Point Redemption Clause Samples

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Point Redemption. To use the points, the Principal Cardholder shall contact MMG to check (i) the amount of available points and (ii) if they are enough to be redeemed for any of the prizes in point (5) of the preceding paragraph. The Principal Cardholder shall contact MMG no less than 7 calendar days previous to the estimated date of use of the service in question. Service for which the point redemption is requested is subject exclusively to availability of service provider or product in question. MMG will assume no responsibility for unavailability of the service provider or person responsible or product. Any claim arising from the service or product acquired by the Principal or Additional Cardholder shall be made directly to the provider in question. MMG will have the right to amend the loyalty program once or several times.
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Point Redemption. Points will be deducted from the total points available for redemptions and for any returns or credits associated with the account. Points deducted for credits to an account will be at the same rate at which the original charges earned those points. The Participant’s credit card account may be charged for the actual cash difference between the cost of the award redeemed and the net value of the actual points available for redemption in the event the Participant redeems unearned Points. Points converted to cash may be redeemed up to four times per year. Points must be redeemed in blocks of $50.00 value or 5,000 points.
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Point Redemption. To redeem points for rewards, you may visit the program website or contact the Rewards Redemption Center. Points must be redeemed by you or a person authorized by you. Point Accumulation: Once enrolled in the Program, you will accumulate: • One point for each $1 in net purchases for Consumer Credit cards and Business Rewards cards • One point for every $2 in net purchases for Business Debit cards and Professional Debit cards • Up to two points for each $1 in net purchases for Professional credit cards, Visa Signature cards, and World Elite cards depending on your total annual purchases from January 1st to December 31st each calendar year: • 1 point if the purchase is part of your first $25,000 in total annual purchases, • 1.25 points if the purchase is part of your second $25,000 in total annual purchases, • 1.5 points if the purchase is part of your third $25,000 in total annual purchases, • 1.75 points if the purchase is part of your fourth $25,000 in total annual purchases, • 2 points if the purchase is part of your total purchases in excess of $100,000 • One point for every $3 in net purchases for Consumer Debit cards • One point for every $5 in net purchases for Equity Flexline cards Points are earned for signature-based transactions only, although we may at our discretion permit you to purchase points in accordance with the guidelines set forth at the program website in effect at the time. Net purchases are defined as the dollar value of goods and services purchased with the Card after your enrollment date, minus any credits, returns or other adjustments as reflected on the monthly statements. Net purchases do not include annual fees, late payment fees, over- limit fees, insurance charges, card-related service charges, Finance Charges, or other fees and/or unauthorized charges. Net purchases also do not include Cash Advances, PIN-based transactions, Ready Reserve transactions, balance transfers, Convenience Checks, person-to- person money transfers, quasi-cash transactions (including the purchase of traveler’s checks, foreign currency, or money orders), truck stop transactions, or gaming transactions. Points redeemed and/or expired, if applicable, will be based on a first-in, first-out process. If unused, Program points carry an expiration limit on an “enrollment year” basis: • No expiration on World Elite cards • 4-years for Business Credit cards, Business Debit cards, Professional cards and VISA Signature Cards • 3-years for all other cards. This m...
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Point Redemption. To redeem points for rewards, you may visit the program website or contact the Rewards Redemption Center. Points must be redeemed by you or a person authorized by you.
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Point Redemption. To redeem points for rewards, you may visit the program website or contact the Rewards Redemption Center. Points must be redeemed by you or a person authorized by you. Point Accumulation: Once enrolled in the Program, you will accumulate: • One point for each $1 in net purchases for Consumer Credit cards and Business Rewards cards • One point for every $2 in net purchases for Business Debit cards and Professional Debit cards Up to two points for each $1 in net purchases for Professional credit cards, Visa Signature cards, and World Elite cards depending on your total annual purchases from January 1st to December 31st each calendar year: • 1 point if the purchase is part of your first $25,000 in total annual purchases,
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Related to Point Redemption

  • Special Event Redemption Prior to March 30, 2010, upon the occurrence and during the continuation of a Special Event, the Company may, at its option, redeem the Securities, in whole but not in part, at a Redemption Price equal to one hundred seven and one half percent (107.5%) of the principal amount thereof, together, in the case of any such redemption, with accrued interest, including any Additional Interest, through but excluding the date fixed as the Redemption Date (the “Special Redemption Price”).

