SECOND SUPPLEMENTAL INDENTURE dated as of November 1, 2011 among
EXHIBIT 4.2
Execution
Version
dated as of November 1, 2011
among
X. XXXXXXXXX ENTERPRISES, INC.
HOVNANIAN ENTERPRISES, INC.
The Other Guarantors Party Hereto
and
WILMINGTON TRUST COMPANY
as Trustee
as Trustee
117/8% Senior Notes due 2015
THIS SECOND SUPPLEMENTAL INDENTURE (this “Second Supplemental Indenture”), is entered into as
of November 1, 2011, among X. Xxxxxxxxx Enterprises, Inc., a California corporation (the “Issuer”),
Hovnanian Enterprises, Inc. (“Hovnanian”), each of the guarantors listed on Schedule I hereto and
Wilmington Trust Company, a Delaware chartered trust company, as trustee (the “Trustee”).
RECITALS
WHEREAS, the Issuer, Hovnanian and the Trustee entered into the Indenture dated as of February
14, 2011 (the “Base Indenture”) as supplemented by a Supplemental Indenture thereto dated as of
February 14, 2011 among the Issuer, Hovnanian, the other guarantors party thereto and the Trustee
(the “First Supplemental Indenture” and together with the Base Indenture, the “Indenture”),
relating to the Issuer’s 117/8% Senior Notes due 2015 (the “Notes”);
WHEREAS, Section 8.2 of the Base Indenture provides, among other things, that the Issuer and
the Trustee may amend certain terms of the Indenture in respect of any series of securities issued
thereunder with the written consent of the Holders (as defined in the Indenture) of not less than a
majority in aggregate principal amount of the securities of such series then Outstanding (as
defined in the Indenture);
WHEREAS, the Issuer has offered to exchange its securities of a new series of notes to be
designated as 2.00% Senior Secured Notes due 2021 (the “New Secured Notes”) for any and all of the
Notes issued and outstanding as of the date of the Offering Memorandum (as defined below), among
other securities, and has solicited consents from Holders of the Notes to certain amendments to the
Indenture (the “Proposed Amendments”) upon the terms and subject to the conditions set forth in the
Issuer’s Confidential Offering Memorandum and Consent Solicitation Statement dated September 28,
2011 (as the same may be amended or supplemented from time to time, the “Offering Memorandum”) and
in the related Letter of Transmittal and Consent (as the same may be amended and supplemented from
time to time, and together with the Offering Memorandum, the “Offer Material”);
WHEREAS, the Issuer has obtained the written consent to the Proposed Amendments to the
Indenture from the Holders of not less than a majority in aggregate principal amount of the Notes
Outstanding;
WHEREAS, the Issuer has requested that the Trustee execute and deliver this Second
Supplemental Indenture to effect the Proposed Amendments; and
WHEREAS, the execution and delivery of this Second Supplemental Indenture has been duly
authorized by the parties thereto, and all conditions and requirements necessary to make this
instrument a valid and binding agreement have been duly performed and complied with;
AGREEMENT
NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained and
intending to be legally bound, the parties hereto hereby agree as follows:
2
Section 1. Capitalized terms used herein and not otherwise defined herein are used
as defined in the Indenture.
Section 2. The following amendments shall automatically become effective upon
issuance of the New Secured Notes in accordance with the terms and conditions set forth in the
Offer Material:
(a) The Table of Contents of the First Supplemental Indenture is amended by deleting the
titles to Sections 3.04, 3.05, 3.06, 3.07, 3.08, 3.10, 3.11, 3.12 and 3.13 and inserting in
lieu thereof the phrase “[intentionally omitted]”.
(b) Section 2.01 of the First Supplemental Indenture is amended by deleting from such
Section those defined terms that, by virtue of the amendment effected by this Second
Supplemental Indenture, are no longer used in the Indenture or Notes as amended hereby.
(c) Section 3.04 of the First Supplemental Indenture is amended by deleting the Section in
its entirety and inserting in lieu thereof the phrase “[intentionally omitted]”.
(d) Section 3.05 of the First Supplemental Indenture is amended by deleting the Section in
its entirety and inserting in lieu thereof the phrase “[intentionally omitted]”.
(e) Section 3.06 of the First Supplemental Indenture is amended by deleting the Section in
its entirety and inserting in lieu thereof the phrase “[intentionally omitted]”.
(f) Section 3.07 of the First Supplemental Indenture is amended by deleting the Section in
its entirety and inserting in lieu thereof the phrase “[intentionally omitted]”.
(g) Section 3.08 of the First Supplemental Indenture is amended by deleting the Section in
its entirety and inserting in lieu thereof the phrase “[intentionally omitted]”.
(h) Section 3.10 of the First Supplemental Indenture is amended by deleting the Section in
its entirety and inserting in lieu thereof the phrase “[intentionally omitted]”.
(i) Section 3.11 of the First Supplemental Indenture is amended by deleting the Section in
its entirety and inserting in lieu thereof the phrase “[intentionally omitted]”.
(j) Section 3.12 of the First Supplemental Indenture is amended by deleting the text of
clauses (b) and (c) in their entirety and inserting in lieu thereof the phrase
“[intentionally omitted]”.
