Company: TRUE
Filing Date: 2025-11-24
Form Type: DEFM14A
Source: 0001104659-25-115451
Chunk: 373

Company: TrueCar, Inc.
Filing Date: 2025-11-24
Form: DEFM14A
Chunk 373
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 of this Equity Commitment Letter by Parent) constitutes a legal, valid and binding obligation of the Investor, enforceable against the Investor in accordance with its terms, except as enforcement may be limited by applicable bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and other Applicable Laws affecting creditors’ rights generally and general principals of equity, (d) the Investor has, and will have for so long as this Equity Commitment Letter shall remain in effect, available and unrestricted funds in excess of the Commitment hereunder plus the aggregate amount of all other commitments and obligations it has outstanding at such time, (e) payment in full of the sum of its Commitment shall not result in a breach or violation of any applicable concentration limits or similar restrictions applicable to the Investor, and (f) all consents, approvals, authorizations, permits of, filings with and notifications to, any Governmental Authority necessary for the due execution, delivery and performance of this Equity Commitment Letter by the Investor have been obtained or made and all conditions thereof have been duly complied with, and no other action by, and no notice to or filing with, any Governmental Authority is required in connection with the execution, delivery or performance of this Equity Commitment Letter by the Investor.

5. Certain Waivers . The Investor agrees that the obligations of the Investor hereunder shall not be released or discharged, in whole or in part, or otherwise affected by: (a) the failure or delay on the part of Parent to assert any claim or demand or to enforce any right or remedy against the Investor (or any permitted assignee); (b) any change in the time, place or manner of payment of the Commitment, or any rescission, waiver, compromise, consolidation or other amendment or modification of any of the terms or provisions of the Merger Agreement made in accordance with the terms thereof (so long as any such amendments or modifications do not increase the amount of the Commitment); (c) any change in the legal existence, structure or ownership of Parent or the Investor (or any permitted assignee); (d) the existence of any claim, set-off or other right which any Investor (or any permitted assignee) may have at any time against Parent, whether in connection with the Commitment or otherwise; (e) the adequacy of any other means Parent may have of obtaining payment related to the Commitment or any other commitment by any other investor executing a substantially similar commitment letter agreement with respect to the Transaction; (f) any right to assert