Common use of Credit Line Clause in Contracts

Credit Line. If we approve your application, we will establish a self replenishing Line of Credit for you and notify you of its amount when we issue the card. You agree not to let the account balance exceed this approved Credit Line. Each payment you make on the account will restore your Credit Line by the amount of the payment which is applied to principal. You may request an increase in your Credit Line only by written application to us, which must be approved by us. By giving you written notice we may reduce your Credit Line from time to time or, with good cause, revoke your card and terminate this Agreement. Good cause includes your failure to comply with this Agreement or our adverse reevaluation of your creditworthiness. You may also terminate this Agreement at any time, but termination by either of us does not affect your obligation to pay the account balance. The cards remain our property, and you must recover and surrender to us all cards upon our request and upon termination of this Agreement.

Appears in 8 contracts

Samples: Credit Card Agreement, Credit Card Agreement, winthropcreditunion.org

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Credit Line. If we approve your application, we will establish a self self- replenishing Line of Line-of-Credit for you and notify you of its amount when we issue the cardyou. You agree to not to let the account balance exceed this the approved Credit Line. Each payment you make on the account will restore your Credit Line by the amount of the payment which is applied to the principal. You may request an increase in your Credit Line only by written making an application to us, which must be approved by usus and we may increase your Credit Line from time to time as well. By giving you written notice notice, we may reduce your Credit Line from time to time ortime, or with good cause, revoke your card Card and terminate this Agreement. Good cause includes your failure to comply with this Agreement Agreement, or our adverse reevaluation re-evaluation of your creditworthiness. You may also terminate this Agreement at any time, but termination by either of us does not affect your obligation to pay the account balance. The cards Cards remain our property, property and you must recover and surrender to us all cards Cards upon our request and upon termination of this Agreement.

Appears in 4 contracts

Samples: Card Application Agreement, Card Application Agreement, www.m1ccu.org

Credit Line. If we approve your application, we will establish a self self-replenishing Line of Credit for you and notify you of its amount when we issue the cardCard. You agree not to let the account balance exceed this approved Credit Line. Each payment you make on the account will restore your Credit Line by the amount of the payment payment, which is applied to principal. You may request an increase in your Credit Line only by written application to us, which must be approved by usour credit committee or loan officer. By giving you written notice we our credit committee may reduce your Credit Line from time to time ortime, or with good cause, revoke your card Card and terminate this Agreement. Good cause includes your failure to comply with this Agreement agreement or our adverse reevaluation of your creditworthinesscredit worthiness. You may also terminate this Agreement at any time, but termination by either of us does not affect your obligation to pay the account balance. The cards Cards remain our property, property and you must recover and surrender to us all cards Cards upon our request and upon termination of this Agreement.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

Credit Line. If we approve your application, we will establish a self replenishing Line line of Credit credit for you and notify you of its amount your credit limit when we issue the cardCard. You agree not to let the account balance exceed this approved Credit Linecredit limit. Each payment you make on the account will restore your Credit Line credit line by the amount of the payment which is applied to principal. You may request an increase in your Credit Line credit limit only by written application to us, which must be approved by usour credit committee or loan officer before it becomes effective. By giving you written notice we may reduce your Credit Line credit limit from time to time ortime, or with good cause, revoke your card Card privileges and terminate this Agreement. Good cause includes your failure to comply with this Agreement Agreement, or our adverse reevaluation of your creditworthinesscredit- worthiness. You may also terminate this Agreement at any time, but termination by either of us does not affect your obligation to pay the account balance. The cards Cards remain our property, property and you must recover and surrender to us all cards Cards upon our request and upon termination of this Agreement.

Appears in 2 contracts

Samples: Cardholder Agreement, Secured Mastercard Credit Card Cardholder Agreement and Disclosure Statement

Credit Line. If we approve your application, we will establish a self self-replenishing Line of Credit for you and notify you of its amount when we issue the cardCard. You agree not to let the account balance exceed this approved Credit Line. Each payment you make on the account will restore your Credit Line by the amount of the payment which is applied to principal. You may request an increase in your Credit Line only by written application to us, which must be approved by usour loan officer. By giving you written notice we our loan officer may reduce your Credit Line from time to time ortime, or with good cause, revoke your card Card and terminate this Agreement. Good cause includes your failure to comply with this Agreement Agreement, or our adverse reevaluation re-evaluation of your creditworthiness. You may also terminate this Agreement at any time, but termination by either of us does not affect your obligation to pay the account balance. The cards Cards remain our property, property and you must recover and surrender to us all cards Cards upon our request and upon termination of this Agreement.

