{"component": "definition", "props": {"groups": [{"size": 103, "samples": [{"hash": "8qXIsJsjQFy", "uri": "/contracts/8qXIsJsjQFy#credit-acceptance", "label": "Trust Agreement (Credit Acceptance Corp)", "score": 37.3559206023, "published": true}, {"hash": "74TVKE4ev8L", "uri": "/contracts/74TVKE4ev8L#credit-acceptance", "label": "Trust Agreement (Credit Acceptance Corp)", "score": 36.882270813, "published": true}, {"hash": "icVE5haRoSm", "uri": "/contracts/icVE5haRoSm#credit-acceptance", "label": "Trust Agreement (Credit Acceptance Corp)", "score": 36.2498283386, "published": true}], "snippet_links": [{"key": "credit-acceptance-corporation", "type": "definition", "offset": [6, 35]}, {"key": "michigan-corporation", "type": "definition", "offset": [39, 59]}], "snippet": "means Credit Acceptance Corporation, a Michigan corporation.", "hash": "342ecc88cd9cca285f0cfaa0589301b8", "id": 1}, {"size": 11, "samples": [{"hash": "2HVy2cKIFi7", "uri": "/contracts/2HVy2cKIFi7#credit-acceptance", "label": "Loan and Security Agreement (Credit Acceptance Corp)", "score": 36.7289543152, "published": true}, {"hash": "cHQT78YgGN7", "uri": "/contracts/cHQT78YgGN7#credit-acceptance", "label": "Loan and Security Agreement (Credit Acceptance Corp)", "score": 36.5893211365, "published": true}, {"hash": "7Ocly4RVvAv", "uri": "/contracts/7Ocly4RVvAv#credit-acceptance", "label": "Loan and Security Agreement (Credit Acceptance Corp)", "score": 36.3264884949, "published": true}], "snippet_links": [], "snippet": "the \u201cOriginator\u201d, the \u201cServicer\u201d or the \u201cCustodian\u201d);", "hash": "1cdc371406234ba228ee32c3d46ea461", "id": 2}, {"size": 10, "samples": [{"hash": "cHQT78YgGN7", "uri": "/contracts/cHQT78YgGN7#credit-acceptance", "label": "Loan and Security Agreement (Credit Acceptance Corp)", "score": 36.5893211365, "published": true}, {"hash": "fF2wc2S15G0", "uri": "/contracts/fF2wc2S15G0#credit-acceptance", "label": "Loan and Security Agreement (Credit Acceptance Corp)", "score": 35.0068435669, "published": true}], "snippet_links": [{"key": "bank-of-montreal", "type": "clause", "offset": [54, 70]}, {"key": "collateral-agent", "type": "clause", "offset": [104, 120]}, {"key": "bmo-capital-markets-corp", "type": "clause", "offset": [147, 171]}, {"key": "delaware-corporation", "type": "clause", "offset": [176, 196]}, {"key": "deal-agent", "type": "definition", "offset": [201, 211]}, {"key": "computershare-trust-company", "type": "definition", "offset": [236, 263]}, {"key": "national-association", "type": "definition", "offset": [305, 325]}, {"key": "backup-servicer", "type": "definition", "offset": [331, 346]}], "snippet": "the \u201cOriginator\u201d, the \u201cServicer\u201d or the \u201cCustodian\u201d), Bank of Montreal, as lender (the \u201cLender\u201d) and as collateral agent (the \u201cCollateral Agent\u201d), BMO Capital Markets Corp., a Delaware corporation, as deal agent (the \u201cDeal Agent\u201d), and Computershare Trust Company, N.A. (as successor to \u2587\u2587\u2587\u2587\u2587 Fargo Bank, National Association), as backup servicer (the \u201cBackup Servicer\u201d).", "hash": "8ba6b8f58d0f854ffc7ab3cd3d907e7c", "id": 3}, {"size": 3, "samples": [{"hash": "5Up2x30Lkg", "uri": "/contracts/5Up2x30Lkg#credit-acceptance", "label": "Loan and Security Agreement (Credit Acceptance Corp)", "score": 36.5373039246, "published": true}, {"hash": "lL3DQF1nFXq", "uri": "/contracts/lL3DQF1nFXq#credit-acceptance", "label": "Loan and Security Agreement (Credit Acceptance Corp)", "score": 35.8282012939, "published": true}, {"hash": "1atphdmhRux", "uri": "/contracts/1atphdmhRux#credit-acceptance", "label": "Loan and Security Agreement (Credit Acceptance Corp)", "score": 