Overlimit definition

Overlimit means the amount effected by the use of the Credit Card in excess of the prescribed Credit Limit.
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Overlimit means the amount effected by the use of the Credit Card-i in excess of the prescribed Credit Limit.
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Overlimit or “$ Overlimit” or “% Overlimit” means an Account with a balance in excess of its established credit limit and the dollar amount or percentage by which a Cardholder’s Account balance exceeds its established credit limit. An Overlimit Account has a status code of “O” or “X.” “X” means the Account is both Delinquent and Overlimit.
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Examples of Overlimit in a sentence

  • Overlimit None Account Re-opening $25, if your account is cancelled, you ask us to re-open it, and we do so.

  • Overlimit None Balance Transfer 3% of the transaction, with a minimum of $5.

  • If you want us to authorize these transactions, you can request Overlimit Coverage.

  • Even if you request Overlimit Coverage, in some cases we may still decline a transaction that would cause you to go over your limit, such as if you are past due or significantly over your credit limit.

  • If in Contravention of this provision, the Cardholder exceeds the Credit Limit, then the Cardholder must pay the amount exceeding the Credit Limit in full and the Minimum Amount Due and also in addition an Over-limit Charge prescribed by the Bank.

  • The Receivables consist of Principal Receivables which arise generally from the purchase of goods and services and cash advances and in respect of Periodic Finance Charges, Overlimit Fees, Late Fees, annual membership fees and annual service charges, if any, Cash Advance Fees, transaction charges and all other fees and charges with respect to the Accounts designated by the Seller to be included in Finance Charge Receivables.

  • Sub-Merchant must submit its request at least two (2) banking days prior to the date on which Sub-Merchant wishes to initiate the Entry that otherwise would be an Overlimit Entry.

  • An Overlimit Fee will be charged to your Account when your balance exceeds your credit limit at any time during your monthly statement period.

  • If we decide to honor such a request, we may assess an Overlimit Fee as provided in this Agreement.

  • Overlimit (OVL) amount shall also be included in the MAD in case cash or credit limit is exceeded.


More Definitions of Overlimit

Overlimit means the amount effected by the use of the Credit Card in excess of the prescribed Credit Limit. b. Definitions 2 (xxii) “Retail Transactions” means all purchases of goods or services charged to the Credit Card, excluding Cash Advances, Credit Card Instalment Plans, Balance Transfers, Instalment Payment Plans, other credit plans, fees and charges. b. Definitions 2 (xxiv) “ Statement Balance” means the outstanding amount specified in the Card Statement. c. Usage of Credit Card 5 (c) (ii) The Cardholder is required to comply with the Credit Limit for the Credit Card and; (1) must immediately pay the Bank for any sum used in excess of the Credit Limit (whether formally demanded or not); and Overlimit (if any) to the Bank by the Due Date, or immediately upon the Bank's request, whichever is earlier; and (2) remains liable for all transactions effected through the use of the Credit Card even if the aggregate outstanding balance of the Card Account exceeds the Credit Limit.
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Overlimit means the amount effected by the use of the Credit Card-i in excess of the prescribed Credit Limit. b. Definitions 2 (xxiii) “Retail Transactions” means all purchases of goods or services charged to the Credit Card-i, excluding all Cash Advances, Balance Transfers, Credit Card Instalment Payment Plans,other credit plans, fees and charges. b. Definitions 2 (xxv) “Statement Balance” means the outstanding amount specified in the Card Statement.
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Related to Overlimit

  • Daily Maximum Limit means the maximum allowable discharge of a pollutant during a calendar day. Expressed as units of mass, the daily discharge is cumulative mass discharged over the course of the day. Expressed as a concentration, it is the arithmetic average of all measurements taken that day.

  • Non-Availability Charges has the meaning set forth in the CAISO Tariff.

  • Modification Fees With respect to any Serviced Loan, any and all fees collected from the related Mortgagor with respect to a modification, extension, waiver or amendment that modifies, extends, amends or waives any term of the Loan Documents (as evidenced by a signed writing) agreed to by the Master Servicer or the Special Servicer, other than (a) any Assumption Fees, Consent Fees or assumption application fees and (b) any fee in connection with a defeasance of such Serviced Loan.

  • FX Reserve is defined in Section 2.1.3.

  • Maximum Daily Limit means the maximum allowable "Daily Concentration" (defined above) when expressed as a concentration (e.g. mg/l), otherwise, it means the maximum allowable "Daily Quantity" as defined above, unless it is expressed as a flow quantity. If expressed as a flow quantity it means "Maximum Daily Flow" as defined in Section 22a-430-3(a) of the RCSA.