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 USC 1667. [EXHIBIT A] [SUBSEQUENT PURCHASE AGREEMENT] [Transfer No. of Subsequent Receivables, dated as of , 20 , pursuant to a Purchase Agreement (the “Purchase Agreement”) dated as of , 20 , between AMERICREDIT FINANCIAL SERVICES, INC., a Delaware corporation (the “Seller”), and AFS SENSUB CORP., a Nevada corporation (the “Purchaser”).

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 U.S.C § 1667. [EXHIBIT A] [SUBSEQUENT PURCHASE AGREEMENT] [Transfer No. of Subsequent Receivables, dated as of , 20 , pursuant to a Purchase Agreement (the “Purchase Agreement”) dated as of , 20 , between AMERICREDIT FINANCIAL SERVICES, INC., a Delaware corporation (the “Seller”), and AFS SENSUB CORP., a Nevada corporation (the “Purchaser”).