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.
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.
GAP Refund or “GAP Refunds” hereinafter means refunding unearned fees or premiums paid by consumers for GAP protection on retail installment sales