Redemption Partners definition

Redemption Partners. - means Commercial Partners that offer air travel, shopping discounts or other rewards to members upon redemption of Loyalty Units;
Sample 1Sample 2Sample 3
Redemption Partners means Commercial Partners that offer air travel, shopping discounts or other rewards to members upon redemption of GALUs;
Sample 1Sample 2
Redemption Partners means the companies who provide opportunities to redeem Points and/or Offers under the Program. The current list of Redemption Partners is available on the Program Site https://business.mastercard.ru/ or via the Program App.
Sample 1Sample 2

Examples of Redemption Partners in a sentence

  • The potential redemption costs, noted above, have been calculated on the basis of the current average redemption cost, reflecting actual prices with Redemption Partners, including Air Canada, and the experienced mix of the various types of rewards that members have selected, based on past experience.

  • The products, facilities and/or services provided for redemption are the sole responsibility of Our Redemption Partners and we have no responsibility whatsoever in respect of those redeemed products, facilities and services.

  • Reward Dollars” or “Reward$” or “R$” – This is a standard Benefit issued and recognised under the Octopus Rewards programme that you can use for the redemption of certain products, facilities and services with Our Redemption Partners.

  • The Appellant also manages the reward options as well as relationships with the Redemption Partners for smooth redemption of such Payback Points For such add on services, the Appellant charges a management fee against which Appellant issued invoice with GST at the appropriate rates to its partner and discharged GST liability accordingly in terms of the provisions of the CGST ACT, IGST ACT and HGST ACT and the rules made thereunder.

  • The potential redemption costs, noted above, have been calculated on the basis of the current average redemption cost, reflecting actual prices with Redemption Partners and the experienced mix of the various types of rewards that members have selected, based on past experience.

  • At the same time, the accounts receivable of$67.5 million (£42.3 million) which would have been due from certain Redemption Partners in the event of Aimia EMEA Limited losing the case was also released to cost of rewards.

  • As Points, Bonus Points, Redemption Partners, Bonus Partners and Rewards can change at any time, you should always check with us that the information in the website is up to date before you claim a Reward.

  • In general terms, Aimia’s coalition loyalty business is based on two major streams of activity: (i) the sale of Loyalty Units and related marketing services to Accumulation Partners; and (ii) delivering rewards to members through the purchase of rewards or shopping discounts from its Redemption Partners.

  • Cost of rewards representing the amount paid by Groupe Aeroplan to Redemption Partners is accrued when the member redeems the GA Loyalty Units.

  • Any dispute on the Rewards and/or the Benefits shall be notified to us and/or our Lifestyle Partners or Redemption Partners within 30 days from the date that the dispute had taken place.


More Definitions of Redemption Partners

Redemption Partners means any Person engaged in a business relationship with the Acquired Company that permits Members to use Gift Cards obtained with Reward Points to acquire goods or services (or to obtain other benefits).
Sample 1
Redemption Partners means the companies who provide opportunities to redeem
Sample 1

Related to Redemption Partners

  • Redemption Notes means unsecured subordinated promissory notes of the Trust having a maturity date to be determined at the time of issuance by the Trustee (provided that in no event shall the maturity date be set at a date subsequent to the first Business Day following the fifth anniversary of the date of issuance of such note), bearing interest from the date of issue at a market rate of interest determined at the time of issuance by the Trustee, payable for each month during the term on the 15th day of each subsequent month with all principal being due on maturity, such promissory notes to provide that the Trust shall at any time be allowed to prepay all or any part of the outstanding principal without notice or bonus.

  • Redeeming Partner has the meaning set forth in Section 8.6.A.

  • Redemption Shares has the meaning set forth in Section 6.2(a). “Reviewed Year” has the meaning ascribed to said phrase under Section 6225(d)(1) of the Code.

  • Redemption Rights means the redemption rights provided for in Section 9.2 of the SPAC Certificate of Incorporation.

  • Redemption Securities means any debt or equity securities of the Corporation, any Subsidiary or any other corporation or other entity, or any combination thereof, having such terms and conditions as shall be approved by the Board of Directors and which, together with any cash to be paid as part of the redemption price, in the opinion of any nationally recognized investment banking firm selected by the Board of Directors (which may be a firm which provides other investment banking, brokerage or other services to the Corporation), has a value, at the time notice of redemption is given pursuant to paragraph (d) of this Section 5, at least equal to the Fair Market Value of the shares to be redeemed pursuant to this Section 5 (assuming, in the case of Redemption Securities to be publicly traded, such Redemption Securities were fully distributed and subject only to normal trading activity).

  • Redemption Fee means the fee applied by us for the return of funds to an IBAN Account holder, or Cardholder following a request for redemption by an IBAN Account holder Cardholder under this Agreement, as specified in the attached Fees & Limits Schedule;

  • Tax Redemption The meaning specified in Section 9.3(a) hereof.

  • Redemption Right has the meaning provided in Section 8.5(a) hereof.

  • Redemption Time means the time at which the right to exercise the Rights shall terminate pursuant to Section 5.1 hereof.

  • Redemption Agent means that Person, if any, appointed by the Issuer to hold funds deposited by the Issuer in trust to pay to the Holders of shares to be redeemed.

  • Redemption Notices means, collectively, the Event of Default Redemption Notices and the Company Optional Redemption Notices, and each of the foregoing, individually, a “Redemption Notice.”

  • Redemption Call Right has the meaning provided in the Exchangeable Share Provisions.

  • Redemption Call Purchase Price has the meaning provided in Section 1.4;

  • Redemption Fund means the Redemption Fund for Refunded Notes created pursuant to Section 501 hereof.

  • Redemption Amount means, as appropriate, the Final Redemption Amount, the Early Redemption Amount (Tax), the Optional Redemption Amount (Call), the Optional Redemption Amount (Put), the Early Termination Amount or such other amount in the nature of a redemption amount as may be specified in, or determined in accordance with the provisions of, the relevant Final Terms;

  • Tax Redemption Date shall have the meaning specified in Section 16.02(a).

  • Redemption Payment Date As defined in Section 13.1.

  • Redemption Price when used with respect to any Security to be redeemed, means the price at which it is to be redeemed pursuant to this Indenture.

  • Redemption Conditions means, with respect to any payment of cash in respect of the principal amount of any Permitted Convertible Debt, satisfaction of each of the following events: (a) no Default or Event of Default shall exist or result therefrom, and (b) both immediately before and at all times after such redemption, Borrower’s Qualified Cash shall be no less than the sum of 150% of the outstanding Secured Obligations plus the Qualified Cash A/P Amount.

  • Note Redemption Price means, for the Redemption Date, an amount equal to the sum of:

  • Redemption Premium means (i) in the case of the Events of Default described in Section 4(a)(i) - (vi) and (ix) - (xii), 125% or (ii) in the case of the Events of Default described in Section 4(a)(vii) - (viii), 100%.

  • Redemption Notice means a notice in a form approved by the Company by which a holder of Public Shares is entitled to require the Company to redeem its Public Shares, subject to any conditions contained therein.

  • Redeeming Member has the meaning set forth in Section 11.01(a).

  • Special Redemption has the meaning set forth in Section 15.1.A hereof.

  • Redemption Basket means the minimum number of Units of a Fund that may be redeemed pursuant to Section 8.1, which shall be the number of Units of such Fund constituting a Creation Basket on the relevant Redemption Order Date.

  • Call and Put Redemption Amount means GBP 1 per Preference Share.