Item 1.01 Entry into a Material Definitive Agreement OnJune 26, 2020 , we entered into a second amendment (the "Amendment") to our$2.5 billion revolving credit agreement, dated as ofApril 18, 2017 , as previously amended and extended (the "$2.5 Billion Credit Agreement"), withCitibank, N.A ., as administrative agent, a swingline lender, a letter of credit issuer and a lender, and the other lenders, swingline lenders and letter of credit issuers parties thereto. The$2.5 Billion Credit Agreement requires us to maintain a leverage ratio as of the end of each fiscal quarter of no more than 5.0 to 1 (increasing, at our election, to 5.5 to 1 during any fiscal quarter in which we consummate certain qualified acquisitions and up to the following two fiscal quarters). The leverage ratio is equal to (i) our consolidated indebtedness as of the end of each fiscal quarter to (ii) adjusted EBITDA (EBITDA, as defined in the$2.5 Billion Credit Agreement, adjusted for all noncash charges and increased for projected EBITDA from certain lender-approved capital expansion projects) for the four-quarter period ending on such date. The Amendment amends the$2.5 Billion Credit Agreement by, among other things, modifying the leverage ratio so that we may net up to$700 million in unrestricted cash and cash equivalents on a consolidated basis against our consolidated indebtedness for purposes of calculating the ratio's numerator for the fiscal quarters ending onJune 30, 2020 ,September 30, 2020 , andDecember 31, 2020 . The foregoing description of the Amendment is not complete and is in all respects subject to the actual provisions of the Amendment, a copy of which has been filed as Exhibit 10.1 to this Current Report on Form 8-K and which is incorporated by reference herein. Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit Number Description 10.1 Second Amendment to Credit Agreement, dated as ofJune 26, 2020 , amongONEOK, Inc. ,Citibank, N.A ., as administrative agent, a swingline lender, a letter of credit issuer and a lender, and the other lenders, swingline lenders and letter of credit issuers parties thereto. 104 Cover page interactive data file (embedded within the Inline XBRL document and contained in Exhibit 101). 2
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