Common use of CANCELLATION AND REFUND Clause in Contracts

CANCELLATION AND REFUND. Provided there are no claims made under this Agreement, YOU may cancel this Agreement within thirty (30) days of purchase for a full refund of the purchase price paid. After thirty (30) days or if there are claims made, YOU will receive a prorated refund of the purchase price paid, less a $50 service charge. Written notice must be mailed to the administrator stating the effective date of cancellation, mileage and Agreement number. The refund will be based on the lesser of time or miles of coverage remaining. WE may cancel this Agreement in the event the charge for YOUR Agreement has not been paid, if the odometer has been disconnected or altered, the New Vehicle MANUFACTURER’S WARRANTY has been canceled or voided, or if there is a material misrepresentation on the Vehicle Service Agreement Application. If WE cancel, YOU will not be charged a $50 service charge. If the administrator has notice of a lienholder/lessor and a Discharge of Lien is not provided, any refund will be issued to the lienholder/lessor. If cancelled, the Agreement may not be repurchased or Plan coverage reinstated on YOUR VEHICLE.

Appears in 14 contracts

Samples: Mechanical Protection Plan, Mechanical Protection Plan, Mechanical Protection Plan

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CANCELLATION AND REFUND. Provided there are no claims made under this Agreement, YOU may cancel this Agreement within thirty (30) days of purchase for a full refund of the purchase price paid. After thirty (30) days or if there are claims made, YOU will receive a prorated refund of the purchase price paid, less a $50 service charge. Written notice must be mailed to the administrator stating the effective date of cancellation, mileage and Agreement number. The refund will be based on the lesser of time or miles of coverage remaining. WE may cancel this Agreement in the event the charge for YOUR Agreement has not been paid, if the odometer has been disconnected or altered, the New Vehicle MANUFACTURER’S 'S WARRANTY has been canceled or voided, or if there is a material misrepresentation on the Vehicle Service Agreement Application. If WE cancel, YOU will not be charged a $50 service charge. If the administrator has notice of a lienholder/lessor and a Discharge of Lien is not provided, any refund will be issued to the lienholder/lessor. If cancelled, the Agreement may not be repurchased or Plan coverage reinstated on YOUR VEHICLE.

Appears in 3 contracts

Samples: Mechanical Protection Plan, Mechanical Protection Plan, Mechanical Protection Plan

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CANCELLATION AND REFUND. Provided there are no claims made under this Agreement, YOU may cancel this Agreement within thirty (30) days of purchase for a full refund of the purchase price paid. After thirty (30) days or if there are claims made, YOU will receive a prorated refund of the purchase price paid, less a $50 service charge. Written notice must be mailed to the administrator stating the effective date of cancellation, mileage and Agreement number. The refund will be based on the lesser of time or miles of coverage remaining. WE may cancel this Agreement in the event the charge for YOUR Agreement has not been paid, if the odometer has been disconnected or altered, the New Vehicle MANUFACTURER’S WARRANTY has been canceled cancelled or voided, or if there is a material misrepresentation on the Vehicle Service Agreement Application. If WE cancel, YOU will not be charged a $50 service charge. If the administrator has notice of a lienholder/lessor and a Discharge of Lien is not provided, any refund will be issued to the lienholder/lessor. If cancelled, the Agreement may not be repurchased or Plan coverage reinstated on YOUR VEHICLE.

Appears in 3 contracts

Samples: Mechanical Protection Plan, Mechanical Protection Plan, Mechanical Protection Plan

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