Document:

AMENDMENT NO. 1 TO THIRD AMENDED AND RESTATED LOAN & SECURITY AGREEMENT

 Exhibit 10.9.2 
 EXECUTION VERSION 
 AMENDMENT NO. 1 TO THE THIRD AMENDED AND RESTATED LOAN
AND 
 SECURITY AGREEMENT 
 This AMENDMENT NO. 1 TO THE THIRD AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (this “Amendment”), dated as of October 20, 2009, is entered into by and among DriveTime Automotive
Group, Inc. (“DriveTime”), a Delaware corporation, DriveTime Sales and Finance Corporation (“DriveTime Sales”), an Arizona corporation, DriveTime Car Sales, Inc. (“Car Sales”), an Arizona
corporation (each a “Borrower” and collectively, the “Borrowers”), Santander Consumer USA Inc., an Illinois corporation (“SCUSA”), as a lender, and as the agent for the Lenders (the
“Agent”), and Manheim Automotive Financial Services, Inc. (“MAFS”), a Delaware corporation, as a lender (each a “Lender” and collectively the “Lenders”). 

WHEREAS, on August 10, 2009, the Borrowers and the Lenders entered into the Third Amended and Restated Loan and Security Agreement,
as further amended, supplemented or otherwise modified from time to time in accordance with the terms thereof (the “Loan Agreement”); and 
 WHEREAS, the Borrowers and the Lenders desire to amend certain terms of the Loan Agreement as set forth herein in accordance with Section 13.8 thereof. 

NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto
hereby agree as follows: 
 1. Definitions. Capitalized terms not otherwise defined herein shall have the meaning
ascribed to them in the Loan Agreement. 
 2. Amendment of Section 1.1. The definition of “Available
Liquidity” set forth in Section 1.1 of the Loan Agreement is hereby amended and restated in its entirety as follows: 
 Available Liquidity: means, with respect to the DT Entities On A Consolidated Basis at any date, the aggregate for such date of (i) all cash of the DT Entities On A Consolidated Basis,
(ii) all Cash Equivalents then held by the DT Entities On A Consolidated Basis, (iii) the unused portion of borrowing availability as of such date under this Agreement, (iv) the unused portion of borrowing availability as of such date
under each Warehouse Facility of any DT Entity, including, without limitation, that certain Amended and Restated Loan and Security Agreement, dated as of July 31, 2009, among DT Warehouse, DTCC, Wells Fargo Bank, National Association, Deutsche
Bank AG, New York Branch, the conduit lenders from time to time party thereto and the financial institutions parties thereto as committed lenders, the other financial institutions parties thereto as managing agents, as amended from time to time (the
“DB Warehouse Agreement”), and (v) the unused portion of borrowing availability as of such date under any other asset-based credit facility (including, without limitation, a credit facility secured by residual interests in
securitization transactions involving Contracts). For clarity, with respect to the DB Warehouse Agreement in clause (iv) above, “borrowing availability” shall include all amounts available for funding under the DB Warehouse Agreement
if the principal amount of all “Eligible Contracts” (as defined in the DB Warehouse Agreement) owned by the DT Entities or 

 
any of them, but not currently pledged under the DB Warehouse Agreement, were assigned to DT Warehouse and pledged thereunder and which, upon execution of the applicable assignment and/or release
documents, would not cause an “Event of Termination” under and as defined in the DB Warehouse Agreement or an event of default under any other facility of any other DT Entity. 

3. Representations and Warranties. Each Borrower represents and warrants to the Lender that: 

(a) Each Borrower hereby reaffirms all representations and warranties made by such entity in the Loan Agreement and, to the extent the
same are not amended hereby, agrees that all such representations and warranties shall be deemed to have been remade as of the date of delivery of this Amendment and shall be true and correct in all material respects, unless and to the extent that
any such representation and warranty is stated to relate solely to an earlier date, in which case such representation and warranty shall be true and correct in all material respects as of such earlier date. 

