Line of Credit definition

Line of Credit mean the credit facility described in the Section titled "LINE OF CREDIT" below.

Line of Credit means the credit facility described as such in Section 2.

Line of Credit means a type of Loan product that typically incorporates features that give the relevant Borrower options to, among other things, make further drawings on the Loan account;

Examples of Line of Credit in a sentence

• You can use your Card and PIN at any ATM to obtain a cash withdrawal from your Designated Accounts (or a loan, in the case of a withdrawal from your Des ignated Account when your Designated Account has a zero balance and you have an approved Line of Credit for overdraft protection).

• If you have a Line of Credit, you agree not to use your Card and PIN for a Transaction that would cause the outstanding balance of your Line of Credit to go above your credit line.

• Difference Personal Loan Line of Credit Payment Period Specific start and end dates.

• You could lose all the money in your Designated Accounts, plus your maximum overdraft Line of Credit protection.

• Section IV: Initial Term Initial Term: 3 year(s) Section V: Security Amount Pre-Pay (Pre-Fund) (for Electronic Accounts Payable) Bank Letter of Credit in the amount of $ Cash Security Deposit $ Other funds in the amount of $ Open Line of Credit $ (for T&E) Notes: The Security Amount shall be retained up to forty-five (45) days following termination of this Agreement.

More Definitions of Line of Credit

Line of Credit has the meaning ascribed to it in Section 2.1.1. hereof.

Line of Credit has the meaning set forth in Section 1.1(a).

Line of Credit as defined in Section 2.1.

Line of Credit is defined in the Recitals.

Line of Credit has the meaning ascribed thereto in Section 2.1(a) hereof.

Line of Credit means the commitment of the Lenders in the aggregate amount of $65,000,000 to (a) make Revolving Loans pursuant to Sections 3 and 4 of this Agreement, and (b) assist the Companies in opening Letters of Credit pursuant to Section 5 of this Agreement (up to the Letter of Credit Sub-Line).

Line of Credit means the line of credit established under Section 2.1 of this Agreement.