(k) Section 3.13 of the First Supplemental Indenture is amended by deleting the Section in
its entirety and inserting in lieu thereof the phrase “[intentionally omitted]”.
(l) Section 4.01 of the First Supplemental Indenture is amended by deleting the text of
clauses (v) and (vi) in their entirety and inserting in lieu thereof the phrase
“[intentionally omitted]”.
3
(m) Section 5.01 of the First Supplemental Indenture is amended by deleting the last
sentence of clause (c) in its entirety.
Section 3. This Second Supplemental Indenture shall be effective upon its execution
and delivery by the parties hereto; provided that the amendments set forth in Section 2 hereof will
not become operative until the issuance of the New Secured Notes in accordance with the terms and
conditions set forth in the Offer Material.
Section 4. Except as expressly provided herein, all of the terms, provisions and
conditions of the Indenture and the Notes shall remain in full force and effect.
Section 5. This Second Supplemental Indenture shall be governed by and construed in
accordance with the laws of the State of New York.
Section 6. If any provision of this Second Supplemental Indenture limits, qualifies
or conflicts with another provision of this Second Supplemental Indenture or the Indenture that is
required to be included by the Trust Indenture Act of 1939 as in force at that date as of which
this Second Supplemental Indenture is executed, the provision required by said Act shall control.
Section 7. This Second Supplemental Indenture may be signed in various counterparts
which together will constitute one and the same instrument.
Section 8. This Second Supplemental Indenture is an amendment supplemental to the
Indenture (as amended and supplemented to the date hereof), and the Indenture and this Second
Supplemental Indenture will henceforth be read together.
Section 9. The recitals herein contained are made solely by the Issuer, Hovnanian
and the undersigned and not by the Trustee, and the Trustee assumes no responsibility for the
validity or accuracy thereof.
Section 10. In case any provision in this Second Supplemental Indenture shall be
invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining
provisions shall not in any way be affected or impaired thereby.
4
IN WITNESS WHEREOF, the parties hereto have caused this Second Supplemental Indenture to be
duly executed as of the date first above written.
X. XXXXXXXXX ENTERPRISES, INC., as Issuer |
||||
By: | /s/ Xxxxx X. Xxxxxxxxxxx | |||
Name: | Xxxxx X. Xxxxxxxxxxx | |||
Title: | Vice President Finance and Treasurer | |||
HOVNANIAN ENTERPRISES, INC., as Guarantor |
||||
By: | /s/ Xxxxx X. Xxxxxxxxxxx | |||
Name: | Xxxxx X. Xxxxxxxxxxx | |||
Title: | Vice President Finance and Treasurer | |||
On behalf of each entity named in Schedule 1 hereto, as Guarantors |
||||
By: | /s/ Xxxxx X. Xxxxxxxxxxx | |||
Name: | Xxxxx X. Xxxxxxxxxxx | |||
Title: | Vice President Finance and Treasurer | |||
WILMINGTON TRUST COMPANY as Trustee |
||||
By: | /s/ Xxxxxx X. Xxxxx | |||
Name: | Xxxxxx X. Xxxxx | |||
Title: | Financial Services Officer |
5
SCHEDULE I
AUDDIE ENTERPRISES, L.L.C.
BUILDER SERVICES NJ, L.L.C.
BUILDER SERVICES NY, L.L.C.
BUILDER SERVICES PA, L.L.C.
DULLES COPPERMINE, L.L.C.
EASTERN NATIONAL TITLE AGENCY, LLC
EASTERN TITLE AGENCY, INC.
F&W MECHANICAL SERVICES, L.L.C.
FOUNDERS TITLE AGENCY OF MARYLAND, L.L.C.
FOUNDERS TITLE AGENCY, INC.
GLENRISE GROVE, L.L.C.
GOVERNOR’S ABSTRACT CO., INC.
HOMEBUYERS FINANCIAL SERVICES, L.L.C.
HOVNANIAN DEVELOPMENTS OF FLORIDA, INC.
HOVNANIAN LAND INVESTMENT GROUP OF FLORIDA, L.L.C.
HOVNANIAN LAND INVESTMENT GROUP OF MARYLAND, L.L.C.
HOVNANIAN LAND INVESTMENT GROUP OF NEW JERSEY, L.L.C.
HOVNANIAN LAND INVESTMENT GROUP OF NORTH CAROLINA, L.L.C.
HOVNANIAN LAND INVESTMENT GROUP OF VIRGINIA, L.L.C.
HOVNANIAN LAND INVESTMENT GROUP, L.L.C.
