT

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LENDERS:TRUIST BANK, successor by merger to SunTrustBank, as a LenderBy:/s/
Samantha SanfordName:Samantha SanfordTitle:Vice President

SIGNATURE PAGE
SECOND AMENDMENT TO CREDIT AGREEMENT

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LENDERS:THE BANK OF NOVA SCOTIA, HOUSTONBRANCHBy:/s/ Scott NickelName:Scott
NickelTitle:Director

SIGNATURE PAGE
SECOND AMENDMENT TO CREDIT AGREEMENT

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LENDERS:U.S. BANK NATIONAL ASSOCIATIONBy:/s/ Bruce E. HernandezName:Bruce E.
HernandezTitle:Senior Vice President

SIGNATURE PAGE
SECOND AMENDMENT TO CREDIT AGREEMENT

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LENDERS:GOLDMAN SACHS BANK USABy:/s/ Mahesh MohanName:Mahesh
MohanTitle:Authorized Signatory

SIGNATURE PAGE
SECOND AMENDMENT TO CREDIT AGREEMENT