UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of The Securities Exchange Act of 1934
March
29, 2006
Date
of Report (Date of earliest event reported)
LENNAR
CORPORATION
(Exact
name of registrant as specified in its charter)
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Delaware
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1-11749
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95-4337490
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(State
or other jurisdiction
of
incorporation)
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(Commission
File Number)
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(IRS
Employer
Identification
No.)
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700
Northwest 107th
Avenue, Miami, Florida 33172
(Address
of principal executive offices) (Zip Code)
(305)
559-4000
(Registrant’s
telephone number, including area code)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act
(17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act
(17 CFR 240.13e-4(c))
Item
1.01. Entry
into a Material Definitive Agreement.
On
March
29, 2006, Lennar Corporation (the “Company”) initiated a commercial paper
program (the “Program”) under which the Company may, from time-to-time, issue
short-term unsecured notes in an aggregate amount not to exceed $2.0 billion.
The Company anticipates that this program will allow it to obtain more favorable
short-term borrowing rates than it would obtain otherwise.
In
connection with the Program, the Company entered into a Master Issuing
and Paying Agency Agreement with JPMorgan Chase Bank, N.A. A copy of this
agreement is filed as an exhibit to this Current Report on Form 8-K. The
Program is exempt from the registration requirements of the Securities Act
of
1933 pursuant to Section 3(a)(3) of such act. Issuances under the Program
will be guaranteed by all of the Company's wholly-owned subsidiaries
that are also guarantors of its credit facility. JPMorgan Chase Bank, N.A.
is the administrative agent for the credit facility. From time-to-time, the
paying agent or its affiliates may provide investment banking services to
the Company or may act as a lender or member of a syndicate of lenders to the
Company.
Item
9.01. Financial Statements and Exhibits.
(c)
Exhibits.
The
following exhibits are filed as part of this Current Report on Form 8-K.
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Exhibit
No.
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Description
of Document
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10.1
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Master
Issuing and Paying Agency Agreement, dated March 29, 2006, between
Lennar
Corporation and JPMorgan Chase Bank,
N.A.
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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LENNAR
CORPORATION |
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| Date: April
4, 2006 |
By:
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/s/ Bruce E.
Gross
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Name:
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Bruce E. Gross |
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Title:
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Vice
President and Chief Financial Officer
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EXHIBIT
INDEX
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Exhibit
No.
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Description
of Document
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10.1
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Master
Issuing and Paying Agency Agreement, dated March 29, 2006, between
Lennar
Corporation and JPMorgan Chase Bank,
N.A.
|