Credit Acceptance definition

Credit Acceptance means Credit Acceptance Corporation, a Michigan corporation.

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

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

Examples of Credit Acceptance in a sentence

• In the event of any changes in format with respect to either Credit Acceptance or the Backup Servicer, Credit Acceptance and the Backup Servicer shall coordinate with each other for the replacement of the data files with files in the correct format, modified accordingly.

• The Borrower will at all times enforce the covenants and agreements of Credit Acceptance in the Contribution Agreement (including, without limitation, the rights and remedies against the Dealers).

• The Sixth Amended and Restated Credit Acceptance Corporation Credit Agreement, dated as of June 23, 2014, by and among the banks signatory thereto, Comerica and CAC, and the documents related thereto, as amended from time to time.

• The Backup Servicer or any successor Servicer shall provide Credit Acceptance with copies of all documents and information reasonably necessary for Credit Acceptance to perform its obligations under Section 4.17 of this Agreement.

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

More Definitions of Credit Acceptance

Credit Acceptance the “Originator”, the “Servicer” or the “Custodian”), Bank of Montreal, as lender (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 ▇▇▇▇▇ Fargo Bank, National Association, national association, as backup servicer (the “Backup Servicer”).

Credit Acceptance the “Originator,” the “Servicer” or the “Custodian”), Flagstar Bank, N.A. (successor-by-conversion to Flagstar Bank, fsb), as lender (the “Lender”), Flagstar Bank, N.A. (successor-by-conversion to Flagstar Bank, fsb), as deal agent (the “Deal Agent”), and Flagstar Bank, N.A. (successor-by-conversion to 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”), Flagstar Bank, fsb, as lender (the “Lender”), 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. Defined in the preamble to this Agreement.

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

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”), 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 ▇▇▇▇▇ Fargo Bank, National Association, a national banking association, as the backup servicer (the “Backup Servicer”). Reference is hereby made to the Loan and Security Agreement, dated as of July 26, 2019 (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.