Replacement Item definition

Replacement Item or "Replacement Equipment" shall have a fair market value at the time of such replacement equal to the then fair market value of the Equipment or Items thereof for which replacement is made, and anticipated to have a fair market value at the expiration of the Base Term equal to the fair market value which the Equipment or Items for which replacement is made would have had at the end of the Base Term, and (i) be the same type and of at least equal capacity to the Equipment for which the replacement is being made. Upon delivery, such Replacement Equipment shall become subject to all of the terms and conditions of the Lease. Lessee shall execute all such documents necessary to effect the foregoing.
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Replacement Item shall have the meaning given such term in Section 4(f) of this Agreement.
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Replacement Item means a Samsung item that We, the Insurer, supply to You. It may be a changeover item that has been re-manufactured or refurbished under a recognised changeover program. Successful Claim: means a claim received by Us where We Repair the Covered Item, replace the Covered Item or pay You the Cover Amount.
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Examples of Replacement Item in a sentence

  • If we are unable to economically repair your electronic equipment then, at our discretion, a Replacement Item will be provided by us.We will not pay for any breakdown claims excluded under the “What is Not Covered” section.

  • TheftWe will pay up to the amount shown in the Summary of Cover table to replaceyour electronic equipment with a Replacement Item if it is stolen.

  • We will pay up to the amount shown in the Summary of Cover table to repair or provide a Replacement Item for your electronic equipment if it is damaged as a result of accidentally coming into contact with any liquid.We will not pay for any liquid damage claims excluded under the “What is Not Covered” section.

  • We will replace Your Electronic Equipment with a Replacement Item if it is stolen.

  • In the event of the substitution of a Replacement Item of Equipment, all provisions of this Indenture relating to the Item of Equipment or Items of Equipment being replaced shall be applicable to such Replacement Item of Equipment with the same force and effect as if such Replacement Item of Equipment was the same Item of Equipment being replaced.


More Definitions of Replacement Item

Replacement Item or "Replacement Items" shall have the meaning provided in Section 8.1 of the Loan Agreement.
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Replacement Item means a tire, bumper, bumper
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Replacement Item shall have the meaning assigned to it in SECTION 10(J)(9). "REPORTABLE EVENT" shall mean any of the events described in Section 4043(b) (1), (2), (3), (5), (6), (8) or (9) of ERISA. "RESPONSIBLE OFFICER" shall mean the President, any Vice President, the Treasurer, the Chief Financial Officer and any other officer of Aladdin Gaming directly responsible for the consummation of the Transaction and/or the operation of the Aladdin Hotel and Casino. "RESTRICTED PAYMENTS" shall have the meaning assigned to it in SECTION 11(F). "RETIREE WELFARE PLAN" shall refer to any Welfare Plan providing for continuing coverage or benefits for any participant or any beneficiary of a participant after such participant's termination of employment, other than continuation coverage provided pursuant to Section 4980B of the IRC and at the sole expense of the participant or the beneficiary of the participant.
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Replacement Item means a tire, bumper, bumper fascia, glass, in- dashboard equipment, seat or upholstery cover or trim, exterior illumination unit, grill, sunroof, external mirror and external body cladding. The replace- ment of up to three of these items does not constitute repair of damage if each item is replaced because of a product defect or damaged due to vandal-
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Replacement Item has the meaning ascribed thereto in Section 32.6 of the Contract.
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Replacement Item is defined in Section 20.1 (a) hereof [sublease]
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Replacement Item means an item of railroad rolling stock of the same type as the Item of Equipment for which it is a replacement and
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