K. HOV IP, INC.
K. HOV IP, II, INC.
X. XXXXXXXXX ACQUISITIONS, INC.
X. XXXXXXXXX AT 4S, LLC
X. XXXXXXXXX AT ACQUA VISTA, LLC
X. XXXXXXXXX AT ALISO, LLC
X. XXXXXXXXX AT ALLENTOWN, L.L.C.
K. HOVNANIAN AT ANDALUSIA, LLC
X. XXXXXXXXX AT ARBOR HEIGHTS, LLC
X. XXXXXXXXX AT AVENUE ONE, L.L.C.
K. HOVNANIAN AT BAKERSFIELD 463, L.L.C.
K. HOVNANIAN AT BARNEGAT I, L.L.C.
K. HOVNANIAN AT BARNEGAT II, L.L.C.
K. HOVNANIAN AT BELLA LAGO, LLC
X. XXXXXXXXX AT BENSALEM, LLC
X. XXXXXXXXX AT BERKELEY, L.L.C.
K. HOVNANIAN AT BLUE HERON PINES, L.L.C.
K. HOVNANIAN AT BRANCHBURG, L.L.C.
K. HOVNANIAN AT BRIDGEPORT, INC.
X. XXXXXXXXX AT BRIDGEWATER I, L.L.C.
K. HOVNANIAN AT BROAD AND WALNUT, L.L.C.
K. HOVNANIAN AT XXXXXXX XXXXX, INC.
X. XXXXXXXXX AT CAMP HILL, L.L.C.
K. HOVNANIAN AT CAPISTRANO, L.L.C.
K. HOVNANIAN AT CARLSBAD, LLC
BUILDER SERVICES NJ, L.L.C.
BUILDER SERVICES NY, L.L.C.
BUILDER SERVICES PA, L.L.C.
DULLES COPPERMINE, L.L.C.
EASTERN NATIONAL TITLE AGENCY, LLC
EASTERN TITLE AGENCY, INC.
F&W MECHANICAL SERVICES, L.L.C.
FOUNDERS TITLE AGENCY OF MARYLAND, L.L.C.
FOUNDERS TITLE AGENCY, INC.
GLENRISE GROVE, L.L.C.
GOVERNOR’S ABSTRACT CO., INC.
HOMEBUYERS FINANCIAL SERVICES, L.L.C.
HOVNANIAN DEVELOPMENTS OF FLORIDA, INC.
HOVNANIAN LAND INVESTMENT GROUP OF FLORIDA, L.L.C.
HOVNANIAN LAND INVESTMENT GROUP OF MARYLAND, L.L.C.
HOVNANIAN LAND INVESTMENT GROUP OF NEW JERSEY, L.L.C.
HOVNANIAN LAND INVESTMENT GROUP OF NORTH CAROLINA, L.L.C.
HOVNANIAN LAND INVESTMENT GROUP OF VIRGINIA, L.L.C.
HOVNANIAN LAND INVESTMENT GROUP, L.L.C.
