CREDIT ACCEPTANCE CORPORATION REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • February 5th, 2010 • Credit Acceptance Corp • Personal credit institutions • New York
Credit Acceptance Corporation, a Michigan corporation (the “Issuer”), proposes to issue and sell to Credit Suisse, 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 January 25, 2010 (the “Purchase Agreement”), $250,000,000 aggregate principal amount of its 9.125% First Priority Senior Secured Notes due 2017 (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 February 1, 2010 (the “Indenture”), among the Issuer, the Guarantors named therein and U.S. Bank National Association (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 (
CREDIT ACCEPTANCE CORPORATION, as Issuer, the GUARANTORS named herein, as Guarantors, and U.S. Bank National Association, as Trustee INDENTURE Dated as of February 1, 2010 9.125% First Priority Senior Secured Notes due 2017Indenture • February 5th, 2010 • Credit Acceptance Corp • Personal credit institutions • New York
INDENTURE dated as of February 1, 2010, among CREDIT ACCEPTANCE CORPORATION, a Michigan corporation (together with its successors or assigns, the “Company”), the Guarantors (as defined below) listed on the signature pages hereto and U.S. BANK NATIONAL ASSOCIATION, a national banking association, as trustee.
NINTH AMENDMENT TO THE FOURTH AMENDED AND RESTATED CREDIT AGREEMENTCredit Agreement • February 5th, 2010 • Credit Acceptance Corp • Personal credit institutions • Michigan
This Ninth Amendment to the Fourth Amended and Restated Credit Agreement (“Ninth Amendment”) is made as of February 1, 2010 by and among Credit Acceptance Corporation, a Michigan corporation (“Company”), Comerica Bank and the other banks signatory hereto (individually, a “Bank” and collectively, the “Banks”) and Comerica Bank, as administrative agent for the Banks (in such capacity, “Agent”).
AMENDED AND RESTATED INTERCREDITOR AGREEMENT dated as of February 1, 2010, among CREDIT ACCEPTANCE CORPORATION, the other GRANTORS party hereto, COMERICA BANK, as the Collateral Agent and the Authorized Representative for the Credit Agreement Secured...Intercreditor Agreement • February 5th, 2010 • Credit Acceptance Corp • Personal credit institutions • Michigan
This AMENDED AND RESTATED INTERCREDITOR AGREEMENT is dated as of February 1, 2010 (as amended, supplemented or otherwise modified from time to time, this “Agreement”), among CREDIT ACCEPTANCE CORPORATION, a Michigan corporation (together with its successors and assigns, the “Company”), the other GRANTORS (as defined below) party hereto, COMERICA BANK, as collateral agent for the Secured Parties (as defined below) (together with its successors and assigns, including any collateral agent under this Agreement, in such capacity, the “Collateral Agent”), as administrative agent under the Original Credit Agreement and as the Authorized Representative for the Credit Agreement Secured Parties (together with its successors and assigns, including any successor administrative agent under the Credit Agreement, in such capacity, the “Original Administrative Agent”), U.S. BANK NATIONAL ASSOCIATION, as the Authorized Representative for the Senior Notes Secured Parties (in such capacity, the “Senior N
FOURTH AMENDED AND RESTATED SECURITY AGREEMENTSecurity Agreement • February 5th, 2010 • Credit Acceptance Corp • Personal credit institutions • Michigan
THIS FOURTH AMENDED AND RESTATED SECURITY AGREEMENT (the “Agreement”), dated as of February 1, 2010, is entered into by and among Credit Acceptance Corporation, a Michigan corporation (the “Company”), the Subsidiaries of the Company from time to time parties hereto (collectively, with the Company, and either or any of them, the “Debtors” and, each individually a “Debtor”) and Comerica Bank, a Texas banking association (“Comerica”), as collateral agent for the benefit of the Credit Agreement Secured Parties, the Senior Notes Secured Parties and the Additional Secured Parties (each as referred to below) (in such capacity, together with its successors in such capacity under the Intercreditor Agreement referred to below, the “Collateral Agent”). The addresses for the Debtors and Collateral Agent are set forth on the signature pages.