(b) This Amendment (i) has been duly and validly authorized, executed and delivered by each Borrower and (ii) constitutes the
legal, valid and binding obligations of each Borrower, and is enforceable against each Borrower in accordance with its terms. 

(c) After giving effect to this Amendment, no Default or Event of Default has occurred and is continuing. 

4. Survival of Other Provisions. Unless specifically amended herein, all of the other covenants, agreements, representations,
warranties, promises or other terms and conditions of the Loan Agreement shall remain in full force and effect without any change whatsoever. 
 5. Conditions to Effectiveness. This Amendment shall become effective upon the satisfaction of the following conditions: 
 (a) Execution and delivery of this Amendment by each of the parties hereto. 
 (b)
Reaffirmation from the Guarantor that, after giving effect to this Amendment, its obligations and representations and warranties under the Guaranty continue in full force and effect. 

6. Reimbursement. The Borrowers agree to pay or reimburse each Lender for all costs and expenses (including, without limitation,
legal fees and disbursements) incurred by each Lender in connection with the preparation, negotiation, execution, delivery and enforcement of this Amendment. 
 7. Entire Agreement. This Amendment constitutes the full and entire understanding and agreement of the Borrowers and the Lenders with respect to the subject matter hereof, and there are no further
or other agreements or undertakings, written or oral, in effect between the Borrowers and the Lenders relating to the subject matter hereof unless expressly referred to in this Amendment. 
  

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 8. GOVERNING LAW. THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES
HEREUNDER WILL BE GOVERNED BY AND INTERPRETED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK. 
 9. Execution in
Counterparts. This Amendment may be executed in any number of counterparts and in separate counterparts, each of which when so executed and delivered shall be deemed to be an original and all of which taken together shall constitute one and the
same instrument. Any signature delivered by a party by facsimile transmission or by electronic mail in a “.pdf” file shall be deemed an original signature hereto. 
 *    *    *    *    * 
  

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 IN WITNESS WHEREOF, the Borrowers and the Lenders have caused this Amendment to be executed
and delivered by their duly authorized officers as of the date hereof. 
  

			
	Lenders:
	
	SANTANDER CONSUMER USA INC.
		
	By:	 	/s/ Tom Dundon
	Name:	 	Tom Dundon
	Title:	 	President & CEO

  

			
	MANHEIM AUTOMOTIVE FINANCIAL SERVICES, INC.
		
	By:	 	/s/ Katherine K. Decker
	Name:	 	Katherine K. Decker
	Title:	 	VP

  

			
	Borrowers:
	
	DRIVETIME AUTOMOTIVE GROUP, INC.
		
	By:	 	/s/ Ray Fidel
	Name:	 	Ray Fidel
	Title:	 	President/CEO

  

			
	DRIVETIME CAR SALES, INC.
		
	By:	 	/s/ Ray Fidel
	Name:	 	Ray Fidel
	Title:	 	President/CEO

  

			
	DRIVETIME SALES AND FINANCE CORPORATION
		
	By:	 	/s/ Ray Fidel
	Name:	 	Ray Fidel
	Title:	 	President/CEO

  

 [Signature Page to Inventory Agreement Amendment No. 1] 

 Consent 
 The Guarantor consents to the foregoing Amendment No. 1 to the Third Amended and Restated Loan and Security Agreement and reaffirms its obligations pursuant to the applicable Loan Documents.

  

			
	DT ACCEPTANCE CORPORATION
		
	By:	 	/s/ Steven P. Johnson
	Name:	 	Steven P. Johnson
	Title:	 	President

  

 [Signature Page to Inventory Agreement Amendment No. 1]AMENDMENT NO. 2 TO THIRD AMENDED AND RESTATED LOAN & SECURITY AGREEMENT

 Exhibit 10.9.3 
 EXECUTION VERSION 
 AMENDMENT NO. 2 TO THE THIRD AMENDED AND RESTATED LOAN
AND 
 SECURITY AGREEMENT 
 This AMENDMENT NO. 2 TO THE THIRD AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (this “Amendment”), dated as of December 30, 2009, is entered into by and among DriveTime
Automotive Group, Inc. (“DriveTime”), a Delaware corporation, DriveTime Sales and Finance Corporation (“DriveTime Sales”), an Arizona corporation, DriveTime Car Sales, Inc. (“Car Sales”), an Arizona
corporation (each a “Borrower” and collectively, the “Borrowers”), Santander Consumer USA Inc., an Illinois corporation (“SCUSA”), as a lender, and as the agent for the Lenders (the
“Agent”), and Manheim Automotive Financial Services, Inc. (“MAFS”), a Delaware corporation, as a lender (each a “Lender” and collectively the “Lenders”). 

