Common use of Replacement Plan Clause in Contracts

Replacement Plan. The coverage for the Replacement Plan shall commence immediately on the 31st day from the date of product purchase for a total of 1 Year or 2 Years as indicated on your sales receipt. In the event your covered product suffers a mechanical or electrical failure following the 30th day from the date of product purchase, this Plan will replace your original product with a product of equal or similar features and functionality, though not necessarily the same brand. A replacement product may be new or refurbished. The Replacement Plan does not cover trip, labor or shipping. BrandsMart, at their discretion, will replace components on products where applicable instead of the entire unit on products that consist of self-contained units and/or components, including but not limited to icemakers and rack system components.