RESPONSIBILITIES OF DEALER. Dealer shall be generally responsible for all costs and marketing the Program at its business or Internet portal and at its sole expense. ▇▇▇▇▇▇ also agrees as follows: A. Dealer shall offer the Program to its new and used vehicle retail Purchasers on all eligible mechanically sound vehicles with no pre- existing conditions at the time of sale throughout the term of this Agreement. B. Dealer shall comply with all Program requirements of Administrator at all times and shall complete all required forms and remittance costs supplied by Administrator. Such requirements will determine which vehicles are eligible for the Program. Dealer additionally agrees to help Administrator, if a customer registration form should be returned by Administrator to Dealer, to either correct an error which caused the decline and then resubmit the customer registration form to Administrator once Program purchaser has re-signed that new customer registration form. If customer’s vehicle is non-eligible in accordance with Administrator's requirements, Administrator and Dealer agree to refund to customer any monies tendered with respect to such rejected customer registration form. Furthermore, Dealer will refund to leinholder the Dealer's proportionate retail share from the difference of the wholesale remittance cost as indicated in Section 4 (Program Remittance), in the event of a cancellation of the Program at the Leinholder’s request due to a verified total loss or repossession of the vehicle registered under the Program. All financed calculations will be based on the amount of months financed through the lender up to 60 months or less if applicable less any fees. If the Program was not financed through any type of financial Institution and falls within the refund guidelines, selling Dealer agrees to refund to the Purchaser their proportionate refund share of their commission for Program. The refund for said Program will be the same proportionate share of the Program as calculated by Administrator C. Dealer agrees that “eligible vehicles” includes only those vehicles that qualify per Administrator's guidelines and which are otherwise in good operating mechanical condition at time of sale with no pre-existing mechanical defects and/or title defects. Any misrepresentation or concealment of a material fact by selling Dealer for the purpose of securing participation in or sale of the Program shall negate Administrator's responsibility for that purchasers Program. ▇▇▇▇▇▇ agrees that Administrator will not refund any funds to dealer, leinholder or customer under those circumstances. Commercial use vehicles o any kind are not eligible for the Program.
Appears in 1 contract
Sources: Automotive Product Warranty Program Dealer Agreement
RESPONSIBILITIES OF DEALER. Dealer shall be generally responsible for all costs and marketing the Program at its business or Internet portal and at its sole expense. ▇▇▇▇▇▇ also agrees as follows:
A. Dealer shall offer the Program to its new and used vehicle retail Purchasers on all eligible mechanically sound vehicles with no pre- existing conditions at the time of sale throughout the term of this Agreement.
B. Dealer shall comply with all Program requirements of Administrator at all times and shall complete all required forms and remittance costs supplied by Administrator. Such requirements will determine which vehicles are eligible for the Program. Dealer additionally agrees to help Administratoragrees, if should a customer registration form should be returned by Administrator to Dealer, to either correct an the error which caused the decline and then and/or resubmit the customer registration form to Administrator once Program purchaser has re-re- signed that new customer registration form. If customer’s vehicle customer registration form is non-eligible in accordance with Administrator's requirements, Administrator and Dealer agree to refund to customer any monies tendered with respect to such rejected customer registration form. Furthermore, Dealer will refund to leinholder the Dealer's proportionate retail share from the difference of the wholesale remittance cost as indicated in Section 4 (Program Remittance), on a pro-rata basis, in the event of a cancellation of the Program at the Leinholder’s request due to a verified total loss or repossession of the vehicle registered covered under the Program. All financed calculations will be based on the amount of months financed through the lender up to 60 months or less if applicable less any fees. If In the Program was not financed through any type of financial Institution and falls within the refund guidelines, selling Dealer agrees to refund to the Purchaser their proportionate refund share of their commission for Program. The refund for said Program will be the same proportionate share of the Program as calculated by Administratorrefund
C. Dealer agrees that “eligible vehicles” includes only those vehicles that qualify per Administrator's guidelines and which are otherwise in good operating mechanical condition at time of sale with no pre-existing mechanical defects and/or title defects. Any misrepresentation or concealment of a material fact by selling Dealer for the purpose of securing participation in or sale of the Program shall negate Administrator's responsibility for that purchasers Program. ▇▇▇▇▇▇ agrees that Administrator will not refund any funds to dealer, leinholder or customer under those these circumstances. Commercial use vehicles o any kind are not eligible for the Program.
Appears in 1 contract
Sources: Automotive Product Warranty Program Dealer Agreement
RESPONSIBILITIES OF DEALER. Dealer shall be generally responsible for all costs and marketing the Program at its business or Internet portal and at its sole expense. ▇▇▇▇▇▇ Dealer also agrees as follows:
A. Dealer shall offer the Program to its new and used vehicle retail Purchasers on all eligible mechanically sound vehicles with no pre- pre-existing conditions at the time of sale throughout the term of this Agreement.
B. Dealer shall comply with all Program requirements of Administrator at all times and shall complete all required forms and remittance costs supplied by Administrator. Such requirements will determine which vehicles are eligible for the Program. Dealer additionally agrees to help Administrator, if a customer registration form should be returned by Administrator to Dealer, to either correct an error which caused the decline and then resubmit the customer registration form to Administrator once Program purchaser has re-signed that new customer registration form. If customer’s vehicle is non-eligible in accordance with Administrator's requirements, Administrator and Dealer agree to refund to customer any monies tendered with respect to such rejected customer registration form. Furthermore, Dealer will refund to leinholder the Dealer's proportionate retail share from the difference of the wholesale remittance cost as indicated in Section 4 (Program Remittance), in the event of a cancellation of the Program at the Leinholder’s request due to a verified total loss or repossession of the vehicle registered under the Program. All financed calculations will be based on the amount of months financed through the lender up to 60 months or less if applicable less any fees. If the Program was not financed through any type of financial Institution and falls within the refund guidelines, selling Dealer agrees to refund to the Purchaser their proportionate refund share of their commission for Program. The refund for said Program will be the same proportionate share of the Program as calculated by Administrator
C. Dealer agrees that “eligible vehicles” includes only those vehicles that qualify per Administrator's guidelines and which are otherwise in good operating mechanical condition at time of sale with no pre-existing mechanical defects and/or title defects. Any misrepresentation or concealment of a material fact by selling Dealer for the purpose of securing participation in or sale of the Program shall negate Administrator's responsibility for that purchasers Program. ▇▇▇▇▇▇ Dealer agrees that Administrator will not refund any funds to dealer, leinholder or customer under those circumstances. Commercial use vehicles o any kind are not eligible for the Program.
Appears in 1 contract
Sources: Automotive Product Warranty Program Dealer Agreement