K. HOV IP, INC.
K. HOV IP, II, INC.
X. XXXXXXXXX ACQUISITIONS, INC.
X. XXXXXXXXX AT 4S, LLC
X. XXXXXXXXX AT ACQUA VISTA, LLC
X. XXXXXXXXX AT ALISO, LLC
X. XXXXXXXXX AT ALLENTOWN, L.L.C.
K. HOVNANIAN AT ANDALUSIA, LLC
X. XXXXXXXXX AT ARBOR HEIGHTS, LLC
X. XXXXXXXXX AT AVENUE ONE, L.L.C.
K. HOVNANIAN AT BAKERSFIELD 463, L.L.C.
K. HOVNANIAN AT BARNEGAT I, L.L.C.
K. HOVNANIAN AT BARNEGAT II, L.L.C.
K. HOVNANIAN AT BELLA LAGO, LLC
X. XXXXXXXXX AT BENSALEM, LLC
X. XXXXXXXXX AT BERKELEY, L.L.C.
K. HOVNANIAN AT BLUE HERON PINES, L.L.C.
K. HOVNANIAN AT BRANCHBURG, L.L.C.
K. HOVNANIAN AT BRIDGEPORT, INC.
X. XXXXXXXXX AT BRIDGEWATER I, L.L.C.
K. HOVNANIAN AT BROAD AND WALNUT, L.L.C.
K. HOVNANIAN AT XXXXXXX XXXXX, INC.
X. XXXXXXXXX AT CAMP HILL, L.L.C.
K. HOVNANIAN AT CAPISTRANO, L.L.C.
K. HOVNANIAN AT CARLSBAD, LLC
6
X. XXXXXXXXX AT CEDAR GROVE III, L.L.C.
K. HOVNANIAN AT CEDAR GROVE V, L.L.C.
K. HOVNANIAN AT CHARTER WAY, LLC
X. XXXXXXXXX AT XXXXXXX I, L.L.C.
K. HOVNANIAN AT CHESTERFIELD, L.L.C.
K. HOVNANIAN AT CIELO, L.L.C.
K. HOVNANIAN AT XXXXXXX, L.L.C.
K. HOVNANIAN AT COASTLINE, L.L.C.
K. HOVNANIAN AT XXXXXX XXXX, LLC
X. XXXXXXXXX AT CRANBURY, L.L.C.
K. HOVNANIAN AT DENVILLE, L.L.C.
K. HOVNANIAN AT DEPTFORD TOWNSHIP, L.L.C.
K. HOVNANIAN AT XXXXXXXXX HILLS, INC.
X. XXXXXXXXX AT EAST BRANDYWINE, L.L.C.
K. HOVNANIAN AT EASTLAKE, LLC
K. HOVNANIAN AT CEDAR GROVE V, L.L.C.
K. HOVNANIAN AT CHARTER WAY, LLC
X. XXXXXXXXX AT XXXXXXX I, L.L.C.
K. HOVNANIAN AT CHESTERFIELD, L.L.C.
K. HOVNANIAN AT CIELO, L.L.C.
K. HOVNANIAN AT XXXXXXX, L.L.C.
K. HOVNANIAN AT COASTLINE, L.L.C.
K. HOVNANIAN AT XXXXXX XXXX, LLC
X. XXXXXXXXX AT CRANBURY, L.L.C.
K. HOVNANIAN AT DENVILLE, L.L.C.
K. HOVNANIAN AT DEPTFORD TOWNSHIP, L.L.C.
K. HOVNANIAN AT XXXXXXXXX HILLS, INC.
X. XXXXXXXXX AT EAST BRANDYWINE, L.L.C.
K. HOVNANIAN AT EASTLAKE, LLC
X. XXXXXXXXX AT EDGEWATER II, L.L.C.
K. HOVNANIAN AT EDGEWATER, L.L.C.
K. HOVNANIAN AT EGG HARBOR TOWNSHIP II, L.L.C.
K. HOVNANIAN AT EGG HARBOR TOWNSHIP, L.L.C.
K. HOVNANIAN AT EL DORADO RANCH II, L.L.C.
K. HOVNANIAN AT EL DORADO RANCH, L.L.C.
K. HOVNANIAN AT ENCINITAS RANCH, LLC
X. XXXXXXXXX AT EVERGREEN, L.L.C.
K. HOVNANIAN AT FAIR OAKS, L.L.C.
K. HOVNANIAN AT XXXXXXXXX RANCH, LLC
X. XXXXXXXXX AT FIFTH AVENUE, L.L.C.
K. HOVNANIAN AT XXXXXXXX I, L.L.C.
K. HOVNANIAN AT XXXXXXXX XX, L.L.C.
K. HOVNANIAN AT FOREST XXXXXXX, L.L.C.
K. HOVNANIAN AT FRANKLIN, L.L.C.
K. HOVNANIAN AT XXXXXXXX XX, L.L.C.
K. HOVNANIAN AT FREEHOLD TOWNSHIP, L.L.C.
K. HOVNANIAN AT FRESNO, LLC
X. XXXXXXXXX AT GASLAMP SQUARE, L.L.C.
K. HOVNANIAN AT GILROY, LLC
X. XXXXXXXXX AT GREAT NOTCH, L.L.C.
K. HOVNANIAN AT GUTTENBERG, L.L.C.
K. HOVNANIAN AT HACKETTSTOWN II, L.L.C.
K. HOVNANIAN AT HAMBURG, L.L.C.
K. HOVNANIAN AT HAWTHORNE, L.L.C.
K. HOVNANIAN AT HERSHEY’S MILL, INC.
X. XXXXXXXXX AT HIGHLAND SHORES, L.L.C.
K. HOVNANIAN AT HILLTOP, L.L.C.
K. HOVNANIAN AT XXXXXX, L.L.C.
K. HOVNANIAN AT XXXXXX POINTE, L.L.C.
K. HOVNANIAN AT XXXXXXX I, L.L.C.
K. HOVNANIAN AT XXXXXXX, L.L.C.
K. HOVNANIAN AT XXXXXX RANCH, LLC
X. XXXXXXXXX AT JERSEY CITY IV, L.L.C.
