Common use of Credit Line Clause in Contracts

Credit Line. This Agreement will constitute a revolving line of credit account (credit line). We will advise you of your approved credit line. We may increase or decrease your credit line at any time for any reason including based on changes in your credit qualification and any credit reports. Your approved credit limit is the maximum amount you may have outstanding at any one time. You agree not to attempt to obtain more credit than the amount of your credit line. However, if you temporarily exceed your credit line, you agree to pay any overlimit fees and repay the excess immediately, even if we have not yet billed you. Obtaining such credit does not increase your credit line. Any increase or reduction on the limit of your credit line will be shown on your monthly statement or by separate notice together with any changes in the applicable minimum monthly payments. Your eligibility for this credit line is determined by our loan policy and may be terminated at our sole discretion, without demand or notice. You may close your credit line at any time by notifying us in writing and returning all Cards cut in half. If you terminate this Agreement or if we terminate or suspend your credit privileges, your liability will remain in full force and effect until you have paid us all sums due us and returned all Cards.

Appears in 4 contracts

Samples: Credit Card Agreement, Credit Card Agreement, Credit Card Agreement

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Credit Line. This Agreement will constitute Your Account is a revolving line of credit account (line in the amount of your credit line)limit. We will advise you of your approved credit line. We may increase or decrease the amount of your credit line at any time for any reason including based on changes in your credit qualification and any credit reportslimit. Your approved credit limit is will be the maximum amount you may have outstanding at any one timetime under your credit line. You agree not to attempt to obtain more credit than the amount of your credit linelimit. However, if you temporarily exceed your credit linelimit, you agree to pay any overlimit fees and repay the excess immediately, even if we have not yet billed you. Obtaining such credit does not increase your credit linelimit. We retain the right to increase or decrease your credit limit at any time for any reason. Any increase or reduction on the limit of your credit line limit will be shown on your monthly statement or by separate notice together with any changes in the applicable minimum monthly payments. Your eligibility for this credit line is determined by our loan policy and may be terminated at our sole discretion, without demand or notice. You may close your credit line at any time by notifying us in writing and returning all Cards cut in half. If you terminate this Agreement or if we terminate or suspend your credit privileges, the provisions of the Agreement and your liability will hereunder shall otherwise remain in full force and effect until you have paid us all sums due us under this Agreement and returned all Cards.

Appears in 4 contracts

Samples: www.bannerbank.com, www.bannerbank.com, uat.bannerbank.com

Credit Line. This Agreement will constitute Your Account is a revolving line of credit account (in the amount of your credit line)limit. We will advise you of your approved credit line. We may increase or decrease the amount of your credit line at any time for any reason including based on changes in your credit qualification and any credit reportslimit. Your approved credit limit is will be the maximum amount you may have outstanding at any one timetime under your credit line. You agree not to attempt to obtain more credit than the amount of your credit linelimit. However, if you temporarily exceed your credit linelimit, you agree to pay any overlimit fees and repay the excess immediately, even if we have not yet billed you. Obtaining such credit does not increase your credit linelimit. We retain the right to increase or decrease your credit limit at any time for any reason. Any increase or reduction on the limit of your credit line will be shown on your monthly statement or by separate notice together with any changes in the applicable minimum monthly payments. Your eligibility for this credit line is determined by our loan policy and may be terminated at our sole discretion, without demand or notice. You may close your credit line at any time by notifying us in writing and returning all Cards cut in half. If you terminate this Agreement or if we terminate or suspend your credit privileges, the provisions of the Agreement and your liability will hereunder shall otherwise remain in full force and effect until you have paid us all sums due us under this Agreement and returned all Cards.

Appears in 3 contracts

Samples: Credit Card Agreement, Credit Card Agreement, Credit Card Agreement

Credit Line. This Agreement will constitute a revolving line of credit account (credit line). We will advise you of your approved credit line. We may increase or decrease your credit line at any time for any reason including based on changes in your credit qualification and any credit reports. Your approved credit limit is the maximum amount you may have outstanding at any one time. You agree not to attempt to obtain more credit than the amount of your credit line. However, if you temporarily exceed your credit line, you agree to pay any overlimit fees and repay the excess immediately, even if we have not yet billed you. Obtaining such credit does not increase your credit line. Any increase or reduction on the limit of your credit line will be shown on your monthly statement or by separate notice together with any changes in the applicable minimum monthly payments. Your eligibility for this credit line is determined by our loan policy and may be terminated at our sole discretion, without demand or notice. You may close your credit line at any time by notifying us in writing and returning all Cards cut in half. If you terminate this Agreement or if we terminate or suspend your credit privileges, your liability will remain in full force and effect until you have paid us all sums due us and returned all Cards.

