Reward Points Redemption Sample Clauses

Reward Points Redemption. All borrowers and the authorized users of your Account may redeem accumulated reward points on the Account, regardless of which Card or user on the Account is responsible for the accumulation. Reward points are not considered your property and are generally non-transferrable to other programs or to others who are not listed on the account as a borrower or authorized user. The reward card benefit is administered by a third party. The Credit Union does not control the redemption options available through the reward card benefit provider or the redemption costs of an item or service. The Credit Union is not responsible for any inaccuracies in point accrual due to late or incorrect submissions, computer errors or any losses that may arise in connection to the use of these services. The number of rewards points required to redeem an item or service may change at any time without notice.
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Reward Points Redemption. The Rewards Program allows you to redeem your Rewards Points for Rewards. The Rewards Program is hosted by a Program Administer. To redeem Rewards Points, your Rewards Product must not be closed for any reason. Credit or debit cards that are lost or stolen may not redeem rewards. Credit cards that are revoked or 60 or more days past due may not redeem rewards. We may cancel your enrollment in the Rewards Program if we suspect or know that you have committed fraud, are abusing the Program, or you violate this Agreement or any applicable Reward terms and conditions. Violating this Agreement may include but is not limited to an attempt to sell, exchange or otherwise transfer Rewards Points or any instrument exchangeable under the Rewards Program to a third party or not using the Rewards Program as intended. We may cancel, change or temporarily suspend the Rewards Program or any Rewards. Certain changes, suspensions, or cancellation could result in your forfeiture of earned Rewards Points and/or a change in the redemption of any unused Rewards. Rewards Points earned with your Reward Product will be cancelled if your Rewards Product is closed for any reason. Reasonable efforts have been made to ensure that the information about the Rewards Program provided is accurate; however, we are not responsible for errors or omissions.

Related to Reward Points Redemption

  • Optional Redemption Except as set forth below, the Issuer shall not be entitled to redeem the Securities. On and after May 15, 2017, the Issuer shall be entitled at its option to redeem all or a portion of the Securities upon not less than 30 nor more than 60 days’ notice, at the redemption prices (expressed in percentages of principal amount on the redemption date), plus accrued interest to the redemption date (subject to the right of Holders of record on the relevant record date to receive interest due on the relevant interest payment date), if redeemed during the 12-month period commencing on May 15 of the years set forth below: Period Redemption Price 2017 105.156 % 2018 103.438 % 2019 101.719 % 2020 and thereafter 100.000 % In addition, at any time prior to May 15, 2017, the Issuer shall be entitled at its option on one or more occasions to redeem Securities (which includes Additional Securities, if any) in an aggregate principal amount not to exceed 35% of the aggregate principal amount of the Securities (which includes Additional Securities, if any) issued prior to such date at a redemption price (expressed as a percentage of principal amount) of 106.875%, plus accrued and unpaid interest to the redemption date (subject to the right of Holders of record on the relevant record date to receive interest due on the relevant interest payment date), with an amount not to exceed the net cash proceeds from one or more Equity Offerings; provided, however, that (1) at least 65% of such aggregate principal amount of Securities (which includes Additional Securities, if any) remains outstanding immediately after the occurrence of each such redemption (with Securities held, directly or indirectly, by the Issuer or its Affiliates being deemed to be not outstanding for purposes of such calculation); and (2) notice of such redemption has been given within 90 days after the date of the related Equity Offering. Prior to May 15, 2017, the Issuer shall be entitled at its option to redeem all or a portion of the Securities at a redemption price equal to 100% of the principal amount of the Securities plus the Applicable Premium as of, and accrued and unpaid interest to, the redemption date (subject to the right of Holders of record on the relevant record date to receive interest due on the relevant interest payment date).

  • Debt and Stock Redemption 2. (a) Bancshares and any nonbank subsidiary shall not, directly or indirectly, incur, increase, or guarantee any debt without the prior written approval of the Reserve Bank. All requests for prior written approval shall contain, but not be limited to, a statement regarding the purpose of the debt, the terms of the debt, and the planned source(s) for debt repayment, and an analysis of the cash flow resources available to meet such debt repayment.

  • Early Redemption Amounts For the purposes of paragraphs (b), (c) and (d) above, Notes will be redeemed at an amount (the “Early Redemption Amount”) calculated as follows:

  • Mandatory Redemption The Company is not required to make mandatory redemption or sinking fund payments with respect to the Notes.

  • Deposit of Redemption Price Prior to any Redemption Date, the Company shall deposit with the Trustee or with a Paying Agent (or, if the Company is acting as its own Paying Agent, segregate and hold in trust as provided in Section 1003) an amount of money sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on, all the Securities which are to be redeemed on that date.

  • Redemption at maturity Unless previously redeemed or purchased and cancelled as specified below, each Note will be redeemed by the Issuer at its Final Redemption Amount specified in the applicable Final Terms in the relevant Specified Currency on the Maturity Date specified in the applicable Final Terms.

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