K. HOVNANIAN AT JERSEY CITY V URBAN RENEWAL COMPANY, L.L.C.
K. HOVNANIAN AT KEYPORT, L.L.C.
7
X. XXXXXXXXX AT KING FARM, L.L.C.
K. HOVNANIAN AT LA COSTA GREENS, L.L.C.
K. HOVNANIAN AT LA COSTA, LLC
X. XXXXXXXXX AT LA HABRA KNOLLS, LLC
X. XXXXXXXXX AT LA LAGUNA, L.L.C.
K. HOVNANIAN AT LAKE RANCHO VIEJO, LLC
X. XXXXXXXXX AT LAKE TERRAPIN, L.L.C.
K. HOVNANIAN AT XXXXXXXX V, L.L.C.
K. HOVNANIAN AT XXX SQUARE, L.L.C.
K. HOVNANIAN AT LITTLE EGG HARBOR TOWNSHIP II, L.L.C.
K. HOVNANIAN AT LITTLE EGG HARBOR, L.L.C.
K. HOVNANIAN AT LOWER MACUNGIE TOWNSHIP I, L.L.C.
K. HOVNANIAN AT LOWER MACUNGIE TOWNSHIP II, L.L.C.
K. HOVNANIAN AT LOWER MAKEFIELD TOWNSHIP I, L.L.C.
K. HOVNANIAN AT LOWER XXXXXXXX I, L.L.C.
K. HOVNANIAN AT LOWER MORELAND II, L.L.C.
K. HOVNANIAN AT MAHWAH VI, INC.
X. XXXXXXXXX AT XXXXX PARK, L.L.C.
K. HOVNANIAN AT MANALAPAN III, L.L.C.
K. HOVNANIAN AT MANSFIELD I, L.L.C.
K. HOVNANIAN AT MANSFIELD II, L.L.C.
K. HOVNANIAN AT MANSFIELD III, L.L.C.
K. HOVNANIAN AT MANTECA, LLC
X. XXXXXXXXX AT MAPLE AVENUE, L.L.C.
K. HOVNANIAN AT MARLBORO TOWNSHIP IX, L.L.C.
K. HOVNANIAN AT MARLBORO TOWNSHIP V, L.L.C.
K. HOVNANIAN AT MARLBORO TOWNSHIP VIII, L.L.C.
K. HOVNANIAN AT MARLBORO VI, L.L.C.
K. HOVNANIAN AT MARLBORO VII, L.L.C.
K. HOVNANIAN AT XXXXXXX XXXXXXX, LLC
X. XXXXXXXXX AT MENDHAM TOWNSHIP, L.L.C.
K. HOVNANIAN AT MENIFEE, LLC
X. XXXXXXXXX AT MIDDLE TOWNSHIP II, L.L.C.
K. HOVNANIAN AT MIDDLE TOWNSHIP, L.L.C.
K. HOVNANIAN AT MIDDLETOWN II, L.L.C.
K. HOVNANIAN AT MILLVILLE I, L.L.C.
K. HOVNANIAN AT MILLVILLE II, L.L.C.
K. HOVNANIAN AT XXXXXX XX, INC.
X. XXXXXXXXX AT XXXXXX XX, L.L.C.
K. HOVNANIAN AT MONROE NJ, L.L.C.
K. HOVNANIAN AT MONTVALE, LLC
X. XXXXXXXXX AT MONTVALE II, L.L.C.
K. HOVNANIAN AT MOSAIC, LLC
X. XXXXXXXXX AT MUIRFIELD, LLC
X. XXXXXXXXX AT NEW WINDSOR, L.L.C.
K. HOVNANIAN AT NORTH BERGEN. L.L.C.
K. HOVNANIAN AT NORTH BRUNSWICK VI, L.L.C.
K. HOVNANIAN AT NORTH XXXXXXXX II, L.L.C.
K. HOVNANIAN AT NORTH XXXXXXXX III, L.L.C.
K. HOVNANIAN AT NORTH XXXXXXXX IV, L.L.C.
K. HOVNANIAN AT NORTH HALEDON, L.L.C.
K. HOVNANIAN AT NORTH WILDWOOD, L.L.C.
K. HOVNANIAN AT NORTHAMPTON, L.L.C.
K. HOVNANIAN AT NORTHERN WESTCHESTER, INC.
8
X. XXXXXXXXX AT NORTHFIELD, L.L.C.
K. HOVNANIAN AT OCEAN TOWNSHIP, INC.
X. XXXXXXXXX AT OCEAN WALK, INC.
X. XXXXXXXXX AT OCEANPORT, L.L.C.
K. HOVNANIAN AT OLD BRIDGE, L.L.C.
K. HOVNANIAN AT OLDE ORCHARD, LLC
X. XXXXXXXXX AT PARAMUS, L.L.C.
K. HOVNANIAN AT PARK LANE, LLC
X. XXXXXXXXX AT PARKSIDE, LLC
X. XXXXXXXXX AT PARSIPPANY, L.L.C.
K. HOVNANIAN AT PARSIPPANY-XXXX HILLS, L.L.C.
K. HOVNANIAN AT PIAZZA D’ORO, L.L.C.
K. HOVNANIAN AT XXXXXX XXXXXX, L.L.C.
K. HOVNANIAN AT PITTSGROVE, L.L.C.
K. HOVNANIAN AT PORT IMPERIAL URBAN RENEWAL IV, L.L.C.
K. HOVNANIAN AT PORT IMPERIAL URBAN RENEWAL V, L.L.C.
K. HOVNANIAN AT PORT IMPERIAL URBAN RENEWAL VI, L.L.C.
K. HOVNANIAN AT PORT IMPERIAL URBAN RENEWAL VII, L.L.C.
K. HOVNANIAN AT PORT IMPERIAL URBAN RENEWAL VIII, L.L.C.
K. HOVNANIAN AT POSITANO, LLC
X. XXXXXXXXX AT XXXXX, L.L.C.
K. HOVNANIAN AT RANCHO 79, LLC
X. XXXXXXXXX AT RANCHO SANTA XXXXXXXXX, LLC