Appears in 2 contracts

Samples: Credit Card Agreement, Credit Card Agreement

Credit Line. This If we approve your application, this Agreement will constitute a revolving line of credit account (credit line)for an amount which will be the Credit Line under your Account. We will advise you of the amount of your approved credit lineCredit Line. We may increase or decrease your credit line at any time for any reason including based on changes in your credit qualification and any credit reports. Your approved credit limit is That amount will be the maximum amount you may have outstanding at any one time. You agree not to attempt to obtain more credit than the amount of your credit lineCredit Line. However, if you temporarily exceed your credit lineCredit Line, you agree to pay any overlimit fees and repay the excess immediately, even if we have not yet billed you. Obtaining such credit does not increase your credit lineCredit Line. We retain the right to increase or decrease your Credit Line at any time. Any increase in- crease or reduction on in the limit amount of your credit line Credit Line will be shown on your monthly statement or by separate notice together with any changes in the applicable minimum monthly paymentsMinimum Monthly Payments. Your eligibility for this credit line Credit Line is determined by our loan policy and may be terminated at our sole discretion, without demand or notice. You may close your credit line Credit Line at any time by notifying us in writing and returning all Cards cut in half. If you terminate this Agreement or if we terminate or suspend your credit privileges, the provisions of this Agreement and your liability will hereunder shall otherwise remain in full force and effect until you have paid us all sums due us under this Agreement and returned all Cards.

Appears in 2 contracts

Samples: Account Agreement, Account Agreement

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Credit Line. This Agreement will constitute Your Account is a revolving line of credit account (line in the amount of your credit line)limit. We will advise you of your approved credit line. We may increase or decrease the amount of your credit line at any time for any reason including based on changes in your credit qualification and any credit reportslimit. Your approved credit limit is will be the maximum amount you may have outstanding at any one timetime under your credit line. You agree not to attempt to obtain more credit than the amount of your credit linelimit. However, if you temporarily exceed your credit line, limit you agree to pay any overlimit fees and repay the excess immediately, even if we have not yet billed you. Obtaining such credit does not increase your credit linelimit. We retain the right to increase or decrease your credit limit at any time for any reason. Any increase or reduction on the limit of your credit line limit will be shown on your monthly statement or by separate notice together with any changes in the applicable minimum monthly paymentsayments. Your eligibility for this credit line is determined by our loan policy and may be terminated at our sole discretion, without demand or notice. You may close your credit line at any time by notifying us in writing and returning all Cards cut in half. If you terminate this Agreement or if we terminate or suspend your credit privileges, the provisions of the Agreement and your liability will hereunder shall otherwise remain in full force and effect until you have paid us all sums due us under this Agreement and returned all Cards.

Appears in 2 contracts

Samples: www.islandersbank.com, www.islandersbank.com

Credit Line. This If we approve your application, this Agreement will constitute a revolving line of credit account (credit line)for an amount which will be the Credit Line under your Account. We will advise you of the amount of your approved credit lineCredit Line. We may increase or decrease your credit line at any time for any reason including based on changes in your credit qualification and any credit reports. Your approved credit limit is That amount will be the maximum amount you may have outstanding at any one time. You agree not to attempt to obtain more credit than the amount of your credit lineCredit Line. However, if you temporarily exceed your credit lineCredit Line, you agree to pay any overlimit fees and repay the excess immediately, even if we have not yet billed you. Obtaining such credit does not increase your credit lineCredit Line. We retain the right to increase or decrease your Credit Line at any time. Any increase or reduction on in the limit amount of your credit line Credit Line will be shown on your monthly statement or by separate notice together with any changes in the applicable minimum monthly paymentsMinimum Monthly Payments. Your eligibility for this credit line Credit Line is determined by our loan policy and may be terminated at our sole discretion, without demand or notice. You may close your credit line Credit Line at any time by notifying us in writing and returning all Cards cut in half. If you terminate this Agreement or if we terminate or suspend your credit privileges, the provisions of this Agreement and your liability will hereunder shall otherwise remain in full force and effect until you have paid us all sums due us under this Agreement and returned ret urned all Cards.

Appears in 1 contract

Samples: Account Agreement

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