GUARANTEE AGREEMENT CRESCENT BANKING COMPANY Dated as of May 18, 2006Guarantee Agreement • May 24th, 2006 • Crescent Banking Co • State commercial banks • New York
This GUARANTEE AGREEMENT (the “Guarantee”), dated as of May 18, 2006, is executed and delivered by Crescent Banking Company, incorporated in Georgia (the “Guarantor”), and Wells Fargo Bank, National Association, a national banking association with its principal place of business in the State of Delaware, as trustee (the “Guarantee Trustee”), for the benefit of the Holders (as defined herein) from time to time of the Capital Securities (as defined herein) of Crescent Capital Trust III, a Delaware statutory trust (the “Issuer”).
