0001193125-04-127349 Sample Contracts

FIRST AMENDMENT TO LOAN AGREEMENT
Loan Agreement • July 29th, 2004 • Clubcorp Inc • Services-membership sports & recreation clubs

FIRST AMENDMENT TO LOAN AGREEMENT this First Amendment to Loan Agreement (this “First Amendment”) dated to be effective as of June 30, 2004, is made and executed by TEXTRON FINANCIAL CORPORATION, a Delaware corporation (“Textron”), DORFINCO CORPORATION, a Delaware corporation (“Dorfinco”) (collectively Textron and Dorfinco are referred to as Lender”), CLUBCORP, INC., a Delaware corporation (“ClubCorp”), and each of the undersigned affiliates of ClubCorp (referred to herein individually as a Borrower” and collectively as the “Borrowers”).

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