Credit Limit definition

Credit Limit means the total dollar amount of the Account which we approved and which you may borrow against according to the terms of this Agreement.
Credit Limit. As to any Mortgage Loan, the maximum principal balance permitted under the terms of the related Credit Line Agreement.
Credit Limit means the limit imposed by Maybank against the Cardmember for the use of the Credit Card;

Examples of Credit Limit in a sentence

  • The Companies must provide the rationale for their determination of the Credit Limit and any resulting security requirement.

  • There may also be not more than the Credit Limit, and a limit on the amount you can withdraw from ATMs in ● the cash advance balance (including fees and a given period.

  • Credit limit and cash advance We assign a Credit Limit to the Account.

  • The Credit Limit and Cash Advance interest) is not more than the Cash Advance Limit.

  • We may not approve a person-to-person transaction if it would cause your Account to exceed the person-to- person transaction limit or your Credit Limit.


More Definitions of Credit Limit

Credit Limit means the maximum Asset Balance for each Mortgage Loan permitted under the terms of the related Credit Line Agreement.
Credit Limit means the minimum debit balance permitted by the Bank for the Card Account for the Primary and the Supplementary/Additional Card(s), if any, and notified to the Primary Cardholder from time to time.
Credit Limit means the maximum amount that you are allowed to have outstanding on your Account at any time, as detailed on your monthly credit card statement.
Credit Limit means, with respect to each HELOC, the maximum amount permitted under the terms of the related Credit Line Agreement.
Credit Limit. As to any HELOC Mortgage Loan, the maximum principal balance permitted under the terms of the related Credit Line Agreement.
Credit Limit in relation to any Card Account means the amount as specified by DBS from time to time up to which the Outstanding Balance on that Card Account may reach before DBS refuses to authorise or approve any further Card Transactions on that Card Account.
Credit Limit. Means the maximum dollar amount of credit that Bank has authorized for your Account.