Expiry of Earned Local Points Sample Clauses

Expiry of Earned Local Points. All Earned Local Points accumulated by a User shall in any and all events expire (“Expired Local Points”) on the date following twelve (12) months of complete inactivity in the Local Frequency Program by the User (for certainty, where no Qualifying Transaction or Redeeming Transaction has been made by the User within a twelve (12) month period). While the Participant hereby expressly acknowledges that it may not be possible to do so in all circumstances, Protegra shall use reasonable commercial efforts to credit the dollar value of all such Expired Local Points (“Expired Local Point Credits”) to the applicable Local Frequency Program Participant that originally acquired such Earned Local Points in accordance with the terms of Section 2.8 hereof (on a first-in, first-out basis) to the extent reasonably possible, as determined by Protegra and in the manner and upon such terms and conditions as it deems reasonable. The Participant acknowledges that the return of amounts in respect of Expired Local Points referred to herein does not constitute a guarantee or representation by Protegra that any such refund in respect of Expired Local Points shall be complete or accurate. Further, in the event that Protegra determines that it is impractical or undesirable to return or refund Expired Local Points it is agreed by the Parties that Protegra may discontinue such practice without notice, penalty or liability. For certainty, the Prepaid Cash Account has no expiration date nor does the value of a Prepaid Cash Account ever expire.
Sample 1
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Expiry of Earned Local Points. All Earned Local Points accumulated by a User shall in any and all events expire on the date following twelve (12) months of complete inactivity in the Local Frequency Program by the User (for certainty, where no Qualifying Transaction or Redeeming Transaction has been made by the User within a twelve (12) month period) (“Expired Local Points”). Any Expired Earned Local Points shall be conclusively deemed and treated as being void without compensation and in no event shall Protegra be liable for any Expired Earned Local Points.
Sample 1

Related to Expiry of Earned Local Points

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