REAFFIRMATION AGREEMENTReaffirmation Agreement • February 15th, 2022 • Bluegreen Vacations Holding Corp • Real estate
THIS REAFFIRMATION AGREEMENT (this “Reaffirmation”) is made as of February 14, 2022, by BLUEGREEN VACATIONS CORPORATION, a Florida corporation (the “Reaffirming Borrower”, and the “Reaffirming Pledgor”), by Bluegreen Vacations Unlimited, Inc., a Florida corporation (“BVU”), Bluegreen Resorts Management, Inc., a Delaware corporation (“BRM”), Bluegreen Nevada, LLC, a Delaware limited liability company (“BNV”), Bluegreen Louisiana, LLC, a Delaware limited liability company (“BL”), Bluegreen New Jersey, LLC, a Delaware limited liability company (“BNJ”), and TFRI 2013-1 LLC, a Delaware limited liability company (“TFRI” and together with each of BVU, BRM, BNV, BL and BNJ and each other Guarantor (as defined in the Credit Agreement) party thereto from time to time, each individually, a “Reaffirming Grantor” and, collectively, the “Reaffirming Grantors”), in favor of FIFTH THIRD BANK, NATIONAL ASSOCIATION (the “Administrative Agent”) for the benefit of the Lenders.
