Common use of How to cancel Clause in Contracts

How to cancel. If you want to cancel you must give written notice to the Lender of the cancellation within 5 working days from the date this disclosure was made. You must also return to the Lender any advance and any other property received by you under the contract. TIME LIMITS FOR CANCELLATION If the disclosure documents are handed to you directly you must give notice that you intend to cancel within 5 working days after you receive the documents. If the disclosure documents are sent to you by electronic means (for example, email) you must give notice that you intend to cancel within 7 working days after the electronic communication is sent. If the disclosure documents are mailed to you, you must give the notice within 9 working days after they were posted. Saturdays, Sundays, and national public holidays are not counted as working days. What you may have to pay if you cancel If you cancel the contract the Lender can charge you: (i) The amount of any reasonable expenses the Lender had to pay in connection with the contract and its cancellation (including legal fees and fees for credit reports, etc) and (ii) Interest for the period from the day you received the advance until the day you repay the advance. If you wish to keep the property (including vehicles) you must pay the unpaid balance within 15 working days of the day the notice is given. This statement only contains a summary of your rights and obligations in connection with the right to cancel. If there is anything about your rights or obligations under the Credit Contracts and Consumer Finance Xxx 0000 that you do not understand, if there is a dispute about your rights, or if you think that the Lender is being unreasonable in any way, you should seek legal advice immediately.

Appears in 3 contracts

Samples: Credit and Security Contract, Credit and Security Contract, Credit and Security Contract

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How to cancel. If you want to cancel you must give written notice to the Lender of the cancellation within 5 working days from the date this disclosure was made. You must also return to the Lender any advance and any other property received by you under the contract. TIME LIMITS FOR CANCELLATION If the disclosure documents are handed to you directly you must give notice that you intend to cancel within 5 working days after you receive the documents. If the disclosure documents are sent to you by electronic means (for example, email) you must give notice that you intend to cancel within 7 5 working days after the electronic communication is sent. If the disclosure documents are mailed to you, you must give the notice within 9 7 working days after they were posted. Saturdays, Sundays, and national public holidays are not counted as working days. What you may have to pay if you cancel If you cancel the contract the Lender can charge you: (i) The amount of any reasonable expenses the Lender had to pay in connection with the contract and its cancellation (including legal fees and fees for credit reports, etc) and (ii) Interest for the period from the day you received the advance until the day you repay the advance. If you wish to keep the property (including vehicles) you must pay the unpaid balance within 15 working days of the day the notice is given. This statement only contains a summary of your rights and obligations in connection with the right to cancel. If there is anything about your rights or obligations under the Credit Contracts and Consumer Finance Xxx 0000 that you do not understand, if there is a dispute about your rights, or if you think that the Lender is being unreasonable in any way, you should seek legal advice immediately.

Appears in 2 contracts

Samples: Credit and Security Contract, Credit and Security Contract

How to cancel. If you want to cancel you must give written notice to the Lender of the cancellation within 5 working days from the date this disclosure was made. You must also return to the Lender any advance and any other property received by you under the contract. TIME LIMITS FOR CANCELLATION If the disclosure documents are handed to you directly you must give notice that you intend to cancel within 5 working days after you receive the documents. If the disclosure documents are sent to you by electronic means (for example, email) you must give notice that you intend to cancel within 7 working days after the electronic communication is sent. If the disclosure documents are mailed to you, you must give the notice within 9 working days after they were posted. Saturdays, Sundays, and national public holidays are not counted as working days. What you may have to pay if you cancel If you cancel the contract the Lender can charge you: (i) The amount of any reasonable expenses the Lender had to pay in connection with the contract and its cancellation (including legal fees and fees for credit reports, etc) and (ii) Interest for the period from the day you received the advance until the day you repay the advance. If you wish to keep the property (including vehicles) you must pay the unpaid balance within 15 working days of the day the notice is given. This statement only contains a summary of your rights and obligations in connection with the right to cancel. If there is anything about your rights or obligations under the Credit Contracts and Consumer Finance Xxx 0000 Act 2003 that you do not understand, if there is a dispute about your rights, or if you think that the Lender is being unreasonable in any way, you should seek legal advice immediately.

Appears in 1 contract

Samples: Credit and Security Contract

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How to cancel. if, you decide to cancel this transaction, you may do so by notifying the contractor in writing at: Renew USA LLC 000 Xxxx Xxxxxx Xxx X. Xxxxxxx, XX 00000 You may use any written statement that is signed and dated by you and states your intention to cancel. Keep this copy of the notice be-cause it contains important Information about your rights. If you want to cancel by mail, you must give send the notice to the above location no later than midnight of the 3rd day(or if you are financing the transaction by midnight of the third business day following the latest of the three events listed above in Section A). If you send or de- liver your written notice to cancel some other way, it must be delivered to the Lender above address no later than that time. A. FINANCING If you are financing the transaction through a third party lender and financing will result in a security interest in your home, then you have a legal right under federal law to cancel this transaction without cost, within three business days (72 hours) from whichever of the cancellation within 5 working days following events occurs last: 1) The date of this transaction; or 2) The date you received your Truth-in-Lending disclosures from a third party lender; or 3) The date you received the date this disclosure was madeNotice of Right to Cancel from a third party lender. You must also return to the Lender any advance and any other property received by you under the contract. TIME LIMITS FOR CANCELLATION If the disclosure documents are handed to you directly you must give notice that you intend to cancel within 5 working days after you receive the documents. If the disclosure documents are sent to you by electronic means (for example, email) you must give notice that you intend to cancel within 7 working days after the electronic communication is sent. If the disclosure documents are mailed to you, you must give the notice within 9 working days after they were posted. Saturdays, Sundays, and national public holidays are not counted as working days. What you may have to pay if you cancel If you cancel the contract transaction with a third party lender the Lender can charge you: (i) The amount of security interest is also canceled. With-in 20 calendar days after the lender receives your notice, it must take the steps necessary to reflect the fact that the security interest in your home has been canceled, and must return any reasonable expenses the Lender had money or property you have given by thelender or to pay anyone else in connection with this transaction. You may keep any money or property the contract and its cancellation (including legal fees and fees for credit reports, etc) and (ii) Interest for the period from the day lender has given you received the advance until the day lender has done the things mentioned above, but you repay must then offer to return the advancemoney or property. If it is impractical or unfair to return the property, you wish must offer its’ reasonable value. You may offer to keep return the property (including vehicles) you at your home or at the location of the property. Money must pay be returned to the unpaid balance address provided by the lender. If the lender does not take possession of the money or property within 15 working 20 calendar days of the day the notice is given. This statement only contains a summary of your rights and obligations in connection with the right to cancel. If there is anything about your rights or obligations under the Credit Contracts and Consumer Finance Xxx 0000 that offer you do not understand, if there is a dispute about your rights, or if you think that the Lender is being unreasonable in any way, you should seek legal advice immediatelymay keep it without further obligation.

Appears in 1 contract

Samples: Solar Energy System Installation Agreement

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