BORROWING BASE LOAN AGREEMENT (Syndicated Revolving Line of Credit) between WILSON FAMILY COMMUNITIES, INC., a Delaware corporation 8121 Bee Caves Road, Austin, Texas 78746 and each “BORROWER PARTY” (as defined herein and which is a signatory hereto)...Borrowing Base Loan Agreement • August 14th, 2007 • Wilson Holdings, Inc. • Land subdividers & developers (no cemeteries)
This BORROWING BASE LOAN AGREEMENT (Syndicated Revolving Line of Credit) ("Agreement"), dated for reference purposes as of the date set forth on the cover page of this Agreement, is made and entered into by and between WILSON FAMILY COMMUNITIES, INC., a Delaware corporation, whose address is set forth above (“Wilson”) and/or each additional “Borrower Party” (as defined below and which is a signatory hereto) (Wilson and each and every Borrower Party individually and collectively, as applicable, shall be referred to in the singular as “Borrower”), and RBC CENTURA BANK, a North Carolina banking corporation, whose address is set forth above (individually, as a “Lender,” and as “Agent” for all “Lenders” [all as defined below]), and those certain Lenders listed on the signatures page(s) below. Borrower, Agent, and Lenders, for and in consideration of the recitals and mutual promises contained herein, confirm and agree as follows.
