Common use of AGREEMENT CANCELLATION AND REFUNDS Clause in Contracts

AGREEMENT CANCELLATION AND REFUNDS. To cancel this Agreement, contact the SELLING DEALERSHIP. The SELLING DEALERSHIP will assist with YOUR cancellation request and verify the mileage of the covered VEHICLE. If YOU need additional assistance call US at 0-000-000-0000. If YOU cancel within sixty (60) days of the date this Agreement was purchased, the entire purchase price will be refunded unless YOU have made a CLAIM. If YOU have made a CLAIM or if YOU cancel more than sixty (60) days after the purchase date, YOU or a person authorized by YOU will receive a prorated refund of the purchase price, less a $50 administration fee. The proration will be based on the lesser of days or miles of coverage remaining. WE will not subtract the COST of a CLAIM, if any, from YOUR refund. WE may cancel this Agreement in the event the charge for YOUR Agreement has not been paid, the odometer has been disconnected or altered, the New Vehicle Limited or Powertrain Warranty has been canceled or voided, or if there is a material misrepresentation on the Contract Registration. If WE cancel, YOU will not be charged an administration fee. If YOUR VEHICLE is a total loss or repossessed, YOUR cancellation rights under this Agreement will transfer to the Lienholder, if any. No refund will be paid if this Agreement was provided with the VEHICLE at no additional charge. If canceled, coverage may not be repurchased by YOU or reinstated on the VEHICLE. If any portion of this Agreement, or any form attached to it, conflicts with the statutes in the state where this Agreement was issued, such portions shall be amended to conform to such statutes.