Common use of Maximum Credit Amount Clause in Contracts

Maximum Credit Amount. Any use of credit established in Section 2 is subject to a credit limit, which is determined by the Federation and indicated on the account statement. Either limit may be increased, at the Federation’s discretion, upon request from the cardholder, or decreased if the Federation deems it appropriate after analyzing the cardholder’s file. Any cash advance, cheque or purchase which results in the applicable credit limit being exceeded shall be regarded as a request to increase the credit limit to the maximum amount that can then be granted to the cardholder, taking into consideration the applicable credit granting standards.

Maximum Credit Amount. Any use of credit established in Section 2 is subject to a credit limit, limit the amount of which is determined by the Federation and indicated on the account statementstatement of account. Either This limit may be increased, increased at the Federation’s discretion, upon if the cardholder makes a request from the cardholderto that effect, or decreased revised downward if the Federation deems it appropriate after analyzing having analyzed the cardholder’s file. Any cash advance, cheque or purchase which results in the applicable credit limit being exceeded shall be regarded as a request to increase the credit limit to the maximum amount that can then be granted to the cardholder, taking into consideration the applicable credit granting standards.

Maximum Credit Amount. Any use of credit established in Section 2 is subject to a credit limit, limit the amount of which is determined by the Federation and indicated on the account statementstatement of account. Either This limit may be increased, increased at the Federation’s discretion, upon if the cardholder makes a request from the cardholderto that effect, or decreased revised downward if the Federation deems it appropriate after analyzing having xxx- lyzed the cardholder’s file. Any cash advance, cheque or purchase which results in the applicable credit limit being exceeded shall be regarded as a request to increase the credit limit to the maximum amount that can then be granted to the cardholder, taking into consideration the applicable credit granting standards.