William Lyon Sample Contracts

SEC Documents
Filings
Personal financials
Insider transactions
Previous Companies
director, 10 percent owner, officer: CEO and Chairman of the Board until July 24th, 2006
William Lyon Homes – Contract (February 28th, 2019)

AMENDMENT NO. 1 dated as of December 18, 2018 (this “Amendment”), to the CREDIT AGREEMENT dated as of May 21, 2018 (as amended, supplemented or otherwise modified prior to the date hereof, the “Credit Agreement”), among WILLIAM LYON HOMES, INC., a California corporation (the “Borrower”), WILLIAM LYON HOMES, a Delaware corporation (“Parent”), the lenders from time to time party thereto (the “Lenders”), and JPMORGAN CHASE BANK, N.A., as administrative agent (in such capacity, the “Administrative Agent”) for the Lenders.

William Lyon Homes – WILLIAM LYON HOMES REPORTS SECOND QUARTER 2018 RESULTS 30% INCREASE IN NEW HOME DELIVERIES; 25% INCREASE IN NET NEW HOME ORDERS; (July 31st, 2018)

NEWPORT BEACH, CA— July 31, 2018 — William Lyon Homes (NYSE: WLH), a leading homebuilder in the Western U.S., announced results for its second quarter ended June 30, 2018.

William Lyon Homes – Contract (March 15th, 2018)

AMENDMENT NO. 3 dated as of March 9, 2018 (this “Amendment”), to the SECOND AMENDED AND RESTATED CREDIT AGREEMENT dated as of July 1, 2016 (as amended, supplemented or otherwise modified prior to the date hereof, the “Credit Agreement”), among WILLIAM LYON HOMES, INC., a California corporation (the “Borrower”), WILLIAM LYON HOMES, a Delaware corporation (“Parent”), the lenders from time to time party thereto (the “Lenders”), and CREDIT SUISSE AG, as administrative agent (in such capacity, the “Administrative Agent”) for the Lenders.

William Lyon Homes – William Lyon Homes Announces Pricing of Offering of 6.00% Senior Notes Due 2023 (March 7th, 2018)

NEWPORT BEACH, Calif. — March 6, 2018 — William Lyon Homes (NYSE: WLH) (the “Company”) today announced that it has priced a private offering of $350.0 million in aggregate principal amount of 6.00% senior notes due September 1, 2023 (the “2023 notes”) through its wholly owned subsidiary, William Lyon Homes, Inc. (“California Lyon”). The Company expects to close this offering on March 9, 2018, subject to the satisfaction of customary closing conditions.

William Lyon Homes – William Lyon Homes Announces Proposed Offering of $350.0 Million of Senior Notes due 2023 (March 6th, 2018)

NEWPORT BEACH, Calif. — March 6, 2018 — William Lyon Homes (NYSE: WLH) (the “Company”) today announced that it intends, subject to market conditions, to privately offer $350.0 million in aggregate principal amount of senior notes due 2023 (the “2023 notes”) through its wholly owned subsidiary, William Lyon Homes, Inc. (“California Lyon”).

William Lyon Homes – PURCHASE AND SALE AGREEMENT by and among WILLIAM LYON HOMES, INC., RSI COMMUNITIES LLC, RS EQUITY MANAGEMENT LLC, THE CLASS B SELLERS OF RSI COMMUNITIES LLC, AND RS EQUITY MANAGEMENT LLC, AS THE SELLERS’ REPRESENTATIVE DATED AS OF FEBRUARY 19, 2018 (February 23rd, 2018)

This PURCHASE AND SALE AGREEMENT (this “Agreement”) is dated as of February 19, 2018, by and among William Lyon Homes, Inc., a California corporation (“Buyer”), RSI Communities LLC, a Delaware limited liability company (the “Company”), RS Equity Management LLC, a Delaware limited liability company (the “Class A Seller”), all of the holders of Class B Membership Interests (the “Class B Sellers” and together with the Class A Seller, each a “Seller” and collectively, “Sellers”), and RS Equity Management LLC, a Delaware limited liability company, in its capacity as the representative of Sellers (the “Sellers’ Representative”). Exhibit A contains definitions, or references to the definitions, of the capitalized terms used in this Agreement. Sellers and Buyer are each referred to in this Agreement individually as a “Party” and collectively as the “Parties.”

