Credit Line definition
Credit Line as defined in Section 2.1.
Credit Line. With respect to a Revolving Credit Loan, the maximum principal amount which may be advanced to a Mortgagor under the terms of the related Mortgage Note.]
Credit Line means a line of credit, established by us and communicated from time to time to you in writing or by such electronic means as may be designated by us to you, granting approval for sales by you, or rendition of services by you to a Customer, billed at a specified location or locations, up to a specified aggregate available amount.
Examples of Credit Line in a sentence
You agree not to let the account balance exceed this approved Credit Line.
We retain the right to increase or decrease your Credit Line at any time.
Neither the Owner Trustee nor the Trust nor the Indenture Trustee assumes the obligation under any Credit Line Agreement that provides for the funding of future advances to the mortgagor under it, and neither the Trust nor the Owner Trustee nor the Indenture Trustee may fund these future advances.
You may close your Credit Line at any time by notifying us in writing and returning all Cards cut in half.
Once you have signed the Card, you can use it to buy or lease goods, services, or insurance wherever the Card is honored, up to the full amount of your Credit Line.
More Definitions of Credit Line
Credit Line means the revolving line of credit established by this Agreement and governed by it and the other Facilities Papers.
Credit Line means the maximum debit balance permitted on your Account, as advised by us.
Credit Line means a discretionary and uncommitted line of credit that the BANK establishes for the BORROWER pursuant to SECTION 2.01 hereof up to the amount referred to therein but which may be terminated in whole or reduced in part pursuant to SECTION 2.02 hereof. This CREDIT LINE shall not be construed as the commitment of the BANK to make any LOAN or extension of credit.
Credit Line has the meaning given to it in Recital A.
Credit Line means a discretionary and uncommitted line of credit which the BANK establishes for the BORROWER pursuant to SECTION 2.01 hereof up to the amount referred to therein but which may be terminated in whole or reduced in part pursuant to SECTION 2.02 hereof. This CREDIT LINE shall not be construed as the commitment of the BANK to make any LOAN or extension of credit.
Credit Line means the maximum debit balance permitted on the Account as determined and notified to the Principal Cardholder by us from time to time.