“Fair Market Value” (“FMV”) means the fair market value of the Connected Equipment at the time Connected Equipment Damage occurs. “Formal Warranty Claim” means a claim made in accordance with the section “Formal Warranty Claims” herein.
“Maximum Coverage Amount” means the maximum amount that Monster will pay to You under this Limited Warranty for Connected Equipment Damages and is defined in relation to each Product in the Specifications Table below.
“Product” means a Product (i) that is listed in the Specifications Table below, (ii) that You bought from an Authorized Dealer new and in its original packaging, and (iii) whose serial number, if any, has not been removed, altered, or defaced.
“Product Defect” means a defect, malfunction,
“Warranty Period” means the time period during which Monster must have received Your Formal Warranty Claim. The different Warranty Periods related to Product Defects and Connected Equipment Damage are defined in the Specifications Table below. The Warranty Period commences on the date when You purchased or received (whichever occurs later) the Product from an Authorized Dealer as evidenced by the Authorized Dealer’s invoice, sales receipt or packing slip. If You do not have written proof of the date of purchase or receipt,
then the Warranty Period commences three (3) months after the date when the Product left Monster’s factory as evidenced by Monster’s records. The Warranty Period ends after the time defined in the Specifications Table has expired, or after You have transferred ownership
of the Product, whichever occurs earlier. Also, You must call Monster and obtain a Return Authorization Number (as described under “How to Make a Claim”) within two (2) months after You discover a Product Defect (or should have discovered it, if such Product Defect was obvious).
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