1997 REVOLVING LOAN AGREEMENT Dated as of April 21, 1997 Sample Clauses

1997 REVOLVING LOAN AGREEMENT Dated as of April 21, 1997. This 1997 Revolving Loan Agreement ("Agreement") is entered into by and among Kaufman and Broad Home Corporation, a Delaware corporation ("Borrower"), each bank set forth on the signature pages of this Agreement or which from time to time becomes party hereto (collectively, the "Banks" and individually, a "Bank") and Bank of America National Trust and Savings Association, as Administrative Agent and Co-Syndication Agent, NationsBank of Texas, N.A., as Syndication Agent and Credit Lyonnais, as Documentation Agent (collectively, the "Managing Agents") and Guaranty Federal Bank F.S.B., Societe Generale and Union Bank of California, N.A., as Co-Agents. RECITALS This Agreement is an amendment and restatement in full of that certain Fourth Amended and Restated Loan Agreement dated as of February 28, 1996 by and among Borrower, the Banks named therein, Bank of America National Trust and Savings Association, as Administrative Agent and various other Banks in various agent capacities (the "Prior Loan Agreement"). The terms and provisions of this Agreement shall become effective and shall supersede the terms of the Prior Loan Agreement as of the 1997 Closing Date. WHEREFORE, in consideration of the mutual covenants and agreements herein contained, the parties hereto covenant and agree as follows: