Excess Reduction definition

Excess Reduction means the product called ‘Excess Reduction’ that You may purchase before Your rental commences to reduce any Excess Amount payable;

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Excess Reduction means the product called Excess Reduction that You may purchase before the rental commences to reduce any excess amount payable;

Excess Reduction means excess Council Tax Support to which there is no entitlement;

Examples of Excess Reduction in a sentence

• The Bond payable in respect of the Vehicle or any incident shall be in accordance with the Excess Reduction Cover package option selected by the Hirer at the time of renting and specified in the Rental Agreement, being either of the “Stress Free Plus”, “Stress Free” or “Risk Taker” options, and the excess applicable to such option will apply together with the appropriate rate of payment for such option.

• Please note a licence classified as, or comparable to a Green P licence will be accepted, however the Authorised Driver agrees to be bound by any restrictions or conditions imposed on or in connection with that licence and is aware that any Excess Reduction Cover may be voided and this Agreement may be terminated if such restrictions or conditions are not adhered to.

• All Mechanical breakdowns are covered by JUCY’s relevant Roadside Assistance program and include the following: Engine Faults Electrical Faults Cooling system Vehicle recovery All Non-Mechanical breakdowns are subject to the relevant call out fees being charged by RACQ, or any other third party supplier and are not covered by Stress Free Plus or Stress Free Excess Reduction Cover, an administration fee may also be applied by JUCY.

• If the Hirer elects not to use Excess Reduction Cover, the excess payable by the Hirer is the Standard (Risk Taker) Excess as per the Rental Agreement and is payable for each and every event involving the Vehicle.

• If a replacement vehicle is available and accepted by the HIRER for the remainder of the Rental Period a new Excess Reduction policy will be required.

More Definitions of Excess Reduction

Excess Reduction means excess Council Tax Reduction to which there is no entitlement;

Excess Reduction means excess Council Tax Support to which there is no entitlement; “extended reduction” means a reduction under this scheme for which a person is eligible under Part 12 (extended reduction);

Excess Reduction means a reduction awarded in excess of the reduction which an applicant is entitled to under the provisions of this scheme.

Excess Reduction. The Parties shall discuss and agree on the principles and processes for the measuring and determining of the quantum of Excess Reduction. In the event that the Supplier achieves an Excess Reduction in any Fiscal Year, such Excess Reduction shall be shared equally by the Supplier and the Buyer. The sharing of such Excess Reduction shall be over and above any Annual Rebate and/or Interim Rebate payable by the Supplier to the Buyer.

Excess Reduction means the product called ‘Excess Reduction’ that You may

Excess Reduction shall have the meaning as set forth in Section 2.2.

Excess Reduction means the product called ‘Excess Reduction’ that You may purchase before the rental commences to reduce any excess amount payable; ‘Late Return Charge’ means a charge of $40 (incl GST) payable by You if You do not return the Vehicle on the date and by the time shown on the Rental Document