WHEREAS, on August 10, 2009, the Borrowers and the Lenders entered into the Third Amended and Restated Loan and Security Agreement,
as further amended, supplemented or otherwise modified from time to time in accordance with the terms thereof (the “Loan Agreement”); 
 WHEREAS, effective December 31, 2009, DriveTime Sales and Car Sales are converting from Arizona corporations to Arizona limited liability companies subject to the Arizona Limited Liability Company
Act (the “Conversion”); 
 WHEREAS, the Conversion, without consent of the Lenders, would constitute a breach
of Sections 10.3 and 11.1 of the Loan Agreement (the “Affected Covenants”); and 
 WHEREAS, the Borrowers and
the Lenders desire to amend certain terms of the Loan Agreement as set forth herein in accordance with Section 13.8 thereof and the Lenders have consented to the Conversion and waived the breach of the Affected Covenants as described below.

 NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties
hereto hereby agree as follows: 
  

	1.	Definitions. Capitalized terms not otherwise defined herein shall have the meaning ascribed to them in the Loan Agreement. 

 

	2.	Amendment to the Loan Agreement. Effective as of the date hereof, the Loan Agreement is hereby amended as follows: 

(a) All references to “DriveTime Sales and Finance Corporation, an Arizona corporation,” “DriveTime Car Sales, Inc., an
Arizona corporation” and “DT Credit Corporation, an Arizona corporation” throughout the Loan Agreement and other Loan Documents are hereby amended to refer to “DriveTime Sales and Finance Company, LLC, an Arizona limited
liability company,” “DriveTime Car Sales Company, LLC, an Arizona limited liability company” and “DT Credit Company, LLC, an Arizona limited liability company,” respectively. 

 (b) The first sentence of Section 8.1(a) of the Loan Agreement is hereby amended
by deleting it in its entirety and replacing it with the following: 
 DriveTime is a corporation, duly organized, validly
existing and in good standing under the laws of the States where it conducts business, with power and authority to own its properties and to conduct its business. Each of DriveTime Sales and Car Sales is a limited liability company, duly organized,
validly existing and in good standing under the laws of the States where it conducts business, with power and authority to own its properties and to conduct its business 
 (c) All references to “articles of incorporation” throughout the Loan Agreement and other Loan Documents with respect to DriveTime Sales and Car Sales are hereby amended to refer to
“articles of organization.” 
 (d) All references to “bylaws” throughout the Loan Agreement and other Loan
Documents with respect to DriveTime Sales and Car Sales are hereby amended to refer to “operating agreement.” 
  

	3.	Consent and Waiver. Lenders hereby consent to the Conversion and waive, solely with respect to the Conversion, the Affected Covenants. The foregoing waiver is a
one-time waiver only and applies only to the Affected Covenants as set forth herein. 

  

	4.	Representations and Warranties. Each Borrower represents and warrants to the Lender that: 

(a) Each Borrower hereby reaffirms all representations and warranties made by such entity in the Loan Agreement and, to the extent the
same are not amended hereby, agrees that all such representations and warranties shall be deemed to have been remade as of the date of delivery of this Amendment and shall be true and correct in all material respects, unless and to the extent that
any such representation and warranty is stated to relate solely to an earlier date, in which case such representation and warranty shall be true and correct in all material respects as of such earlier date. 

(b) This Amendment (i) has been duly and validly authorized, executed and delivered by each Borrower and (ii) constitutes the
legal, valid and binding obligations of each Borrower, and is enforceable against each Borrower in accordance with its terms. 

