Loan Subvention Program Terms Sample Clauses

Loan Subvention Program Terms. TrueCar and USAA Bank will support a loan rate discount program for Members who (i) purchase a vehicle after using the USAA Auto Program website, (ii) fund the purchase with a USAA Bank auto loan, and (iii) are eligible for USAA’s property and casualty insurance products (such loan rate discount program, the “Loan Subvention Program”). For each Approved Sale where a USAA Auto Loan is used to make the vehicle purchase (“Subvention Sale”) during the Program Period, USAA Bank shall apply a rate discount on the applicable USAA Auto Loan for such new or used vehicle purchase, in accordance with the rate discount calculation set forth in Exhibit B (each such loan, a “Discounted USAA Auto Loan”). USAA Bank shall fund the rate discount for each Discounted USAA Auto Loan.