Examples of Credit Line Agreement in a sentence
Following termination, the Account Owner shall be obliged to pay the total debt outstanding on the basis of the Credit Line Agreement with Credit Card by the last day of the Grace Period following termination, but at latest by the end of the notice period.
For agreements concluded between the Bank and Clients regulated by the scope of the Bank’s Terms and Conditions for Retail Clients for the purpose of loan or any other financial service (e.g. Credit Line Agreement), the Bank’s rights to the unilateral modification of contracts are governed by the provisions of the Bank’s Terms and Conditions for Retail Clients.
The representative(s) of the Account Owner as well as the applicants for Business Credit Card shall appear together in the branch specified by the Bank to sign the Credit Line Agreement with Credit Card.
The conditions and special terms of the different Credit Operations executed against the Credit Line, as well as the interests, fees and commissions payable to the Bank are determined by the Parties in the Agreement concerning the given Credit Operation, which Agreement falls within the scope of the Uncommitted Credit Line Agreement.
By signing the Credit Line Agreement or Credit Line Agreement with Credit Card, the Account Owner gives an irrevocable authorization to the Bank based on which, following issuance of the Business Credit Card, the Bank shall reduce the balance of the Credit Line available on the Credit Card Account by the amount of transactions made using the Business Credit Card, the interests, commissions, fees and charges without any specific instruction of the Account Owner.