X. XXXXXXXXX AT XXXXXXXX I, L.L.C.
K. HOVNANIAN AT RAPHO, L.L.C.
K. HOVNANIAN AT RIDGEMONT, L.L.C.
K. HOVNANIAN AT RIVERBEND, LLC
X. XXXXXXXXX AT RODERUCK, L.L.C.
K. HOVNANIAN AT XXXXXXXX LANTANA, L.L.C.
K. HOVNANIAN AT XXXXXXX HEIGHTS, LLC
X. XXXXXXXXX AT SAGE, L.L.C.
K. HOVNANIAN AT SANTA NELLA, LLC
X. XXXXXXXXX AT SARATOGA, INC.
X. XXXXXXXXX AT SAWMILL, INC.
X. XXXXXXXXX AT SAYREVILLE, L.L.C.
K. HOVNANIAN AT SEASONS LANDING, LLC
X. XXXXXXXXX AT XXXXXXX XXXXX, LLC
X. XXXXXXXXX AT SHREWSBURY, LLC
X. XXXXXXXXX AT SCOTCH PLAINS, L.L.C.
K. HOVNANIAN AT SILVER SPRING, L.L.C.
K. HOVNANIAN AT SKYE ISLE, LLC
X. XXXXXXXXX AT SMITHVILLE, INC
X. XXXXXXXXX AT XXXXXX POINT, L.L.C.
K. HOVNANIAN AT SOUTH BRUNSWICK, L.L.C.
K. HOVNANIAN AT SOUTH BRUNSWICK II, L.L.C.
K. HOVNANIAN AT XXXXXXX, LLC
X. XXXXXXXXX AT STATION SQUARE, L.L.C.
K. HOVNANIAN AT SUNRIDGE PARK, LLC
X. XXXXXXXXX AT SYCAMORE, INC.
X. XXXXXXXXX AT THE CLIFFS, LLC
9
X. XXXXXXXXX AT THE XXXXXX, LLC
X. XXXXXXXXX AT THE GABLES, LLC
X. XXXXXXXXX AT THE MONARCH, L.L.C.
K. HOVNANIAN AT THE PRESERVE, LLC
X. XXXXXXXXX AT XXXXXXXX RANCH, LLC
X. XXXXXXXXX AT THORNBURY, INC.
X. XXXXXXXXX AT TRAIL RIDGE, LLC
X. XXXXXXXXX AT TROVATA, INC.
X. XXXXXXXXX AT UPPER FREEHOLD TOWNSHIP II, L.L.C.
K. HOVNANIAN AT UPPER FREEHOLD TOWNSHIP III, L.L.C.
K. HOVNANIAN AT UPPER MAKEFIELD I, INC.
X. XXXXXXXXX AT UPPER PROVIDENCE, LLC
X. XXXXXXXXX AT UPPER UWCHLAN II, L.L.C.
K. HOVNANIAN AT UPPER UWCHLAN, L.L.C.
K. HOVNANIAN AT XXXXX DEL SOL, LLC
X. XXXXXXXXX AT XXXXXX XXXXX RENEWAL, L.L.C.
K. HOVNANIAN AT VICTORVILLE, L.L.C.
K. HOVNANIAN AT VINELAND, L.L.C.
K. HOVNANIAN AT VISTA DEL SOL, L.L.C.
K. HOVNANIAN AT XXXXXX TOWNSHIP, L.L.C.
K. HOVNANIAN AT WASHINGTON, L.L.C.
K. HOVNANIAN AT WATERSTONE, LLC
X. XXXXXXXXX AT XXXXX IX, L.L.C.
K. HOVNANIAN AT XXXXX, VIII, L.L.C.
K. HOVNANIAN AT WEST VIEW ESTATES, L.L.C.
K. HOVNANIAN AT WEST WINDSOR, L.L.C.
K. HOVNANIAN AT WESTSHORE, LLC
X. XXXXXXXXX AT XXXXXXX RANCH, LLC
X. XXXXXXXXX AT WILDWOOD BAYSIDE, L.L.C.
K. HOVNANIAN AT WILLOW BROOK, L.L.C.
K. HOVNANIAN AT WINCHESTER, LLC
X. XXXXXXXXX AT WOODCREEK WEST, LLC
X. XXXXXXXXX AT WOOLWICH I, L.L.C.
K. HOVNANIAN CAMBRIDGE HOMES, L.L.C.
K. HOVNANIAN CENTRAL ACQUISITIONS, L.L.C.
K. HOVNANIAN CLASSICS, L.L.C.
K. HOVNANIAN COMMUNITIES, INC.
X. XXXXXXXXX COMPANIES NORTHEAST, INC.
X. XXXXXXXXX COMPANIES OF CALIFORNIA, INC.
X. XXXXXXXXX COMPANIES OF MARYLAND, INC.
X. XXXXXXXXX COMPANIES OF NEW YORK, INC.
X. XXXXXXXXX COMPANIES OF PENNSYLVANIA, INC.
X. XXXXXXXXX COMPANIES OF SOUTHERN CALIFORNIA, INC.
X. XXXXXXXXX COMPANIES, LLC
X. XXXXXXXXX CONSTRUCTION II, INC
X. XXXXXXXXX CONSTRUCTION III, INC
X. XXXXXXXXX CONSTRUCTION MANAGEMENT, INC.
X. XXXXXXXXX CRAFTBUILT HOMES OF SOUTH CAROLINA, L.L.C.
K. HOVNANIAN DELAWARE ACQUISITIONS, L.L.C.
K. HOVNANIAN DEVELOPMENTS OF ARIZONA, INC.
X. XXXXXXXXX DEVELOPMENTS OF CALIFORNIA, INC.
X. XXXXXXXXX DEVELOPMENTS OF D.C., INC.
X. XXXXXXXXX DEVELOPMENTS OF DELAWARE, INC.
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X. XXXXXXXXX DEVELOPMENTS OF GEORGIA, INC.
