Confirmed Exchange definition
Examples of Confirmed Exchange in a sentence
The method, means or system by which a Member may obtain a Confirmed Exchange as set forth in the Network Documents.
Any commercial use shall be grounds for immediate termination of Member’s membership and cancellation of any Exchange Request, Confirmed Exchange or other benefits of the Network without prior suspension of or notice to the Member, and any other rights or remedies RCI may have at law.
Suspension or termination of membership may preclude without limitation the Member from obtaining Confirmed Exchanges and RCI may cancel any Confirmed Exchange and terminate any pending Exchange Requests, all without any refund of fees, Points or Deposits or any portion thereof to the Member.
If the Member cancels a Confirmed Exchange before the end of the next RCI Business Day following the date on which the Confirmed Exchange was made and the Confirmed Exchange was made fifteen (15) or more calendar days prior to the check in date of the vacation the Member will receive a 100% refund of the RCI Points used to make the Confirmed Exchange.
A Member may cancel or change a Confirmed Exchange by notifying the Network Administrator by telephone or in writing.
A Confirmed Exchange of Vacation Time that is greater or less than seven (7) nights.
A certificate purchased from or otherwise provided by the Network Administrator, in its sole discretion, for the use of a specified number of RCI Points, a Confirmed Exchange, or certain other benefits of membership as a gift to friends or family.
Minimum lengths of stay and the Exchange Request window applicable to a Daily/Split Confirmed Exchange are determined by the Network Administrator, in its sole discretion.
The Member may cancel a Confirmed Exchange and obtain a refund of the Transaction fee until the end of the next RCI Business Day (“RCI Business Day” shall be deemed to be regular business hours of operation for RCI’s Carmel, Indiana Call Center), following the date on which the Confirmed Exchange was made, after which the Transaction fee will be forfeited.
Each Member acknowledges that, except for a Confirmed Exchange during the Home Week Priority Period, the unit of Inventory for which a Member receives a Confirmed Exchange is subject to change in the sole discretion of the Inventory provider or Points Partner and is not subject to RCI’s control, and may differ in assignment, unit size, design, furnishings, amenities, facilities and accessibility for individuals with disabilities from the unit of Inventory associated with such Member’s Vacation Ownership.