Credit Acceptance definition

Credit Acceptance means Credit Acceptance Corporation, a Michigan corporation.

Credit Acceptance. Credit Acceptance Corporation, a Michigan corporation, and its successors and permitted assigns.

Credit Acceptance the “Originator”, the “Servicer” or the “Custodian”), Bank of Montreal (the “Lender”), BMO Capital Markets Corp., a Delaware corporation (“BMO Capital Markets”), as deal agent (the “Deal Agent”), Bank of Montreal (the “Collateral Agent”), and Xxxxx Fargo Bank, National Association, a national banking association, as backup servicer (the “Backup Servicer”).

Examples of Credit Acceptance in a sentence

• In addition, upon request, the Backup Servicer shall provide Credit Acceptance Corporation as promptly as practicable after such request is made such other information in its possession with respect to the matters set forth above as would permit Credit Acceptance Corporation to comply with its obligations under Rule 15Ga-1 under the Exchange Act or to comply with any other disclosure obligations applicable to it under federal securities laws.

• Credit Acceptance hereby accepts such appointment and agrees to hold and/or control, or appoint an agent to hold and/or control, each Dealer Agreement, Purchase Agreement, Contract File and, in states where it is required by Applicable Law, the Certificate of Title related to each Financed Vehicle under this Agreement as custodian for the Trust and the Trust Collateral Agent.

• The Seller and the Trust hereby appoint Credit Acceptance as Administrator of the Trust, and Credit Acceptance hereby accepts such appointment, and agrees to perform all its duties as Administrator and, unless otherwise specified, the administrative duties of the Issuer under the Basic Documents.

• Upon receipt, the Issuer shall remit all Dealer Collections to Credit Acceptance.

• Credit Acceptance shall monitor the performance of the Trust and shall advise the Owner Trustee and Indenture Trustee, when action is necessary to comply with the Trust’s duties under the Basic Documents.

More Definitions of Credit Acceptance

Credit Acceptance the “Originator”, the “Servicer” or the “Custodian”);

Credit Acceptance means confirmation from a Finance Provider that it is willing to enter into a Finance Agreement with an Applicant.

Credit Acceptance. Defined in the preamble to this Agreement.

Credit Acceptance the “Originator”, the “Servicer” or the “Custodian”), Fifth Third Bank, an Ohio banking corporation, as the lender (the “Lender”), the deal agent (the “Deal Agent”) and the collateral agent (the “Collateral Agent”), and Systems & Services Technologies, Inc., as backup servicer (the “Backup Servicer”).

Credit Acceptance the “Originator,” the “Servicer” or the “Custodian”), Flagstar Bank, FSB (the “Lender”), and Flagstar Bank, FSB, as deal agent (the “Deal Agent”), and Flagstar Bank, FSB, as collateral agent (the “Collateral Agent”). Unless otherwise amended by the terms of this Amendment, terms used in this Amendment shall have the meanings assigned thereto in the Agreement.

Credit Acceptance the “Originator”, the “Servicer” or the “Custodian”), Citizens Bank, N.A., as the lender (the “Lender”), as the deal agent (the “Deal Agent”) and as the collateral agent (the “Collateral Agent”), and Computershare Trust Company, N.A. (as successor to Xxxxx Fargo Bank, National Association), as the backup servicer (the “Backup Servicer”). Reference is hereby made to the Loan and Security Agreement, dated as of July 26, 2019 (as amended by the First Amendment thereto, dated as of September 1, 2021, and the Second Amendment thereto, dated as of July 22, 2022, the “Agreement”), among the Borrower, Credit Acceptance, the Lender and each other lender from time to time party thereto, the Deal Agent, the Collateral Agent and the Backup Servicer. Capitalized terms used and not otherwise defined herein shall have the meanings given to such terms in the Agreement.

Credit Acceptance. CORPORATION ________________________ (Participant's name) By _______________________ ________________________ (Participant's signature) Date: __________________ Date: __________________ APPENDIX A--TERMS AND CONDITIONS --------------------------------