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 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.

Examples of Credit Line in a sentence

• CNHi Capital, at its sole discretion, may reduce, suspend, otherwise modify or terminate any Dealer’s Wholesale Credit Line and may amend or modify the terms and conditions of financing provided by CNHi Capital.

• List employees who you wish to receive cardsEach employee credit limit can be set to the Total Credit Line Amount.

• This can be accessed by clicking Manage Booking tab then Credit Balance and Agency Credit Line link.

• However, it has availed moratorium for its term loan facilities and also availed Guaranteed Emergency Credit Line Scheme (GECL) of Rs.0.65 crore from another lender not rated by CARE, under COVID-19 relief measures.

• However, bookings of official travels should not be made thru this option as all official travels make use of the Agency Credit Line Payment.

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 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.

Credit Line means the limit imposed by the Bank against the Cardmember for the use of the Card;

Credit Line has the meaning given to it in Recital A.

Credit Line. We will assign you a credit line when we approve your account. We may increase or decrease your credit line at any time and for any reason. We will give you notice of any decrease. You may request that we increase or decrease your credit line, but no new limit will be effective for your account unless we approve it. You promise not to allow your unpaid balance to exceed your credit line. If you request an advance that would cause the balance of your account to exceed your credit line, we have no obligation to make it, but we may do so if we choose. If we do so, you agree to pay us the excess immediately, without demand from us.

Credit Line means the credit facility afforded to the Service Partner on the terms set out in Clause 5.4;