AMENDED AND RESTATED TRUST AGREEMENTTrust Agreement • May 16th, 2016 • Credit Acceptance Corp • Personal credit institutions • Delaware
This AMENDED AND RESTATED TRUST AGREEMENT dated as of May 12, 2016 between CREDIT ACCEPTANCE FUNDING LLC 2016-2, a Delaware limited liability company (the “Seller”), each of the members of the Board of Trustees of the Trust and U.S. BANK TRUST NATIONAL ASSOCIATION, a national banking association, as Owner Trustee (solely in such capacity and not in its individual capacity, the “Owner Trustee”).
SALE AND CONTRIBUTION AGREEMENTSale and Contribution Agreement • May 16th, 2016 • Credit Acceptance Corp • Personal credit institutions • New York
This SALE AND CONTRIBUTION AGREEMENT, dated as of May 12, 2016 (the “Agreement”), is made between CREDIT ACCEPTANCE CORPORATION, a Michigan corporation (“CAC”) and CREDIT ACCEPTANCE FUNDING LLC 2016-2, a Delaware limited liability company (“Funding”).
CREDIT ACCEPTANCE AUTO LOAN TRUST 2016-2Sale and Servicing Agreement • May 16th, 2016 • Credit Acceptance Corp • Personal credit institutions • New York
This Sale and Servicing Agreement, dated as of May 12, 2016, among CREDIT ACCEPTANCE AUTO LOAN TRUST 2016-2 (the “Issuer” or the “Trust”), CREDIT ACCEPTANCE FUNDING LLC 2016-2, a Delaware limited liability company, as Seller (the “Seller”), CREDIT ACCEPTANCE CORPORATION, a Michigan corporation, in its individual capacity (“Credit Acceptance”) and as Servicer (the “Servicer”) and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association organized under the laws of the United States, in its capacity as Backup Servicer, Trust Collateral Agent and Indenture Trustee (the “Backup Servicer,” “Trust Collateral Agent” and “Indenture Trustee”).
CREDIT ACCEPTANCE AUTO LOAN TRUST 2016-2, as the Issuer CREDIT ACCEPTANCE FUNDING LLC 2016-2, as the Seller CREDIT ACCEPTANCE CORPORATION, as the Servicer WELLS FARGO BANK, NATIONAL ASSOCIATION as the Trust Collateral Agent/ Backup Servicer BACKUP...Backup Servicing Agreement • May 16th, 2016 • Credit Acceptance Corp • Personal credit institutions • New York
CREDIT ACCEPTANCE AUTO LOAN TRUST 2016-2 $233,180,000 CLASS A ASSET BACKED NOTES $68,210,000 CLASS B ASSET BACKED NOTES $48,830,000 CLASS C ASSET BACKED NOTES INDENTURE Dated as of May 12, 2016Indenture • May 16th, 2016 • Credit Acceptance Corp • Personal credit institutions • New York
INDENTURE dated as of May 12, 2016, between CREDIT ACCEPTANCE AUTO LOAN TRUST 2016-2, a Delaware statutory trust (the “Issuer”), and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association organized under the laws of the United States, as trust collateral agent (the “Trust Collateral Agent”) and as indenture trustee (the “Indenture Trustee”).
AMENDED AND RESTATED INTERCREDITOR AGREEMENTIntercreditor Agreement • May 16th, 2016 • Credit Acceptance Corp • Personal credit institutions • New York
This Amended and Restated Intercreditor Agreement (this “Agreement”), dated May 12, 2016, 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”), Credit Acceptance Funding LLC 2016-2 (“Funding 2016-2”), Credit Acceptance Funding LLC 2016-1 (“Funding 2016-1”), Credit Acceptance Funding LLC 2015-2 (“Funding 2015-2”), Credit Acceptance Funding LLC 2015-1 (“Funding 2015-1”), Credit Acceptance Funding LLC 2014-2 (“Funding 2014-2”), Credit Acceptance Funding LLC 2014-1 (“Funding 2014-1”), Credit Acceptance Funding LLC 2013-2 (“Funding 2013-2”), Credit Acceptance Auto Loan Trust 2016-2 (the “2016-2 Trust”), Credit Acceptance Auto Loan Trust 2015-2 (the “2015-2 Trust”), Credit Acceptance Auto Loan Trust 2015-1 (the “2015-1 Trust”), Credit Acceptance Auto Loan Trust 2014-2 (the “2
