Loyalty Units definition

Loyalty Units. - means the miles, points or other loyalty program units issued by Aimia's subsidiaries under the respective programs owned and operated by each of the entities;
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Loyalty Units means the miles, points or other loyalty program reward units issued by Aimia’s Subsidiaries under the respective programs owned and operated by such Subsidiaries;
Sample 1Sample 2Sample 3

Examples of Loyalty Units in a sentence

  • Since Aimia’s revenues are recognized based on redemptions by members as opposed to the issuance of Loyalty Units to members by the Accumulation Partners, the information on major customers is based on total Gross Billings, which include proceeds from the sale of Loyalty Units and services rendered or to be rendered.

  • The consolidation of Class A Units will reduce the number of Class A Units on issue by the number of Loyalty Units to be issued to Priority Applicants.

  • The Directors have agreed to cap their participation under the Priority Offer, where eligible, to $100,000 per Director and will be eligible to receive Loyalty Units.

  • Applicants under the General Public Offer are not entitled to receive Loyalty Units.

  • The costs of these Loyalty Units and IPO Foundation Units and all costs related to the offer will be paid for by the Group.

  • The consolidation and conversion of Class A Units, together with the issue of Loyalty Units, will not impact the total units on issue or Pro Forma NAV per Unit.

  • Priority Applicants who transfer their allotted Units to a different HIN, SRN or Intermediary during the period from allotment of Units under the Priority Offer and the issue of Loyalty Units will not receive Loyalty Units.

  • Magellan will also apply to ASX no later than seven days from the date of the issue of Loyalty Units for Loyalty Units to be granted official quotation before the end of the three months after the date of issue of Loyalty Units.

  • On the Loyalty Unit Issue Date, the consolidation of Class A Units will reduce the number of Class A Units on issue by the number of Loyalty Units to be issued to Priority Applicants.

  • It is not practicable to estimate the cost to the Group as there is uncertainty as to the size of the offer and the MHCT net asset value per unit at the time that the Loyalty Units and IPO Foundation Units are issued.

Related to Loyalty Units

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Company Units has the meaning set forth in the Recitals.

  • CVRs means the rights of Holders to receive contingent payments of cash pursuant to the Merger Agreement and this Agreement.

  • public units means the state or a political subdivision or instrumentality of the state including a county, school corporation, special district, drainage district, unincorporated town or township, municipality, or municipal corporation or any agency, board, or commission of the state or a political subdivision; any court or public body; an electric power agency; federal and state grant moneys of a quasi-public state entity under Iowa Code section 12C.1, subsection (2e), and this chapter. Public units additionally include, but are not limited to:

  • Parity Units means any Partnership Securities, including Preferred Units, that the Partnership may authorize or issue, the terms of which provide that such securities shall rank equally with the Series A Preferred Units with respect to payment of distributions and distribution of assets upon a Dissolution Event.

  • LLC Units has the meaning set forth in the LLC Agreement.

  • Core Units means such Units of the Trust that are issued to Core Investors with the condition that these are not redeemable for a period of two years from the close of the First Offer Period. Such Units are transferable with this condition, but otherwise shall rank pari passu with all other Units, save for this restriction. Any transfer of the Core Units, during the first two years of their issue as mentioned herein, shall be affected only on the receipt by the Registrar of a written acceptance of this condition by the transferee.

  • DSUs means the outstanding deferred share units issued under the DSU Plan.

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Article 7.

  • Unvested Units means those Units listed as unvested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

  • Restricted Units means that number of restricted units listed in the Award Letter as “Awards Granted.”

  • Class B Units means the Class B Units of the Company.

  • Redeemed Units has the meaning set forth in Section 11.01(a).

  • RSUs means that number of Restricted Stock Units listed in the Award Notice as “Restricted Stock Units Granted.”

  • Class C Units means the Class C Units of the Company.

  • Common Units is defined in the Partnership Agreement.

  • Vested Units means those Units listed as vested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

  • Series B Preferred Units shall have the meaning provided in Section 1.

  • Performance Units means an Award which may be earned in whole or in part upon attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • PSUs means the outstanding performance share units governed by the performance share unit plan of the Company dated December 16, 2013, as amended from time to time;

  • Performance Share Units means Performance Share Units granted to an Eligible Individual under Section 9.1(b).

  • Membership Rights means all of the rights of a Member in the Company, including a Member’s: (a) Interest; (b) right to inspect the Company’s books and records; (c) right to participate in the management of and vote on matters coming before the Company; and (d) unless this Operating Agreement or the Certificate of Formation provide to the contrary, right to act as an agent of the Company.

  • Preferred Units means a Partnership Interest, including the Series A Preferred Units, designated as a “Preferred Unit,” which entitles the holder thereof to a preference with respect to distributions, or as to the distribution of assets upon any Liquidation Event, over Common Units.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).