Customer Limit definition
Examples of Customer Limit in a sentence
As specified in a Customer Limit Advice issued in respect of the relevant Customer.
Any Approval of such a Debt shall not imply that we have agreed a Customer Limit in respect of that Customer.
The Bank has the authority to lower the Credit Card and/or Customer Limit of the Credit Card Holder.
Where any Notified Debt is not denominated in the same currency as the Credit Cover Limit, such Debt may be notionally converted into the currency of the Credit Cover Limit (at such exchange rate determined by the Bank from time to time or as otherwise advised in the Customer Limit Advice) for determining whether such Debt or other Notified Debt owing by that Customer is within the Credit Cover Limit or not.
Each Offer Letter (including any supplemental letter(s) and schedule(s) thereof) and each Customer Limit Advice issued by the Bank to the Client from time to time shall supplement this Invoice Discounting / Factoring Agreement and accordingly this Invoice Discounting / Factoring Agreement together with the Offer Letter shall constitute one single agreement between the Bank and the Client with respect to the debts purchase services.
Capitalised terms defined in the Credit Agreement have that same meaning in this Customer Limit Advice.
Customer Limit: The maximum amount the Customer can use for shopping and cash withdrawal transactions with all main cards and supplementary card issued with different card numbers.
The Customer shall not transact in breach of any Customer Limit without our prior written approval (to be given in our sole and absolute discretion).
We have the right to ask you for additional confirmation for execution of the Payment Order from the moment any Customer Limit is breached but shall not be obliged to do so.
Customer Limit means, without obligation to the Purchaser, the maximum Receivables Balance that the Purchaser may be prepared to purchase at any time as set forth in the relevant Schedule 1 for a Customer.