Item 1.01 Entry into a Material Definitive Agreement.
Fourth Supplemental Indenture
On June 22, 2021, Basic Energy Services, Inc. (the "Company") entered into a
Fourth Supplemental Indenture to the indenture, dated as of October 2, 2018 (as
supplemented by the First Supplemental Indenture dated as of August 22, 2019,
the Second Supplemental Indenture dated as of April 1, 2020, and the Third
Supplemental Indenture dated as of May 3, 2021, the "Indenture"), by and among
the Company, the guarantors under the Indenture and the Trustee and Collateral
Agent (the "Fourth Supplemental Indenture"). The Fourth Supplemental Indenture
was entered into in connection with previously announced asset sales by certain
subsidiaries of the Company and the release of liens by the Collateral Agent on
such assets. The Fourth Supplemental Indenture also permits certain incremental
super priority indebtedness; however, no such indebtedness is contemplated at
this time.
The foregoing description of the Fourth Supplemental Indenture does not purport
to be complete and is qualified in its entirety by reference to the full text of
the Fourth Supplemental Indenture, a copy of which is filed herewith as Exhibit
4.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
No. Exhibit
4.1 Fourth Supplemental Indenture, dated as of June 22, 2021 by and
among Basic Energy Services, Inc., the guarantors party thereto and
UMB Bank, N.A. as trustee and collateral agent.
104 Cover Page Interactive Data File (formatted as Inline XBRL and
contained in exhibit 101).
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