Exhibit 10.21 CREDIT AGREEMENT AMONG CLUB CORPORATION INTERNATIONAL CERTAIN LENDERS NAMED HEREIN NATIONSBANK, N.A., AS ADMINISTRATIVE AGENT AND CREDIT LYONNAIS NEW YORK BRANCH AND FIRST UNION NATIONAL BANK AS CO-AGENTS May 27, 1998 TABLE OF CONTENTS...Credit Agreement • August 3rd, 1998 • Club Corp International • Services-membership sports & recreation clubs • Texas
