FIFTH AMENDMENT TO LOAN AGREEMENT AND OTHER LOAN DOCUMENTSLoan Agreement • May 17th, 2010 • Bluegreen Corp • Real estate agents & managers (for others) • Virginia
This Fifth Amendment to Loan Agreement and Other Loan Documents (this “Amendment”), dated as of April 16, 2010 (subject to the effectiveness hereof as provided in Paragraph 4 below, the “Effective Date”), is entered into by and among (i) BLUEGREEN CORPORATION OF THE ROCKIES, a Delaware corporation (“Bluegreen of the Rockies”), (ii) BLUEGREEN GOLF CLUBS, INC., a Delaware corporation (“Bluegreen Golf”), (iii)BLUEGREEN PROPERTIES OF VIRGINIA, INC., a Delaware corporation (“Bluegreen Virginia”), (iv) BLUEGREEN SOUTHWEST ONE, L.P., a Delaware limited partnership (“Bluegreen Southwest”), (v) CATAWBA FALLS, LLC, a North Carolina limited liability company (“Catawba Falls”), (vi) BLUEGREEN COMMUNITIES OF TEXAS, L.P., a Delaware limited partnership (“Bluegreen Texas”), (vii) BLUEGREEN COMMUNITIES OF GEORGIA, LLC, a Georgia limited liability company (“Bluegreen Georgia”) (collectively, “Borrower”), (viii) BLUEGREEN CORPORATION, a Massachusetts corporation (“Bluegreen” or “Guarantor”, and collecti
AMENDED, RESTATED AND CONSOLIDATED LOAN AGREEMENTLoan Agreement • May 17th, 2010 • Bluegreen Corp • Real estate agents & managers (for others)
This Amended, Restated and Consolidated Loan Agreement (as amended, modified, restated and supplemented from time to time, this “Agreement”) is entered into as of April 30, 2010, by and between WELLS FARGO BANK, N.A., successor by merger to Wachovia Bank, National Association (the “Bank”), having an address of Jacksonville, Florida, 32202, and BLUEGREEN CORPORATION, a Massachusetts corporation (“BXG”), BLUEGREEN VACATIONS UNLIMITED, INC., a Florida corporation (“BVU”), BLUEGREEN LOUISIANA, LLC, a Delaware limited liability company (“BXG Louisiana”; together with BXG and BVU, collectively, “Pledgors”), and the other Subsidiaries of BXG and BVU listed on the signature pages hereto (the “Other Subsidiaries”; together with Pledgors, collectively, “Borrowers”), having an address of 4960 Conference Way North, Suite 100, Boca Raton, Florida 33431.
