Common use of Cooling Clause in Contracts

Cooling. Off Period is a period of time during which you will be unable to request Cash Advances. This period begins after you have had an outstanding Balance for 10 consecutive calendar months, and ends once your Balance reaches $0.00 and you maintain that $0.00 Balance for 20 consecutive calendar days. Go to Paragraph 10 for details. Credit Limit is the maximum amount you can borrow under your Elastic Account. Go to Paragraph 2 for details. Elastic Cash is the amount you receive, either through check by mail or by direct deposit, when you request a Cash Advance. It is the Cash Advance minus the Cash Advance Fee. ▇▇▇▇▇▇▇.▇▇▇ means the Elastic website ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇.▇▇▇.

Appears in 2 contracts

Sources: Elastic Credit Agreement, Elastic Credit Agreement