Appears in 2 contracts

Samples: Visa Credit Card Agreement, Visa Credit Card Agreement

Credit Line. If we approve your application, we will establish a self self-replenishing Line of Credit for you and notify you of its amount when we issue the cardCard. You agree not to let the account Account balance exceed this approved Credit Line. Each payment you make on the account Account will restore your Credit Line by the amount of the payment which is applied to principal. You may request an increase in your Credit Line only by written application to us, or by telephone at 000.000.0000, which must be approved by usa loan officer. By giving you written notice notice, we may reduce your Credit Line from time to time or, with good cause, revoke your card Card and terminate this Agreement. Good cause includes your failure to comply with this Agreement or our adverse reevaluation of your creditworthinesscredit worthiness. You may also terminate this Agreement at any time, but termination by either of you or us does not affect your obligation to pay the account Account balance. The cards Cards remain our property, and you must recover and surrender to us all cards Cards upon our request and upon termination of this Agreement.

Appears in 2 contracts

Samples: Card Agreement, Business Credit Card Agreement

Credit Line. If we approve The approval of your application, we application will establish a self self-replenishing Line of Credit for you and notify you of its amount when we issue the cardCard. You agree not to let the account balance exceed this approved Credit Line. Each payment you make on the account will restore your Credit Line by the amount of the payment which is applied to principal. You may request an increase in your Credit Line only by written application to contacting us, which ; this request must be approved by usa loan officer(s). By giving you written notice we may increase or reduce your Credit Line from time to time ortime, or with good cause, revoke your card Card and terminate this Agreement. Good cause includes your failure to comply with this Agreement Agreement, or our adverse reevaluation of your creditworthiness. You may also terminate this the Agreement at any time, but termination by either of us does not affect your obligation to pay the account balance. The cards Cards remain our property, property and you must recover and surrender to us all cards Cards upon our request and upon termination of this Agreement.

Appears in 2 contracts

Samples: Rate Agreement, Credit Union

Credit Line. If we approve your application, we will establish a self self-replenishing Line of Credit for you and notify you of its amount when we issue the cardCard. You agree not to let the account Account balance exceed this approved Credit Line. Each payment you make on the account Account will restore your Credit Line by the amount of the payment which is applied to principal. You may request an increase in your Credit Line only by written application to us, or by telephone at 000-000-0000 or 0-000-000-0000, which must be approved by usa loan officer. By giving you written notice notice, we may reduce your Credit Line from time to time or, with good cause, revoke your card Card and terminate this Agreement. Good cause includes your failure to comply with this Agreement or our adverse reevaluation of your creditworthinesscredit worthiness. You may also terminate this Agreement at any time, but termination by either of you or us does not affect your obligation to pay the account Account balance. The cards Cards remain our property, and you must recover and surrender to us all cards Cards upon our request and upon termination of this Agreement.

Appears in 2 contracts

Samples: Credit Card Agreement, www.mymax.com

Credit Line. If we approve your application, we will establish a self self-replenishing Line of Credit for you and notify you of its amount when we issue the cardCard. You agree not to let the account Account balance exceed this approved Credit Line. Each payment you make on the account Account will restore your Credit Line by the amount of the payment which is applied to principal. You may request an increase in your Credit Line only by written application to us, which must be approved by us. By giving you written notice we may reduce your Credit Line from time to time ortime, or with good cause, revoke your card Card and terminate this Agreement. Good cause includes your failure to comply with this Agreement Agreement, or our adverse reevaluation of your creditworthiness. You may also terminate this Agreement at any time, but termination by either of us does not affect your obligation to pay the account Account balance. The cards All Cards remain our property, property and you must recover and surrender to us all cards Cards upon our request and upon termination of this Agreement.

Appears in 2 contracts

Samples: www.truliantfcu.org, www.truliantfcu.org

Credit Line. If we approve your application, we will establish a self self-replenishing Line line of Credit credit for you and notify you of its amount when we issue the cardCard. You agree not to let the account Account balance exceed this approved Credit Linecredit line. Each payment you make on the account Account will restore your Credit Line credit line by the amount of the payment which is applied to principal. You may If you request an increase in your Credit Line only by written application to uscredit line, which must be approved by us. By giving you written notice we may require you to make your request in writing before considering your request. We may, at any time and for any reason not prohibited by law, reduce your Credit Line credit line from time to time ortime, with good cause, refuse to make an advance or revoke your card Card and terminate this Agreement. Good cause includes your failure to comply with this Agreement agreement or our adverse reevaluation of your creditworthiness. You may also terminate this Agreement at any time, but termination by either of you or us does not affect your obligation to pay the account balance. The cards Cards remain our property, and you must recover and surrender to us all cards Cards upon our request and upon termination of this Agreement.

