Arranged overdraft limit definition

Arranged overdraft limit means an overdraft amount we have agreed with you.
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Arranged overdraft limit means the arranged overdraft limit set out in the Facility Letter as such limit may be varied by Us from time to time in accordance with these Terms and Conditions for Arranged Overdrafts;
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Examples of Arranged overdraft limit in a sentence

  • If, by using your Card, you go overdrawn and you do not have an Arranged overdraft or you go over the Arranged overdraft limit and we have not given you permission to do so, you must immediately pay back the amount by which you have gone over the limit.

  • If you already have an Arranged overdraft, you can use your Card to make withdrawals, but you must not go over your Arranged overdraft limit.

  • We will charge you a fee for any items presented for payment when you have gone overdrawn or the amount you have gone over the Arranged overdraft limit.

Related to Arranged overdraft limit

  • Overdraft Facility or ‘Facility’ means an authorised debit balance that may be offered to you at our discretion from time to time allowing your Account to go overdrawn up to an agreed Overdraft Limit.

  • Overdraft Rate means the per annum rate of interest, regardless of compounding frequency, designated by the Financial Institution as its “Overdraft Rate” from time to time.

  • Overdraft Obligations means, with respect to any Portfolio, the amount of any outstanding Overdraft(s) provided by the Custodian to such Portfolio together with all accrued interest thereon.

  • Facility A means the term loan facility made available under this Agreement as described in paragraph (a) of Clause 2.1 (The Facilities).

  • Facility Account means Dairy Group’s Account No. 2000013850892 at Wachovia Bank, National Association (formerly known as First Union National Bank), ABA No. ▇▇▇▇▇▇▇▇▇.