34.6016426086, "published": true}], "snippet_links": [{"key": "flagstar-bank", "type": "definition", "offset": [54, 67]}, {"key": "deal-agent", "type": "definition", "offset": [221, 231]}, {"key": "collateral-agent", "type": "clause", "offset": [328, 344]}, {"key": "terms-of", "type": "clause", "offset": [403, 411]}, {"key": "terms-used-in-this-amendment", "type": "clause", "offset": [428, 456]}, {"key": "the-meanings", "type": "definition", "offset": [468, 480]}, {"key": "in-the-agreement", "type": "clause", "offset": [498, 514]}], "snippet": "the \u201cOriginator,\u201d the \u201cServicer\u201d or the \u201cCustodian\u201d), Flagstar Bank, N.A. (successor-by-conversion to Flagstar Bank, fsb), as lender (the \u201cLender\u201d), Flagstar Bank, N.A. (successor-by-conversion to Flagstar Bank, fsb), as deal agent (the \u201cDeal Agent\u201d), and Flagstar Bank, N.A. (successor-by-conversion to Flagstar Bank, fsb), as collateral agent (the \u201cCollateral Agent\u201d). Unless otherwise amended by the terms of this Amendment, terms used in this Amendment shall have the meanings assigned thereto in the Agreement.", "hash": "da9d676f59df3f90f5de7ea4b90408a1", "id": 4}, {"size": 3, "samples": [{"hash": "7Ocly4RVvAv", "uri": "/contracts/7Ocly4RVvAv#credit-acceptance", "label": "Loan and Security Agreement (Credit Acceptance Corp)", "score": 36.3264884949, "published": true}, {"hash": "iz2AooCebOQ", "uri": "/contracts/iz2AooCebOQ#credit-acceptance", "label": "Loan and Security Agreement (Credit Acceptance Corp)", "score": 32.8028755188, "published": true}], "snippet_links": [{"key": "flagstar-bank", "type": "definition", "offset": [54, 67]}, {"key": "deal-agent", "type": "definition", "offset": [123, 133]}, {"key": "collateral-agent", "type": "clause", "offset": [181, 197]}, {"key": "terms-of", "type": "clause", "offset": [256, 264]}, {"key": "terms-used-in-this-amendment", "type": "clause", "offset": [281, 309]}, {"key": "the-meanings", "type": "definition", "offset": [321, 333]}, {"key": "in-the-agreement", "type": "clause", "offset": [351, 367]}], "snippet": "the \u201cOriginator,\u201d the \u201cServicer\u201d or the \u201cCustodian\u201d), Flagstar Bank, fsb, as lender (the \u201cLender\u201d), Flagstar Bank, fsb, as deal agent (the \u201cDeal Agent\u201d), and Flagstar Bank, fsb, as collateral agent (the \u201cCollateral Agent\u201d). Unless otherwise amended by the terms of this Amendment, terms used in this Amendment shall have the meanings assigned thereto in the Agreement.", "hash": "b00a5c7ec8bf8fe18430e093da761043", "id": 5}, {"size": 2, "samples": [{"hash": "4d8Q6wCx8ZA", "uri": "/contracts/4d8Q6wCx8ZA#credit-acceptance", "label": "Loan and Security Agreement (Credit Acceptance Corp)", "score": 35.4832305908, "published": true}, {"hash": "7AZioxKaDTY", "uri": "/contracts/7AZioxKaDTY#credit-acceptance", "label": "Loan and Security Agreement (Credit Acceptance Corp)", "score": 33.9692001343, "published": true}], "snippet_links": [{"key": "the-preamble", "type": "clause", "offset": [11, 23]}, {"key": "to-this-agreement", "type": "clause", "offset": [24, 41]}], "snippet": "Defined in the preamble to this Agreement.", "hash": "fd5e297810f46326105379282d2e8354", "id": 6}, {"size": 2, "samples": [{"hash": "j8U7w24fAaC", "uri": "/contracts/j8U7w24fAaC#credit-acceptance", "label": "General Terms and Conditions", "score": 33.9121627808, "published": true}, {"hash": "3uKRd8zfIl0", "uri": "/contracts/3uKRd8zfIl0#credit-acceptance", "label": "General Terms and Conditions", "score": 25.5749492645, "published": true}], "snippet_links": [{"key": "finance-provider", "type": "definition", "offset": [26, 42]}, {"key": "to-enter", "type": "definition", "offset": [62, 70]}, {"key": "finance-agreement", "type": "clause", "offset": [78, 