Common use of Credit Acceptance Clause in Contracts

Credit Acceptance. Auto Dealer Loan Trust 2006-1 will be released from every covenant and agreement of this Indenture to be observed or performed on the part of the Issuer with respect to the Class A Notes immediately upon the delivery of written notice from the Issuer to the Indenture Trustee, the Class A Insurer and the Backup Insurer stating that Credit Acceptance Auto Dealer Loan Trust 2006-1 is to be so released.

Credit Acceptance. Auto Dealer Loan Trust 20062007-1 will be released from every covenant and agreement of this Indenture to be observed or performed on the part of the Issuer with respect to the Class A Notes immediately upon the delivery of written notice from the Issuer to the Indenture Trustee, Trustee and the Class A Insurer and the Backup Insurer stating that Credit Acceptance Auto Dealer Loan Trust 20062007-1 is to be so released.