Common use of CHANCE OF WINNING Clause in Contracts

CHANCE OF WINNING. Actual odds of winning are based upon the number of eligible entries received. Each eligible entry shall have a chance of winning a state-wide prize that is equal to that of all other entries in the drawing. For Affinity Plus Federal Credit Union Prizes, each eligible entry shall have a chance of winning that is equal to that of all other entries within the same participating credit union. WINcentive entries and prize drawings are submitted to and conducted by the Trulync, an affiliate of the Minnesota Credit Union Network (MnCUN), a non-profit credit union trade association for Minnesota's credit unions (collectively with Credit Union, "the parties"). To participate in the prize drawings, the primary account holder's social security number, as well as other personally identifiable information, is transmitted by Credit Union via a secure data sharing process and then encrypted. The new unique identifier is used by Trulync for drawing and reporting purposes. The data file will be deleted by Trulync as soon as it is imported and is not stored on any third party system or accessible by third party administrators.

Appears in 3 contracts

Samples: Wincentive Savings Account Member Participation Agreement, Wincentive Savings Account Member Participation Agreement, Wincentive Savings Account Member Participation Agreement

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CHANCE OF WINNING. Actual odds of winning are based upon the number of eligible entries received. Each eligible entry shall have a chance of winning a state-wide prize that is equal to that of all other entries in the drawing. For Affinity Plus Federal Teamsters Credit Union Prizes, each eligible entry shall have a chance of winning that is equal to that of all other entries within the same participating credit union. WINcentive entries and prize drawings are submitted to and conducted by the TrulyncMinnesota Item Processing Corporation (MnIPC), an affiliate of the Minnesota Credit Union Network (MnCUN), a non-profit credit union trade association for Minnesota's ’s credit unions (collectively with Credit Union, "the parties"). To participate in the prize drawings, the primary account holder's ’s social security number, as well as other personally identifiable information, is transmitted by Credit Union via a secure data sharing process and then encrypted. The new unique identifier is used by Trulync MnIPC for drawing and reporting purposes. The data file will be deleted by Trulync MnIPC as soon as it is imported and is not stored on any third party system or accessible by third party administrators.

Appears in 1 contract

Samples: Wincentive Savings Account Member Participation Agreement

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CHANCE OF WINNING. Actual odds of winning are based upon the number of eligible entries received. Each eligible entry shall have a chance of winning a state-wide prize that is equal to that of all other entries in the drawing. For Affinity Plus Federal Credit Union Prizes, each eligible entry shall have a chance of winning that is equal to that of all other entries within the same participating credit union. WINcentive entries and prize drawings are submitted to and conducted by the TrulyncTruLync, an affiliate of the Minnesota Credit Union Network (MnCUN), a non-profit credit union trade association for Minnesota's ’s credit unions (collectively with Credit Union, "the parties"). To participate in the prize drawings, the primary account holder's ’s social security number, as well as other personally identifiable information, is transmitted by Credit Union via a secure data sharing process and then encrypted. The new unique identifier is used by Trulync TruLync for drawing and reporting purposes. The data file will be deleted by Trulync TruLync as soon as it is imported and is not stored on any third third-party system or accessible by third party administrators.

Appears in 1 contract

Samples: Wincentive Savings Account Member Participation Agreement

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