SECOND AMENDMENT TO CREDIT AGREEMENTCredit Agreement • July 27th, 2016 • Copart Inc • Retail-auto dealers & gasoline stations • New York
THIS SECOND AMENDMENT TO CREDIT AGREEMENT (this “Amendment”), dated as of July 21, 2016, is by and among COPART, INC., a Delaware corporation (the “Borrower”), the Subsidiaries of the Borrower party hereto (collectively, the “Guarantors”), the Lenders party hereto and BANK OF AMERICA, N.A., as administrative agent (in such capacity, the “Administrative Agent”). Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed thereto in the Credit Agreement (as hereinafter defined).
Re: Amendment No. 1 to Note Purchase AgreementCopart Inc • July 27th, 2016 • Retail-auto dealers & gasoline stations • New York
Reference is made to that certain Note Purchase Agreement, dated as of December 3, 2014 (the “Note Agreement”), among Copart, Inc., a Delaware corporation (the “Company”), on the one hand, and the Purchasers named on Schedule B attached thereto, on the other hand. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Note Agreement.