William Lyon Homes – New Lender Supplement (February 22nd, 2018)

Upon (a) execution and delivery of this New Lender Supplement, dated as of November 28, 2017, by the parties hereto as provided in Section 2.21 of the Credit Agreement and (b) receipt by the Administrative Agent and the undersigned (the “New Lender”) of the certificate referred to in such Section 2.21 the New Lender hereby becomes a Lender under the Credit Agreement having the Commitment set forth in Schedule 1 attached hereto and shall be bound by the obligations in the Credit Agreement as a Lender and entitled to the benefits of the Credit Agreement, effective as of the Increased Facility Closing Date referred to below.

William Lyon Homes – WILLIAM LYON HOMES ANNOUNCES AGREEMENT TO ACQUIRE RSI COMMUNITIES, A SOUTHERN CALIFORNIA AND TEXAS BASED HOMEBUILDER PURCHASE INCLUDES APPROXIMATELY 11,000 LOTS, WITH APPROXIMATELY 7,000 LOTS IN THE ATTRACTIVE AUSTIN, TX MARKET AND OVER 3,000 LOTS IN SOUTHERN CALIFORNIA (February 20th, 2018)

NEWPORT BEACH, CA— February 20, 2018 — William Lyon Homes (the “Company” or “William Lyon Homes”) (NYSE: WLH), a leading homebuilder in the Western U.S., today announced that it has entered into a definitive agreement to acquire RSI Communities (“RSI”), a Southern California and Texas based homebuilder, and three additional related real estate assets for an aggregate cash purchase price of approximately $460 million. The transaction marks the Company’s entry into Texas and is expected to close in the first quarter of 2018, subject to the satisfaction of certain closing conditions.

William Lyon Homes – 3,322,666 Shares WILLIAM LYON HOMES Class A Common Stock, par value $0.01 per share UNDERWRITING AGREEMENT (September 19th, 2017)
William Lyon Homes – Contract (August 8th, 2017)

AMENDMENT NO. 2 dated as of June 16, 2017 (this “Amendment”), to the SECOND AMENDED AND RESTATED CREDIT AGREEMENT dated as of July 1, 2016 (as amended, supplemented or otherwise modified prior to the date hereof, the “Credit Agreement”), among WILLIAM LYON HOMES, INC., a California corporation (the “Borrower”), WILLIAM LYON HOMES, a Delaware corporation (“Parent”), the lenders from time to time party thereto (the “Lenders”), and CREDIT SUISSE AG, as administrative agent (in such capacity, the “Administrative Agent”) for the Lenders.

William Lyon Homes – AMENDMENT NO. 1 dated as of January 27, 2017 (this “Amendment”), to the SECOND AMENDED AND RESTATED CREDIT AGREEMENT dated as of July 1, 2016 (the “Credit Agreement”), among WILLIAM LYON HOMES, INC., a California corporation (the “Borrower”), WILLIAM LYON HOMES, a Delaware corporation (“Parent”), the lenders from time to time party thereto (the “Lenders”), and CREDIT SUISSE AG, as administrative agent (in such capacity, the “Administrative Agent”) for the Lenders. (March 9th, 2017)
William Lyon Homes – William Lyon Homes Announces Expiration of Early Tender Deadline and Consent Solicitation in respect of Outstanding 8.5% Senior Notes due 2020 (January 31st, 2017)

NEWPORT BEACH, Calif. — January 31, 2017 — William Lyon Homes (NYSE: WLH) (the “Company”) today announced, in connection with its offer to purchase for cash (the “Tender Offer”) any and all of the outstanding aggregate principal amount of 8.5% Senior Notes due 2020 (the “2020 notes”) and the consent solicitation (the “Consent Solicitation”) for the Proposed Amendments (as defined below), in each case through its wholly owned subsidiary, William Lyon Homes, Inc. (“California Lyon”) and subject to the terms and conditions specified in the related offer to purchase and consent solicitation statement dated January 17, 2017 (the “Offer to Purchase”), that as of 5:00 PM New York City time on January 30, 2017 (the “Early Tender Deadline”), according to Global Bondholder Services Corporation, approximately $395,648,000 or 93.09% of the outstanding aggregate principal amount of the 2020 notes had been validly tendered and not validly withdrawn in the Tender Offer and Consent Solicitation. Calif

William Lyon Homes – William Lyon Homes Announces Pricing of Offering of 5.875% Senior Notes Due 2025 (January 18th, 2017)

NEWPORT BEACH, Calif. — January 17 ,2017 — William Lyon Homes (NYSE: WLH) (the “Company”) today announced that it has priced a private offering of $450 million in aggregate principal amount of 5.875% senior notes due 2025 (the “2025 notes”) through its wholly owned subsidiary, William Lyon Homes, Inc. The Company expects to close this offering on January 31, 2017, subject to the satisfaction of customary closing conditions.

