Available Credit. The amounts shown on your monthly statement as Available Credit and Available Cash do not include Purchases, Balance Transfers, Cash Advances, interest charges, minimum interest charges, fees, any other transactions, or credits which we receive and post to your Account after the Closing Date of that monthly statement. As a result, the actual amount of Available Credit and Available Cash may be different from the amount shown on your monthly statement. You may telephone us at the customer service number located on the front of your monthly statement or write to us at the address for Billing Inquiries and Correspondence located on the front of your monthly statement for your available credit.
Available Credit. After giving effect to the transactions occurring on the Closing Date, the Company will have not less than $3.3 million in cash and available credit.
Available Credit. On receipt of each Schedule, DFS will credit Dealer with such amount as DFS may deem advisable up to Ninety Percent (90%) of the net amount of the eligible Government Accounts listed in such Schedule and up to Eighty-Five Percent (85%) of the net amount of the eligible Non-Government Accounts listed in such Schedule; provided, however, that such amount so credited shall not exceed Dealer's maximum Accounts Receivable Facility from time to time established by DFS (the "Available Credit"). If Dealer's outstanding loans under Dealer's Accounts Receivable Facility exceed Dealer's Available Credit, Dealer will immediately pay to DFS an amount not less than the difference between (i) Dealer's outstanding loans under Dealer's Accounts Receivable Facility, and (ii) Dealer's Available Credit. No loans need be made by DFS if Dealer is in Default. 3.3
Available Credit. On receipt of each Schedule, CDF will credit Dealer with such amount as CDF may deem advisable, up to the lesser of (a) eighty-five percent (85%) of the net amount of the eligible Accounts listed in such Schedule, and (b) Dealer’s maximum Accounts Receivable Facility from time to time established by CDF (such lesser amount being referred to as the “Available Credit”). If, for any reason, Dealer’s outstanding loans under Dealer’s Accounts Receivable Facility shall at any time exceed Dealer’s Available Credit, Dealer will immediately repay to CDF the amount of such excess. No loans need be made by CDF if Dealer is in Default.
Available Credit. The Atlas Card Account is designed to help you never spend more than you can pay back in full each month, based on average daily balance and transaction history in your Linked External Account. We determine how much you have in your Linked External Account by polling it periodically. We refer to this limit as the available credit (Available Credit). The Available Credit may never exceed the Credit Limit. If you make a transaction that causes you to exceed the Available Credit on your Atlas Card Account, you agree to immediately make a payment on your Card such that you no longer exceed your Available Credit. ● Our general practice is to decline any transaction that would cause you to exceed any applicable Available Credit. Even if we have permitted you to exceed your Available Credit before, we are not required to do it in the future.
Available Credit. In addition to the Credit Limit, you will also have a separate daily spending limit (Available Credit), up to a daily maximum, which is the available portion of your Credit Limit. Your Available Credit is the amount of credit that is available for you to make transactions with your Cards at any given time. You will only have access to Available Credit if you have made successful on time payments for all prior transactions that have occurred during the Billing Cycle and you have made all required payments with regard to prior Statements. If you fail to make required payments, or any payment is returned or unsuccessful for any reason, your Available Credit will be zero until such payment is successfully made. Your Available Credit is equal to the lesser of (i) your remaining Credit Limit for your current Billing Cycle; or (ii) the Available Credit you started with that day minus any outstanding transactions from earlier that day. The total outstanding and unpaid balance from your Cards will be your Account balance at the end of each Billing Cycle (“Atlas Card Balance”). We may determine your Available Credit for the purpose of deciding whether to approve a Card transaction at any time, including between the time you authorize the transaction and when we decide whether to allow the transaction. All transactions on your Card(s) are subject to the applicable Available Credit. See Section II.A.6.
Available Credit. On receipt of each Schedule, DFS will credit Dealer with such amount as DFS may deem advisable up to EIGHTY FIVE percent (85.0%) of the net amount of the eligible Accounts listed in such Schedule. DFS will loan Dealer such amounts so credited or a part thereof as requested provided that at no time will such outstanding loans exceed Dealer's maximum Accounts Receivable Facility from time to time established by DFS. No loans need be made by DFS if the Dealer is in Default.
Available Credit. The first paragraph of Section 3.2 of the BFA is deleted and replaced with the following:
Available Credit. Lender, relying on the representations and warranties in Clause 6 and subject to the terms and provisions in this Agreement, agrees to make the Available Credit available to Borrower.
Available Credit. The maximum amount which Customers may borrow under this Addendum in any given instance (“Available Credit”) shall be equal to (a) the Maximum Allowable Indebtedness, less (b) Customers’ Total Outstanding Indebtedness.
