SECOND AMENDMENT AGREEMENTSecond Amendment Agreement • August 13th, 2003 • Ryland Group Inc • Operative builders
This Second Amendment Agreement dated as of July 8, 2003 (“Amendment”), is entered into with reference to the 2002 Revolving Credit Agreement dated as of August 22, 2002, as amended (the “Credit Agreement”), by and among THE RYLAND GROUP, INC., a Maryland corporation (“Company”), the Lenders party thereto, BANK OF AMERICA, N.A., as Administrative Agent (the “Administrative Agent”), BANK ONE, NA and WACHOVIA BANK, NATIONAL ASSOCIATION, as syndication agents, GUARANTY BANK, as documentation agent, and SUNTRUST BANK, as managing agent. Pursuant to Section 2.10 of the Credit Agreement, Company and Administrative Agent, acting on behalf of the Lenders under the Credit Agreement, hereby agree to amend the Credit Agreement as follows:
