Use of Cards. Section 3 of the Agreement (“CARD AND ACCOUNT USE”) is hereby modified by revising the second paragraph of Section (a) any balance owed by the Company in respect of the Account to which such Transaction relates or any balance owed by the Company on any Account is past due; (b) the amount of the Transaction plus the outstanding balance (including Transactions authorized but not yet posted) of all Accounts would exceed the Aggregate Credit Limit; (c) the amount of the Transaction plus the outstanding balance (including Transactions authorized but not yet posted) of the relevant Account would exceed the Account Credit Limit for such Account; (d) if the Transaction is a Cash Advance, the amount of the Cash Advance plus the outstanding Cash Advance balance (including Cash Advances authorized but not yet posted) of the relevant Account would exceed the Cash Advance Credit Limit for such Account; or (e) any other reason exists for declining a Transaction as set forth in this Agreement, in the Cardholder Agreement, if any, in the operating regulations of Visa, or under applicable law.
Appears in 3 contracts
Sources: Cash Advance Addendum to Visa® Commercial Card Master Agreement, Cash Advance Addendum to Visa® Purchasing Card Master Agreement, Cash Advance Addendum to Visa® Commercial Card Master Agreement