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 Desjardins and indicated on the document to which your card is attached at the time of receipt and on your account statement. Either limit may be increased, at Desjardins’ discretion. In compliance with the regulations in effect, any cash advance, cheque or regular purchase that results in your credit limit being exceeded may be temporarily authorized by Desjardins, without any obligation on its part, and cannot, in any case, be regarded as a request to increase your credit limit, nor can it result in such an increase of your credit limit. upon request from the cardholder, or decreased if Desjardins 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 in no way be regarded as a request to increase the credit limit. In compliance with the regulations in effect, any cash advance, cheque or regular purchase that results in your credit limit being exceeded may be temporarily authorized by Desjardins, without any obligation on its part, and cannot, in any case, be regarded as a request to increase your credit limit, nor can it result in such an increase of your credit limit..

Appears in 1 contract

Sources: Open Credit Contract

Maximum Credit Amount. Any use of credit established in Section 2 is subject to a credit limit, which is determined by Desjardins ▇▇▇▇▇▇▇▇▇▇ and indicated on the document to which your card is attached at the time of receipt and on your account statement. Either limit may be increased, at Desjardins▇▇▇▇▇▇▇▇▇▇’ discretion. In compliance with the regulations in effect, any cash advance, cheque or regular purchase that results in your credit limit being exceeded may be temporarily authorized by Desjardins▇▇▇▇▇▇▇▇▇▇, without any obligation on its part, and cannot, in any case, be regarded as a request to increase your credit limit, nor can it result in such an increase of your credit limit. upon request from the cardholder, or decreased if Desjardins ▇▇▇▇▇▇▇▇▇▇ 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 in no way be regarded as a request to increase the credit limit. In compliance with the regulations in effect, any cash advance, cheque or regular purchase that results in your credit limit being exceeded may be temporarily authorized by Desjardins, without any obligation on its part, and cannot, in any case, be regarded as a request to increase your credit limit, nor can it result in such an increase of your credit limit..

Appears in 1 contract

Sources: Open Credit Contract