COMMITMENT INCREASE AGREEMENTCommitment Increase Agreement • November 21st, 2005 • Meritage Homes CORP • Operative builders
This Commitment Increase Agreement (this “Agreement”) dated as of November 18, 2005, is entered into among Meritage Homes Corporation, a Maryland corporation (the “Borrower”), U.S. Bank, National Association, in its capacity as a Lender (“U.S. Bank”), Wells Fargo Bank, National Association, in its capacity as a Lender (“Wells Fargo”), Wachovia Bank, National Association, in its capacity as a Lender (“Wachovia”), PNC Bank, National Association, in its capacity as a Lender (“PNC”), Compass Bank, in its capacity as a Lender (“Compass”) (U.S. Bank, Wells Fargo, Wachovia, PNC and Compass are hereafter sometimes referred to collectively as the “Increasing Lenders”), SunTrust Bank, in its capacity as a Lender (“SunTrust”), The Northern Trust Company, in its capacity as a Lender (“Northern Trust”), Deutsche Bank Trust Company Americas, in its capacity as a Lender (“Deutsche Bank”), Citicorp North America, Inc., in its capacity as a Lender (“Citicorp”), UBS Loan Finance LLC, in its capacity as
