Scheme Period definition
Examples of Scheme Period in a sentence
If, at the end of the Scheme Period, there is a credit on your Account, this will be carried forward into the next year’s scheme period or you can request a refund.
The Commission Reward is calculated on the final Account status at the end of the Scheme Period.
The Lender will comply, during each Scheme Period, with the conditions set out in the Lending Limit Letter and delivered to it by the Guarantor in respect of such Scheme Period (including, without limitation, any conditions relating to the pricing of any Scheme Facility).
The “Claim Limit” of the Lender for any Scheme Period will be an amount equal to the Lending Total in respect of such Scheme Period multiplied by 100% or such other percentage as the Guarantor may specify for any Scheme Period upon reasonable notice to the Lender.
Commission Reward amounts under £10 can only be used against your final Account payment for any order placed within the Scheme Period or be carried forward and used against a subsequent year’s scheme period order and cannot be received as part of any redemption or refund.