X. XXXXXXXXX DEVELOPMENTS OF ILLINOIS, INC.
X. XXXXXXXXX DEVELOPMENTS OF KENTUCKY, INC.
X. XXXXXXXXX DEVELOPMENTS OF MARYLAND, INC.
X. XXXXXXXXX DEVELOPMENTS OF MINNESOTA, INC.
X. XXXXXXXXX DEVELOPMENTS OF NEW JERSEY II, INC.
X. XXXXXXXXX DEVELOPMENTS OF NEW JERSEY, INC.
X. XXXXXXXXX DEVELOPMENTS OF NEW YORK, INC.
X. XXXXXXXXX DEVELOPMENTS OF NORTH CAROLINA, INC.
X. XXXXXXXXX DEVELOPMENTS OF OHIO, INC.
X. XXXXXXXXX DEVELOPMENTS OF PENNSYLVANIA, INC.
X. XXXXXXXXX DEVELOPMENTS OF SOUTH CAROLINA, INC.
X. XXXXXXXXX DEVELOPMENTS OF TEXAS, INC.
X. XXXXXXXXX DEVELOPMENTS OF VIRGINIA, INC.
X. XXXXXXXXX DEVELOPMENTS OF WEST VIRGINIA, INC.
X. XXXXXXXXX EASTERN PENNSYLVANIA, L.L.C.
K. HOVNANIAN ESTATES AT REGENCY, L.L.C.
K. HOVNANIAN FIRST HOMES, L.L.C.
K. HOVNANIAN FLORIDA REALTY, L.L.C.
K. HOVNANIAN FOUR SEASONS @ HISTORIC VIRGINIA, LLC
X. XXXXXXXXX FOUR SEASONS AT GOLD HILL, LLC
X. XXXXXXXXX GREAT WESTERN BUILDING COMPANY, LLC
X. XXXXXXXXX GREAT WESTERN HOMES, LLC
X. XXXXXXXXX HAMPTONS AT OAK CREEK II, L.L.C.
K. HOVNANIAN HOLDINGS NJ, L.L.C.
K. HOVNANIAN HOMES — DFW, L.L.C.
K. HOVNANIAN HOMES AT CAMERON STATION, LLC
X. XXXXXXXXX HOMES AT CAMP SPRINGS, L.L.C.
K. HOVNANIAN HOMES AT FAIRWOOD, L.L.C.
K. HOVNANIAN HOMES AT FOREST RUN, L.L.C.
K. HOVNANIAN HOMES AT GREENWAY FARM PARK TOWNS, L.L.C.
K. HOVNANIAN HOMES AT GREENWAY FARM, L.L.C.
K. HOVNANIAN HOMES AT XXXXX STATION 1, L.L.C.
K. HOVNANIAN HOMES AT XXXXX STATION 2, L.L.C.
K. HOVNANIAN HOMES AT XXXXXXX PLACE, L.L.C.
K. HOVNANIAN HOMES AT RENAISSANCE PLAZA, L.L.C.
K. HOVNANIAN HOMES AT XXXXXXX, L.L.C.
K. HOVNANIAN HOMES AT THE HIGHLANDS, LLC
X. XXXXXXXXX HOMES NORTHERN CALIFORNIA, INC.
X. XXXXXXXXX HOMES OF D.C., L.L.C.
K. HOVNANIAN HOMES OF DELAWARE, L.L.C.
K. HOVNANIAN HOMES OF GEORGIA, L.L.C.
K. HOVNANIAN HOMES OF HOUSTON, L.L.C.
K. HOVNANIAN HOMES OF MARYLAND, L.L.C.
K. HOVNANIAN HOMES OF MINNESOTA, L.L.C.
K. HOVNANIAN HOMES OF NORTH CAROLINA, INC.
X. XXXXXXXXX HOMES OF PENNSYLVANIA, L.L.C.
K. HOVNANIAN HOMES OF SOUTH CAROLINA, LLC
X. XXXXXXXXX HOMES OF VIRGINIA, INC.
X. XXXXXXXXX HOMES OF WEST VIRGINIA, L.L.C.
K. HOVNANIAN LIBERTY ON BLUFF CREEK, LLC
X. XXXXXXXXX NORTH CENTRAL ACQUISITIONS, L.L.C.
K. HOVNANIAN NORTH JERSEY ACQUISITIONS, L.L.C.
K. HOVNANIAN NORTHEAST SERVICES, L.L.C.
K. HOVNANIAN OF HOUSTON II, L.L.C.
K. HOVNANIAN OHIO REALTY, L.L.C.
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X. XXXXXXXXX OSTER HOMES, L.L.C.
