Discount Certificates definition
Examples of Discount Certificates in a sentence
For each claim for cash payments, Vehicle Discount Certificates, or reimbursement submitted pursuant to Section II.B., II.C., or II.G., Class Members must submit a hard copy or a scanned copy of all required documents to the Claims Administrator by mail, through the Settlement Website, or via email, and these documents shall be retained by the Claims Administrator until the end of the claims administration period.
In either case, any amount awarded by the arbitrator shall be reduced by any cash payments made to the claimant pursuant to Sections II.B or II.C, or by the value of any used Vehicle Discount Certificates issued pursuant to Section II.C. Any amount awarded by the Arbitrator for a Vehicle Repurchase shall also be reduced by the value of any unused and unexpired Vehicle Discount Certificates, unless the Certificate is voided by the Arbitrator.
However, a Class Member may use other valid discount offers from Ford or a Ford Dealer for an additional discount on top of the discount value of the Vehicle Discount Certificate(s).
Vehicle Discount Certificates are capped at a cumulative total of $4,650, which means that a Class Member shall not receive a Vehicle Discount Certificate beyond the eighth Transmission Hardware Replacement.
However, any amount awarded by the Arbitrator for a Vehicle Repurchase shall be reduced by any cash payments made to the claimant pursuant to Sections II.B or II.C, or by the value of any used Vehicle Discount Certificates issued pursuant to Secton II.C. Any amount awarded by the Arbitrator for a Vehicle Repurchase shall also be reduced by the value of any unused and unexpired Vehicle Discount Certificates, unless the Certificate is voided by the Arbitrator.
Vehicle Discount Certificates expire twelve months after they are issued.
Merchant, not Company, is the issuer of the Discount Certificates.
Either Company or Merchant may terminate Service at any time, with or without cause, upon thirty (30) days’ prior written notice but Merchant is responsible to honor any Discount Certificates that have been previously sold until their expiration.
As of December 31, 2003, the outstanding liability of the Sotheby Entities with respect to unused Discount Certificates is equal to $61,800,000, and none of such Discount Certificates are redeemable for cash except during the period from May 15, 2007 through May 14, 2008.
For copies of settlement documents, or for further information on how to submit claims for cash payments or Vehicle Discount Certificates to the Claims Administrator, go to [URL] or call the Claims Administrator at 1xxx-xxx-xxxx.