Common use of Credit Line Clause in Contracts

Credit Line. If your application is approved by us, this Agreement will constitute a revolving line of credit for an amount which will be the Credit Line under your Account. We will advise you of the amount of your Credit Line. 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 Line. However, if you temporarily exceed your Credit Line, you agree to repay the excess immediately, even if we have not yet billed you. Obtaining such credit does not increase your Credit Line at any time. Any increase or reduction in the amount 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 this Agreement and your liability 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

Sources: Visa Credit Card Account Agreement, Visa Credit Card Account Agreement, Visa Credit Card Account Agreement

Credit Line. If your application is approved by us, this This Agreement will constitute a revolving line of credit for an amount amount, which will be the Credit Line credit line under your Account. You may access your credit line through Card purchases, cash advances at participating merchants and loan checks. We will advise you of the amount of your Credit Linecredit line on your statement. 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 We retain the right to increase or decrease your Credit Line, you agree to repay the excess immediately, even if we have not yet billed you. Obtaining such credit does not increase your Credit Line line at any timetime for any reason. Any increase or reduction in on the amount limit 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 OnPoint in writing and returning all Cards cut in half. If you terminate this Agreement, Agreement or if we terminate or suspend your credit privileges, the provisions of this Agreement and your liability hereunder shall otherwise remain in full force and effect until you have paid us OnPoint all sums due us OnPoint under this Agreement and returned all Cards.

Appears in 3 contracts

Sources: Visa Credit Card Agreement, Visa Credit Card Agreement, Credit Card Agreement

Credit Line. If your application is approved by us, this This Agreement will constitute a revolving line of credit for an amount which will be the Credit Line credit line under your Account. You may access your credit line through Card purchases, cash advances, balance transfers and loan checks. We will advise you of the amount of your Credit Linecredit line on your statement. 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 We retain the right to increase or decrease your Credit Line, you agree to repay the excess immediately, even if we have not yet billed you. Obtaining such credit does not increase your Credit Line line at any timetime for any reason. Any increase or reduction in on the amount limit 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 the Credit Union in writing and returning all Cards cut in half. If you terminate this Agreement, Agreement or if we terminate or suspend your credit privileges, the provisions of this Agreement and your liability hereunder shall otherwise remain in full force and effect until you have paid us the Credit Union all sums due us under this Agreement and returned all Cards.

Appears in 2 contracts

Sources: Credit Card Agreement, Credit Card Agreement

Credit Line. If your application is approved by us, this This Agreement will constitute a revolving line of credit for an amount which will be the Credit Line credit line under your Account. You may access your credit line through card purchases, cash advances at participating merchants, loan checks and balance transfers. We will advise you of the amount of your Credit Linecredit line on your statement. 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 We retain the right to increase or decrease your Credit Line, you agree to repay the excess immediately, even if we have not yet billed you. Obtaining such credit does not increase your Credit Line line at any timetime for any reason. Any increase or reduction in on the amount limit 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 halfwriting. If you terminate this Agreement, Agreement or if we terminate or suspend your credit privileges, the provisions of this Agreement and your liability hereunder shall otherwise remain in full force and effect until you have paid us all sums due us under this Agreement and returned all CardsAgreement.

Appears in 2 contracts

Sources: Credit Card Agreement, Visa Credit Card Agreement

Credit Line. If we approve your application is approved by usapplication, this Agreement will constitute a revolving line of credit for an amount which will be the Credit Line under your Account. We will advise you of the amount of your Credit Line. 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 Line. However, if you temporarily exceed your Credit Line, you agree to repay the excess immediately, even if we have not yet billed you. Obtaining such credit does not increase your Credit Line. We retain the right to increase or decrease your Credit Line at any time. Any increase or reduction in the amount 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 halfwriting. If you terminate this Agreement, Agreement or if we terminate or suspend your credit privileges, the provisions of this Agreement and your liability 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

Sources: Credit Card Account Agreement, Visa Credit Card Account Agreement

Credit Line. If we approve your application is approved by usapplication, this Agreement will constitute a revolving line of credit for an amount amount, which will be the Credit Line under your Account. We will advise you of the amount of your Credit Line. 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 If you temporarily exceed your Credit Linecredit line, you agree to pay any over-limit fees and repay the excess immediately, even if we have not yet billed you. Obtaining such credit does not increase your Credit Line. We retain the right to increase or decrease your Credit Line at any time. Any increase or reduction in the amount 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 halfwriting. If you terminate this Agreement, Agreement or if we terminate or suspend your credit privileges, the provisions of this Agreement and your liability 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 1 contract

Sources: Business Credit Card Agreement

Credit Line. If your application is approved by us, this This Agreement will constitute a revolving line of credit for an amount which will be the Credit Line credit line under your Account. You may access your credit line through VISA Credit Card purchases, cash advances at participating merchants and loan checks. We will advise you of the amount of your Credit Linecredit line on your statement. 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 We retain the right to increase or decrease your Credit Line, you agree to repay the excess immediately, even if we have not yet billed you. Obtaining such credit does not increase your Credit Line line at any timetime for any reason. Any increase or reduction in on the amount limit 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, Agreement or if we terminate or suspend your credit privileges, the provisions of this Agreement and your liability 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 1 contract

Sources: Visa Credit Card Agreement