Credit and Cash Limits Sample Clauses

Credit and Cash Limits. Your Summary of Rates and Fees shows your initial credit limit. We will also set a Cash Limit on your Account. Your statement shows your current credit limit and Cash Limit. We may lower your credit limit and/or Cash Limit at any time without prior notice. Your credit limit and Cash Limit apply to your Account, not individual Cards. Your Cash Limit is not additional credit above your credit limit. The Primary Cardholder is fully responsible for the Account, even if an Authorized User goes over an Authorized User Spending Limit or your Balance goes over the credit limit.
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Credit and Cash Limits. (a) Credit Limit and Available Credit. The Summary of Rates and Fees will indicate your initial Credit Limit. Your monthly statement will indicate your current Credit Limit as well as your Available Credit as of the date of the monthly statement. You can also obtain information about your Credit Limit through Manulife Bank online banking. Your Credit Limit is shared among all Cards on your Credit Card Account. Once a Transaction is authorized, your Available Credit will decrease by the amount authorized, whether or not you receive the goods or services at that time. We may decrease your Credit Limit at any time without prior notice.
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Credit and Cash Limits. Your Summary of Rates and Fees will indicate your initial Credit Limit. We may also set a Cash Limit on your Account which is less than your Credit Limit. Your monthly statement will indicate your Credit Limit, Cash Limit, Available Credit and Available Cash as of the Statement Date. Your Credit Limit is shared among all Cards on your Account. Once a Transaction is authorized, your Available Credit will decrease by the amount authorized, whether or not you receive the goods or services at that time. The Cash Limit amount is not additional credit above your Credit Limit. If a Cash Advance, Convenience Cheque or Balance Transfer would result in your Cash Limit being exceeded, that Transaction may be declined. Partial Transactions will not be processed. We may decrease your Credit Limit and/or Cash Limit at any time without prior notice.
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Credit and Cash Limits. The Bank will assign to each Cardholder a Cardholder’s Credit Limit. The Card Account Credit Limit will be the aggregate amount of all of the Cardholders’ Credit Limits. Cash Limits, the maximum amount of credit that can be accessed via Cash Advance, are a percentage of Cardholder Credit Limits. All Credit and Cash Limits are together called “Limits.” Subject to our right to change Limits at any time, the Credit Limit will appear on the monthly Statement. The Card or Card Account shall not be used in any way that would cause a Cardholder’s Outstanding Balance to exceed (or remain in excess of) that Cardholder’s Credit Limit, or Cash Limit, as applicable, or that would cause the Credit Limit to be exceeded. The named business Account Holder may request a change in a Cardholder’s Credit Limit by writing to the address shown on the monthly Statement, submitting a request to their Branch, or sending a written request directly to the Bankcard Department. When we first send your Card, we will tell you: • The total Credit Limit on your Card Account; and • The portion of this limit you can use for Cash Advances. We may change the Limits from time to time. Whenever this occurs, we will notify you, usually after the fact: • On your billing Statement; or • By sending a notice. You agree to: • Keep your Card Account balance (which includes interest charges, fees and other charges) within your Credit Limit; and • Immediately pay any over-limit amount that might occur. Your available Credit may not reflect your payments for up to ten (10) calendar days. If a transaction exceeds your available Credit, we may decline it. Notwithstanding the Limits, you are liable for all transactions made on the Card Account by any Cardholder, even if they exceed the Limits. If we allow a transaction to post that exceeds the Credit Limit, it does not mean the Credit Limit has been waived or increased.
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Credit and Cash Limits. When we first send your Card, we will tell you:  the total Credit Limit on your Account; and  the portion of this limit you can use for Cash Advances. We may change these limits from time to time. Whenever this occurs, we will notify you:  on your billing Statement; and/or  by sending a notice. You agree to:  keep your Account balance (which includes Finance Charges, fees, and other charges) within your Credit Limit; and  immediately pay any over limit amount that might occur. Your available Credit may not reflect your payments for up to 14 days. If a transaction exceeds your available Credit, we may decline it. You may not make, authorize or allow Purchases or Cash Advances in excess of your available Credit. Notwithstanding such Credit lines, however, you are liable for all Purchases and Cash Advances made on the Account by any Cardholder. We may increase or decrease any Credit Limit and/or Cash Limit from time to time.
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Credit and Cash Limits 
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Related to Credit and Cash Limits

  • Credit Limits 18.1 The Client understands that:

  • Credit Limit 1. The Allocation Platform shall calculate and continuously update the Credit Limit of each Registered Participant in respect of each subsequent Auction. The Credit Limit shall be equal to the amount of the collaterals in place minus any outstanding payment obligations. In case of a Bank Guarantee such Bank Guarantee shall be only considered if the requirements in Article 20 related to its validity for the respective Auction are fulfilled. The Allocation Platform shall make this information available to each Registered Participant individually through the Auction Tool.

