Applicable credit limit. Each supplementary cardmember must not carry out card transactions such that the outstanding balance incurred by such supplementary cardmember exceeds the lower of the credit limit assigned to such supplementary cardmember or the account credit limit. The basic cardmember and all supplementary cardmembers must not carry out card transactions such that the total outstanding balance respectively incurred by them exceeds the combined credit limit.
Applicable credit limit. The credit limit is applicable to the principal cardmember and all supplementary cardmembers collectively; the principal cardmember and all supplementary cardmembers must not carry out card transactions such that the aggregate of the total indebtedness respectively incurred by them exceeds the credit limit.
Applicable credit limit. As used herein the term "Applicable Credit Limit" means the Ferrostaal credit limit for a Customer for Products sold to such Customer set forth on Exhibit A hereto, as such Applicable Credit Limit may be modified from time to time by mutual written agreement of both parties hereto.
