Common use of Excess Wear and Tear Deduction Clause in Contracts

Excess Wear and Tear Deduction. When we calculate the Sale Price, we will do an initial inspection of the Vehicle’s condition to estimate the total cost of repairing and restoring the Vehicle to saleable condition (although we will not take into account any normal wear and tear for this purpose). The estimated costs may include, but are not limited to, the cost of preparing or replacing: (b) Where we refer to an agreement or document (including the Loan Agreement), we include that agreement or document as amended, varied or replaced from time to time with our consent. Where we refer to any statute, we include all future versions if it, including all changes to it, all re-enactments or replacements of it, and all regulations and orders in-council made in connection with it. (i) glass that is damaged or that you have tinted; (ii) any damage to the Vehicle, including mechanical damage; (iii) any tyre with less than 5mm of tread remaining at the shallowest point; and (iv) any other damage,

Appears in 3 contracts

Samples: Guaranteed Future Value Agreement, Guaranteed Future Value Agreement, GFV Agreement

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Excess Wear and Tear Deduction. When we calculate the Sale Price, we will do an initial inspection of the Vehicle’s condition to estimate the total cost of repairing and restoring the Vehicle to saleable condition (although we will not take into account any normal wear and tear for this purpose). The estimated costs may include, but are not limited to, the cost of preparing or replacing:, (b) Where we refer to an agreement or document (including the Loan Agreement), we include that agreement or document as amended, varied or replaced from time to time with our consent. Where we refer to any statute, we include all future versions if it, including all changes to it, all re-enactments or replacements of it, and all regulations and orders in-council made in connection with it.. the cost of preparing or replacing: (i) glass that is damaged or that you have tinted; (ii) any damage to the Vehicle, including mechanical damage; (iii) any tyre with less than 5mm of tread remaining at the shallowest point; and (iv) any other damage,

Appears in 2 contracts

Samples: Guaranteed Future Value Agreement, GFV Agreement

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