Corporate Limit definition

Corporate Limit means the amount as specified by DBS from time to time up to which the total of the Outstanding Balances on all Card Accounts may reach before DBS refuses to authorise or approve any further Card Transaction on any Card Account.
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Examples of Corporate Limit in a sentence

  • Notwithstanding any Corporate Limit that may be set or imposed, DBS may in its absolute discretion authorise or allow any Card Transaction even though the total of the Outstanding Balances on all Card Accounts has exceeded or would as a consequence exceed the Corporate Limit or refuse to authorise or approve any Card Transaction even though the Corporate Limit has not been and would not be exceeded if such Card Transaction had been effected.

  • Notwithstanding any Corporate Limit that may be set or imposed, DBS may in its absolute discretion authorise or allow any Card Transaction even though the total of the Outstanding Balances on all Card ACcounts has exceeded or would as a consequence exceed the Corporate Limit or refuse to authorise or approve any Card Transaction even though the Corporate Limit has not been and would not be exceeded if such Card Transaction had been effected.

  • The amount specified in item 4 of the Schedule being made up of the Management Liability Limit of Liability, Corporate Limit of Liability, PTL Limit of Liability, EPL Limit of Liability and/or Crime Limit of Liability as applicable and depending on which coverages are shown as purchased on the Schedule.