William Lyon Homes – William Lyon Homes Announces Proposed Tender Offer and Consent Solicitation in respect of Outstanding 8.5% Senior Notes due 2020 (January 17th, 2017)

NEWPORT BEACH, Calif. — January 17, 2017 — William Lyon Homes (NYSE: WLH) (the “Company”) today announced that it is commencing an offer to purchase for cash (the “Tender Offer”) any and all of the outstanding aggregate principal amount of 8.5% Senior Notes due 2020 (the “2020 notes”) through its wholly owned subsidiary, William Lyon Homes, Inc. (“California Lyon”) subject to the terms and conditions specified in the related offer to purchase and consent solicitation statement dated January 17, 2017 (the “Offer to Purchase”). The Company concurrently announced that it is soliciting consents (the “Consent Solicitation”) through California Lyon from holders of the 2020 notes to amend the indenture governing the 2020 notes to eliminate substantially all of the restrictive covenants and certain events of default and reduce the minimum notice period required for optional redemptions of the 2020 notes to two business days on the terms and subject to the conditions set forth in the Offer to P

William Lyon Homes – William Lyon Homes Announces Proposed Offering of Senior Notes due 2025 (January 17th, 2017)

NEWPORT BEACH, Calif. — January 17, 2017 — William Lyon Homes (NYSE: WLH) (the “Company”) today announced that it intends, subject to market conditions, to privately offer $450 million in aggregate principal amount of senior notes due 2025 (the “2025 notes”) through its wholly owned subsidiary, William Lyon Homes, Inc.

William Lyon Homes – Contract (July 7th, 2016)

AMENDMENT AND RESTATEMENT AGREEMENT dated as of July 1, 2016 (this “Amendment Agreement”), among WILLIAM LYON HOMES, INC., a California corporation (the “Borrower”), WILLIAM LYON HOMES, a Delaware corporation (“Parent”), each subsidiary of the Borrower party hereto, the lenders listed on Schedule I hereto (the “Lenders”) and CREDIT SUISSE AG, as administrative agent (in such capacity, the “Administrative Agent”).

William Lyon Homes – Position & Duties: You will be employed as the Company’s Chairman Emeritus. You will have all the rights, powers, authority, functions, duties and responsibilities customarily associated with the position of a chairman emeritus, as well as any that may be additionally assigned to you by the Board of Directors of the Company (the “Board”) that are commensurate with your position and status. Salary: Your annual base salary will be not less than $1,000,000, payable in accordance with the Company’s payroll practices for its other senior executives, but in no event less frequently than bi-weekly. B (March 24th, 2016)
William Lyon Homes – AMENDMENT NO. 1 dated as of December 21, 2015 (this “Amendment”), to the AMENDED AND RESTATED CREDIT AGREEMENT dated as of March 27, 2015 (the “Credit Agreement”), among WILLIAM LYON HOMES, INC., a California corporation (the “Borrower”), WILLIAM LYON HOMES, a Delaware corporation (“Parent”), the lenders from time to time party thereto (the “Lenders”), and CREDIT SUISSE AG, as administrative agent (in such capacity, the “Administrative Agent”) for the Lenders. (March 11th, 2016)
William Lyon Homes – William Lyon Homes Announces Pricing of Tack-On Offering of 7.00% Senior Notes due 2022 Offering priced at 102% to yield 6.412% (September 11th, 2015)

NEWPORT BEACH, Calif. — September 10, 2015 — William Lyon Homes (NYSE: WLH) (the “Company”) announced today that it has priced a private offering of $50 million in aggregate principal amount of 7.00% senior notes due 2022 through its wholly owned subsidiary, William Lyon Homes, Inc., in a tack-on offering. The additional notes will be issued at an offering price of 102% of their face amount (plus accrued interest from August 15, 2015), which is a yield of 6.412% to the first par redemption date. The Company expects to close the offering on September 15, 2015, subject to the satisfaction of customary closing conditions.

