ILE C/C++ Compiler Reference
Specifies whether the existing version of the object is to be replaced
by the current version.

REPLACE Syntax:
|--+-----------------------+------------------------------------|
| .-*YES-. |
'-REPLACE(--+-*NO--+--)-'
- *YES
- Default setting. The existing object is replaced by the new
version. The old version is moved to the library, QRPLOBJ, and renamed
based on the system date and time. The text description of the replaced
object is changed to the name of the original object. The old object
is deleted at the next IPL if it has not been deleted.
- *NO
- The existing object is not replaced. When an object with the
same name exists in the specified library, a message is displayed
and compilation stops.
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