EXPIRATION MILEAGE definition
EXPIRATION MILEAGE means the mileage Term purchased is added to the mileage on the odometer at the time of purchase. This Contract will expire at either the EXPIRATION DATE or the EXPIRATION MILEAGE, whichever occurs first, or when we have wholly fulfilled our financial obligations under the terms of the Limit of Liability clause of Section 8 WHAT IS NOT COVERED by this Contract.
EXPIRATION MILEAGE means if the mileage term purchased exceeds fifty thousand (50,000) miles, this Vehicle Service Contract will expire at the mileage Term purchased, plus the one thousand (1000) mile WAITING PERIOD. (For example, with the Term 72/100, i.e., seventy‐two (72) months or one hundred thousand (100,000) miles, this Vehicle Service Contract will expire at one hundred one thousand (101,000) miles.) The mileage Term is NOT added to the mileage on the odometer at the time of purchase. If the mileage Term purchased is fifty thousand (50,000) miles or less, the mileage Term purchased and the one thousand (1000) mile WAITING PERIOD are added to the mileage on the odometer at the time of purchase. This Vehicle Service Contract will expire at either the EXPIRATION DATE or the EXPIRATION MILEAGE, whichever occurs first, or when WE have wholly fulfilled OUR financial obligations under the terms of the Limit of Liability clause of SECTION 7 ‐ WHAT IS NOT COVERED by this Vehicle Service Contract. If the “No WAITING PERIOD” option is selected and paid, the one thousand (1000) mile WAITING PERIOD will not be added to the EXPIRATION MILEAGE calculation. “FAILURE” or “FAILED” means the inability of any covered component(s), which has received manufacturer’s recommended service, to perform the function(s) for which it was designed, including when any covered component(s) has worn beyond the manufacturer’s tolerances allowed for the particular Vehicle at the mileage when the problem occurs.
EXPIRATION MILEAGE means 0 on the odometer plus the Term Miles as listed on this Vehicle Service Contract. (For example, with the Term Miles one hundred fifty thousand (150,000) miles, the contract will expire when the COVERED VEHICLE’s odometer reaches one hundred fifty thousand (150,000) miles.) The mileage Term is NOT added to the mileage on the odometer at the time of purchase. This Contract will expire at the EXPIRATION MILEAGE or when WE have wholly fulfilled OUR financial obligations under the terms of the Limit of Liability clause of SECTION 8. WHAT IS NOT COVERED by this Contract.
Examples of EXPIRATION MILEAGE in a sentence
YOUR VEHICLE SERVICE CONTRACT will end on the EXPIRATION DATE or when the VEHICLE's Odometer indicates the VEHICLE has reached the EXPIRATION MILEAGE limit, whichever occurs first.
The EFFECTIVE DATE, START MILEAGE, EXPIRATION DATE and EXPIRATION MILEAGE are indicated on the DECLARATIONS PAGE.