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If your plan includes Assist Device Repair and Replace, the AOL PC Protection Benefit Plan - Terms and Conditions for a Single Qualifying Product also apply. We may change these Terms from time to time. Your ongoing use of the Service after we post or notify you of the changes signifies your agreement to the updated Terms.
An automatic renewal clause is used in the insurance and healthcare industries . An automatic renewal clause (also referred to as an evergreen clause), is activated towards the end of the contractual period whereby it automatically renews the terms of an agreement except when the contract is terminated (through mutual agreement or contract breach), or one of the contracting parties has sent a ...
Medicare supplement plans (Medigap) renew automatically each year. Learn more here.
An extended warranty, sometimes called a service agreement, a service contract, or a maintenance agreement, is a prolonged warranty offered to consumers in addition to the standard warranty on new items. The extended warranty may be offered by the warranty administrator, the retailer or the manufacturer.
A warranty [4] is less imperative than a condition, so the contract will survive a breach. Breach of either a condition or a warranty will give rise to damages . It is an objective matter of fact whether a term goes to the root of a contract.
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Let the bank automatically renew it into a new CD term at the current interest rate. Let’s say you have $10,000 in a one-year CD earning 4% interest. When it matures, your bank gives you a 10 ...
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