THE RYLAND GROUP, INC. Debt Securities Third Amended and Restated Underwriting Agreement Basic Provisions April 15, 2010Underwriting Agreement • April 16th, 2010 • Ryland Group Inc • Operative builders • New York
The basic provisions set forth herein are intended to be incorporated by reference in a terms agreement (a “Terms Agreement”) of the type referred to in Section 2 hereof. With respect to any particular Terms Agreement, the Terms Agreement, together with the provisions hereof incorporated therein by reference, is herein referred to as this “Agreement” and all references herein to the “Terms Agreement” shall refer to each respective Terms Agreement. Terms defined in the Terms Agreement are used herein as therein defined. The term “Representative,” as used herein, means the Underwriter or Underwriters (as defined below) named in a Terms Agreement as Representative or Representatives. If no Underwriter or Underwriters are named in the Terms Agreement as Representative or Representatives, then the terms “Underwriters” and “Representatives” as used herein shall mean the Underwriter (if only one) or all Underwriters (if more than one) listed in such Terms Agreement.
THE RYLAND GROUP, INC. (a Maryland corporation)Terms Agreement • April 16th, 2010 • Ryland Group Inc • Operative builders • New York
Reference is made to The Ryland Group, Inc. Debt Securities Third Amended and Restated Underwriting Agreement Basic Provisions, dated April 15, 2010 (the “Underwriting Agreement”). This Agreement is the Terms Agreement referred to in the Underwriting Agreement. We offer to purchase, on and subject to the terms and conditions of the Underwriting Agreement, the following securities (“Securities”) on the following terms:
