Credit Availability Sample Clauses
The Credit Availability clause defines the terms under which credit or financing will be made accessible to a party, typically within a commercial or lending agreement. It outlines the conditions, limits, and procedures for drawing on credit, such as specifying maximum borrowing amounts, eligibility requirements, and any necessary documentation or approvals. This clause ensures that both parties have a clear understanding of when and how credit can be accessed, thereby reducing uncertainty and managing financial risk.
Credit Availability. The amount of the Loan requested to be made on such Borrowing Date shall not exceed the amount that the Lender is obligated to make in accordance with Section 2.1(a) hereof.
Credit Availability. 1. Your Credit Limit(s). We have discretion to determine your credit limit(s) on your Account. We assign an initial credit limit upon approval of your application and issuance of your Card, which is disclosed to you in the materials we send with your Card. On each monthly statement, the total credit limit on your Account is shown as the “Credit Limit” and the total credit available is shown as “Available Credit”. Only a portion of the credit limit is available for Cash Advances (the “Cash Advance Limit”). The amount of credit available for Cash Advances is disclosed on each monthly statement as “Available Cash”. At our discretion, at any time, we may change any credit limit that applies to your Account, as permitted by law. We will notify you if we change any credit limit. You may ask us to change any of your credit limits by contacting us by telephone at the customer service number located on the front of your monthly statement or writing to us at the address for Billing Inquiries and Correspondence located on the front of your monthly statement. We do not have to agree to any such request.
Credit Availability. The credit shall be made available to the BENEFICIARY, in installments, upon satisfaction of the release conditions referred to in Section Twelve (Financial Cooperation Release Conditions), according to the needs for the execution of the financed project, subject to the BNDES financial schedule, which is subordinated to the definition of funds for its investments by the National Monetary Council.
Credit Availability. After receiving a payment, we can immediately increase your available credit, or delay increasing the available credit on your Account for a period of time. You can check the status of your available credit by going to your Apple Wallet, accessing Wallet & Apple Pay, online at ▇▇▇▇.▇▇▇▇▇.▇▇▇, or by contacting us. Subject to applicable law, when we receive a payment, including when you redeem Daily Cash as a credit, for your Account, we will apply: • Amounts up to your Minimum Payment Due in any manner we choose; and • Any amounts exceeding the Minimum Payment Due first to the balance with the highest APR, and then to balances with lower APRs (in descending order based on the applicable APR). This means that any Daily Cash Adjustment that has not been reflected on a Monthly Statement will be paid last. Refunds and other credits may be applied to your Account in any manner, and do not generally reduce your obligation to pay your Minimum Payment Due.
Credit Availability. A credit, if granted, will appear on the next bill or as promptly thereafter as it can be provided after the qualification for a credit and its amount are determined.
Credit Availability. Promise to Pay, Accord and Satisfaction, and Electronic Check Conversion..............................
Credit Availability. Payments on your Account and deposits you make to your Savings Account to increase your credit limit will change the amount of credit you have available. When payments on your account are made electronically by 5PM by Moneygrams, debit cards or credit cards, your credit will be available on the next business day after your payment is credited. When deposits you make to your Savings Account to increase your credit limit are made by 4PM by mail by money orders or cashiers’ checks, or electronically by Moneygrams, debit cards or credit cards, your credit will be available on the next business day after your deposit is reflected in your Savings Account. Payments are credited as set forth in Section L. below. Deposits are reflected in your Savings Account and earn interest as set forth in Section N. below. All other deposits or payments may not increase your credit availability until we are assured that the payment has not been dishonored. This could take up to 14 calendar days.
Credit Availability. ▇▇▇▇▇▇, in its sole and reasonable discretion, at any time and for any reason may: (1) refuse to make an advance requested hereunder; (2) terminate the Credit Facility hereby established for the Member at any time, (3) reduce the amount of the Credit Facility, or (4) increase the amount of the Credit Facility. The Advised Line of Credit (Maximum Advance Amount) available to Member is listed in “System” as defined in the Member’s MMA.
Credit Availability. To enhance Agreement flexibility, some credits may become available for debiting (that is, for use by NDOR) based on the stage and success of the Site development. Pre-crediting is available at three stages of bank development: 1) when the Site Development Plan is approved;
Credit Availability. After receiving a payment, we can immediately increase your available credit, or delay increasing the available credit on your Account for a period of time. You can check the status of your available credit by going to the Wallet app on your Required Device.