K. HOVNANIAN PA REAL ESTATE, INC.
X. XXXXXXXXX PENNSYLVANIA ACQUISITIONS, L.L.C.
K. HOVNANIAN PORT IMPERIAL URBAN RENEWAL, INC.
X. XXXXXXXXX PROPERTIES OF RED BANK, INC.
X. XXXXXXXXX SHORE ACQUISITIONS, L.L.C.
K. HOVNANIAN SOUTH JERSEY ACQUISITIONS, L.L.C.
K. HOVNANIAN SOUTHERN NEW JERSEY, L.L.C.
K. HOVNANIAN STANDING ENTITY, L.L.C.
K. HOVNANIAN SUMMIT HOLDINGS, L.L.C.
K. HOVNANIAN SUMMIT HOMES OF KENTUCKY, L.L.C.
K. HOVNANIAN SUMMIT HOMES OF PENNSYLVANIA, L.L.C.
K. HOVNANIAN SUMMIT HOMES OF WEST VIRGINIA, L.L.C.
K. HOVNANIAN SUMMIT HOMES, L.L.C.
K. HOVNANIAN T&C HOMES AT FLORIDA, L.L.C.
K. HOVNANIAN T&C HOMES AT ILLINOIS, L.L.C.
K. HOVNANIAN T&C INVESTMENT, L.L.C.
K. HOVNANIAN TIMBRES AT ELM CREEK, LLC
X. XXXXXXXXX VENTURE I, L.L.C.
K. HOVNANIAN WINDWARD HOMES, LLC
X. XXXXXXXXX’X FOUR SEASONS AT ASHBURN VILLAGE, L.L.C.
K. HOVNANIAN’S FOUR SEASONS AT XXXXXX’X XXXXX, L.L.C.
K. HOVNANIAN’S FOUR SEASONS AT BAKERSFIELD, L.L.C.
K. HOVNANIAN’S FOUR SEASONS AT BEAUMONT, LLC
X. XXXXXXXXX’X FOUR SEASONS AT CHARLOTTESVILLE, L.L.C.
K. HOVNANIAN’S FOUR SEASONS AT DULLES DISCOVERY CONDOMINIUM, L.L.C.
K. HOVNANIAN’S FOUR SEASONS AT HEMET, LLC
X. XXXXXXXXX’X FOUR SEASONS AT KENT ISLAND CONDOMINIUMS, L.L.C.
K. HOVNANIAN’S FOUR SEASONS AT KENT ISLAND, L.L.C.
K. HOVNANIAN’S FOUR SEASONS AT LOS BANOS, LLC
X. XXXXXXXXX’X FOUR SEASONS AT XXXXXX VALLEY, L.L.C.
K. HOVNANIAN’S FOUR SEASONS AT NEW KENT VINEYARDS, L.L.C.
K. HOVNANIAN’S FOUR SEASONS AT PALM SPRINGS, LLC
X. XXXXXXXXX’X FOUR SEASONS AT RENAISSANCE, L.L.C.
K. HOVNANIAN’S FOUR SEASONS AT RUSH CREEK II, LLC
X. XXXXXXXXX’X FOUR SEASONS AT RUSH CREEK, L.L.C.
K. HOVNANIAN’S FOUR SEASONS AT SILVER MAPLE FARM, L.L.C.
K. HOVNANIAN’S FOUR SEASONS AT ST. MARGARETS LANDING, L.L.C.
K. HOVNANIAN’S FOUR SEASONS AT VINT HILL, L.L.C.
K. HOVNANIAN’S FOUR SEASONS, LLC
X. XXXXXXXXX’X PARKSIDE AT TOWNGATE, L.L.C.
KHIP, L.L.C.
LANDARAMA, INC.
M&M AT CHESTERFIELD, LLC
M&M AT CRESCENT COURT, L.L.C.
M&M AT WEST ORANGE, L.L.C.
M&M AT WHEATENA URBAN RENEWAL, L.L.C.
MATZEL & MUMFORD AT EGG HARBOR, L.L.C.
MATZEL & MUMFORD AT SOUTH BOUND BROOK URBAN RENEWAL, L.L.C.
MCNJ, INC.
MIDWEST BUILDING PRODUCTS & CONTRACTOR SERVICES OF KENTUCKY, L.L.C.
MIDWEST BUILDING PRODUCTS & CONTRACTOR SERVICES OF PENNSYLVANIA, L.L.C.
MIDWEST BUILDING PRODUCTS & CONTRACTOR SERVICES OF WEST VIRGINIA, L.L.C.
MIDWEST BUILDING PRODUCTS & CONTRACTOR SERVICES, L.L.C.
MMIP, L.L.C.
NEW LAND TITLE AGENCY, L.L.C.
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PADDOCKS, L.L.C.
PARK TITLE COMPANY, LLC
PINE AYR, LLC
RIDGEMORE UTILITY, L.L.C.
SEABROOK ACCUMULATION CORPORATION
STONEBROOK HOMES, INC.
TERRAPIN REALTY, L.L.C.
THE HIGHLANDS CONDOMINIUMS AT METROSQUARE, L.L.C.
THE MATZEL & MUMFORD ORGANIZATION, INC
WASHINGTON HOMES AT COLUMBIA TOWN CENTER, L.L.C.
WASHINGTON HOMES, INC.
WESTMINSTER HOMES OF ALABAMA, L.L.C.
WESTMINSTER HOMES OF MISSISSIPPI, LLC
WESTMINSTER HOMES, INC.
WH LAND I, INC.
WH PROPERTIES, INC.
WOODLAND LAKE CONDOMINIUMS AT BOWIE NEW TOWN, L.L.C.
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