Common use of Replacement Plan Clause in Contracts

Replacement Plan. If You purchased a Replacement Plan, in the event of a Claim, We will replace the Product with a new, rebuilt or refurbished product of equal or similar features and functionality or, at Our sole discretion, reimburse You for replacement of the Product. Upon replacement of a Product, We will have no further obligation to replace the Product and You will not be entitled to make any further claims for its replacement.

Replacement Plan. If You purchased a Replacement Plan, in the event of a Claimclaim, We will replace the Product product with a new, rebuilt or refurbished product of equal or similar features and functionality or, at Our sole discretion, reimburse You for replacement of the Productproduct. Upon replacement of a Productproduct, We will have no further obligation to replace the Product product and You will not be entitled to make any further claims for its replacement.