  • Line of Credit Subject to the terms and conditions of this Agreement, Bank hereby agrees to make advances to Borrower from time to time up to and including April 2, 2015, not to exceed at any time the aggregate principal amount of One Million Five Hundred Thousand Dollars ($1,500,000.00) (“Line of Credit”), the proceeds of which shall be used to finance Borrower’s working capital requirements. Borrower’s obligation to repay advances under the Line of Credit shall be evidenced by a promissory note dated as of May 1, 2012 (“Line of Credit Note”), all terms of which are incorporated herein by this reference.

  • CONCENTRATIONS OF CREDIT (1) Within sixty (60) days, the Board shall adopt, implement, and thereafter ensure Bank adherence to a written asset diversification program consistent with OCC Banking Circular 255. The program shall include, but not necessarily be limited to, the following:

  • Applicable credit limit Each supplementary cardmember must not carry out card transactions such that the outstanding balance incurred by such supplementary cardmember exceeds the lower of the credit limit assigned to such supplementary cardmember or the account credit limit. The basic cardmember and all supplementary cardmembers must not carry out card transactions such that the total outstanding balance respectively incurred by them exceeds the combined credit limit.

  • CREDIT AND COLLATERAL REQUIREMENTS The applicable credit and collateral requirements are specified on the Cover Sheet.

  • CREDIT AND COLLATERAL EXCEPTIONS (1) Within ninety (90) days the Board shall obtain current and satisfactory credit information on all loans lacking such information, including those listed in the XXX, in any subsequent Report of Examination, in any internal or external loan review, or in any listings of loans lacking such information provided to management by the National Bank Examiners at the conclusion of an examination.

  • Credit Line If your application is approved by us, this agreement will constitute a revolving line of credit for an amount which will be the credit line under your Account. We will advise you of the amount of your credit line. That amount will be the maximum amount you may have outstanding at any time. You agree not to attempt to obtain more credit than the amount of your credit line. However, if you temporarily exceed your credit line, you agree to repay the excess immediately, even if we have not yet billed you. Obtaining such credit does not increase your credit line and if you exceed your Credit Limit repeatedly, we may suspend your credit privilege under this Agreement. We retain the right to increase or decrease your credit line at any time for any reason. Any increase of reduction on the limit of your credit line will be shown on your monthly statement or by separate notice together with any changes in the applicable minimum monthly payments. Your eligibility for this credit line is determined by our loan policy and may be terminated at our sole discretion, without demand or notice. You may close your credit line at any time by notifying us in writing and returning all Cards cut in half. If you terminate this Agreement or if we terminate or suspend your credit privileges, the provisions of this Agreement and your liability hereunder shall otherwise remain in full force and effect until you have paid us all sums due under this Agreement and returned all Cards.

  • Credit Checks 9.1 The Customer agrees that:

  • Funds Availability Policy Your Ability To Withdraw Funds. Our policy is to delay the availability of funds from your cash and check deposits. During the delay, you may not withdraw the funds in cash and we will not use the funds to pay checks that you have written. Determining the Availability of a Deposit. The length of the delay is counted in business days from the day of your deposit. Every day is a business day except Saturdays, Sundays, and federal holidays. If you make a deposit before closing on a business day that we are open, we will consider that day to be the day of your deposit. However, if you make a deposit after closing or on a day we are not open, we will consider that the deposit was made on the next business day we are open. The length of the delay varies depending on the type of deposit and is explained below. Same-Day Availability. Funds from electronic direct deposits to your account will be available on the day we receive the deposit. Next-Day Availability. Funds from the following deposits are available on the first (1st) business day after the day of your deposit: • U.S. Treasury checks that are payable to you. • Wire transfers. • Checks drawn on us. If you make the deposit in person to one of our employees, funds from the following deposits are also available on the first (1st) business day after the day of your deposit: • Cash. • State and local government checks that are payable to you. • Cashier’s, certified, and xxxxxx’s checks that are payable to you. • Federal Reserve Bank checks, Federal Home Loan Bank checks, and postal money orders, if these items are payable to you. If you do not make your deposit in person to one of our employees (for example, if you mail the deposit), funds from these deposits will be available on the second (2nd) business day after the day we receive your deposit.

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