Mileage limit definition

Mileage limit. – this term means the maximum number of kilometres indicated in the Special Terms that the Vehicle may cover without incurring additional charges (fees) to the Lessee. The cost of the Mileage limit is included in the Lease Payment. Excess mileage fee is indicated in the Special Terms.
Mileage limit means the number of miles that a Lease Vehicle may be driven during the Lease Term without incurring an Excess Mileage Fee; such limit shall be set forth in the Lease.
Mileage limit. The maximum number of miles indicated on the Schedule Page that this Agreement shall be in force. OBLIGOR, WE, US, AND OUR: Auto Knight Motor Club, Inc., 00000 Xxxxxxxx Xxxx Xxxx., Xxx. 000, Xxxxxxxxxxxx, XX 00000 (000) 000-0000) who is the Obligor to this Agreement except in the state of Florida and Oklahoma. In the state of Florida and Oklahoma, the Obligor is Xxxxxx Southern Insurance Company, 00000 Xxxxxxxx Xxxx Xxxx., Xxx. 000, Xxxxxxxxxxxx, XX 00000, Tel: (000) 000-0000, (Florida License No. 03698, Oklahoma License No. 44194686). OVERSIZED TIRES: Approved tires are those tires that do not exceed thirty-five inches (35”) in diameter. PAYMENT PLAN: The Payment Plan Agreement attached to this Vehicle Service Agreement that outlines the terms in which you have agreed to pay on a monthly basis. PRE-EXISTING: A condition and/or failure that within all reasonable mechanical probability and mechanical fitness existed prior to the Agreement Purchase Date. QUALIFIED LIFT OR DROP: Vehicles with lift kits not greater than six inches (6”) or drops not lower than two inches (2”). RIDESHARE: A car service in which a person arranges a ride in a privately-owned vehicle (e.g. Uber, Lyft, or vehicles with a TLC license in New York City and New York, excluding Taxi or Yellow Cab).

Examples of Mileage limit in a sentence

  • BREAKDOWN COVERAGE ENDS AT 12:00 MIDNIGHT ON THE DAY THE TERM LISTED ON THE SCHEDULE PAGE EXPI R ES OR WHEN THE VEHICLE’S ODOMETER MILEAGE EXCEEDS THE MILEAGE LIMIT LISTED ON THE SCHEDULE PAGE, WHICHEVER OCCURS SOONER.


More Definitions of Mileage limit

Mileage limit ѥthis term means the maximum number of kilometres indicated in the Special Termsthat the Vehicle may cover without incurring aditdi onal charges(fees)to the Lessee. The cost of thMeileage limit is included in theLease Paymen.tExcess mileage fee is
Mileage limit shall be: The lower of (a) or as measured by the odometer that each item of Purchase Money Inventory can be driven before payment to AFC is required under section 2.5 or (b) or as measured by the odometer that each item of Purchase Money Inventory can be driven after the date of Advance before payment to AFC is required under Section 2.5.

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