NUVERRA ENVIRONMENTAL SOLUTIONS, INC. : Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Financial Statements and Exhibits (form 8-K)

Item 1.01 Entry into a Material Definite Agreement.

On August 19, 2021, Nuverra Environmental Solutions, Inc. . ("Nuverra" or the
"Company"), entered into a Second Amendment to Loan Agreement (the "Second
Amendment") with First International Bank & Trust, a North Dakota banking
corporation (the "Lender"), pursuant to which the Company and the Lender agreed
to amend that certain Master Loan Agreement, dated November 16, 2020 (as
previously amended, the "Loan Agreement"), between the Company and Lender in
order to increase by $531,166 the maximum availability under the letter of
credit facility (the "Letter of Credit Facility") and make certain other
modifications to the terms of the Loan Agreement, including (i) modifying the
debt service coverage ratio covenant, contained in section 5(N) of the Loan
Agreement, so that it would first be tested for the fiscal year ending December
31, 2022, (ii) permitting the sale or other disposition of certain assets and
other equipment, and (iii) temporarily increasing the interest rate on the CRE
Loan (as such term defined in the Loan Agreement) by 1.5% per annum.

As amended, the Letter of Credit Facility provides for the issuance of letters
of credit of up to $5.880 million in aggregate face amount and is evidenced by
an existing Amended and Restated Promissory Note (Letter of Credit Loan), dated
January 25, 2021 (the "Existing Letter of Credit Note"), in the face amount of
$5,349,000 and a newly executed Promissory Note (Letter of Credit
Loan-Insurance), dated August 19, 2021 (the "Additional Letter of Credit Note"),
in the face amount of $531,166. All other terms of the Letter of Credit Facility
remain unchanged.

The Second Amendment also provides for the addition of certain real property
located in Mackenzie County, North Dakota to a mortgage previously granted by
the Company in favor of the Lender.

The foregoing descriptions of the Second Amendment and the Additional Letter of
Credit Note do not purport to be complete and are qualified in their entirety by
reference to the full text of such documents, which are attached as Exhibits
10.1 and 10.2, respectively, to this Current Report on Form 8-K and incorporated
herein by reference.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance

                Sheet Arrangement of a Registrant.

The disclosures regarding the Second Amendment and the Additional Letter of Credit Note as set forth above in Item 1.01 are incorporated by reference in this Item 2.03.

Item 9.01   Financial Statements and Exhibits.



(d) Exhibits


       Exhibit
       Number                                               Description

          10.1                Second Amendment to Loan Agreement, dated

August 19, 2021, between Nuverra

Environmental Solutions, Inc. and First 

International Bank & Trust.

          10.2                Promissory Note (Letter of Credit 

Loan-Insurance), dated August 19, 2021,

                            by Nuverra Environmental Solutions, Inc. in 

favor of First International

Bank & Trust.

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