Facility Limit Sample Clauses

Facility Limit. 7.1 The Bank shall assign a Facility Limit to the Card-i Account. Where a Cardholder operates two or more card-i, the Bank may assign separate Facility Limit (sub-limit) to each Card-i which differs from the Facility Limit (sub-limit) assigned to the Organisation and/or Cardholder under Clause 2.1.
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Facility Limit. On the date of and after giving effect to any issuance of Letters of Credit to be made on such date, the Aggregate Revolving Credit Exposure shall not exceed the Facility Limit.
Facility Limit. 1.1 Party A grants Party B a facility limit of Renminbi fifty million only (including the amount equivalent in other currencies, where “the exchange rates applied will be the rates published by Party A at the time each specific service is provided, the same applies hereinafter), which is (please select with “ü”) [ü] revolving facility of Renminbi fifty million only; [ ] one-off facility of . Revolving facility limit means the maximum limitation of the sum of principal balances of credit facilities Party A offers to Party B like continuous, revolving loans, trade financing, discounting bills of exchange, commercial xxxx acceptance, letters of guarantee, legal person account overdraws, domestic factoring etc. One-off credit facility is the amount specified herein which cannot be exceeded during the term of facility by the accumulated amount of all cases of credit granting Party B applies for with Party A case by case. Party B shall not revolve the one-off facility. The amounts corresponding to a number of cases of credit granting applied for by Party B will use the one-off facility until the credit line is reached. “Trade Financing” includes such services as issuance of letter of credit, import xxxx advance, delivery against bank guarantee, import collection xxxx advance, packing loan, export xxxx purchase, export collection xxxx purchase, import/export remittance financing, short-term credit insurance financing, import factoring, export factoring (two-factor non-recourse factoring except that in Party A’s system, the same applies hereinafter) etc.
Facility Limit. The Initial Facility Limit or on any date after the first Payment Date, the Facility Limit shall mean the aggregate outstanding Capital on such date, after giving effect to all payments in respect of principal on or prior to such date.
Facility Limit. The total amount of debt outstanding at any time shall be the aggregate of all borrowings approved by the Corporation in respect of each product specified in the Annexes to this Agreement in accordance with the application process set out in clause 7 of this Agreement, less any amounts that have been cancelled under clause 3.1 or repaid under Products that do not incorporate a capacity to redraw. 5.
Facility Limit. Interest on the Advances will not be capitalised if this would cause the amount of the Loan to exceed the Total Facilities Amount. Accordingly, if on any Interest Capitalisation Date as a result of the application of Clause 4.4 and of Clause 5.2 the aggregate amount of all Advances exceeds (or, if an Interest Capitalisation Advance were made or deemed to be made pursuant to Clause 4.4 the aggregate of all Advances would exceed) the Total Facilities Amount the Borrower shall pay to the Facility Agent for the account of the Lenders by way of a payment of interest the amount of interest which would otherwise have been capitalised by means of such Interest Capitalisation Advance.
Facility Limit. We will give you notice of your Facility Limit and we may change it at any time. We will give you notice of any change to your Facility Limit.
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Facility Limit. 6.1 The Bank shall at its sole discretion specify the Cardmember’s Facility Limit with the Bank for the purposes of this Agreement.
Facility Limit. As of the date hereof, the Facility Limit (presently at $10,000,000) shall be permanently reduced to $6,500,000.
Facility Limit the Facility Limit for the Facility is not, and will not be, exceeded by the provision of that Funding Portion when the Original Dollar Amount of that proposed Funding Portion is added to the Current Dollar Amount of all other outstanding Funding Portions under that Facility; [*] Confidential Treatment Requested
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