AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT Dated as of May 10, 2018Loan and Security Agreement • May 15th, 2018 • Credit Acceptance Corp • Personal credit institutions • New York
WHEREAS, the Borrower is party to that certain Loan and Security Agreement, dated as of August 19, 2011 (the “Original Closing Date”), among the Borrower, the Servicer, the Custodian, BMO as the lender, the Deal Agent, the Collateral Agent and the Backup Servicer (as amended, restated, supplemented or otherwise modified from time to time prior to the date hereof, the “Prior Agreement”);
SECOND AMENDMENT TO BACKUP SERVICING AGREEMENTBackup Servicing Agreement • May 15th, 2018 • Credit Acceptance Corp • Personal credit institutions • New York
This SECOND AMENDMENT TO BACKUP SERVICING AGREEMENT, dated as of May 10, 2018 (the “Amendment”), is made pursuant to that certain Backup Servicing Agreement dated as of August 19, 2011 (as amended, modified or supplemented from time to time, the “Agreement”), among WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association (“Wells Fargo” or the “Backup Servicer”), BANK OF MONTREAL, as collateral agent (the “Collateral Agent”), CREDIT ACCEPTANCE CORPORATION, a Michigan corporation (“Credit Acceptance” or the “Servicer”), BMO CAPITAL MARKETS CORP., a Delaware corporation (the “Deal Agent”), and CAC WAREHOUSE FUNDING LLC IV, a Delaware limited liability company (the “Borrower”).
