Common use of CANCELLATION OF YOUR AGREEMENT Clause in Contracts

CANCELLATION OF YOUR AGREEMENT. 1. YOU may cancel this AGREEMENT at any time, including when a loss of the VEHICLE occurs or when you sell the VEHICLE without transfer of this AGREEMENT. To cancel, you must submit a written request and return this AGREEMENT directly to US. An odometer statement indicating the odometer reading at the date of the request for cancellation will be required. If YOU cancel this AGREEMENT within the first thirty (30) days, WE will refund the AGREEMENT purchase price if paid in full by YOU, or the amount paid by YOU toward the AGREEMENT purchase price, if paid in installments, less any paid or pending payment CLAIMS. If this AGREEMENT is canceled after the first thirty (30) days, WE will refund the unearned AGREEMENT purchase price to YOU calculated on a pro rata basis, less any paid or pending payment CLAIMS. If YOU cancel this AGREEMENT before making all payments under this AGREEMENT, YOU may be entitled to a refund provided that the amount paid by YOU toward the AGREEMENT purchase price, if paid in installments, exceeds the amount earned by US under this AGREEMENT. The refund will be equal to the lesser amount produced using either the number of days the AGREEMENT was in force or the number of miles the VEHICLE was driven prior to cancellation, less a cancellation fee of fifty dollars ($50) and any paid or pending payment CLAIMS.

Appears in 3 contracts

Samples: Vehicle Service Agreement, Vehicle Service Agreement, Vehicle Service Agreement

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CANCELLATION OF YOUR AGREEMENT. 1. YOU may cancel this AGREEMENT at any time, including when a loss of the VEHICLE occurs or when you sell the VEHICLE without transfer of this AGREEMENT. To cancel, you must submit a written request and return this AGREEMENT directly to US. An odometer statement indicating the odometer reading at the date of the request for cancellation will be required. If YOU cancel this AGREEMENT within the first thirty (30) days, WE will refund the AGREEMENT purchase price PURCHASE PRICE if paid in full by YOU, or the amount paid by YOU toward the AGREEMENT purchase pricePURCHASE PRICE, if paid in installments, less any paid or pending payment CLAIMS. If this AGREEMENT is canceled after the first thirty (30) days, WE will refund the unearned AGREEMENT purchase price PURCHASE PRICE to YOU calculated on a pro rata basis, less any paid or pending payment CLAIMS. If YOU cancel this AGREEMENT before making all payments under this AGREEMENT, YOU may be entitled to a refund provided that the amount paid by YOU toward the AGREEMENT purchase pricePURCHASE PRICE, if paid in installments, exceeds the amount earned by US under this AGREEMENT. The refund will be equal to the lesser amount produced using either the number of days the AGREEMENT was in force or the number of miles the VEHICLE was driven prior to cancellation, less a cancellation fee of fifty twenty-five dollars ($5025) and any paid or pending payment CLAIMS.

Appears in 1 contract

Samples: Vehicle Service Agreement

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CANCELLATION OF YOUR AGREEMENT. 1. YOU may cancel this AGREEMENT at any time, including when a loss of the VEHICLE occurs or when you sell the VEHICLE without transfer of this AGREEMENT. To cancel, you YOU must submit a written request and return this AGREEMENT directly to US. An odometer statement indicating the odometer reading at the date of the request for cancellation will be required. If YOU cancel this AGREEMENT within the first thirty (30) days, WE will refund one hundred percent (100%) of the AGREEMENT purchase price if paid in full by YOU, or the amount paid by YOU toward the AGREEMENT purchase price, if paid in installments, less any paid or pending payment CLAIMS, minus a cancellation fee equal to five percent (5%) of the gross AGREEMENT purchase price. If this AGREEMENT is canceled after the first thirty (30) days, WE will refund to YOU not less than one hundred percent (100%) of the paid unearned pro rata AGREEMENT purchase price to YOU calculated on a pro rata basis, less any paid or pending payment CLAIMSprice. If YOU cancel this AGREEMENT before making all payments under this AGREEMENT, YOU may be entitled to a refund provided that the amount paid by YOU toward the AGREEMENT purchase price, if paid in installments, exceeds the amount earned by US under this AGREEMENT. The refund will be equal to the lesser amount produced using either the number of days the AGREEMENT was in force or the number of miles the VEHICLE was driven prior to cancellation, less a cancellation fee of fifty dollars ($50) and any paid or pending payment CLAIMS, minus a cancellation fee equal to ten percent (10%) of the gross AGREEMENT purchase price.

Appears in 1 contract

Samples: Vehicle Service Agreement

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