Points Forfeited definition
Examples of Points Forfeited in a sentence
Any Settlement Class Member may submit a Claim to the Settlement Administrator seeking a distribution from the Settlement Fund, except any person who has already settled with Chase and released his or her claims relating to, based upon, resulting from, or arising out of Points Forfeited upon Account Closure or disclosures related to the accumulation, expiration, or forfeiture of rewards points.
The base amount shall be equal to the number of Points Forfeited upon the Closure of the Claimant’s Account, multiplied by a determinate number of cents per point, to be calculated by dividing the Net Settlement Fund by the total number of Points Forfeited upon Account Closure, without the opportunity to redeem post-Closure, by Settlement Class Members.