Vehicle value protection agreement definition

Vehicle value protection agreement means a contractual
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Vehicle value protection agreement means the same as that term is defined in Section 13-63-101.
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Vehicle value protection agreement means an agreement to reduce, on the occurrence of a covered event, all or a portion of a contract holder’s finance agreement deficiency balance at the time of the covered event, including a credit toward the purchase or lease of a replacement motor vehicle or for motor vehicle services. A vehicle value protection agreement does not include a debt waiver agreement or a mechanical repair contract.
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Examples of Vehicle value protection agreement in a sentence

  • Vehicle value protection agreement may include an agreement such as, but not limited to, a trade-in-credit agreement, diminished value agreement, depreciation benefit agreement, or other similarly named agreement.

  • Vehicle value protection agreement does not include a debt waiver.

  • Vehicle value protection agreement -- Required disclosures -- Finance agreement conditions.


More Definitions of Vehicle value protection agreement

Vehicle value protection agreement means an agreement for a separate charge between a provider and purchaser under which the provider agrees to, upon damage, total loss, or unrecovered theft of the purchaser's covered vehicle, provide a benefit to the purchaser that may be applied to:
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Vehicle value protection agreement means a contractual agreement that provides a benefit towards either the reduction of some or all of the contract holder's current finance agreement deficiency balance, or towards the purchase or lease of a replacement motor vehicle or motor vehicle services, upon the occurrence of an adverse event to the motor vehicle including, but not limited to, loss, theft, damage, obsolescence, diminished value, or depreciation. These agreements do not include debt waivers. These agreements may include, but not be limited to, trade-in-credit agreements, diminished value agreements, depreciation benefit agreements, or other similarly named agreements.
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Vehicle value protection agreement means an agreement:
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Vehicle value protection agreement means an agreement for a separate
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Vehicle value protection agreement means an agreement for a separate charge between a provider and purchaser under which the provider agrees to, upon damage, total loss, or unrecovered theft of the purchaser's covered vehicle, provide a benefit to the purchaser that may be applied to: (i) the cash value of the covered vehicle when traded in for a replacement vehicle; (ii) the finance agreement for a replacement vehicle; or (iii) the purchase or lease price of a replacement vehicle.
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Related to Vehicle value protection agreement

  • Treasury Management Agreement means any agreement governing the provision of treasury or cash management services, including deposit accounts, overdraft, credit or debit card, funds transfer, automated clearinghouse, zero balance accounts, returned check concentration, controlled disbursement, lockbox, account reconciliation and reporting and trade finance services and other cash management services.

  • Factoring Agreement means any factoring agreement by and between Borrower and/or any Restricted Subsidiary and a Factor.

  • Collateral Management Agreement The agreement dated as of the Closing Date, between the Issuer and the Collateral Manager relating to the management of the Collateral Obligations and the other Assets by the Collateral Manager on behalf of the Issuer, as amended from time to time in accordance with the terms thereof.

  • Closing protection letter means an agreement by the division to indemnify a lender or owner or both for loss caused by a division closer’s theft of settlement funds or failure to comply with written closing instructions relating to title certificate coverage when agreed to by the division closer.

  • Assignment of Management Agreement means the Assignment of Management Agreement and Subordination of Management Fees, dated the same date as this Loan Agreement, among Borrower, Lender and Property Manager, including all schedules, riders, allonges and addenda, as such Assignment of Management Agreement may be amended from time to time, and any future Assignment of Management Agreement and Subordination of Management Fees executed in accordance with Section 6.09(d).

  • Management Agreement means the agreement of the Directors in the form attached hereto as Schedule C. The Management Agreement shall be deemed incorporated into, and a part of, this Agreement.