95]}, {"key": "an-applicant", "type": "clause", "offset": [101, 113]}], "snippet": "means confirmation from a Finance Provider that it is willing to enter into a Finance Agreement with an Applicant.", "hash": "ca6f4d6454fe379b90d85b41cc1b2406", "id": 7}, {"size": 2, "samples": [{"hash": "g2OtbmYvnxP", "uri": "/contracts/g2OtbmYvnxP#credit-acceptance", "label": "Loan and Security Agreement (Credit Acceptance Corp)", "score": 24.8275146484, "published": true}], "snippet_links": [{"key": "fifth-third-bank", "type": "definition", "offset": [54, 70]}, {"key": "the-lender", "type": "clause", "offset": [75, 85]}, {"key": "the-deal-agent", "type": "clause", "offset": [102, 116]}, {"key": "the-collateral-agent", "type": "definition", "offset": [140, 160]}, {"key": "systems-services", "type": "clause", "offset": [191, 209]}, {"key": "backup-servicer", "type": "definition", "offset": [233, 248]}], "snippet": "the \u201cOriginator\u201d, the \u201cServicer\u201d or the \u201cCustodian\u201d), Fifth Third Bank, as the lender (the \u201cLender\u201d), the deal agent (the \u201cDeal Agent\u201d) and the collateral agent (the \u201cCollateral Agent\u201d), and Systems & Services Technologies, Inc., as backup servicer (the \u201cBackup Servicer\u201d).", "hash": "9d9f02b295191ac18f238ab12264eb40", "id": 8}, {"size": 1, "samples": [{"hash": "l2SzDKPSbKL", "uri": "/contracts/l2SzDKPSbKL#credit-acceptance", "label": "Loan and Security Agreement (Credit Acceptance Corp)", "score": 32.3237495422, "published": true}], "snippet_links": [{"key": "fifth-third-bank", "type": "definition", "offset": [58, 74]}, {"key": "national-association", "type": "definition", "offset": [76, 96]}, {"key": "the-lender", "type": "clause", "offset": [101, 111]}, {"key": "the-deal-agent", "type": "clause", "offset": [131, 145]}, {"key": "the-collateral-agent", "type": "definition", "offset": [172, 192]}, {"key": "the-loan", "type": "clause", "offset": [247, 255]}, {"key": "dated-as-of", "type": "definition", "offset": [280, 291]}, {"key": "original-loan-and-security-agreement", "type": "definition", "offset": [317, 353]}, {"key": "as-amended", "type": "definition", "offset": [357, 367]}, {"key": "first-amendment-to-loan-and-security-agreement", "type": "clause", "offset": [375, 421]}, {"key": "amendment-no", "type": "definition", "offset": [451, 463]}, {"key": "second-amendment-to-loan-and-security-agreement", "type": "clause", "offset": [474, 521]}, {"key": "august-18", "type": "definition", "offset": [535, 544]}, {"key": "third-amendment", "type": "clause", "offset": [576, 591]}, {"key": "fourth-amendment-to-loan-and-security-agreement", "type": "clause", "offset": [677, 724]}, {"key": "fifth-amendment", "type": "definition", "offset": [781, 796]}, {"key": "the-original", "type": "definition", "offset": [897, 909]}, {"key": "and-amendment", "type": "clause", "offset": [989, 1002]}, {"key": "the-borrower", "type": "definition", "offset": [1034, 1046]}, {"key": "systems-services", "type": "clause", "offset": [1120, 1138]}, {"key": "delaware-corporation", "type": "clause", "offset": [1161, 1181]}, {"key": "the-backup-servicer", "type": "clause", "offset": [1186, 1205]}, {"key": "capitalized-terms-used", "type": "definition", "offset": [1231, 1253]}, {"key": "the-meanings", "type": "definition", "offset": [1298, 1310]}, {"key": "in-the-agreement", "type": "clause", "offset": [1331, 1347]}], "snippet": "the \u201cOriginator\u201d, the \u201cServicer\u201d or the \u201cCustodian\u201d), and Fifth Third Bank, National Association, as the lender (the \u201cLender\u201d), as the deal agent (the \u201cDeal Agent\u201d) and as the collateral agent (the \u201cCollateral Agent\u201d). Reference is hereby made to the Loan and Security Agreement, dated as of September 