REVOLVING AND TERM CREDIT AGREEMENT DATED AS OF DECEMBER 14, 2007 AMONG FORESTAR (USA) REAL ESTATE GROUP INC., as Borrower, FORESTAR REAL ESTATE GROUP INC. AND THE WHOLLY OWNED SUBSIDIARIES OF BORROWER SIGNATORY HERETO, as Guarantors, AND KEYBANK...Revolving and Term Credit Agreement • December 17th, 2007 • Forestar Real Estate Group Inc. • Real estate
THIS REVOLVING AND TERM CREDIT AGREEMENT (this “Agreement”) is made the 14th day of December, 2007, by and among FORESTAR (USA) REAL ESTATE GROUP INC., a Delaware corporation, as borrower (“Borrower”), having its principal place of business at 1300 South MoPac Expressway, Austin, Texas 78746, FORESTAR REAL ESTATE GROUP INC., a Delaware corporation (“Forestar Group”), and the wholly owned, direct and indirect Subsidiaries of Borrower now or hereafter signatory hereto, as guarantors (collectively with Forestar Group, “Guarantors”), KEYBANK NATIONAL ASSOCIATION, a national banking association (“KeyBank”), as Swing Line Lender, and with the other lending institutions that are or may become parties hereto pursuant to §18 as lenders (“Lenders”), KEYBANK NATIONAL ASSOCIATION, as administrative agent (“Agent”) for itself and the other Lenders, GENERAL ELECTRIC CREDIT CORPORATION and AgFIRST FARM CREDIT BANK, as Co-Syndication Agents, and KEYBANC CAPITAL MARKETS, as sole arranger and sole bookr
