Spending Limit Clause Samples
A Spending Limit clause sets a maximum amount that can be spent under a contract or agreement. It typically specifies a dollar cap on expenditures, either for the entire contract term or for specific categories of costs, and may require prior approval for any spending above this threshold. This clause helps control costs and prevents unauthorized or excessive spending, ensuring that both parties have clear expectations regarding financial commitments.
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Spending Limit. At grant start, grantees are authorized to spend 50% of granted funds.
Spending Limit. We may set a spending limit in Singapore Dollar in relation to your Card Account, which we may vary without notice (“Spending Limit”). The Spending Limit will apply to all Point of Sale (whether effected via signature and/or PIN) and/or Card-Not-Present (including internet purchases and mail/telephone orders) transactions. We may set different spending limits for signature-based Card transactions, PIN- based Card transactions and Card-Not-Present transactions. The Spending Limit set will apply to both your spending in Singapore Dollar and foreign currency if your Card is allowed by us to be tagged to a Multi-Currency Account permitted for use in any and/or all foreign currency funds in the Multi- Currency Account. Where the Spending Limit is to apply to transaction made in both Singapore Dollar and foreign currency, the available Spending Limit shall be at the Singapore Dollar equivalent to that Singapore Dollar and foreign currency at the prevailing exchange rate on the day the spending in foreign currency is made.
Spending Limit. Prior to activating your Account, ▇▇▇▇▇▇ may establish a Spending Limit, and where desired, Card limits. Jeeves may also establish limitations on the types of merchants with whom Users may enter into Card Transactions, or other authorization controls as the Issuer Platform permits. We may establish and adjust the Spending Limit or Card limit for your Account, Cards or Charges at our sole discretion at any time. Charges will reduce the total Spending Limit and any Charges in excess of the Spending Limit will be declined. We may restrict the maximum amount of any particular Charge and the number of Charges allowed for your Account or Cards, or both.
Spending Limit. We may set a Spending Limit in relation to your Debit Card Account and Credit Card Account, which we may vary without notice. The Spending Limit will apply to all Point of Sale (whether effected via signature and/or PIN) and/or Card-Not-Present (including internet purchases, mail/telephone orders) transactions. We may set different Spending Limits for signature-based Debit Transactions, Credit Transactions, PIN-based Debit Transactions and Card-Not-Present Transactions.
Spending Limit. We may impose a Spending Limit on all Point of Sale (whether effected via signature and/or PIN) transactions. Different spending limits may apply for Card based transactions or PIN based transactions. We reserve the right to change the Spending Limit without prior consent from you but we will give you prior notice if we do so. Please check with the Bank whether your card comes with a Spending Limit.
Spending Limit. A telecommunications operator or a customer may set a reasonable spending limit in euros for a telephone subscription in accordance with the telecommunications operator’s service offering. The spend- ing limit can be set free of charge. When the telecommunications operator learns that the spending limit has been exceeded, it notifies the user of this for instance by text message and gives instructions on how the user can prevent the use of its subscription from being restricted. After this, the telecommunications operator will restrict the use of the subscription. The customer is liable for all costs exceeding the spending limit until the telecommunications operator restricts the use of the subscription. However, the customer may be discharged from the liability pursuant to Section 4.3 (Unlawful use of a communications service). More detailed information on the spending limit is included in the service- specific terms and conditions of the telecommunications operator.
Spending Limit. We may impose a limit on the Card at any time with or without notice to you, based on our reasonable assessment of the credit risks associated with your Card Account, including but not limited to your account status, payment records and information available to us from credit reference agencies.
Spending Limit. We may impose limits on individual transaction amounts, ATM withdrawal amounts, and daily or weekly spending limits on your Card (“Spending Limits”). Your Spending Limits are subject to periodic review and to change based on your Card history, transaction activity, information from your Checking Account or Savings Account, and other factors. ATM operators may impose their own limits on cash withdrawals. You can review your Spending Limits in the Mercury App.
Spending Limit. We shall not incur expenses exceeding £50 on any item or related series of items in a single month without obtaining your prior written consent.
Spending Limit. 14.1 We reserve the right to impose spending limits on your Services based on your usage, spending and/or bill settlement habits, as we deem reasonable. We advise you to regularly check and manage your usage to avoid bill shock.
14.2 Once you reach your spending limit, we may at our discretion restrict and/or suspend our Services to you including but not limited to bar you from making any further calls or receiving data, restricting your ability to procure further Services, until we have received payment in respect of all outstanding charges, irrespective of whether the charges have been billed or are due.
14.3 You may exceed your spending limit in certain circumstances, as our restrictions on your spending limit may not be imposed on:
14.3.1 roaming services, as we receive call and service details from third party operators within one (1) to thirty (30) days from the date the service is used. We advise customers to visit our website to find out about current Charges for roaming services. To avoid unexpected Charges, we caution you to turn off roaming services on your mobile device when travelling abroad unless you intend to use the service; and
14.3.2 data charges, as such Charges are billed after the conclusion of a session and therefore such Charges may exceed your spending limit.
14.4 You may request to alter your spending limit. Any such request will be subject to review and acceptance by us. We will endeavour to provide you with a response within five (5) Working Days of receiving your enquiry.
14.5 We reserve the right to change your spending limit as we see reasonable. We will not be liable for any loss you may suffer due to restrictions imposed by us once you reach your spending limit.
14.6 A spending limit does not relieve you from your obligations to pay amounts or Charges for services exceeding that limit which are due and payable, nor does it constitute a waiver of our right to suspend, disconnect, or terminate the Service due to non- payment of any sums due or payable.