Credit Limits Clause Samples

Credit Limits. We may establish a Total Credit Limit (the “Total Credit Limit”) and a Cash Advance Limit (the “Cash Advance Limit”) for you and increase or decrease such limits as we deem appropriate from time to time. Your initial Total Credit Limit and Cash Advance Limit are shown on the folded mailer containing your Card, or on the approval notice. Your Total Credit Limit and Cash Advance Limit will also appear on your Account Statement (as defined below). Your Total Credit Limit is the maximum amount of credit that you can have outstanding on your Account at any time. The Cash Advance Limit is that amount you have available for Cash Advances. The amount of credit available in your Cash Advance Limit will never exceed the amount of credit available inyour TotalCredit Limit. Without limiting the foregoing, we may reduce the amount of credit available under the Total Credit Limit or the Cash Advance Limit by the amount of any request for authorization from a merchant or financial institution even if the amount has not yet posted to the Account. You agree not to use, or allow anyone else to use, the Card or Account in any way that would cause the balance of purchases on the Card or Account, to exceed these limits. We are not under any circumstances obligated to approve any transaction or extend credit if doing so would exceed any applicable limit; but if we do, you agree to repay all charges that exceed any limits, plus other applicable Charges in accordance with the terms of this Agreement. Fees for exceeding the limits appear in the Rates and Fees section below. We may change your limits from time to time. We base that decision on a variety of factors such as your payment and transaction history with us, and information we receive from third parties,including credit reporting agencies.The amounts shown on your Statement as available credit do not take into account Purchases, Balance Transfers, Cash Advances, interest charges, fees, any other transactions, or credits which post to your Account after the Closing Date (as defined below) of that Statement. The total outstanding balance on your Account plus authorizations at any time must not be more than your Total Credit Limit. The total outstanding balance of your Cash Advances (plus authorizations) must not be more than your Cash Advance Limit. Each time you attempt a transaction which results in your applicable outstanding balance (plus authorizations) exceeding a limit, we may: (a) permit the transaction without raisi...

Credit Limits. 5.1.1 The Bank will assign a Credit Limit to the Card Account, which must be strictly observed. The Cardholder may however apply for a review of his/her Credit Limit at any time with such documentations as may be requested by the Bank at the Banks discretion. 5.1.2 In computing whether the Credit Limit has been exceeded, the Bank shall take into account the amount of any Card Transaction not yet debited to the Card Account an account and the Account Balance of any authorisation given by the Bank to a third party in respect of a prospective Card Transaction or any amount that has been reserved by us for a forthcoming transaction as a request made by the Cardholder. 5.1.3 The Cardholder will be liable for all credit facilities granted by the Bank in respect of the Card and for all related charges, hereunder, notwithstanding the termination of this Agreement.

Credit Limits. We will notify you of your credit limit. You agree to keep your unpaid balance within your credit limit; however, if you do exceed your credit limit, you agree to immediately pay any amount over the credit limit upon our demand, regardless of whether we authorized the advance(s) which caused you to exceed your credit limit.

Credit Limits. 5.1 The Bank will set the total credit limit for the Company in connection with the Programme from time to time. The Company will be informed of its initial total credit limit and of any changes to its total credit limit by written notice. The total credit limit set initially or from time to time by the Bank shall be binding on the Company. 5.2 The Company may request the Bank to establish sub-limits for individual Card Accounts, and the Programme Administrator, may from time to time send written requests and instructions to the Bank conveyed through such means as permitted by the Bank to establish temporary increases in sub-limits for individual Card Accounts. Any request to establish sub-limits and/or for a temporary increase in sub- limits for individual Card Account shall be in accordance with the Banking (Credit Card and Charge Card) Regulations 2013 and is subject to the Bank’s approval and the Bank shall not be obligated to approve such request. 5.3 The Company shall ensure the total credit limit for the Company and/or the applicable sub-limit for any individual Card Accounts is not exceeded without the Bank’s written permission and the Bank shall be under no obligation to permit charges in excess of the total credit limit or any applicable sub-limit for any individual Card Account. 5.4 Notwithstanding and without prejudice to the other provisions of this Agreement and any of the Bank’s rights and remedies, the Bank is entitled, at any time in its reasonable discretion and without giving any reason or notice, to (a) refuse to approve any proposed Card transaction notwithstanding that the proposed Card transaction would not have breached any of the applicable spending authorization controls. (b) allow or approve any Card transaction which will result in a breach of one or more of the applicable spending authorization controls. (c) increase or decrease the total credit limit for the Company.

Credit Limits. You will be notified of Your specific Credit Limit for transactions made under Your Account. Unless You are in default, Your Credit Limit will be self-replenishing as You make payments on Your Account. You will keep Your unpaid balance within Your Credit Limit, and You will pay any amount over Your Credit Limit on Our demand whether or not We authorize the advance which caused You to exceed Your Credit Limit. Even if Your unpaid balance is less than Your Credit Limit, You will have no credit available during any time that any aspect of Your Account is in default.

Credit Limits. Advances against my Instant Cash Loan Account will at no time, in total, exceed the limit as set forth to me. Advances on secured loans will depend on the value of security offered at the time of each advance.

Credit Limits. You promise the payments made for your account resulting from use of the Card will, at no time, cause the outstanding balance in your account to exceed your credit limit as disclosed to you at the time you received your Card or as adjusted from time to time at the discretion of the Credit Union.

Credit Limits. Based on Your payment history or Your credit score obtained from credit reporting agencies, We may set a credit limit on Your account at any time. If You exceed Your credit limit, We may restrict Your access to the Services We provide, such as direct-dialed and operator-assisted long-distance services and calls requiring a 900 or 976 prefix. In the case of telephone service, this restriction on Your access to the Services will not affect Your access to or use of 911 emergency services.

Credit Limits. 18.1 The Client understands that: (a) VGP may grant certain Clients a Credit Limit. A Credit Limit is a pre-agreed amount of Australian dollars that can be offset against a negative Mark to Market value on Open Position; or an amount applicable to unsettled trading losses to some or all Orders (either individually or in aggregate or both); (b) If the negative Mark to Market of Open Position is approaching or has exceeded the Client’s Credit Limit, VGP reserves the right to Margin Call the Client an amount entirelyat its discretion; (c) VGP is not obliged to provide credit to the Client; and (d) any Credit Limit set by VGP may be reduced or withdrawn at any time by giving Notice to the Client. 18.2 The Client acknowledges that if VGP acts on an Instruction which would result in a CreditLimit being exceeded: (a) VGP is not obliged to inform the Client that the Credit Limit will be exceeded; (b) the Client will continue to be liable to VGP for all amounts including those above the Credit Limit; and (c) VGP is not obliged to act upon any subsequent Instruction where a Credit Limit might be exceeded.