1,500,000,000 REVOLVING CREDIT FACILITY SIXTH AMENDED AND RESTATED CREDIT AGREEMENTRevolving Credit Facility • June 6th, 2006 • Hovnanian Enterprises Inc • Operative builders • New Jersey
THIS SIXTH AMENDED AND RESTATED CREDIT AGREEMENT is dated May 31, 2006 and is made by and among K. HOVNANIAN ENTERPRISES, INC., a California corporation (the “Borrower”), HOVNANIAN ENTERPRISES, INC., a Delaware corporation (“Hovnanian” and a “Guarantor”), the LENDERS (as hereinafter defined), and PNC BANK, NATIONAL ASSOCIATION, in its capacity as administrative agent for the Lenders under this Agreement (hereinafter referred to in such capacity as the “Agent”).
AMENDED AND RESTATED GUARANTY AND SURETYSHIP AGREEMENTGuaranty and Suretyship Agreement • June 6th, 2006 • Hovnanian Enterprises Inc • Operative builders
THIS AMENDED AND RESTATED GUARANTY AND SURETYSHIP AGREEMENT (the “Guarantee”) is made and entered into May 31, 2006, by each of the entities listed on the signature pages hereto (each a “Guarantor” and collectively, the “Guarantors”), in favor of PNC BANK, NATIONAL ASSOCIATION, including its successors and assigns, as administrative agent for the Lenders under the Credit Agreement described below (the “Agent”).
