Common use of Consumer Leases Clause in Contracts

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 U.S.C. § 1667. [Transfer No. of Subsequent Receivables, dated as of , 20 , pursuant to a Sale and Servicing Agreement (the “Sale and Servicing Agreement”) dated as of , 20 , among GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST 20__-_, a Delaware statutory trust (the “Purchaser”), AFS SENSUB CORP., a Nevada corporation (the “Seller”), AMERICREDIT FINANCIAL SERVICES, INC. D/B/A GM FINANCIAL, a Delaware corporation (the “Servicer”), and [TRUST COLLATERAL AGENT], a [entity type], in its capacity as Trust Collateral Agent.

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 U.S.C. § USC 1667. [Transfer No. _________ of Subsequent Receivables, dated as of _______________, 20 20__, pursuant to a Sale and Servicing Agreement (the “Sale and Servicing Agreement”) dated as of __________, 20 20__, among GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST 20__-_, a Delaware statutory trust (the “Purchaser”), AFS SENSUB CORP., a Nevada corporation (the “Seller”), AMERICREDIT FINANCIAL SERVICES, INC. D/B/A GM FINANCIAL, a Delaware corporation (the “Servicer”), and [TRUST COLLATERAL AGENT], a [entity type], in its capacity as Trust Collateral Agent.

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 U.S.C. § USC 1667. [Transfer No. of Subsequent Receivables, dated as of , 20 , pursuant to a Sale and Servicing Agreement (the “Sale and Servicing Agreement”) dated as of , 20 , among GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST 20__-_20 - , a Delaware statutory trust (the “Purchaser”), AFS SENSUB CORP., a Nevada corporation (the “Seller”), AMERICREDIT FINANCIAL SERVICES, INC. Dd/Bb/A a GM FINANCIALFinancial, a Delaware corporation (the “Servicer”), and [TRUST COLLATERAL AGENT], a [entity type], in its capacity as Trust Collateral Agent.