Examples of Postage Credits in a sentence
For the avoidance of doubt, you do not need to complete a Postage Credit Application Form in order to validate your Postage Credits entitlement.
Any Postage Credits Vouchers that you are awarded will expire 12 months after the date stated on them and after they expire you will not be able to redeem them.
If, after we have given you Postage Credits, we discover that you have not fully complied with the terms of the relevant Incentive's Participation Agreement, we can choose to cancel Postage Credits you haven’t redeemed yet, require you to repay the face value of any Postage Credits you have already redeemed, and/or make a claim against you for loss we suffer as a result of your non-compliance of the terms of the relevant Incentive’s Participation Agreement.
If we approve your application, we will tell you your Expected Volume of Eligible Mail and the date on which your postings of Eligible Mail Items can begin to earn Postage Credits ( Start Date), together with any other relevant information about the Incentive.
Subject to the Framework Terms and the other terms below, we will award you Postage Credits for all Incremental Volume of Eligible Items that you post during the Incentive Period.
We will calculate your Postage Credits by confirming the volume of Eligible Mail that qualifies for Postage Credits based on the relevant Incentive’s Participation Agreement.
In certain circumstances, we may decide to award you more Postage Credits than that to which you are strictly entitled under the Incentive, if we consider (in our absolute discretion) it fair and reasonable to do so when assessing what you have posted.
For example, despite the Postage Credit Limit, we may decide (but do not have to) to pay Postage Credits on up to 110% of your Agreed Expected Incremental Volume for any particular Profile Mix, where we consider it fair and reasonable to do so.
If the value of your Postage Credits is more than £10,000 and you don’t have an active Royal Mail credit account, we will contact you to give you the choice of receiving your total Postage Credits in one or more than one Postage Credit Voucher.
We shall notify you of the value of any Postage Credits due within 30 (thirty) Working Days of either (a) the end of each Quarter in the Incentive Period (if you are participating in this Incentive for more than one Quarter), or (b) the end of the Incentive Period (if you are only participating in this Incentive for one Quarter).