Facility Limit. 6.1 The Bank shall at its sole discretion specify the Cardmember’s Facility Limit with the Bank for the purposes of this Agreement. 6.2 Where the Cardmember operates two or more Card accounts with the Bank, a combined Facility Limit will be assigned to the Cardmember representing the total facility limit extended to cover the use of all the Cards held by the Cardmember and his/her Supplementary Cardmember, if any. 6.3 The Cardmember hereby covenants that he/she shall not exceed his/her Facility Limit in using the Card and shall make good any excess thereof immediately upon receipt of the monthly statement of account and/or to such other notices by the Bank showing such excess in accordance with Clause 7.1 (b) (ii).
Appears in 2 contracts
Sources: Card Agreement, Card Agreement