0001062993-09-000667 Sample Contracts

CARBIZ AUTO CREDIT, INC., CARBIZ AUTO CREDIT JV1, LLC, CARBIZ AUTO CREDIT AQ, INC., TEXAS AUTO CREDIT, INC., CARBIZ AUTO CREDIT IN1, INC., CARBIZ AUTO CREDIT IN2, INC., CARBIZ AUTO CREDIT IN3, INC., CARBIZ AUTO CREDIT IN4, INC., AND CARBIZ AUTO CREDIT...

Loan and Security Agreement • February 26th, 2009 • Carbiz Inc • Retail-auto dealers & gasoline stations • Indiana

• Contract Type
  Loan and Security Agreement
• Filed
  February 26th, 2009
• Company
  Carbiz Inc
• Industry
  Retail-auto dealers & gasoline stations
• Jurisdiction
  Indiana

THIS FOURTH AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (this “Agreement”) which is executed on February 25, 2009 but is effective as of February 20, 2009 (the “New Effective Date”) is entered into by and among (a) CARBIZ AUTO CREDIT, INC., a Florida corporation (“Carbiz Auto”), CARBIZ AUTO CREDIT JV1, LLC, a Florida limited liability company (“Carbiz LLC”), CARBIZ AUTO CREDIT AQ, INC., a Florida corporation (“Carbiz AQ”), TEXAS AUTO CREDIT, INC., a Florida corporation (“Houston Auto”); CARBIZ AUTO CREDIT IN1, INC., a Florida corporation (“Carbiz IN1”), CARBIZ AUTO CREDIT IN2, INC., a Florida corporation (“Carbiz IN2”), CARBIZ AUTO CREDIT IN3, INC., a Florida corporation (“Carbiz IN3”), CARBIZ AUTO CREDIT IN4, INC., a Florida corporation (“Carbiz IN4”), and CARBIZ AUTO CREDIT NE, INC., a Florida corporation (“Carbiz NE”; Carbiz NE, Carbiz IN1, Carbiz IN2, Carbiz IN3, Carbiz IN4, Houston Auto, Carbiz Auto, Carbiz LLC and Carbiz AQ are sometimes referred to herein individually as a

SIXTH AMENDMENT TO AND REAFFIRMATION OF SUBORDINATION AND INTERCREDITOR AGREEMENT

Subordination and Intercreditor Agreement • February 26th, 2009 • Carbiz Inc • Retail-auto dealers & gasoline stations

• Contract Type
  Subordination and Intercreditor Agreement
• Filed
  February 26th, 2009
• Company
  Carbiz Inc
• Industry
  Retail-auto dealers & gasoline stations

This SIXTH AMENDMENT TO AND REAFFIRMATION OF SUBORDINATION AND INTERCREDITOR AGREEMENT (this “Reaffirmation”) is executed on February 23, 2009, but is effective as of the New Effective Date under the Fourth Amended and Restated Loan Agreement (as defined below) by and among CARBIZ INC., a corporation incorporated under the laws of the province of Ontario, Canada (“Carbiz Parent”), CARBIZ USA INC., a Delaware corporation (“Carbiz USA”), CARBIZ AUTO CREDIT, INC., a Florida corporation (“Carbiz Auto”), CARBIZ AUTO CREDIT AQ, INC., a Florida corporation (“Carbiz AQ”), TEXAS AUTO CREDIT, INC., a Florida corporation (“Houston Auto”), CARBIZ AUTO CREDIT JV1, LLC, a Florida limited liability company (“Carbiz LLC”), CARBIZ AUTO CREDIT IN1, INC., a Florida corporation (“Carbiz IN1”), CARBIZ AUTO CREDIT IN2, INC. a Florida corporation (“Carbiz IN2”), CARBIZ AUTO CREDIT IN3, INC., a Florida corporation (“Carbiz IN3”), CARBIZ AUTO CREDIT IN4, INC., a Florida corporation (“Carbiz IN4”), and CARBIZ A