Cancellation Right definition
Examples of Cancellation Right in a sentence
The Purchaser has a Two Day Cancellation Right and can cancel this agreement by sending notice to the Company by midnight on the 2nd business day after you sign this agreement.
If the Investor invests after the Due Date the Investor will not have a Cancellation Right.
If this Cancellation Right is not exercised within the 14-day period as stated above, and you decide to cancel the policy at a later date, the amount of any premium refund will depend upon the cancellation terms of your insurance policy.
Should any claim occur prior to the exercise of the Cancellation Right where the claim terminates the insurance cover, your insurers may not allow a refund of any of the premium paid.
If the premium has not been paid, a charge may be made for the period of cover given prior to the exercise of the Cancellation Right.