Common use of Credit Line Clause in Contracts

Credit Line. This Agreement will constitute a revolving line of credit for an amount, which will be the 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 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 line. We retain the right to increase or decrease your credit line 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 OnPoint 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 OnPoint all sums due OnPoint under this Agreement and returned all Cards.

Appears in 3 contracts

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

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Credit Line. This If your application is approved by us, 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 line on your statementCredit 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 line. We retain the right to does not increase or decrease your credit line Credit Line at any time for any reasontime. 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 OnPoint 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 OnPoint us all sums due OnPoint us under this Agreement and returned all Cards.

Appears in 2 contracts

Samples: Account Agreement, Account Agreement

Credit Line. This Agreement will constitute a revolving line of credit for an amount, amount which will be the credit line under your Account. You may access your credit line through Card purchases, cash advances at participating merchants advances, balance transfers and loan checks. We will advise you of the amount of your credit 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 line. We retain the right to increase or decrease your credit line 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 OnPoint the Credit Union 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 OnPoint the Credit Union all sums due OnPoint under this Agreement and returned all Cards.

Appears in 2 contracts

Samples: Mastercard® Agreement, Mastercard® Agreement

Credit Line. This Agreement will constitute a revolving line of credit for an amount, amount which will be the 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 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 line. We retain the right to increase or decrease your credit line 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 OnPoint 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 OnPoint us all sums due OnPoint us under this Agreement and returned all Cards.

Appears in 1 contract

Samples: Card Agreement

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Credit Line. This Agreement will constitute a revolving line of credit for an amount, amount which will be the credit line under your Account. You may access your credit line through Card purchases, cash advances at participating merchants merchants, loan checks and loan checksbalance transfers. We will advise you of the amount of your credit 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 line. We retain the right to increase or decrease your credit line 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 OnPoint us in writing and returning all Cards cut in halfwriting. 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 OnPoint us all sums due OnPoint us under this Agreement and returned all CardsAgreement.

Appears in 1 contract

Samples: Visa Signature Agreement

Credit Line. This If we approve your application, 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 and loan checks. We will advise you of the amount of your credit line on your statementCredit 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. If you temporarily exceed your credit line, you agree to pay any over-limit fees and repay the excess immediately. Obtaining such credit does not increase your Credit Line. We retain the right to increase or decrease your credit line Credit Line at any time for any reasontime. 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 OnPoint us in writing and returning all Cards cut in halfwriting. 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 OnPoint us all sums due OnPoint us under this Agreement and returned all Cards.

Appears in 1 contract

Samples: Credit Card Agreement

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