Additional Points definition
Examples of Additional Points in a sentence
Additional Points of Delivery may be added by mutual agreement of Buyer and Seller.
The effective rate used for these purposes (the “Burn Rate”) will be the rate expressed as the total number of Base Points and Additional Points (regardless of source) redeemed in LE Formats divided by the total number of Base Points and Additional Points issued by LE Formats, calculated on a trailing twelve (12) month basis.
Only Base Points and Additional Points that expire after twelve (12) months are taken into consideration when calculating the Burn Rate.
As applicable, SHMC will reimburse LE or LE will pay SHMC for Base Points and Additional Points that are redeemed in LE Formats each fiscal quarter “Redemption Fees”).
The Additional Points Fee will be [*****] for every thousand (1,000) Additional Points issued to Members as a result of Program-Eligible Purchases in LE Formats.
Exhibit 2 describes the Points Issuance Fees that LE will pay to SHMC with respect to the issuance of Base Points and Additional Points in accordance with this Agreement, all of which fees are non-refundable except as otherwise provided in this Agreement, regardless of the extent to which Points are redeemed.
Additional Points of MSS Interconnection may be established only by mutual agreement of the Parties, for which consent shall not unreasonably be withheld.
Consistent with and subject to the Program Terms and Conditions, SHMC will issue Base Points, Additional Points and Surprise Points (collectively, “Points”) to Members’ Accounts with respect to Program-Eligible Purchases from LE and in connection with promotions and other activities.
For each Program-Eligible Purchase completed by a Member in an LE Format in accordance with the Agreement, LE will pay to SHMC a fee (the “Points Issuance Fee”) consisting of the fees related to Base Points (the “Base Points Fee”) and Additional Points (the “Additional Points Fee”), if any.
Additional Points: • For projects covered by the Agreement for which the finding is No Historic Properties Present or Affected, no consultation with either FHWA or the Advisory Council is required, except where there are unresolved disagreements.