Reward Redemption definition

Reward Redemption means the periodic reimbursement payments due and payable by Franchisor to Manager for the benefit of owners of Sub-Units that are rented to Hilton Honors customers under the Rental Program, triggered by Hilton Honors customers’ redemption of Honor points, and allocated by Manager to the applicable Sub-Units based on their respective daily rental usage by Hilton Honors customers, calculated as set forth in Section 6(e).
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Examples of Reward Redemption in a sentence

  • Information regarding minimum/ maximum points required for redemption and Reward Redemption methods shall be mentioned and updated on the bank website.

  • The Bank reserves the right to change the minimum/ maximum number of Reward Points and Reward Redemption methods with due notice to the cardholders.

  • Platforms with Reward Redemption require a 20% minimum deposit of the estimated budget, or $2,500, whichever is greater (a “Deposit”) to be invoiced separately prior to activation.

  • Union Bank of India also reserves the right to change the Reward Redemption Points, withdraw Reward Points, Reward Redemption methods/ options or vary any of the terms and conditions therein, in its absolute discretion and with prior notice to the Cardholder.

  • Table (A): ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ SBI Card • Please note that the following fees and charges are not applicable for ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ SBI Card: Cash Advance Fee (No Cash Limit Allocated), Forex Markup (International usage not allowed), Cash Payment Fee, Finance Charges, Late Payment Charges, Payment Dishonor Fee, Card Replacement Fee, Cheque Payment Fee, Cheque Pickup Fee, Statement Retrieval Fee, Overlimit Fee, Reward Redemption Fee.

  • Table (A): ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ SBI Card • Please note that the following fees and charges are not applicable for ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ SBI Card: Cash Advance Fee (No Cash Limit Allocated), Forex Markup (International usage not allowed), Cash Payment Fee, Finance Charges, Late Payment Charges, Payment Dishonor Fee, Card Replacement Fee, Cheque Fee, Cheque Pickup Fee, Statement Retrieval Fee, Overlimit Fee, Reward Redemption Fee.

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