Voucher Redemption Clause Samples

The Voucher Redemption clause outlines the terms and conditions under which vouchers issued by a party can be redeemed by the holder. Typically, this clause specifies the process for redeeming vouchers, any restrictions on their use (such as expiration dates, eligible products or services, and non-transferability), and the steps required to complete a redemption. By clearly defining these parameters, the clause ensures both parties understand how and when vouchers may be used, thereby preventing disputes and ensuring a smooth redemption process.
Voucher Redemption. When a Customer redeems a Voucher in whole or in part you are responsible for verifying that the Voucher is valid and that the Customer is entitled to use the Voucher. You are also responsible for registering the redemption of the Voucher in whole or in part on the Product. You agree and accept that if you fail to update the Product correctly you will remain liable for the provision of any goods or services remaining on the Voucher.
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Voucher Redemption. 6.1 Vouchers shall include E-Vouchers. 6.2 Vouchers shall be delivered by the Bank to the Principal Cardholder’s registered address as indicated by the Cardholder to the Bank, unless otherwise instructed. The Bank shall not be liable for any loss, delay or non-receipt occasioned by the Cardholder failing to inform the Bank to update its bank records.
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Voucher Redemption a. A transaction for the provision of the goods or services is contracted between you and your customer who may be a registered Service User or who may have received a Voucher by way of a marketing initiative. No liability accrues to Touchstone in respect of such transaction. b. A User will tender a Voucher, in return for the provision of goods or services, as part or full settlement of the transaction. As a registered Merchant, you could receive payments from Users in the form of a Voucher which is verbally and/or physically provided to you as payment for the goods and services. c. The Voucher number will be validated within the Service as described below, with the value required as the settlement for the goods or services provided, and will either be approved or rejected. Where the validation is successful, the value required will be settled by way of a transaction between the User’s wallet and your Wallet. d. Depending on the initial set-up and configuration of you as an ▇▇▇▇▇▇▇▇.▇▇▇▇ Merchant, and the set-up and configuration of your specific Vouchers, Voucher validation includes as a minimum: i. Validity of the Voucher number ii. Validity that Voucher category and type may be redeemed with you as the Merchant iii. Validity that the available value on the Voucher is greater or equal to the amount required by you. The Service does NOT include the provision of credit facilities.
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Voucher Redemption. 1. The vouchers are issued by participating merchants and cannot be exchange for cash. 2. The vouchers redeemed are valid for use until the date specified on the respective vouchers. If the vouchers redeemed remain unused after the validity date stated on the voucher, Maybank will not extend the validity date and will not refund any Points for the unused portion. 3. The vouchers redeemed are valid for use only at participating merchants under the Redemption Programme and are subject to the terms and conditions contained therein. 4. Maybank is not responsible for lost, stolen, unused or expired vouchers which have been received by Cardmembers. 5. The vouchers redeemed are not transferable, exchangeable for other rewards, refundable or replaceable for cash or credit under any circumstances. 6. Delivery fees plus insurance will be charged in addition to the redemption points/price, where applicable, for voucher/ product redemption/purchase. Such additional charges will be included in the final price and will be borne by the cardmember.
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Voucher Redemption. If you have acquired a Rat Race (Events) Limited voucher which you wish redeem as payment to enter the Event then this voucher must be presented and redeemed at the Event.
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Voucher Redemption. 4.2.1. The Supplier shall ensure the vouchers and gift cards are: Accepted as full or part payment. Accepted throughout a wide range of Retail Outlets, Retails Groups, Specific Retailers and High Street Stores; Redeemable against an entertainment event, outlets and leisure attractions. Redeemable against hotel bookings. Redeemable for online purchases.
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Voucher Redemption. 1. The vouchers are issued by participating merchants and cannot be exchange for cash. 2. The vouchers redeemed are valid for use until the date specified on the respective vouchers. If the vouchers redeemed remain unused after the validity date stated on the voucher, Maybank will not extend the validity date and will not refund any Points for the unused portion. 3. The vouchers redeemed are valid for use only at participating merchants under the Maybank Points Redemption Programme and are subject to the terms and conditions contained therein. 4. Maybank is not responsible for lost, stolen, unused or expired vouchers which have been received by Cardmembers. 5. The vouchers redeemed are not transferable, exchangeable for other rewards, refundable or replaceable for cash or credit under any circumstances.
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Voucher Redemption. Only completed and accurate voucher redemption forms will be accepted. A voucher shall only be redeemed if the vehicle and purchaser / lessee match that on the original voucher request form. CARB, the Grantee, and HVIP are not responsible for payment of a voucher if the vehicle or purchaser do not match those described on the voucher request form. If the dealer has a new purchaser for a delivered vehicle and HVIP funds are still available, the dealer and new purchaser may request a new voucher. CARB, the Grantee, and HVIP are not responsible for payment of a voucher if the vehicle, transaction, and entities involved with the vouchers do not meet the requirements found in this HVIP Implementation Manual. A vehicle must be fully compliant with all provisions and descriptions of the associated Executive Order.
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Related to Voucher Redemption

