Common use of Commercial Coverage Clause in Contracts

Commercial Coverage. Commercial Coverage is required for any Product(s) that is: (1) equipment that has been specifically manufactured for commercial use; or (2) used in a commercial setting/environment (i.e. for use other than in a residential single-family setting). Commercial Coverage must be purchased on the same sales receipt/invoice as the covered Product and comprehensive Repair Plan. Note: Except as otherwise provided in this subsection, Commercial Coverage does not provide any of the benefits under the ADDITIONAL BENEFITS TO YOUR SERVICE AGREEMENT sections. Technological advances may result in a replacement product with a lower selling price than Your original Product. No refunds will be made based on the replacement product cost difference. If Your Product is not repairable and a replacement product is not available or under the Replacement Plan, a replacement product is not available, We will reimburse You up to the original purchase price of Your covered Product, including taxes and less claims paid, if any, and this Service Agreement will be fulfilled and all obligations satisfied. In no event shall the Administrator or We be liable for any damages as a result of the unavailability of repair parts. You may be required to ship or deliver the defective Product prior to receiving reimbursement or a replacement product. Any and all parts or units replaced under this Service Agreement become Our property in their entirety. Products installed in cabinetry and other types of built-in applications are eligible for service as long as You make the Product accessible to the service technician. We are not responsible for the dismantling, removal or reinstallation of fixed infrastructure when removing, or returning a repaired or replaced Product into a custom installation. 1. FOOD LOSS PROTECTION FOR REFRIGERATORS AND FREEZERS ONLY: To receive coverage for food loss, the Failure of Your refrigerator or freezer must be due to a covered Failure to Your appliance Product, excluding icemaker repairs. You will be reimbursed up to $250.00 per qualified service repair per year, subject to the contract term of this Service Agreement. Request for service should be initiated within 24 hours from discovery of refrigeration Failure. To receive payment under this benefit, You must have Your Product repaired by a service center authorized by Us and submit the following: an itemized list of food lost due to the lack of refrigeration and proof of purchase for the replaced food.