William Lyon Homes – William Lyon Homes Announces Proposed Tack-On Offering of 7.00% Senior Notes due 2022 (September 10th, 2015)

NEWPORT BEACH, Calif. — September 10, 2015 — William Lyon Homes (NYSE: WLH) (the “Company”) today announced that it intends, subject to market conditions, to privately offer $50 million in aggregate principal amount of 7.00% senior notes due 2022 through its wholly owned subsidiary, William Lyon Homes, Inc., in a tack-on offering.

William Lyon Homes – 2,000,000 Shares WILLIAM LYON HOMES Class A Common Stock, par value $0.01 per share UNDERWRITING AGREEMENT August 13, 2015 (August 19th, 2015)
William Lyon Homes – AMENDED AND RESTATED BYLAWS OF WILLIAM LYON HOMES (hereinafter called the “Corporation”) (July 22nd, 2015)
William Lyon Homes – AMENDED AND RESTATED BYLAWS OF WILLIAM LYON HOMES (hereinafter called the “Corporation”) (July 22nd, 2015)
William Lyon Homes – AMENDMENT AND RESTATEMENT AGREEMENT dated as of March 27, 2015 (this “Amendment Agreement”), among WILLIAM LYON HOMES, INC., a California corporation (the “Borrower”), WILLIAM LYON HOMES, a Delaware corporation (“Parent”), each subsidiary of the Borrower party hereto, the lenders listed on Schedule I hereto (the “Lenders”) and CREDIT SUISSE AG, as administrative agent (in such capacity, the “Administrative Agent”). (May 8th, 2015)

AMENDED AND RESTATED CREDIT AGREEMENT (this “Agreement”) dated as of March 27, 2015, among WILLIAM LYON HOMES, INC., a California corporation (the “Borrower”), WILLIAM LYON HOMES, a Delaware corporation (“Parent”), the lenders from time to time party hereto (the “Lenders”), and CREDIT SUISSE AG, as Administrative Agent (as hereinafter defined).

William Lyon Homes – Position & Duties: You will be employed as the Company’s Executive Chairman. You will have all the rights, powers, authority, functions, duties and responsibilities customarily associated with the position of an executive chairman, as well as any that may be additionally assigned to you by the Board of Directors of the Company (the “Board”) that are commensurate with your position and status. Among your other duties, you will be actively engaged in, and have responsibility, working with the Board and the Company’s Chief Executive Officer, for the overall leadership and strategic direction of t (April 2nd, 2015)
William Lyon Homes – AMENDMENT TO EMPLOYMENT AGREEMENT (December 31st, 2014)

THIS AMENDMENT TO EMPLOYMENT AGREEMENT (this “Amendment”) is made and entered into effective as of December 31, 2014 (the “Effective Date”), by and among William Lyon Homes, a Delaware corporation (“Parent”), William Lyon Homes, Inc., a California corporation (the “Company”), and General William Lyon ( “Executive”).

William Lyon Homes – AMENDMENT TO EMPLOYMENT AGREEMENT (December 31st, 2014)

THIS AMENDMENT TO EMPLOYMENT AGREEMENT (this “Amendment”) is made and entered into effective as of December 31, 2014 (the “Effective Date”), by and among William Lyon Homes, a Delaware corporation (“Parent”), William Lyon Homes, Inc., a California corporation (the “Company”), and William H. Lyon ( “Executive”).

William Lyon Homes – WILLIAM LYON HOMES as Issuer and U.S. BANK NATIONAL ASSOCIATION as Purchase Contract Agent, as Attorney-in-Fact for the Holders from time to time as provided herein and as Trustee under the Indenture referred to herein PURCHASE CONTRACT AGREEMENT Dated as of November 21, 2014 (November 21st, 2014)

PURCHASE CONTRACT AGREEMENT, dated as of November 21, 2014, among WILLIAM LYON HOMES, a Delaware corporation (the “Company”), U.S. BANK NATIONAL ASSOCIATION, a national banking association, acting as purchase contract agent and attorney-in-fact for the Holders of Purchase Contracts (as defined herein) from time to time (the “Purchase Contract Agent”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association, acting as Trustee under the Indenture (as defined herein).

