Common use of Customary and Enforceable Provisions Clause in Contracts

Customary and Enforceable Provisions. For each of the Receivables, determined that the Retail Contract was documented on a blank form approved by in-house legal counsel or that legal advice had been rendered that the Retail Contract contains customary and enforceable provisions such as to render the rights and remedies of the holder thereof adequate for realization against the collateral.

Customary and Enforceable Provisions. For each of the Receivables, determined that the Retail Contract was documented on a blank form approved form by in-house legal counsel or that legal advice had been rendered that the Retail Contract contains customary and enforceable provisions such as to render the rights and remedies of the holder thereof adequate for realization against the collateral.