  • Payment Upon Redemption (a) If the giving of notice of redemption shall have been completed as above provided, the Securities or portions of Securities of the series to be redeemed specified in such notice shall become due and payable on the date and at the place stated in such notice at the applicable redemption price, together with interest accrued to the date fixed for redemption and interest on such Securities or portions of Securities shall cease to accrue on and after the date fixed for redemption, unless the Company shall default in the payment of such redemption price and accrued interest with respect to any such Security or portion thereof. On presentation and surrender of such Securities on or after the date fixed for redemption at the place of payment specified in the notice, said Securities shall be paid and redeemed at the applicable redemption price for such series, together with interest accrued thereon to the date fixed for redemption (but if the date fixed for redemption is an interest payment date, the interest installment payable on such date shall be payable to the registered holder at the close of business on the applicable record date pursuant to Section 2.03). (b) Upon presentation of any Security of such series that is to be redeemed in part only, the Company shall execute and the Trustee shall authenticate and the office or agency where the Security is presented shall deliver to the holder thereof, at the expense of the Company, a new Security of the same series of authorized denominations in principal amount equal to the unredeemed portion of the Security so presented.

  • 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 “

  • 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.

  • Early Redemption The Original Notes are subject to early redemption by the Issuer as set forth in Article III of the Debt Agreement. If the Issuer elects to exercise its early redemption option with respect to the Original Notes, the Issuer shall give written notice by an Authorized Officer of its intention to exercise such option to the Global Agent of the principal amount of the Original Notes to be so redeemed in accordance with the Terms applicable to such Note. At the request of the Issuer, the Global Agent shall cause notice of redemption to be given to the Holders of Original Notes (and MAC Notes representing interests in the Exchangeable Notes) in accordance with the notice requirements set forth in the Debt Agreement in the name of and at the expense of Issuer.

  • Notice of Optional Redemption (a) At least 30 days but not more than 60 days before a redemption date pursuant to Paragraph 5 of the applicable Security, the Issuers shall mail or cause to be mailed by first-class mail a notice of redemption to each Holder whose Securities are to be redeemed to such Holder’s registered address or otherwise in accordance with the procedures of the Depository, except that redemption notices may be delivered more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Securities or a satisfaction and discharge of this Indenture pursuant to Article 8 hereof. Any such notice shall identify the Securities to be redeemed and shall state: (i) the redemption date; (ii) the redemption price and the amount of accrued interest to the redemption date; (iii) the name and address of a Paying Agent; (iv) that Securities called for redemption must be surrendered to a Paying Agent to collect the redemption price, plus accrued interest; (v) if fewer than all the outstanding Securities are to be redeemed, the certificate numbers and principal amounts of the particular Securities to be redeemed, the aggregate principal amount of Securities to be redeemed and the aggregate principal amount of Securities to be outstanding after such partial redemption; (vi) that, unless the Issuers default in making such redemption payment or any Paying Agent is prohibited from making such payment pursuant to the terms of this Indenture, interest on Securities (or portion thereof) called for redemption ceases to accrue on and after the redemption date; (vii) the CUSIP number, ISIN and/or “Common Code” number, if any, printed on the Securities being redeemed; and (viii) that no representation is made as to the correctness or accuracy of the CUSIP number or ISIN and/or “Common Code” number, if any, listed in such notice or printed on the Securities. In addition, if such redemption is subject to satisfaction of one or more conditions precedent, such notice of redemption shall describe each such condition, and if applicable, shall state that, in the Issuers’ discretion, the redemption date may be delayed until such time as any or all such conditions shall be satisfied, or such redemption may not occur and such notice may be rescinded in the event that any or all such conditions shall not have been satisfied by the stated redemption date, or by the redemption date as so delayed. (b) At the Issuers’ request, the Trustee shall give the notice of redemption specified in this Section 3.05 in the Issuers’ names and at the Issuers’ expense; provided, however, that the Issuers have delivered to the Trustee, at least 45 days (unless a shorter period is acceptable to the Trustee) prior to the redemption date, an Officer’s Certificate requesting that the Trustee give such notice. In such event, the Issuers shall provide the Trustee in writing with the information required by this Section 3.05.