Appears in 2 contracts

Samples: www.campusfederal.org, aneca.org

Credit Line. If we approve your application, we will establish a self self-replenishing Line of Credit for you and notify you of its amount when we issue the card. You agree not to let the account balance exceed this approved Credit Line. Each payment you make on the account will restore your Credit Line by the amount of the payment which is applied to principal. You may request an increase in your Credit Line only by written application to us, which must be approved by usour Credit Manager or loan officer. By giving you written notice we our Credit Manager may reduce your Credit Line from time to time ortime, or with good cause, revoke your card and terminate this Agreement. Good cause includes your failure to comply with this Agreement Agreement, or our adverse reevaluation of your creditworthinesscredit-worthiness. You may also terminate this Agreement at any time, but termination by either of us does not affect your obligation to pay the account balance. The cards remain our property, property and you must recover and surrender to us all cards upon our request and upon termination of this the Agreement.

Appears in 1 contract

Samples: www.cccu.com

Credit Line. If we approve your application, we will establish We have established a self replenishing Line revolving line of Credit credit for you and will notify you of its amount the credit limit when we issue the cardCard. You agree not to let the account Account balance exceed this approved Credit Linecredit line. Each payment you make on the account your Account will restore your Credit Line credit line by the amount of the payment payment, which is applied to principal. You may If you request an increase in to your Credit Line only by written application to uscredit limit and we approve the request, which must be approved by usyour use of the Card constitutes acceptance of the increased line. By giving you written notice we may reduce your Credit Line from time to time orcredit line, or with good cause, revoke your card Card and terminate this Agreementagreement. Good cause includes your failure to comply with this Agreement agreement, or our an adverse reevaluation re-evaluation of your creditworthiness. You may also terminate this Agreement agreement at any time, but termination by either of us does not affect your obligation to pay the account Account balance. The cards remain Card remains our property, property and you must recover and surrender to us all cards Cards upon our request and upon termination of this Agreementagreement.

Appears in 1 contract

Samples: www.hvcu.org

Credit Line. If we approve your application, we will establish a self self-replenishing Line of Credit for you and notify you of its amount when we issue the card. You agree not to let the account balance exceed this approved Credit Line. Each payment you make on the account will restore your Credit Line by the amount of the payment which is applied to principal. You may request an increase in your Credit Line only by written application to us, which must be approved by usa loan officer. By giving you written notice we notice, a loan officer may reduce your Credit Line from time to time ortime, or with good cause, revoke your card and terminate this Agreement. Good cause includes your failure to comply with this Agreement Agreement, or our adverse reevaluation of your creditworthinesscredit- worthiness. You may also terminate this Agreement at any time, but termination by either of us does not affect your obligation to pay the account balance. The cards remain our property, property and you must recover and surrender to us all cards upon our request and upon termination of this Agreement.

Appears in 1 contract

Samples: Credit Card Agreement

Credit Line. If we approve your application, we will establish a self replenishing Line of Credit for you and notify you of its amount when we issue the card. You agree not to let the account balance exceed this approved Credit Line. Each payment pay- ment you make on the account will restore your Credit Line by the amount of the payment which is applied to principal. You may request an increase in your Credit Line only by written application to us, which must be approved by us. By giving you written notice we may reduce your Credit Line from time to time or, with good cause, revoke your card and terminate this Agreement. Good cause includes your failure to comply with this Agreement or our adverse reevaluation of your creditworthinesscredit- worthiness. You may also terminate this Agreement at any time, but termination by either of us does not affect your obligation to pay the account balance. The cards remain our property, and you must recover and surrender to us all cards upon our request and upon termination of this Agreement.

