CREDIT AGREEMENT dated as of February 6, 2020 Among TAYLOR MORRISON COMMUNITIES, INC., as Borrower TAYLOR MORRISON HOME III CORPORATION, as Holdings TAYLOR MORRISON HOLDINGS, INC., as U.S. Holdings TAYLOR MORRISON FINANCE, INC. as U.S. FinCo THE...Credit Agreement • February 6th, 2020 • Taylor Morrison Home Corp • Operative builders • New York
This CREDIT AGREEMENT is dated as of February 6, 2020, and entered into by and among TAYLOR MORRISON COMMUNITIES, INC., a Delaware corporation (the “Borrower”), TAYLOR MORRISON HOME III CORPORATION, a Delaware corporation (“Holdings”), TAYLOR MORRISON HOLDINGS, INC., a Delaware corporation (“U.S. Holdings”), TAYLOR MORRISON FINANCE, INC., a Delaware corporation (“U.S. FinCo”), EACH LENDER FROM TIME TO TIME PARTY HERETO (each individually referred to herein as a “Lender” and collectively as “Lenders”) and CITIBANK, N.A., as administrative agent for the Lenders (in such capacity, the “Administrative Agent”).
THIS WARRANT AND THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE TRANSFERRED IN VIOLATION OF SUCH ACT AND THE RULES AND REGULATIONS THEREUNDER No. of Shares of Common Stock: 1,704,205Warrant Agreement • February 6th, 2020 • Taylor Morrison Home Corp • Operative builders • Delaware
THIS WARRANT (referred to herein as this “Warrant”) IS TO CERTIFY THAT LYON SHAREHOLDER 2012, LLC, a Delaware limited liability company (“Holder”) is entitled, at any time prior to the Expiration Date (as hereinafter defined), to purchase from TAYLOR MORRISON HOME CORPORATION, a Delaware corporation (the “Company”), up to 1,704,205 shares of Common Stock (as hereinafter defined and subject to adjustment as provided herein), in whole or in part, at the Current Warrant Price (as defined herein), all on the terms and conditions and pursuant to the provisions hereinafter set forth.
