Owned Vehicle Sample Clauses
Owned Vehicle. This paragraph shall apply if you are purchasing a Vehicle from our inventory (i.e., the vehicle has already been manufactured, as indicated by an existing VIN) or a Certified Pre-Owned Vehicle. Your deposit amount (i.e. € 4000 (or £ 4000; 4000 CHF; 30,000 NOK; 30,000 SEK; or 30,000 DKK depending on your local currency)), is non- refundable. We incur significant costs in preparing and coordinating the delivery of your Vehicle, including shipping logistics, re-stocking costs, so if you cancel or default in this Agreement, you agree that we may retain as liquidated damages any cash down payment or deposit made by you, to the extent not otherwise prohibited by law. You also acknowledge that the deposit amount made by you is a fair and reasonable estimate of the actual damages that we may incur in transporting, remarketing and reselling the Vehicle. Except for the “Special Circumstances” described below and as otherwise described in this Agreement, this Agreement is binding and you may not cancel. Where your deposit is or becomes nonrefundable under this Agreement, the deposit is also non-refundable if you are buying using finance from us or another organization and that finance is denied for whatever reason.
Owned Vehicle. If the vehicle does not retain any balance of Hyundai Factory Warranty at time of registration as a Certified Pre-Owned Vehicle the plan: (a) commences on the Date of Application as set out on the Application; and (b) is effective at the current odometer reading as shown on the Application. Expiration of a used vehicle plan is measured according to the Term selected and begins at the Date of Application as set out on the Application and with the current odometer reading. The Certificate provides the Contract Expiration Date and Contract Expiration Mileage for the Contract.
Owned Vehicle. An employee's personally-owned vehicle is defined as: Any non-commercial vehicle less than twenty-three (23) feet in length. The vehicle must be registered in the name of the employee, the employee’s spouse or dependent child, or the employee must sign an affidavit to the effect that it will be registered in the name of the employee, the employee’s spouse or dependent child upon arrival in Alaska and that the vehicle is for the use of the employee, the employee’s spouse or dependent child and is not intended for resale within a period of one (1) year. For an active employee to have a POV shown on an Annual Pass, it must be registered and licensed by the State of Alaska.
Owned Vehicle. A vehicle licensed and titled to an individual, business, or organization other than the university.