AMENDMENT NO. 5 TO LOAN AND SECURITY AGREEMENTLoan and Security Agreement • February 4th, 2021 • Credit Acceptance Corp • Personal credit institutions • New York
(2)CREDIT ACCEPTANCE CORPORATION, a Michigan corporation (“Credit Acceptance”, the “Originator”, the “Servicer” or the “Custodian”);
BACKUP SERVICING AGREEMENTBackup Servicing Agreement • February 4th, 2021 • Credit Acceptance Corp • Personal credit institutions • New York
BACKUP SERVICING AGREEMENT (the “Agreement”), dated as of January 29, 2021, among SYSTEMS & SERVICES TECHNOLOGIES, INC., a Delaware corporation (the “Backup Servicer”), CREDIT ACCEPTANCE CORPORATION, a Michigan corporation (“Credit Acceptance” or the “Servicer”), FIFTH THIRD BANK, NATIONAL ASSOCIATION, a national banking association (“Fifth Third”), as collateral agent (the “Collateral Agent”) and as deal agent (the “Deal Agent”), and CREDIT ACCEPTANCE FUNDING LLC 2021-1, a Delaware limited liability company (the “Borrower”).
sale and CONTRIBUTION AGREEMENTSale and Contribution Agreement • February 4th, 2021 • Credit Acceptance Corp • Personal credit institutions • New York
This sale and CONTRIBUTION AGREEMENT, dated as of January 29, 2021 (the “Agreement”), is made between CREDIT ACCEPTANCE CORPORATION, a Michigan corporation (“CAC”), and CREDIT ACCEPTANCE FUNDING LLC 2021-1, a Delaware limited liability company (“Funding”).
Amended and Restated INTERCREDITOR AGREEMENTIntercreditor Agreement • February 4th, 2021 • Credit Acceptance Corp • Personal credit institutions • New York
This Amended and Restated Intercreditor Agreement (this “Agreement”), dated January 29, 2021, is among Credit Acceptance Corporation (“CAC”), CAC Warehouse Funding Corporation II (“Warehouse Funding II”), CAC Warehouse Funding LLC IV (“Warehouse Funding IV”), CAC Warehouse Funding LLC V (“Warehouse Funding V”), CAC Warehouse Funding LLC VI (“Warehouse Funding VI”), CAC Warehouse Funding LLC VII (“Warehouse Funding VII”), CAC Warehouse Funding LLC VIII (“Warehouse Funding VIII”), Credit Acceptance Funding LLC 2021-1 (“Funding 2021-1”), Credit Acceptance Funding LLC 2020-3 (“Funding 2020-3”), Credit Acceptance Funding LLC 2020-2 (“Funding 2020-2”), Credit Acceptance Funding LLC 2020-1 (“Funding 2020-1”), Credit Acceptance Funding LLC 2019-3 (“Funding 2019-3”), Credit Acceptance Funding LLC 2019-2 (“Funding 2019-2”), Credit Acceptance Funding LLC 2019-1 (“Funding 2019-1”), Credit Acceptance Funding LLC 2018-3 (“Funding 2018-3”), Credit Acceptance Funding LLC 2018-2 (“Funding 2018-2”), Cre
Second Amendment to Amended and Restated Loan and Security AgreementLoan and Security Agreement • February 4th, 2021 • Credit Acceptance Corp • Personal credit institutions • New York
This Second Amendment to Amended and Restated Loan and Security Agreement, dated as of January 29, 2021 (this “Amendment”), is made pursuant to that certain Amended and Restated Loan and Security Agreement dated as of May 10, 2018, as amended by the First Amendment to Amended and Restated Loan and Security Agreement, dated as of July 26, 2019 (as so amended and as further amended, modified or supplemented from time to time, the “Agreement”), among CAC Warehouse Funding LLC IV, a Delaware limited liability company (the “Borrower”), Credit Acceptance Corporation, a Michigan corporation (“Credit Acceptance”, the “Originator”, the “Servicer” or the “Custodian”), Bank of Montreal, as lender (the “Lender”), BMO Capital Markets Corp., a Delaware corporation (“BMO Capital Markets”), as deal agent (the “Deal Agent”), Bank of Montreal (the “Collateral Agent”), and Wells Fargo Bank, National Association, a national banking association, as backup servicer (the “Backup Servicer”).
