GAP Refund definition

GAP Refund means a credit or refund of all or part of the purchase price for a GAP Agreement, which such amount is calculated on a pro rata basis based on the elapsed time from start date of the GAP Agreement to the date of the Early Payoff.
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GAP Refund means a refund or credit for a portion of the purchase price you paid for GAP protection. “Dealer” means the auto dealership where You either purchased, traded in or returned the Vehicle identified above. “GAP Administrator” means the company or administrator identified in your GAP Agreement.
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GAP Refund or “GAP Refunds” hereinafter means refunding unearned fees or premiums paid by consumers for GAP protection on retail installment sales
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Related to GAP Refund

  • Tax Refund means any refund of Taxes, whether by payment, credit, offset, reduction in Tax or otherwise, plus any interest or other amounts received or payable with respect to such refund.

  • Refund means repayment to the Plan for medical or dental benefits that it has paid toward care and treatment of the Injury or Sickness.

  • Adjustment Escrow Fund means the Adjustment Escrow Amount deposited with the Escrow Agent, as such amount may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Adjustment Escrow Amount means $1,000,000.

  • Adjustment Escrow Funds means, at any time, the portion of the Adjustment Escrow Amount then remaining in the Adjustment Escrow Account.