Revolve definition

Revolve means the option provided to You by the Merchant/ Financial Institution, whereby You can extend Your Repayment Schedule by paying a nominal amount (as may be communicated to You) to the Merchant/ Financial Institution.“Services” shall mean and include the technology platform offered by OFS that enables a User to connect with the Merchant/ Financial Institution to avail of the Facility and to make payment through the Payment Systems for Transactions undertaken by the User for the purchase of products/ services of the Merchant;
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Examples of Revolve in a sentence

  • Amounts over your Revolve Line may be referred to as a non-revolving line.

  • The Revolve Line is the maximum amount upon which you may defer payment on your account, subject to the minimum required payment that must always be paid on time.

  • If our approval is granted, your available Revolve Line will temporarily be reduced by the amount authorized by us.

  • Upon confirmation of collection, we will add any Cash Advances or Purchases repaid to your available Revolve Line; however, in the event of payment by personal or business check, we may delay replenishing your available Revolve Line until your check clears.

  • With no pre-set spending limit, you have the flexibility to make purchases in excess of your stated Revolve Line.

  • Your Revolve Line will also include a separate limit for Cash Advances.

  • We do not have to send a notice of the change if it favors you, such as by reducing rates, increasing the maximum Revolve Line, etc.

  • We will notify you of your Revolve Line for each Credit Card account you have with us, which is the total amount of credit we agree to extend to you at any one time.

  • This means that you may not have access to all or part of the Revolve Line until we have collected the funds by which you have made payment on the account.

  • If we accept a payment from you in excess of your outstanding balance, your available Revolve Line will not be increased by the amount of the overpayment nor will we be required to authorize transactions for an amount in excess of your Revolve Line.

Related to Revolve

  • Revolving Credit Commitments means the aggregate Revolving Credit Commitments of all of the Lenders.

  • Revolving Credit Commitment means, as to each Revolving Credit Lender, its obligation to (a) make Revolving Credit Loans to the Borrower pursuant to Section 2.01(b), (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Revolving Credit Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Revolving Credit Committed Amount has the meaning described in Section 2.1.1 (Revolving Credit Facility).

  • Revolving Credit Commitment Increase has the meaning specified in Section 2.14(a).

  • Unused Revolving Credit Commitments means, at any time, the difference between the Revolving Credit Commitments then in effect and the aggregate outstanding principal amount of Revolving Loans and L/C Obligations.