CREDIT ACCEPTANCE CORPORATION REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • March 8th, 2019 • Credit Acceptance Corp • Personal credit institutions • New York
Credit Acceptance Corporation, a Michigan corporation (the “Issuer”), proposes to issue and sell to Wells Fargo, as representative of the initial purchasers set forth on Schedule I hereto (the “Initial Purchasers”), upon the terms set forth in a purchase agreement dated March 5, 2019 (the “Purchase Agreement”), $400,000,000 aggregate principal amount of its 6.625% Senior Notes due 2026 (the “Initial Securities”) to be unconditionally guaranteed (the “Guarantees”) by Buyers Vehicle Protection Plan, Inc. and Vehicle Remarketing Services, Inc. (the “Guarantors” and, together with the Issuer, the “Company”). The Initial Securities will be issued pursuant to an Indenture, dated as of March 7, 2019, as amended or supplemented (the “Indenture”), among the Issuer, the Guarantors and U.S. Bank National Association, as trustee (the “Trustee”). As an inducement to the Initial Purchasers, the Company agrees with the Initial Purchasers, for the benefit of the holders of the Initial Securities (incl
6.625% Senior Notes due 2026Indenture • March 8th, 2019 • Credit Acceptance Corp • Personal credit institutions • New York
