Replacement Price Clause Samples

Replacement Price. All missing, broken, or damaged articles or equipment described in the inventory, or any other items furnished to the student by Willamette University, shall be charged against the student for the replacement cost.
Replacement Price. The price, determined by BUYER in a commercially reasonably manner, at which BUYER purchases (if at all) substitute Products or, absent such a purchase, the market price for such quantity of Product(s) delivered at the Delivery Point, as the case may be. All such determinations shall be made in a commercially reasonable manner, and the BUYER shall not be required to enter into any actual replacement Transaction in order to determine the Replacement Price or liquidated damages as appropriate.
Replacement Price. Delete in line 5at Buyer's option” and replace it with “absent a purchase”.
Replacement Price. Articles or equipment furnished to the Tenant(s) by Owner/Agent that become broken, damaged or missing for reasons other than ordinary wear shall be charged to the Tenant(s) at current market prices at the time of replacement.
Replacement Price. Any furniture, articles, or other equipment described in the initial inspection or which may hereafter be furnished to Resident by the University, that becomes missing, broken, or damaged shall be charged against the Resident at current market price at the time of replacement. This includes the cost to the University of providing Resident with replacement keys or fobs.