15, 2014 (the \u201cOriginal Loan and Security Agreement\u201d), as amended by the First Amendment to Loan and Security Agreement, dated as of June 11, 2015 (\u201cAmendment No. 1\u201d), the Second Amendment to Loan and Security Agreement, dated as of August 18, 2016 (\u201cAmendment No. 2\u201d), the Third Amendment to Loan and Security Agreement, dated as of August 15, 2018 (\u201cAmendment No. 3\u201d), the Fourth Amendment to Loan and Security Agreement, dated as of July 16, 2019 (\u201cAmendment No. 4\u201d), and the Fifth Amendment to Loan and Security Agreement, dated as of December 16, 2020 (\u201cAmendment No. 5\u201d, and together with the Original Loan and Security Agreement, Amendment \u2587\u2587. \u2587, \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587. \u2587, \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587. \u2587 and Amendment No. 4, the \u201cAgreement\u201d), among the Borrower, Credit Acceptance, the Lender, the Deal Agent, the Collateral Agent and Systems & Services Technologies, Inc., a Delaware corporation, as the backup servicer (the \u201cBackup Servicer\u201d). Capitalized terms used and not otherwise defined herein shall have the meanings given to such terms in the Agreement.", "hash": "bb9ca177526caccec8213060931fc872", "id": 9}, {"size": 1, "samples": [{"hash": "gpe60GoMnW5", "uri": "/contracts/gpe60GoMnW5#credit-acceptance", "label": "Loan and Security Agreement (Credit Acceptance Corp)", "score": 33.8323059082, "published": true}], "snippet_links": [{"key": "citizens-bank", "type": "definition", "offset": [54, 67]}, {"key": "the-lender", "type": "clause", "offset": [78, 88]}, {"key": "the-deal-agent", "type": "clause", "offset": [108, 122]}, {"key": "the-collateral-agent", "type": "definition", "offset": [149, 169]}, {"key": "national-association", "type": "definition", "offset": [218, 238]}, {"key": "national-banking-association", "type": "definition", "offset": [242, 270]}, {"key": "the-backup-servicer", "type": "clause", "offset": [275, 294]}, {"key": "loan-and-security-agreement", "type": "definition", "offset": [352, 379]}, {"key": "dated-as-of", "type": "definition", "offset": [381, 392]}, {"key": "as-amended", "type": "definition", "offset": [408, 418]}, {"key": "the-first-amendment", "type": "clause", "offset": [422, 441]}, {"key": "the-borrower", "type": "definition", "offset": [506, 518]}, {"key": "other-lender", "type": "definition", "offset": [559, 571]}, {"key": "from-time-to-time", "type": "clause", "offset": [572, 589]}, {"key": "collateral-agent-and-the", "type": "clause", "offset": [625, 649]}, {"key": "capitalized-terms-used", "type": "definition", "offset": [667, 689]}, {"key": "the-meanings", "type": "definition", "offset": [734, 746]}, {"key": "in-the-agreement", "type": "clause", "offset": [767, 783]}], "snippet": "the \u201cOriginator\u201d, the \u201cServicer\u201d or the \u201cCustodian\u201d), Citizens Bank, N.A., as the lender (the \u201cLender\u201d), as the deal agent (the \u201cDeal Agent\u201d) and as the collateral agent (the \u201cCollateral Agent\u201d), and \u2587\u2587\u2587\u2587\u2587 Fargo Bank, National Association, a national banking association, as the backup servicer (the \u201cBackup Servicer\u201d). Reference is hereby made to the Loan and Security Agreement, dated as of July 26, 2019 (as amended by the First Amendment thereto, dated as of September 1, 2021, the \u201cAgreement\u201d), among the Borrower, Credit Acceptance, the Lender and each other lender from time to time party thereto, the Deal Agent, the Collateral Agent and the Backup Servicer. Capitalized terms used and not otherwise defined herein shall have the meanings given to such terms in the Agreement.", "hash": "ceadd1ea2d1403053d6e006c41faf6b6", "id": 