Appears in 1 contract

Samples: www.massmutualfcuhb.org

Credit Line. If we approve your application, we will establish a self self-replenishing Line line of Credit credit for you and notify you of its amount when we issue the card. You agree not to let the account balance exceed this approved Credit Linecredit line. Each payment you make on the account will restore your Credit Line credit line by the amount of the payment which is applied to the principal. You may request an increase in the amount of your Credit Line only credit line by written application or oral communication to us, which . It must be approved by usour loan office. By giving you written notice notice, we may reduce your Credit Line credit line from time to time ortime, or with good cause, revoke your card and terminate this Agreementagreement. Good cause includes your failure to comply with this Agreement the agreement, or our adverse reevaluation of your creditworthinesscredit worthiness. You may also terminate this Agreement agreement at any time, but termination by either of us does not affect your obligation to pay the account balance. The cards remain our property, property and you must recover and surrender to us all cards and any unused convenience checks upon our request and upon termination of this Agreementagreement.

Appears in 1 contract

Samples: Visa Agreement

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Credit Line. If we approve your application, we will establish a self self-replenishing Line of Credit for you and notify you of its amount when we issue the cardCard. You agree not to let the account balance exceed this approved Credit Line. Each payment you make on the account will restore your Credit Line by the amount of the payment payment, which is applied to principal. You may request an increase in your Credit Line only by written application to us, which must be approved by usour credit committee or loan officer. By giving you written notice we our credit committee may reduce your Credit Line from time to time ortime, or with good cause, revoke your card Card and terminate this Agreement. Good cause includes your failure to comply with this Agreement agreement or our adverse reevaluation of your creditworthinesscredit worthiness. You may also terminate this Agreement at any time, but termination by either of us does not affect atfect your obligation to pay the account balance. The cards Cards remain our property, property and you must recover and surrender to us all cards Cards upon our request and upon termination of this Agreement.

Appears in 1 contract

Samples: Agreement

Credit Line. If we approve your the application, we will establish a self self-replenishing Line of Credit for you and notify you the Business of its amount when we issue the cardCard. You agree not to let the account Account balance exceed this approved Credit Linecredit line. Each payment you make made on the account Account will restore your Credit Line credit line by the amount of the payment which is applied to principalthe principal balance owed on the Account. You The Business may request an increase in your Credit Line only by written application to us, the credit line which must be approved by us. By giving you written notice notice, we may reduce your Credit Line the credit line from time to time ortime, or with good cause, revoke your card the Card and terminate this Agreement. Good cause includes your failure to comply with this Agreement Agreement, or our adverse reevaluation of your creditworthinesscredit worthiness. You The Business may also terminate this Agreement at any time, but termination by either of us does not affect your the obligation to pay the account Account balance. The cards remain Card remains our property, property and you must recover and surrender to us all cards Cards, and any issued but unused Visa Convenience Checks, upon our request and upon termination of this Agreement.

Appears in 1 contract

Samples: www.717cu.com

Credit Line. If we approve your application, we will establish a self self-replenishing Line of Credit for you and notify you of its amount when we issue the cardCard. You agree not to let the account Account balance exceed this approved Credit Line. Each payment you make on the account Account will restore your Credit Line by the amount of the payment which is applied to principal. You may request an increase in your Credit Line only by written application to us, or by telephone at 000- 000-0000 or 0-000-000-0000, which must be approved by usa loan officer. By giving you written notice notice, we may reduce your Credit Line from time to time or, with good cause, revoke your card Card and terminate this Agreement. Good cause includes your failure to comply with this Agreement or our adverse reevaluation of your creditworthinesscredit worthiness. You may also terminate this Agreement at any time, but termination by either of you or us does not affect your obligation to pay the account Account balance. The cards Cards remain our property, and you must recover and surrender to surrenderto us all cards Cards upon our request and upon termination of this Agreement.

Appears in 1 contract

Samples: www.mymax.com

Credit Line. If we approve your application, we will establish a self self-replenishing Line of Credit for you and notify you of its amount when we issue the card. You agree not to let the account balance exceed this approved Credit Line. Each payment you make on the account will restore your Credit Line by the amount of the payment which is applied to principal. You may request an increase in your Credit Line only by electronic or written application to us, which must be approved by usa loan officer. By giving you written notice we notice, a loan officer may reduce your Credit Line from time to time ortime, or with good cause, revoke your card and terminate this Agreement. Good cause includes your failure to comply with this Agreement Agreement, or our adverse reevaluation of your creditworthinesscredit-worthiness. You may also terminate this Agreement at any time, but termination by either of us does not affect your obligation to pay the account balance. The cards remain our property, property and you must recover and surrender to us all cards upon our request and upon termination of this Agreement.