William Lyon Homes – WILLIAM LYON HOMES 1,000,000 6.50% TANGIBLE EQUITY UNITS UNDERWRITING AGREEMENT (November 21st, 2014)
William Lyon Homes – Contract (November 12th, 2014)

AMENDMENT NO. 1 dated as of July 3, 2014 (this “Amendment”), to the Credit Agreement dated as of August 7, 2013 (the “Credit Agreement”), among WILLIAM LYON HOMES, INC., a California corporation (the “Borrower”), WILLIAM LYON HOMES, a Delaware corporation (“Parent”), the lenders from time to time party thereto (the “Lenders”), and CREDIT SUISSE AG, as administrative agent (in such capacity, the “Administrative Agent”) for the Lenders.

William Lyon Homes – William Lyon Homes Announces Pricing of 7.00% Senior Notes due 2022 (August 1st, 2014)

NEWPORT BEACH, Calif. — July 31, 2014 — William Lyon Homes (NYSE: WLH) (the “Company”) today announced it has priced a private offering of $300 million in aggregate principal amount of 7.00% senior notes due 2022 (the “2022 Notes”) through its wholly owned subsidiary, WLH PNW Finance Corp. (the “Escrow Subsidiary”). The Company expects the 2022 Notes offering to close on August 11, 2014, subject to the satisfaction of customary closing conditions.

William Lyon Homes – William Lyon Homes Announces Proposed Notes Offerings $250 Million of Senior Notes due 2022 $50 Million of Additional 5.75% Notes due 2019 (July 30th, 2014)

NEWPORT BEACH, Calif. — July 30, 2014 — William Lyon Homes (NYSE: WLH) (the “Company”) announced today its intention, subject to market and other conditions, to privately offer (i) $250 million in aggregate principal amount of senior notes due 2022 (the “2022 Notes”) through its wholly owned subsidiary, WLH PNW Finance Corp. (the “Escrow Subsidiary”), and (ii) $50 million in aggregate principal amount of additional 5.75% senior notes due 2019 (the “Additional 2019 Notes”) through its wholly owned subsidiary, William Lyon Homes, Inc. (“California Lyon”).

William Lyon Homes – WILLIAM LYON HOMES ANNOUNCES AGREEMENT TO ACQUIRE THE RESIDENTIAL HOMEBUILDING BUSINESS OF POLYGON NORTHWEST HOMES; TRANSACTION WILL EXPAND WILLIAM LYON HOMES’ PRESENCE TO THE PACIFIC NORTHWEST Purchase Includes Over 4,200 Well- Positioned Lots in the Attractive Seattle, WA and Portland, OR Markets Transaction Solidifies William Lyon Homes’ Position as the Premier Western U.S. Regional Homebuilder William Lyon Homes Will Host a Conference Call Today, June 23, 2014, at 8:30a.m. EDT / 5:30 a.m. PDT to Discuss the Transaction (Details Below) (June 23rd, 2014)

NEWPORT BEACH, Calif., and BELLEVUE, Wash., June 23, 2014 — William Lyon Homes (the “Company” or “William Lyon Homes”) (NYSE: WLH), one of the largest Western U.S. regional homebuilders, and Polygon Northwest Company L.L.C. (“Polygon Northwest”), the largest private homebuilder in the Pacific Northwest, today announced that they have entered into a definitive purchase agreement pursuant to which William Lyon Homes will acquire the residential homebuilding business of Polygon Northwest for a cash purchase price of approximately $520 million. The transaction marks the Company’s entry into the Pacific Northwest region, and is expected to close in the third quarter of 2014, subject to the satisfaction of certain closing conditions.

William Lyon Homes – WILLIAM LYON HOMES, INC., as Issuer THE GUARANTORS named herein, and U.S. BANK NATIONAL ASSOCIATION, as Trustee INDENTURE Dated as of March 31, 2014 5.75% Senior Notes Due 2019 (April 1st, 2014)

INDENTURE dated as of March 31, 2014, among WILLIAM LYON HOMES, INC., a California corporation (the “Company”), the Guarantors (as hereinafter defined) that from time to time become parties to this Indenture and U.S. BANK NATIONAL ASSOCIATION (the “Trustee”).

William Lyon Homes – 2,000,000 Shares WILLIAM LYON HOMES Class A Common Stock, par value $0.01 per share UNDERWRITING AGREEMENT (April 1st, 2014)