Guaranteed asset protection waiver means that term as defined in section 3 of the guaranteed asset protection waiver act.

Guaranteed asset protection waiver means a contractual agreement in which a creditor agrees for a separate charge to cancel or waive all or part of amounts due on a borrower's finance agreement in the event of a total physical damage loss or unrecovered theft of a motor vehicle.

Guaranteed asset protection waiver or ‘GAP waiver’ means a contractual agreement in which a creditor agrees for a separate charge to cancel or waive all or part of amounts due on a borrower’s finance agreement in the event of a total physical damage loss or unrecovered theft of the motor vehicle, which agreement must be part of, or a separate addendum to, the finance agreement.

Examples of Guaranteed asset protection waiver in a sentence

Guaranteed asset protection waiver agreements may be cancelable or non-cancelable after the Free Look Period.
Guaranteed asset protection waiver agreements may be cancelable or non- cancelable after the Free Look Period.
Guaranteed asset protection waiver agreements may be cancellable or non-cancellable after the free look period.
Washington medicare supplement insur-ance regulation.tion, health care service contractor, motor vehicle service contract provider, service contract provider, protection prod- uct guarantee providers, self-funded multiple employer wel-284-83 Long-term care insurance rules.284-87 Joint underwriting association for mid-wifery and birthing centers malprac- tice insurance.284-92 Liability risk retention.284-97 Life settlement regulation.284-160 Guaranteed asset protection waiver.
Excess wear and use waivers may also cancel or waive amounts due20 for excess mileage;21 (6) "Guaranteed asset protection waiver", a contractual agreement in which a22 creditor agrees, with or without a separate charge, to cancel or waive all or part of23 amounts due on a borrower's finance agreement in the event of a total physical damage24 loss or unrecovered theft of the motor vehicle, which agreement shall be part of, or a25 separate addendum to, the finance agreement.

More Definitions of Guaranteed asset protection waiver

Guaranteed asset protection waiver or "waiver" means a

Guaranteed asset protection waiver or "waiver" means a contractual agreement in which a creditor agrees for a separate charge to cancel or waive all or part of the amount due on a borrower's finance agreement for a motor vehicle in the event of a total physical damage loss or unrecovered theft of the motor vehicle. The waiver must be part of or a separate addendum to the finance agreement. [PL 2017, c. 475, Pt. A, §13 (RPR).]

Guaranteed asset protection waiver or "GAP waiver" means a contractual agreement wherein a

Guaranteed asset protection waiver means a contractual obligation under which a creditor agrees, for a separate charge, to cancel or waive all or part of amounts due on a borrower’s finance agreement in the event of a total physical damage loss or unrecov- ered theft of the motor vehicle specified in the finance agreement.

Guaranteed asset protection waiver means a contractual

Guaranteed asset protection waiver means a contractual agreement in which a

Guaranteed asset protection waiver means a contractual agreement that is part of or