Common use of THE RECITALS Clause in Contracts

THE RECITALS. The essential facts relied on by Bank, Ally, Dealership and Vroom as true and complete, and giving rise to this Amendment, are as follows: A. The Ally Parties, Dealership and Vroom are parties to an Inventory Financing and Security Agreement, effective as of March 6, 2020 (the “IFSA”). B. The parties to this Amendment desire to amend the IFSA as outlined in this Amendment.

THE RECITALS. The essential facts relied on by Bank, Ally, Dealership and Vroom Guarantor as true and complete, and giving rise to this Amendment, are as follows: A. The Ally Parties, Dealership Dealership, and Vroom Guarantor are parties to an Inventory Financing and Security Agreement, effective as of March 6December 9, 2020 2021, as amended by the Amendment to Inventory Financing and Security Agreement, effective as of February 7, 2023 (as amended, modified, restated, or replaced, the “IFSA”). B. The parties Parties to this Amendment desire to amend the IFSA as outlined in this Amendment.

THE RECITALS. The essential facts relied on by Bank, Ally, Dealership and Vroom as true and complete, and giving rise to this Amendment, are as follows: A. The Ally Parties, Dealership and Vroom are parties to an Amended and Restated Inventory Financing and Security Agreement, effective as of March 6November 4, 2020 2022 (as amended, the “IFSA”). B. The parties to this Amendment desire to amend the IFSA as outlined in this Amendment.

THE RECITALS. The essential facts relied on by Bank, Ally, Dealership and Vroom as true and complete, and giving rise to this Amendment, are as follows: A. The Ally Parties, Dealership and Vroom are parties to an Inventory Financing and Security Agreement, effective as of March 6, 2020, as amended by the First Amendment to Inventory Financing and Security Agreement, effective as of June 19, 2020 (as amended, the “IFSA”). B. The parties to this Amendment desire to amend the IFSA as outlined in this Amendment.