TRANSFER OF VEHICLE OWNERSHIP Sample Clauses

The "Transfer of Vehicle Ownership" clause defines the process and requirements for legally transferring the title and ownership of a vehicle from one party to another. Typically, this clause outlines the necessary documentation, such as a signed title or bill of sale, and may specify the timing of the transfer, such as upon full payment or delivery of the vehicle. Its core function is to ensure that both parties clearly understand when and how ownership changes hands, thereby preventing disputes and ensuring compliance with legal and regulatory requirements.
TRANSFER OF VEHICLE OWNERSHIP. In the event You sell the covered Vehicle, this Extended Service Agreement shall terminate. You may apply for a transfer to the new owner. Submit immediately (within fifteen [15] days of the change in ownership) to the Selling Dealer in writing, along with the transfer fee of $50.00, the following: The Extended Service Agreement number, Vehicle identification number, mileage, make and model of the Vehicle, date of sale of the Vehicle, and the name and address of both Yourself and the new owner of the covered Vehicle. This Extended Service Agreement may not be assigned separately from the covered Vehicle, nor can it be assigned to a new or used Vehicle dealership or anyone other than an individual person purchasing Your Vehicle. Copies of maintenance records must be obtained from the original owner by the new owner of the Vehicle to assure transfer of the manufacturer's warranty. In the event this Extended Service Agreement is properly transferred to an individual person purchasing Your Vehicle in accordance with the terms and conditions above, this Agreement may not be transferred by the new owner of the covered Vehicle to any subsequent owner under any circumstance. Important: See State Guidelines regarding Your rights, privileges, and conditions governing transfer of this Extended Service Agreement in Your state.
View SourceView Similar (3)
TRANSFER OF VEHICLE OWNERSHIP. If You sell Your Vehicle or if there is any change in the ownership of Your Vehicle, You may request to transfer the remaining coverage of this Contract to the new owner. This request must be submitted within fifteen (15) days of the change in Vehicle ownership. You must notify the Administrator of the transfer of ownership in writing and must include the following: a transfer fee of $50, the name and address of the new owner, and the mileage of the Vehicle at the time of transfer. The Administrator has the discretion to approve or reject your request to transfer coverage. Copies of all maintenance records showing oil changes and manufacturer’s required maintenance must be given to the new owner. The new owner must retain these records and the Vehicle will still be subject to the maintenance requirements as specified in this Contract and by the Vehicle manufacturer. No handwritten receipts will be accepted. This Contract may not be transferred more than once, may not be assigned to another vehicle, and may not be transferred to a new or used vehicle dealer or anyone other than an individual purchasing Your Vehicle for personal use. If You sell Your Vehicle, or if there is any change in the ownership of Your Vehicle without notifying the Administrator as outlined in this section, this Contract will terminate.
View SourceView Similar (2)
TRANSFER OF VEHICLE OWNERSHIP. In the event You sell the covered Vehicle, this Extended Service Agreement shall terminate. You may
View SourceView Similar (2)
TRANSFER OF VEHICLE OWNERSHIP. In the event You sell the covered Vehicle, this extended service agreement shall terminate. You may apply for a transfer to the new owner. Submit immediately (within fifteen [15] days of the change in ownership) to the Selling Dealer in writing, along with the transfer fee of $50.00, the following: The extended service agreement number, Vehicle identification number, mileage, make and model of the Vehicle, date of sale of the Vehicle, and the name and address of both Yourself and the new owner of the covered Vehicle. This extended service agreement may not be assigned separately from the covered Vehicle, nor can it be assigned to a new or used Vehicle dealership or anyone other than an individual person purchasing Your Vehicle. Copies of maintenance records must be obtained from the original owner by the new owner of the Vehicle to assure transfer of the manufacturer's warranty. In the event this extended service agree- ment is properly transferred to an individual person purchasing Your Vehicle in accordance with the terms and conditions above, this Agree- ment may not be transferred by the new owner of the covered Vehicle to any subsequent owner under any circumstance. Important: See State Guidelines regarding Your rights, privileges, and conditions governing transfer of this extended service agree- ment in Your state.
View Source

Related to TRANSFER OF VEHICLE OWNERSHIP

  • Transfer of Ownership Trust..........................................................

  • Transfer of Control Transfer of control shall take place at the AoR boundary, unless otherwise specified in paragraph E.3.

  • No Ownership Interest Nothing contained in this Agreement shall be deemed to vest in Parent any direct or indirect ownership or incidence of ownership of or with respect to the Covered Shares. All rights, ownership and economic benefits of and relating to the Covered Shares shall remain vested in and belong to the Stockholder, and Parent shall have no authority to direct the Stockholder in the voting or disposition of any of the Covered Shares, except as otherwise provided herein.

  • Ownership and Transfer of Shares The Trust or a transfer or similar agent for the Trust shall maintain a register containing the names and addresses of the Shareholders of each Series and Class thereof, the number of Shares of each Series and Class held by such Shareholders, and a record of all Share transfers. The register shall be conclusive as to the identity of Shareholders of record and the number of Shares held by them from time to time. The Trustees may authorize the issuance of certificates representing Shares and adopt rules governing their use. The Trustees may make rules governing the transfer of Shares, whether or not represented by certificates. Except as otherwise provided by the Trustees, Shares shall be transferable on the books of the Trust only by the record holder thereof or by his duly authorized agent upon delivery to the Trustees or the Trust's transfer agent of a duly executed instrument of transfer, together with a Share certificate if one is outstanding, and such evidence or the genuineness of each such execution and authorization and of such other matters as may be required by the Trustees. Upon such delivery, and subject to any further requirements specified by the Trustees or contained in the By-laws, the transfer shall be recorded on the books of the Trust. Until a transfer is so recorded, the Shareholder of record of Shares shall be deemed to be the holder of such Shares for all purposes hereunder and neither the Trustees nor the Trust, nor any transfer agent or registrar or any officer, employee or agent of the Trust, shall be affected by any notice of a proposed transfer.

  • Transfer of Membership Interest The Sole Member may Transfer any part or all of its rights and interest (including, but not limited to, its Capital Account) in the Company (each a “Membership Interest”) now owned or hereafter acquired to any Person, and the transferee of such Membership Interest shall become a Member of the Company.