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SIIG’s Duties.
SIIG will inspect and examine the Product and the item(s)
of Connected Equipment (or at SIIG’s election, your
written statement and repair cost estimate for those
item(s)). You must return the product for inspection.
If the damage to Connected Equipment is covered by the
Connected Equipment Guarantee, SIIG will (in addition
to Limited Warranty remedies for the SIIG Product itself)
repair (or pay the costs of repair) or replace the Connected
Equipment or, at the option of SIIG, as permitted by law,
pay to the Initial Customer the “Agreed Damage Amount”
(up to the aggregate limits stated below) for all item(s) of
Initial Customer’s Connected Equipment. The “Agreed
Damage Amount” for all items of Initial Customer’s
Connected Equipment shall be the lesser of the amount
determined under Clause (1) or (2) below, reduced by
any amounts described in Clause (3) below:
1. The fair market value of the Connected Equipment
as established by the lower of (a) the price list of
Orion Blue Book on the date of occurrence if such
price list is no longer published, a published or
announced price list reasonably selected by SIIG),
or (b) the average price the same or similar items are
being sold for on E-bay, or (c) the lowest price the
same or similar items can be purchased for in the
United States; or
2. The aggregate ceiling amount for all claims by an
Initial Customer for Connected Equipment: SIIG
A/V PowerSaver 8 - $150,000.00.
3. The amount(s) of all payment you have or are entitled
to receive from insurance, other warranties,
extended warranties, or from other sources or
persons for the Connected Equipment or damage to