U.S. $325,000,000 FOURTH AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT Dated as of June 16, 2010 Among CAC WAREHOUSE FUNDING CORPORATION II as the Borrower CREDIT ACCEPTANCE CORPORATION as the Servicer and Custodian WELLS FARGO BANK, NATIONAL...Loan and Security Agreement • June 18th, 2010 • Credit Acceptance Corp • Personal credit institutions • New York
WHEREAS, the Borrower, Credit Acceptance, Wells Fargo (as successor to Wachovia Bank, National Association), in its capacity as Investor and in its capacity as Liquidity Agent, VFCC, WFS, in its capacity as Deal Agent and Wells Fargo, in its capacity as Collateral Agent and in its capacity as Backup Servicer, have entered into a Third Amended and Restated Loan and Security Agreement dated as of August 24, 2009 (as amended through the date hereof, the “Existing Loan and Security Agreement”); and
