Common use of How to cancel Clause in Contracts

How to cancel. If you want to cancel you must give written notice to the Lender of the cancellation within 5 working days from the date this disclosure was made. You must also return to the Lender any advance and any other property received by you under the contract. TIME LIMITS FOR CANCELLATION If the disclosure documents are handed to you directly you must give notice that you intend to cancel within 5 working days after you receive the documents. If the disclosure documents are sent to you by electronic means (for example, email) you must give notice that you intend to cancel within 7 working days after the electronic communication is sent. If the disclosure documents are mailed to you, you must give the notice within 9 working days after they were posted. Saturdays, Sundays, and national public holidays are not counted as working days. What you may have to pay if you cancel If you cancel the contract the Lender can charge you: (i) The amount of any reasonable expenses the Lender had to pay in connection with the contract and its cancellation (including legal fees and fees for credit reports, etc) and (ii) Interest for the period from the day you received the advance until the day you repay the advance. If you wish to keep the property (including vehicles) you must pay the unpaid balance within 15 working days of the day the notice is given. This statement only contains a summary of your rights and obligations in connection with the right to cancel. If there is anything about your rights or obligations under the Credit Contracts and Consumer Finance Xxx 0000 that you do not understand, if there is a dispute about your rights, or if you think that the Lender is being unreasonable in any way, you should seek legal advice immediately.

How to cancel. If you want to cancel you must give written notice to the Lender of the cancellation within 5 working days from the date this disclosure was made. You must also return to the Lender any advance and any other property received by you under the contract. TIME LIMITS FOR CANCELLATION If the disclosure documents are handed to you directly you must give notice that you intend to cancel within 5 working days after you receive the documents. If the disclosure documents are sent to you by electronic means (for example, email) you must give notice that you intend to cancel within 7 5 working days after the electronic communication is sent. If the disclosure documents are mailed to you, you must give the notice within 9 7 working days after they were posted. Saturdays, Sundays, and national public holidays are not counted as working days. What you may have to pay if you cancel If you cancel the contract the Lender can charge you: (i) The amount of any reasonable expenses the Lender had to pay in connection with the contract and its cancellation (including legal fees and fees for credit reports, etc) and (ii) Interest for the period from the day you received the advance until the day you repay the advance. If you wish to keep the property (including vehicles) you must pay the unpaid balance within 15 working days of the day the notice is given. This statement only contains a summary of your rights and obligations in connection with the right to cancel. If there is anything about your rights or obligations under the Credit Contracts and Consumer Finance Xxx 0000 that you do not understand, if there is a dispute about your rights, or if you think that the Lender is being unreasonable in any way, you should seek legal advice immediately.