Common use of Consumer Lease Clause in Contracts

Consumer Lease. Any (i) Lease with an initial term of thirty-six (36) months or more between a Borrower and a lessee intending to lease the Equipment under such Lease for such lessee’s personal use or (ii) Security Monitoring Contract with an initial term of thirty-six (36) months or more between a Borrower and an individual with respect to security monitoring services for such individual’s home or personal use.