CREDIT AGREEMENT among LIFE TIME FITNESS, INC. as Borrower, THE BANKS FROM TIME TO TIME PARTY HERETO, and and Dated as of April 15, 2005Credit Agreement • April 21st, 2005 • Life Time Fitness Inc • Services-membership sports & recreation clubs • Minnesota
THIS CREDIT AGREEMENT, dated as of April 15, 2005, is by and among LIFE TIME FITNESS, INC., a corporation organized under the laws of the State of Minnesota, (the “Borrower”), the banks from time to time party hereto (individually, a “Bank” and, collectively, the “Banks”), and U. S. BANK NATIONAL ASSOCIATION, a national banking association, one of the Banks, as Administrative Agent for the Banks (in such capacity, the “Agent”) and Lead Arranger, and J. P. MORGAN SECURITIES INC., as Syndication Agent.
EXECUTION FORM SECURITY AGREEMENTSecurity Agreement • April 21st, 2005 • Life Time Fitness Inc • Services-membership sports & recreation clubs • Minnesota
This SECURITY AGREEMENT is made as of April 15, 2005 (the “Agreement”), by Life Time Fitness, Inc., a Minnesota corporation, with an office at 6442 City West Parkway, Eden Prairie, MN 55344 (the “Borrower”), in favor of U. S. Bank National Association, a national banking association with an office at U. S. Bancorp Center, 800 Nicollet Mall, Minneapolis, MN 55402, as administrative agent (in such capacity the “Agent”) for the benefit of the “Secured Parties”(as hereinafter defined).