10}], "next_curs": "Cl4SWGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjoLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIaY3JlZGl0LWFjY2VwdGFuY2UjMDAwMDAwMGEMogECZW4YACAA", "definition": {"size": 123, "title": "Credit Acceptance", "snippet": "means Credit Acceptance Corporation, a Michigan corporation.", "id": "credit-acceptance", "examples": ["<strong>Credit Acceptance</strong> hereby accepts such appointment and agrees to hold and/or control, or appoint an agent to hold and/or control, each Dealer Agreement, Purchase Agreement, Contract File and, in states where it is required by Applicable Law, the Certificate of Title related to each Financed Vehicle under this Agreement as custodian for the Trust and the Trust Collateral Agent.", "Copies of the Dealer Agreements and the Purchase Agreements, and original or \u201cauthoritative copies\u201d (as such term is used in Section 9-105 of the UCC) of the Contract Files and other Records shall be delivered by <strong>Credit Acceptance</strong> to the successor custodian, on or before the date which is two (2) Business Days prior to such date.", "The Seller and the Trust hereby appoint <strong>Credit Acceptance</strong> as Administrator of the Trust, and <strong>Credit Acceptance</strong> hereby accepts such appointment, and agrees to perform all its duties as Administrator and, unless otherwise specified, the administrative duties of the Issuer under the Basic Documents.", "Upon receipt, the Issuer shall remit all Dealer Collections to <strong>Credit Acceptance</strong>.", "<strong>Credit Acceptance</strong> shall monitor the performance of the Trust and shall advise the Owner Trustee and Indenture Trustee, when action is necessary to comply with the Trust\u2019s duties under the Basic Documents.", "<strong>Credit Acceptance</strong> makes the following representations on which the Trust, the Indenture Trustee and the Trust Collateral Agent rely in accepting the Trust Property in trust and in connection with the performance by the Trust Collateral Agent of its obligations hereunder.", "In addition, <strong>Credit Acceptance</strong> shall consult with the Indenture Trustee, as <strong>Credit Acceptance</strong> deems appropriate regarding the duties of the Issuer under the Basic Documents.", "To the extent <strong>Credit Acceptance</strong> is no longer the Servicer hereunder, <strong>Credit Acceptance</strong>, in its individual capacity, agrees to perform the obligations of the Servicer, as Administrator, described in Sections 4.01(c) and (d) and Section 4.06(a)(vii)(B) hereof and in Sections 5.1, 6.2 and 11.12 of the Trust Agreement.", "<strong>Credit Acceptance</strong> is the sole owner of the membership interests of the Seller, all of which are fully paid and nonassessable and owned of record, free and clear of all mortgages, assignments, pledges, security interests, warrants, options and rights to purchase.", "On the effective date of the termination of <strong>Credit Acceptance</strong> as Servicer, <strong>Credit Acceptance</strong> shall be released of all of its obligations as custodian arising on or after such date."], "related": [["letter-of-credit-account", "Letter of Credit Account", "Letter of Credit Account"], ["auto-extension-letter-of-credit", "Auto-Extension Letter of Credit", "Auto-Extension Letter of Credit"], ["commercial-letters-of-credit", "Commercial Letters of Credit", "Commercial Letters of Credit"], ["commitment-and-acceptance", "Commitment and Acceptance", "Commitment and Acceptance"], ["letter-of-credit-accommodations", "Letter of Credit Accommodations", "Letter of Credit Accommodations"]], "related_snippets": [], "updated": "2026-05-13T04:23:52+00:00"}, "json": true, "cursor": ""}}