Results for “DriveTime”

…OH AREA INSPECTION AND RECONDITIONING CENTER SUBLEASE In November 2018, Carvana entered into a sublease agreement with DriveTime for an inspection and reconditioning center near Cleveland, Ohio. Pursuant to the sublease, Carvana temporarily shared space at the IRC until DriveTim...

…ntents LEASE AGREEMENT In connection with the Spinoff, we entered into a lease agreement dated November 1, 2014, with DriveTime that governs our access to and utilization of space at DriveTime inspection and reconditioning centers (“IRCs”) for vehicle inspection and recondition...

… finance receivables under these transfer agreements. The trusts engaged Carvana as the administrator of the trust and DriveTime as servicer of the receivables. In the year ended December 31, 2018, we had aggregate earnings of $0.0 thousand for performing trust administrator fun...

…overns the rights of certain intellectual property owned by us and the rights of certain intellectual property owned by DriveTime. The license agreement, which was amended and restated on April 14, 2017, generally provides that each party grants to the other certain limited exclu...

… under this agreement. The agreement was most recently amended on January 4, 2019. The financing partners have engaged DriveTime as servicer of the receivables purchased under this agreement. DriveTime had aggregate earnings of $3.1 million pursuant to the agreement for performi...

…ENTER LEASE In December 2016, we entered into a lease agreement with Verde Investments Inc. (“Verde”), an affiliate of DriveTime, for an IRC in Tolleson, Arizona. The lease commenced in February, 2017. In August 2018, we entered into an additional lease agreement with a cotermin...

…stock owned by ECG III SPE, of which Mr. Garcia IT is the 100% owner; 2,860,439 shares of Class B common stock owned by DriveTime Sales and Finance Company LLC. Mr. Garcia IT is the chairman of the board of directors and largest stockholder of DriveTime, of which DriveTime Sales...

Mr. Garcia held various roles at DriveTime from January 2007 to January 2013. From

LLC to the unit holders of DriveTime on a pro rata basis

we entered into several agreements with DriveTime and affiliated companies that were intended to facilitate our

DriveTime guaranteed our obligations under the lease governing our occupancy of the property on which an Atlanta hub is

DriveTime agreed to partially guarantee our lease

we entered into a sublease with DriveTime for our use of the first floor of the same building. Under the sublease

we entered into a lease with DriveTime for an IRC in Winder

we entered into a lease with DriveTime that governs our utilization of office space and parking spaces at retail facilities that we