Redemption of Rewards Clause Samples

The 'Redemption of Rewards' clause defines the terms and conditions under which participants can claim or use rewards they have earned. Typically, this clause outlines eligibility requirements, the process for redeeming rewards, and any limitations such as expiration dates or restrictions on use. For example, it may specify that rewards must be redeemed through a designated platform or within a certain timeframe. Its core practical function is to ensure clarity for both parties regarding how and when rewards can be accessed, thereby preventing disputes and managing expectations.
Redemption of Rewards. Reward redemption will be available through online banking, calling our virtual branch, or in person at any branch location, for cash or credit as determined by DATCU and may not be used in conjunction with promotions or discounts offered outside this program. Points have no monetary value outside this program nor can they be combined or transferred with or to any other loyalty program(s). Your account must be active and in good standing (i.e. not delinquent, suspended, canceled, or otherwise not usable for charges) to redeem rewards.
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Redemption of Rewards. Members may use valid and unexpired Point+ to redeem rewards in accordance with the designated promotion period as set out in the Application, Fortune Malls website, in-mall posters or any other medium provided by ARA from time to time. 1. Redemption of reward is subject to the required Point+ as well as stock availability and it will be based on first-come-first-served basis. Members will obtain a QR code for each successful redemption and shall present the QR code in the Application during reward redemption at customer service counters at designated Fortune Malls. Screenshots will not be accepted. 2. All photos of reward items are for reference only and the actual products may vary. 3. All reward items are provided on “as-is” condition and are without any representation or warranties of any kind, including, but not limited to, warranties of merchantability, non- infringement of intellectual property, satisfactory quality or fitness for any particular purpose and save as expressly provided in these terms and conditions, any and all such representations and warranties, whether expressed or implied by statute, common law, trade usage or otherwise, are hereby expressly excluded to the maximum extent permitted by law. ARA does not warrant or make any representations regarding the use, validity, accuracy, or reliability of, or the results of the use of or otherwise in respect of the materials on this site or any sites linked to this site. 4. ARA shall not be responsible for the condition of, the operation of, or any damage, loss or bodily injury arising from usage of the reward items. All product warranties or queries on the rewards redeemed should be referred to the original supplier or manufacturer directly. Any dispute concerning the rewards shall be settled between the member and the supplier or manufacturer concerned who supplied the rewards. 5. Under no circumstances (including, but not limited to, negligence, omission or default) shall ARA be liable for any direct, indirect, special, incidental or consequential damages, including, but not limited to, loss of profit, business interruption or loss of information or data, arising out of the use or the inability to use the rewards even if ARA or an ARA representative has been advised of the possibility of such damages. 6. Members hereby expressly acknowledge that any reward redeemed is the transaction between the members or the relevant goods or service providers and that there is no contractual relationshi...
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Redemption of Rewards. Upon reaching an accumulation of 200 earned points, members are entitled to receive a $5 ▇▇▇▇▇ ▇▇▇▇ as a redemption reward. A single $5 ▇▇▇▇▇ ▇▇▇▇ can be applied to transactions exceeding $50. Any remaining points, earmarked for the attainment of another ▇▇▇▇▇ ▇▇▇▇, will be retained, and recorded for subsequent redemption during a separate transaction at a later time. o $1 = 1 point ▪ 200 points = $5 ▇▇▇▇▇ ▇▇▇▇ reward ▪ Cap the max single reward at $5 ($50 minimum spend required on each) • Rewards earned within the Rewards Program are redeemable in accordance with the specifications outlined in promotional materials. All redemptions are contingent upon availability and may be governed by supplementary terms. • Transferring rewards to another member's account is not permitted.
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Related to Redemption of Rewards

  • Redemption of Rights (a) Until the earliest of (i) the date of the first Section 11(a)(ii) Event, (ii) the date of the first Section 13(a) Event or (iii) the Expiration Date, the Board of Directors of the Company may, at its option, authorize and direct the redemption of all, but not less than all, of the then outstanding Rights at a redemption price of $.001 per Right, as such redemption price shall be appropriately adjusted to reflect any stock split, stock dividend or similar transaction occurring after the date hereof (the "Redemption Price"), and the Company shall so redeem the Rights. (b) Immediately upon the action of the Board of Directors of the Company authorizing and directing the redemption of the Rights pursuant to subsection (a) of this Section 23, or at such time and date thereafter as it may specify, and without any further action and without any notice, the right to exercise Rights shall terminate and the only right thereafter of the holders of Rights shall be to receive the Redemption Price. Within ten (10) Business Days after the date of such action, the Company shall give notice of such redemption to the holders of Rights by mailing such notice to all holders of Rights at their last addresses as they appear upon the registry books of the Rights Agent or, if prior to the Distribution Date, on the registry books of the transfer agent for the Common Shares. Any notice that is mailed in the manner herein provided shall be deemed given, whether or not the holder receives such notice, but neither the failure to give any such notice nor any defect therein shall affect the legality or validity of such redemption. Each such notice of redemption shall state the method by which the payment of the Redemption Price will be made. Neither the Company nor any of its Affiliates or Associates may, directly or indirectly, redeem, acquire or purchase for value any Rights in any manner other than that specifically set forth in Section 24 hereof or in this Section 23, or in connection with the purchase of Common Shares prior to the earlier of the date of the first Section 11(a)(ii) Event or the date of the first Section 13(a)

  • Redemption of Bonds The Authority shall take, or cause to be taken, the actions required by the Indenture to discharge the lien created thereby through the redemption, or provision for payment or redemption, of all Bonds then Outstanding, or to effect the redemption, or provision for payment or redemption, of less than all the Bonds then Outstanding, upon receipt by the Authority and the Trustee from the Company of a notice designating the principal amount of the Bonds to be redeemed, or for the payment or redemption of which provision is to be made, and, in the case of redemption of Bonds, or provision therefor, specifying the date of redemption and the applicable redemption provision of the Indenture. Such redemption date shall not be less than 45 days from the date such notice is given (unless a shorter notice is satisfactory to the Trustee). Unless otherwise stated therein, such notice shall be revocable by the Company at any time prior to the time at which the Bonds to be redeemed, or for the payment or redemption of which provision is to be made, are first deemed to be paid in accordance with Article VIII of the Indenture. The Company shall furnish any moneys or Government Obligations (as defined in the Indenture) required by the Indenture to be deposited with the Trustee or otherwise paid by the Authority in connection with any of the foregoing purposes.