Residual Exposure at End of Lease. As part of the remarketing arrangement between GM and GMAC, the following risk-sharing arrangement applies to all returned SmartLease vehicles under leases dated between November 30, 2006 and December 23, 2008 and booked by GMAC where the underlying lease is from a GM Dealer and the vehicle is remarketed through a physical or internet auction:
Appears in 4 contracts
Samples: Financing Services Agreement (General Motors Co), Financing Services Agreement (Ally Financial Inc.), Financing Services Agreement (General Motors Co)
