Excess Reduction Option definition

Excess Reduction Option means the Liability Reduction Option described in clause 28.
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Excess Reduction Option means the Liability Reduction Option described in clause 31. ‘Rental Period’ means the hire period or any agreed variation thereof and any additional period during which the Vehicle is in the Customer’s possession or control.
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Examples of Excess Reduction Option in a sentence

  • Please note the Hirer is fully liable for all costs if the accessories are lost, damaged or stolen regardless of what Excess Reduction Option was taken.

  • Spaceships reserve the right to not supply another Vehicle regardless of your Excess Reduction Option.

  • These fees apply regardless what Excess Reduction Option you have.

  • Please note the hirer is fully liable for all towing/ retrieval costs of the damage vehicle regardless of the Excess Reduction Option the hirer has selected.

  • The Customer is responsible for all damage if travelling on these roads, liable for ALL associated costs of any repairs, towing and all damages if you do regardless of which Excess Reduction Option you have.

  • The website contains information on legislation, licensing and fees, as well as, a listing of all licensed operators and vendors active in the Province.

  • The Vehicle Security Deposit amount is determined by the Excess Reduction Option selected.

  • Please note the hirer is fully liable for all towing/retrieval costs of the damaged vehicle regardless of the Excess Reduction Option the hirer has selected.Please be aware that once an Excess Reduction Option is selected and confirmed with Kiwi Campers, the cost of the Excess Reduction Option is non-refundable and each .

  • Please note that the Hirer is fully liable for all costs if the accessories are lost, damages or stolen regardless of what Excess Reduction Option was taken.

  • Please be aware that once an Excess Reduction Option is selected and confirmed with Kiwi Campers, the cost of the Excess Reduction Options is NON- REFUNDABLE.

Related to Excess Reduction Option

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • extended reduction period means the period for which a person is in receipt of an extended reduction in accordance with paragraph 89, 96 or 101;

  • Reduction Notice has the meaning set forth in Section 1.3.

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

  • Renewal Option has the meaning set forth in §12.1.

  • Aggregate Reduction has the meaning specified in Section 1.3.

  • Load Reduction Event means a reduction in demand by a Member or Special Member for the purpose of participating in the PJM Interchange Energy Market.

  • First Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • Second Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Election Period means the period immediately preceding the beginning of each Plan Year established by the Administrator, such period to be applied on a uniform and nondiscriminatory basis for all Employees and Participants. However, an Employee's initial Election Period shall be determined pursuant to Section 5.1.

  • Prepayment Premium Period means the period during which, if a prepayment of principal occurs, a prepayment premium will be payable by Borrower to Lender. The Prepayment Premium Period is the period from and including the date of this Note until but not including the first day of the Window Period.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Reduction Amount has the meaning set forth in Section 2.05(b)(viii).

  • Subordinate Reduction Amount With respect to any Payment Date, the sum of the Scheduled Principal, Unscheduled Principal and Recovery Principal for such Payment Date, less the Senior Reduction Amount.

  • Early Termination Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, these Conditions or the relevant Final Terms;

  • Early Termination Notice is defined in Section 4.2 of this Agreement.

  • FX Reduction Amount is defined in Section 2.1.3.

  • Option Period means the period during which an Option may be exercised.

  • Call Option Period has the meaning given to it in Condition 6.04 (Call Option);

  • Appraisal Reduction Amount shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

  • extended reduction means a reduction under this scheme for which a person is eligible under Part 12 (extended reductions);

  • Reduction Event means any of the following:

  • Applied Special Termination Advance has the meaning assigned to such term in Section 2.05.