2002 REVOLVING CREDIT AGREEMENT Dated as of August 22, 2002 among THE RYLAND GROUP, INC., as the Company, THE LENDERS NAMED HEREIN BANK OF AMERICA, N.A., as Administrative Agent, BANK ONE, NA, as Syndication Agent, WACHOVIA BANK, NATIONAL ASSOCIATION,...2002 Revolving Credit Agreement • November 14th, 2002 • Ryland Group Inc • Operative builders • Illinois
This 2002 Revolving Credit Agreement (“Agreement”) is dated as of August 22, 2002, by and among THE RYLAND GROUP, INC., a Maryland corporation (the “Company”), the several financial institutions from time to time party to this Agreement (collectively, the “Lenders” and individually, a “Lender”), BANK OF AMERICA, N.A., as administrative agent for the Lenders (in such capacity, the “Administrative Agent”), BANK ONE, NA and WACHOVIA BANK, NATIONAL ASSOCIATION, as syndication agents (each, in such capacity, a “Syndication Agent”), GUARANTY BANK, as documentation agent (in such capacity, the “Documentation Agent”), and SUNTRUST BANK, as managing agent (in such capacity, the “Managing Agent”), and is made with reference to the facts set forth below.
