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.

  • MEASUREMENT UNCERTAINTY Aimia may be required to provide rewards to members for unexpired Loyalty Units accounted for as Breakage on the Loyalty Units issued to date for which the revenue has been recognized or deferred and for which no liability has been recorded.

  • It was acknowledged that the rankings were subjective and different people could end up with differing results.

  • No further consideration is payable by Priority Applicants for these 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.

  • 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.

  • Until the Loyalty Units are issued, Priority Applicants will have a contingent interest in the Trust being the issue of new Units (the Loyalty Units) on the Loyalty Unit Issue Date.

  • Loyalty UnitsPriority Applicants may be eligible to receive a number of additional Units, being Loyalty Units, (rounded down to the nearest whole Unit) equivalent to 6.25% of the number of Units allotted under the Priority Offer.In submitting a Priority Offer Application Form, Priority Applicants are also applying for any Loyalty Units they may be allotted on the Loyalty Unit Issue Date under the terms of the Priority Offer as set out in this Section.

  • Given the large volume of Loyalty Units issued and redeemed, slight fluctuations in the selling price of a Loyalty Unit will have a significant impact on results.

  • The Authority places no limit on the amount it may invest in any one issuer.

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 cash payments 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 deferred share units granted under the DSU Plan;

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 5.3.

  • 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 has the meaning set forth in Section 3.04(a)(ii).

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

  • RSUs means restricted stock units.

  • Class C Units shall have the meaning set forth in the preface.

  • 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 all Partnership Interests designated as preferred units by the General Partner from time to time in accordance with Section 4.02 of the Partnership Agreement.

  • 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).