ESCROW, SERVICING AND CONSIGNMENT SALES AGREEMENTEscrow, Servicing and Consignment Sales Agreement • July 27th, 2007 • Auto Underwriters of America, Inc. • Personal credit institutions • Illinois
THIS ESCROW, SERVICING AND CONSIGNMENT SALES AGREEMENT (this “Agreement”) is made this 19th day of July, 2007 (the “Escrow Closing Date”) by and among AUTO UNDERWRITERS PORTFOLIO ACQUISITION COMPANY, INC., a Texas corporation (“Buyer/Borrower”), AUTO UNDERWRITERS FINANCE COMPANY, INC., a Texas corporation (“Servicer”), AGM, LLC, a Delaware limited liability company (“Seller”), AGM, LLC, a Delaware limited liability company, in its capacity as administrative agent (in such capacity, “Administrative Agent”) on behalf of itself and the Lenders from time to time party to the Loan Agreement referred to below, AUTO UNDERWRITERS OF AMERICA, INC., a California corporation (“AUA”), WILLIAM KELLAGHER (“Kellagher”) and DEAN ANTONIS (“Antonis”). Each of AUA, Servicer, Kellagher and Antonis are sometimes individually referred to herein as a “Guarantor” and collectively as the “Guarantors”. Capitalized terms referred to in this Agreement and not otherwise defined shall have the respective meanings a
