Common use of TERMS AND CONDITIONS AND DEFINITIONS Clause in Contracts

TERMS AND CONDITIONS AND DEFINITIONS. CONTRACT: This Vehicle Service Contract ("CONTRACT") is between the Provider ("PROVIDER") and the Purchaser ("PURCHASER") of the Vehicle ("VEHICLE"). This is not an insurance contract. This CONTRACT is not issued by the manufacturer or wholesale company marketing the product. This CONTRACT will not be honored by such manufacturer or wholesale company. The CONTRACT provides specific protection for the parts (which are not excluded) for the time or mileage as specified above, whichever occurs first. Subject to the terms and conditions of this CONTRACT, itemized herein, provisions for payment will be made to repair or replace, at reasonable COST for parts and labor, any parts (which are not excluded) in this CONTRACT as authorized by the ADMINISTRATOR, if required due to a MECHANICAL BREAKDOWN. The decision concerning procedure to repair or replace the parts shall be made at the discretion of the ADMINISTRATOR. Replacement of parts may be with like kind and quality (i.e. new, remanufactured or pre-owned parts). As a condition precedent to the obligations to provide for the payment of authorized repairs, the PURCHASER shall have complied with all terms and conditions of this CONTRACT. WRAP/CERTIFIED WRAP/ADD ON WRAP: The manufacturer’s power train warranty must remain in effect through its full term during the life of this CONTRACT to receive benefits. If this is a certified WRAP CONTRACT, manufacturer’s certification must be completed before the purchase of the CONTRACT and must accompany the application. For Wrap Plus and Certified Wrap Plus Plans, the time & mileage terms start on the vehicle manufacturer’s in-service date and at zero

Appears in 2 contracts

Samples: Mbpi Preferred, Mbpi Preferred

AutoNDA by SimpleDocs

TERMS AND CONDITIONS AND DEFINITIONS. CONTRACT: This Vehicle Service Contract ("CONTRACT") is between the Provider ("PROVIDER") and the Purchaser ("PURCHASER") of the Vehicle ("VEHICLE"). This is not an insurance contract. This CONTRACT is not issued by the manufacturer or wholesale company marketing the product. This CONTRACT will not be honored by such manufacturer or wholesale company. The CONTRACT provides specific protection for the parts (which are not excluded) for the time or mileage as specified above, whichever occurs first. Subject to the terms and conditions of this CONTRACT, itemized herein, provisions for payment will be made to repair or replace, at reasonable COST for parts and labor, any parts (which are not excluded) in this CONTRACT as authorized by the ADMINISTRATOR, if required due to a MECHANICAL BREAKDOWN. The decision concerning procedure to repair or replace the parts shall be made at the discretion of the ADMINISTRATOR. Replacement of parts may be with like kind and quality (i.e. new, remanufactured or pre-owned parts). As a condition precedent to the obligations to provide for the payment of authorized repairs, the PURCHASER shall have complied with all terms and conditions of this CONTRACT. WRAP/CERTIFIED WRAP/ADD ON WRAP: The manufacturer’s power train warranty must remain in effect through its full term during the life of this CONTRACT to receive benefits. If this is a certified WRAP CONTRACT, manufacturer’s certification must be completed before the purchase of the CONTRACT and must accompany the application. For Wrap Plus and Certified Wrap Plus Plans, the time & mileage terms start on the vehicle manufacturer’s in-service date and at zerozero (0) miles. The coverage expires when the length of time from the in-service date or accumulated term mileage is reached, whichever comes first. For Add On Wrap Plans and Certified Wrap Plus Plans, the time and mileage terms start on the contract date of sale and at zero (0) miles. The coverage expires when the length of time or accumulated term mileage is reached, whichever comes first. COST: Repair costs that are recognized locally and/or nationally for a similar repair. The ADMINISTRATOR may use published parts and labor guides to establish COSTS. ADMINISTRATOR: Mechanical Breakdown Protection, Inc. (MBPI) 250 NE Mulberry Xxx’x Summit, Missouri 64086, 000-000-0000. PROVIDER: Vehicle Protection, Inc. 000 XX Xxxxxxxx, Xxx’x Xxxxxx, Missouri 64086, 000-000-0000. California Department of Insurance license # 0I96336. For Florida, Louisiana, Oklahoma and Wyoming only, the ADMINISTRATOR/PROVIDER is MBP Network, Inc. (FL license # 01-43-1911735) located at 000 XX Xxxxxxxx, Xxx’x Xxxxxx, MO 64086, 000-000-0000.

Appears in 2 contracts

Samples: Mbpi Preferred, Mbpi Preferred

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.