Common use of OPTION TO RENEW AGREEMENT Clause in Contracts

OPTION TO RENEW AGREEMENT. You have the option to renew coverage for the Unit identified on the Declaration Page prior to the expiration of this Agreement. The decision to renew coverage is subject to the Administrator’s sole discretion and approval; taking into consideration the following terms and conditions: 1. You must contact the seller directly at least thirty (30) days and one thousand (1,000) miles prior to the expiration date specified on the Declaration Page. 2. The Unit must be eligible for coverage based on the underwriting guidelines in place at the time of the request to renew. 3. You must provide Us with verifiable service records indicating that proper maintenance to the Unit has been performed. Coverage may be denied based on the service history of the Unit. 4. The Unit must be made available for inspection, if requested by Us. 5. If approved, the Administrator will provide You with confirmation of coverage.

OPTION TO RENEW AGREEMENT. You have the option to renew coverage for the Unit identified on the Declaration Page prior to the expiration of this Agreement. The decision to renew coverage is subject to the Administrator’s sole discretion and approval; taking into consideration the following terms and conditions: 1. You must contact the seller directly at least thirty (30) days and one thousand (1,000) miles prior to the expiration date specified on the Declaration Page. 2. The Unit must be eligible for coverage based on the underwriting guidelines in place at the time of the request to renew. 3. You must provide Us with verifiable service records indicating that proper maintenance to the Unit has been performed. Coverage may be denied based on the service history of the Unit. 4. The Unit must be made available for inspection, if requested by Us. 5. If approved, the Administrator will provide You with confirmation of coverage.

OPTION TO RENEW AGREEMENT. You have the option to renew coverage for the Unit identified on the Declaration Page prior to the expiration of this Agreement. The decision to renew coverage is subject to the Administrator’s sole discretion and approval; taking into consideration the following terms and conditions: 1. You must contact the your seller directly at least thirty (30) days and one thousand (1,000) miles prior to the expiration date specified on the Declaration Page. 2. The Unit must be eligible for coverage based on the underwriting guidelines in place at the time of the request to renew. 3. You must provide Us with verifiable service records indicating that proper maintenance to the Unit has been performed. Coverage may be denied based on the service history of the Unit. 4. The Unit must be made available for inspection, if requested by Us. 5. If approved, the Administrator will provide You with confirmation of coverage.