Common use of Consumer Leases Clause in Contracts

Consumer Leases. No Receivable constitutes a “consumer lease” under either (a) the UCC as in effect in the jurisdiction the law of which governs the Receivable or (b) the Consumer Leasing Act, 15 USC 1667.

Appears in 94 contracts

Samples: Purchase Agreement, Sale and Servicing Agreement (AFS SenSub Corp.), Purchase Agreement (AFS SenSub Corp.)

AutoNDA by SimpleDocs

Consumer Leases. No Receivable in the pool constitutes a “consumer lease” under either (a) the UCC as in effect in the jurisdiction the law of which governs the Receivable or (b) the Consumer Leasing Act, 15 USC 1667.

Appears in 38 contracts

Samples: Sale and Servicing Agreement (GM Financial Consumer Automobile Receivables Trust 2021-3), Purchase Agreement (GM Financial Consumer Automobile Receivables Trust 2021-3), Purchase Agreement (AmeriCredit Automobile Receivables Trust 2021-2)

AutoNDA by SimpleDocs

Consumer Leases. No Receivable constitutes a "consumer lease" under either (a) the UCC as in effect in the jurisdiction the law of which governs the Receivable or (b) the Consumer Leasing Act, 15 USC 1667.

Appears in 9 contracts

Samples: Purchase Agreement (Americredit Automobile Receivable Trust 2005-D-A), Purchase Agreement (Americredit Automobile Receivables Trust 2003-B-X), Sale and Servicing Agreement (Americredit Automobile Receivables Trust 2003-B-X)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!