Appears in 1 contract

Samples: Credit Card Agreement

Credit Line. If we approve your application, we will establish a self self-replenishing Line of Credit for you and notify you of its amount when we issue the cardCard. You agree not to let the account Account balance exceed this approved Credit Linecredit line. Each payment you make on the account Account will restore your Credit Line credit line by the amount of the payment which is applied to principalthe principal balance owed on the Account. You may request an increase in your Credit Line only by written application to us, credit line which must be approved by us. By giving you written notice notice, we may reduce your Credit Line credit line from time to time ortime, or with good cause, revoke your card Card and terminate this Agreement. Good cause includes your failure to comply with this Agreement Agreement, or our adverse reevaluation of your creditworthinesscredit worthiness. You may also terminate this Agreement at any time, but termination by either of us does not affect your obligation to pay the account Account balance. The cards remain Card remains our property, property and you must recover and surrender to us all cards Cards, and any issued but unused Visa Convenience Checks, upon our request and upon termination of this Agreement.

Appears in 1 contract

Samples: www.717cu.com

Credit Line. If we approve your application, we will establish a self replenishing replen- ishing Line of Credit for you and notify you of its amount when we issue the card. You agree not to let the account balance exceed this approved Credit Line. Each payment you make on the account will restore your Credit Line by the amount of the payment which is applied to principal. You may request an increase in your Credit Line only by written application to us, which must be approved by us. By giving you written notice no- xxxx we may reduce your Credit Line from time to time or, with good cause, revoke your card and terminate this Agreement. Good cause includes your failure to comply with this Agreement or our adverse reevaluation of your creditworthiness. You may also terminate this Agreement at any time, but termination by either of us does not affect your obligation to pay the account balance. The cards remain our property, and you must recover and surrender to us all cards upon our request re- quest and upon termination of this Agreement.

Appears in 1 contract

Samples: www.brewerfcu.org

Credit Line. If we approve your application, we will establish a self self-replenishing Line of Credit for you and notify you of its amount when we issue the card. You agree not to let the account balance exceed this approved Credit Line. Each payment you make on the account will restore your Credit Line by the amount of the payment which is applied to principal. You may request an increase in your Credit Line only by written application to us, which must be approved by usour credit committee or loan officer. By giving you a 15 day written notice we the credit union may reduce your Credit Line from time to time ortime, or with good cause, revoke your card and terminate this Agreement. Good cause includes your failure to comply with this Agreement Agreement, or our adverse reevaluation of your creditworthinesscredit-worthiness. You may also terminate this Agreement at any time, but termination by either of us does not affect your obligation to pay the account balance. The cards remain our property, property and you must recover and surrender to us all cards upon our request and upon termination of this Agreement.

Appears in 1 contract

Samples: omahadouglasfcu.org

Credit Line. If we approve your application, we will establish a self self-replenishing Line of Credit (also referred to as Credit Line) for you and notify you of its amount your credit limit when we issue the card. You agree not to let the account balance exceed this approved Credit Linelimit. Each payment you make on the account will restore your Credit Line by the amount of the payment which is applied to principal. You may request an increase in your Credit Line only credit line by written or verbal application to us, which must be approved is subject to approval by us. By giving you written notice we our credit credit committee may reduce your Credit Line from time to time ortime, or with good cause, revoke your card and terminate this the Agreement. Good cause includes your failure to comply with this Agreement agreement, or our adverse reevaluation of your creditworthiness. You may also terminate this Agreement at any time, but however termination by either of you or us does not affect your obligation to pay the account balance. The cards remain our property, property and you must recover and surrender to us all cards upon our request and upon termination of this Agreement.

Appears in 1 contract

Samples: www.signaturefcu.org

Credit Line. If we approve your application, we will establish a self self-replenishing Line of Credit for you and notify you of its amount when we issue the cardCard. You agree not to let the account balance exceed this approved Credit Line. Each payment you make on the account will restore your Credit Line by the amount of the payment which is applied to principal. You may request an increase in your Credit Line only by written application to us, which must be approved by usapproved. By giving you written notice we may reduce your Credit Line from time to time ortime, or with good cause, revoke your card Card and terminate this Agreement. Good cause includes your failure to comply with this Agreement Agreement, or our adverse reevaluation re-evaluation of your creditworthinesscredit-worthiness. We may also cancel your credit limit without written notice, if there are no transactions on your account in the preceding 24 months. You may also terminate this Agreement at any timeanytime, but termination by either of us does not affect your obligation to pay the account balance. The cards Cards remain our property, property and you must recover and surrender to us all cards Cards upon our request and upon termination of this Agreement.

Appears in 1 contract

Samples: www.mazuma.org

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