(c) After giving effect to this Amendment, no Default or Event of Default has occurred and is continuing. 

 

	5.	Conversion Documents. Upon receipt from the Arizona Corporation Commission, DriveTime Sales and Car Sales will promptly provide SCUSA and MAFS filed stamped
copies of the documents filed in connection with the Conversion. In addition, DriveTime Sales and Car Sales will promptly provide SCUSA and MAFS such other documents in connection with the Conversion as reasonably requested by SCUSA and MAFS.

  

	6.	 Survival of Other Provisions. Unless specifically amended herein, all of the other covenants, agreements, representations, warranties, promises
or other terms and 

  

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conditions of the Loan Agreement shall remain in full force and effect without any change whatsoever. 

 

	7.	Conditions to Effectiveness. This Amendment shall become effective upon the satisfaction of the following conditions: 

(a) Execution and delivery of this Amendment by each of the parties hereto. 

(b) Reaffirmation from the Guarantor that, after giving effect to this Amendment, its obligations and representations and warranties under
the Guaranty continue in full force and effect. 
  

	8.	Reimbursement. The Borrowers agree to pay or reimburse each Lender for all costs and expenses (including, without limitation, legal fees and disbursements)
incurred by each Lender in connection with the preparation, negotiation, execution, delivery and enforcement of this Amendment. 

  

	9.	Entire Agreement. This Amendment constitutes the full and entire understanding and agreement of the Borrowers and the Lenders with respect to the subject matter
hereof, and there are no further or other agreements or undertakings, written or oral, in effect between the Borrowers and the Lenders relating to the subject matter hereof unless expressly referred to in this Amendment. 

 

	10.	GOVERNING LAW. THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER WILL BE GOVERNED BY AND INTERPRETED IN ACCORDANCE WITH THE LAWS OF THE
STATE OF NEW YORK. 

  

	11.	Execution in Counterparts. This Amendment may be executed in any number of counterparts and in separate counterparts, each of which when so executed and
delivered shall be deemed to be an original and all of which taken together shall constitute one and the same instrument. Any signature delivered by a party by facsimile transmission or by electronic mail in a “.pdf” file shall be deemed
an original signature hereto. 

 *     *     *    
*     * 
  

 3 

 IN WITNESS WHEREOF, the Borrowers and the Lenders have caused this Amendment to be executed
and delivered by their duly authorized officers as of the date hereof. 
  

			
	Lenders:
	
	SANTANDER CONSUMER USA INC.
		
	By:	 	/s/ Jason Kulas
	Name:	 	Jason Kulas
	Title:	 	Chief Financial Officer

  

			
	MANHEIM AUTOMOTIVE FINANCIAL SERVICES. INC.
		
	By:	 	/s/ Katherine K. Decker
	Name:	 	Katherine K. Decker
	Title:	 	GM & V.P

  

			
	Borrowers:
	
	DRIVETIME AUTOMOTIVE GROUP, INC.
		
	By:	 	/s/ Ray Fidel
	Name:	 	Ray Fidel
	Title:	 	President/CEO

  

			
	DRIVETIME CAR SALES, INC.
		
	By:	 	/s/ Ray Fidel
	Name:	 	Ray Fidel
	Title:	 	President/CEO

  

			
	DRIVETIME SALES AND FINANCE CORPORATION
		
	By:	 	/s/ Ray Fidel
	Name:	 	Ray Fidel
	Title:	 	President/CEO

 [Signature Page to
Inventory Agreement Amendment No. 2] 

 Consent 
 The Guarantor consents to the foregoing Amendment No. 2 to the Third Amended and Restated Loan and Security Agreement and reaffirms its obligations pursuant to the applicable Loan Documents.

  

			
	DT ACCEPTANCE CORPORATION
		
	By:	 	/s/ Steven P. Johnson
	Name:	 	Steven P. Johnson
	Title:	 	President

 [Signature Page to
Inventory Agreement Amendment No. 2]

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