  • Tax Event Redemption Upon the occurrence of a Tax Event Redemption prior to the successful remarketing of the Notes, the Company may elect to instruct in writing the Collateral Agent to apply, and upon such written instruction, the Collateral Agent shall apply, out of the aggregate Redemption Price for the Notes that are components of Normal Units, an amount equal to the aggregate Tax Event Redemption Principal Amount for the Notes that are components of Normal Units to purchase on behalf of the Holders of Normal Units the Treasury Portfolio and promptly remit the remaining portion of such Redemption Price to the Agent for payment to the Holders of such Normal Units. The Treasury Portfolio will be substituted for the Pledged Notes, and will be pledged to the Collateral Agent in accordance with the terms of the Pledge Agreement to secure the obligation of each Holder of a Normal Unit to purchase the Common Stock under the Purchase Contract constituting a part of such Normal Unit. Following the occurrence of a Tax Event Redemption prior to a successful remarketing of the Notes, the Holders of Normal Units and the Collateral Agent shall have such security interests, rights and obligations with respect to the Treasury Portfolio as the Holder of Normal Units and the Collateral Agent had in respect of the Notes, as the case may be, subject to the Pledge thereof as provided in Articles II, III, IV, V and VI of the Pledge Agreement, and any reference herein or in the Certificates to the Note shall be deemed to be a reference to such Treasury Portfolio and any reference herein or in the Certificates to interest on the Notes shall be deemed to be a reference to corresponding distributions on the Treasury Portfolio. The Company may cause to be made in any Normal Unit Certificates thereafter to be issued such change in phraseology and form (but not in substance) as may be appropriate to reflect the substitution of the Treasury Portfolio for Notes as collateral. The Company shall cause notice of any Tax Event Redemption to be mailed, at least 30 calendar days but not more than 60 calendar days before such Tax Event Redemption Date, to each Holder of Notes to be redeemed at its registered address. Upon the occurrence of a Tax Event Redemption after the successful remarketing of the Notes, the Redemption Price will be payable in cash to the holders of the Notes.

  • Tax Redemption If a Tax Event (defined below) occurs, Principal Life will have the right to redeem this Agreement by giving not less than 30 and no more than 60 days prior written notice to the Agreement Holder and by paying to the Agreement Holder an amount equal to the Fund. The term “

  • Final Redemption Unless previously redeemed, or purchased and cancelled, the Bonds will be redeemed at their principal amount on the Interest Payment Date falling on, or nearest to, June 26, 2017. The Bonds may not be redeemed at the option of the Issuer other than in accordance with this Condition.

  • Optional Redemption (a) Except as set forth in subparagraphs (b) and (c) of this Paragraph 5, the Issuer will not have the option to redeem the 2019 Notes prior to June 1, 2014. On or after June 1, 2014, the Issuer may redeem all or a part of the 2019 Notes upon not less than 30 nor more than 60 days’ notice, at the redemption prices (expressed as percentages of principal amount) set forth below plus accrued and unpaid interest on the 2019 Notes redeemed to, but not including, the applicable redemption date, if redeemed during the twelve-month period beginning on June 1 of the years indicated below, subject to the rights of Holders on the relevant record date to receive interest on the relevant Interest Payment Date: Year Percentage 2014 103.000 % 2015 101.500 % 2016 and thereafter 100.000 % Unless the Issuer defaults in the payment of the redemption price, interest will cease to accrue on the 2019 Notes or portions thereof called for redemption on the applicable redemption date. (b) Notwithstanding the provisions of subparagraph (a) of this Paragraph 5, at any time prior to June 1, 2014, the Issuer may on any one or more occasions redeem up to 35% of the aggregate principal amount of 2019 Notes issued under the Indenture (including any additional notes issued after the Issue Date) at a redemption price of 106.000% of the principal amount thereof, plus accrued and unpaid interest to, but not including the redemption date, with the net cash proceeds of one or more Equity Offerings; provided that (1) at least 65% in aggregate principal amount of the 2019 Notes issued under the Indenture (excluding Notes held by the Issuer and its Subsidiaries) remains outstanding immediately after the occurrence of such redemption and (2) that such redemption occurs within 180 days of the date of the closing of such Equity Offering. (c) At any time prior to June 1, 2014, the Issuer may also redeem all or a part of the 2019 Notes, upon not less than 30 nor more than 60 days’ prior notice mailed by first-class mail to each Holder’s registered address, at a redemption price equal to 100% of the principal amount of 2019 Notes redeemed plus the Applicable Premium as of, and accrued and unpaid interest, to, but not including, the date of redemption, subject to the rights of Holders of 2019 Notes on the relevant record date to receive interest due on the relevant interest payment date.