Common use of Rewards Points Clause in Contracts

Rewards Points. The Parties hereby acknowledge that on an annual basis (commencing on January 1, 2000), an amount equal to *** dollars ($***) of the amounts due pursuant to Section 4.1.1 above, shall be allocated by AOL hereunder as payment for the purchase of Reward Points by MP as provided pursuant to Section 1.5 hereof. During any given year, MP shall have the right to purchase Reward Points in excess of *** Dollars ($***) by paying cash therefor either upon request for such additional Reward Points or in accordance with AOL's billing procedures therefor (an "Excess Purchase"). In the event MP makes one or more Excess Purchases in any given calendar year, the payment (or if applicable, payments) due from MP immediately following such Excess Purchase shall be reduced by an amount equal to the amount paid by MP for such Excess Purchase.