Common use of Authorized User Spending Limits Clause in Contracts

Authorized User Spending Limits. the Primary Cardholder may contact CIBC to set an authorized User Spending limit for each authorized User on the Credit Card account, which the Primary Cardholder may adjust or remove at any time. the authorized User Spending limit(s) will be subject to the overall Credit limit and Cash limit on the Credit Card account, so the funds available to an authorized User may be less than the authorized User Spending limit. the Primary Cardholder will continue to be fully liable for the Credit Card account. an authorized User Spending limit will reset monthly, or earlier if requested by the Primary Cardholder or if a payment on the Credit Card account is made by the applicable authorized User.

Authorized User Spending Limits. the The Primary Cardholder may contact CIBC to set an authorized Authorized User Spending limit Limit for each authorized Authorized User on the Credit Card accountAccount, which the Primary Cardholder may adjust or remove at any time. the authorized The Authorized User Spending limit(sLimit(s) will be subject to the overall Credit limit Limit and Cash limit Limit on the Credit Card accountAccount, so the funds available to an authorized Authorized User may be less than the authorized Authorized User Spending limitLimit. the The Primary Cardholder will continue to be fully liable for the Credit Card accountAccount. an authorized An Authorized User Spending limit Limit will reset monthly, or earlier if requested by the Primary Cardholder or if a payment on the Credit Card account Account is made by the applicable authorized Authorized User.