Effective October 21, 2019, Approach entered into the Ninth Amendment to Limited Forbearance Agreement with the Consenting Lenders (the “Ninth Amendment”). As amended by the Ninth Amendment, the forbearance period will extend to the earlier of (a) October 28, 2019 and (b) the date on which a Forbearance Termination Event occurs under the Amended Forbearance Agreement, which includes the occurrence of any event of default other than the events of default. Pursuant to the terms of the Amended Forbearance Agreement, the Administrative Agent, the Consenting Lenders, and the Issuing Bank have agreed, during the forbearance period, to forbear from exercising their rights and remedies under the Credit Agreement (and related loan documents) and applicable law with respect to the occurrence or continuance of events of default that have occurred or may occur on account of the failure of the Borrower to: (i) maintain a ratio of EBITDAX for the four fiscal quarter period ended March 31, 2019, June 30, 2019 or September 30, 2019 to Interest Expense for such period of not less than 2.25 to 1.00 as required by the Credit Agreement; (ii) maintain a Total Leverage Ratio for the fiscal quarters ended March 31, 2019, June 30, 2019 or September 30, 2019 of less than 5.00 to 1.00 or 4.75 to 1.00, as applicable, as required by the Credit Agreement; (iii) maintain a ratio of consolidated current assets to consolidated current liabilities of less than 1:0 to 1.0 as of the last day of the fiscal quarter ended September 30, 2019; (iv) make certain interest payments when due, and (v) deliver notice as required by the Credit Agreement with respect to the events of default described in the foregoing clauses (i), (ii), (iii) and (iv). In the ordinary course of their respective businesses, one or more of the Lenders, or their affiliates, have or may have various relationships with the Borrower and its subsidiaries involving the provision of a variety of financial services, including cash management, commercial banking, investment banking, advisory or other financial services, for which they received, or will receive, customary fees and expenses. In addition, the Borrower and its subsidiaries may have entered into commodity derivative arrangements with one or more Lenders, or their affiliates.