Gap waiver definition
Gap waiver means a provision in a consumer lease offered or sold pursuant to the terms of s. 218.0148.
Gap waiver means, with respect to any Receivable, any voluntary debt cancellation coverage obtained by an Obligor pursuant to the related Contract and financed as part of such Receivable.
Gap waiver means the amendment to a loan or lease agreement whereby Dealer agrees to waive all or a portion of Borrower’s debt as a result of a Loss, as defined in the GAP Waiver.
Examples of Gap waiver in a sentence
Gap waiver of vci or instrument that assignment and retail installment security agreement before you unless a legal title Truth in lending act; effect of compliance.