Rees Levering Uses in Compliance With Law Clause

Compliance With Law from Sale and Servicing Agreement

Compliance With Law. Each Receivable complied at the time it was originated or made and, in the case of the Initial Receivables, complies at the execution of this Agreement or, in the case of any Subsequent Receivables, complies on the related Subsequent Transfer Date, in each case in all material respects with all requirements of applicable Federal, state and local laws and regulations thereunder, including, without limitation, usury laws, the Federal Truth in Lending Act, the Equal Credit Opportunity Act, the Fair Credit Reporting Act, the Fair Debt Collection Practices Act, the Federal Trade Commission Act, the Magnuson Moss Warranty Act, the Rees Levering Act, the Federal Reserve Boards Regulations B and Z, state adaptations of the National Consumer Act and other consumer credit laws and equal credit opportunity and disclosure law s.

Compliance With Law from Sale and Servicing Agreement

Compliance With Law. Each Receivable complied at the time it was originated or made and, in the case of the Initial Receivables, complies at the execution of this Agreement or, in the case of any Subsequent Receivables, complies on the related Subsequent Transfer Date, in each case in all material respects with all requirements of applicable Federal, state and local laws and regulations thereunder, including, without limitation, usury laws, the Federal Truth in Lending Act, the Equal Credit Opportunity Act, the Fair Credit Reporting Act, the Fair Debt Collection Practices Act, the Federal Trade Commission Act, the Magnuson Moss Warranty Act, the Rees Levering Act, the Federal Reserve Boards Regulations B and Z, state adaptations of the National Consumer Act and other consumer credit laws and equal credit opportunity and disclosure laws.

Compliance With Law from Sale and Servicing Agreement

Compliance With Law. Each Receivable complied at the time it was originated or made and, in the case of the Initial Receivables, complies at the execution of this Agreement or, in the case of any Subsequent Receivables, complies on the related Subsequent Transfer Date, in each case in all material respects with all requirements of applicable Federal, state and local laws and regulations thereunder, including, without limitation, usury laws, the Federal Truth in Lending Act, the Equal Credit Opportunity Act, the Fair Credit Reporting Act, the Fair Debt Collection Practices Act, the Federal Trade Commission Act, the Magnuson Moss Warranty Act, the Rees Levering Act, the Federal Reserve Boards Regulations B and Z, state adaptations of the National Consumer Act and other consumer credit laws and equal credit opportunity and disclosure law s.