Common use of Credit Line Clause in Contracts

Credit Line. Your Account is a revolving line of credit line in the amount of your credit limit. We will advise you of the amount of your credit limit. Your credit limit will be the maximum amount you may have outstanding at any one time under your credit line. You agree not to attempt to obtain more credit than the amount of your credit limit. However, if you temporarily exceed your credit limit, you agree to repay the excess immediately, even if we have not yet billed you. Obtaining such credit does not increase your credit limit. We retain the right to increase or decrease your credit limit at any time for any reason. Any increase or reduction on the limit of your credit limit 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 the 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.

Appears in 4 contracts

Samples: www.bannerbank.com, www.bannerbank.com, uat.bannerbank.com

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Credit Line. Your Account is This Agreement will constitute a revolving line of credit line in the amount of your account (credit limitline). We will advise you of the amount of your approved credit line. We may increase or decrease your credit limitline at any time for any reason including based on changes in your credit qualification and any credit reports. Your approved credit limit will be is the maximum amount you may have outstanding at any one time under your credit linetime. You agree not to attempt to obtain more credit than the amount of your credit limitline. However, if you temporarily exceed your credit limitline, you agree to pay any overlimit fees and repay the excess immediately, even if we have not yet billed you. Obtaining such credit does not increase your credit limit. We retain the right to increase or decrease your credit limit at any time for any reasonline. Any increase or reduction on the limit of your credit limit 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 the Agreement and your liability hereunder shall otherwise will remain in full force and effect until you have paid us all sums due under this Agreement us and returned all Cards.

Appears in 4 contracts

Samples: Credit Card Agreement, Credit Card Agreement, Credit Card Agreement

Credit Line. Your Account is a revolving line of credit line in the amount of your credit limit. We will advise you of the amount of your credit limit. Your credit limit will be the maximum amount you may have outstanding at any one time under your credit line. You agree not to attempt to obtain more credit than the amount of your credit limit. However, if you temporarily exceed your credit limit, you agree to repay the excess immediately, even if we have not yet billed you. Obtaining such credit does not increase your credit limit. We retain the right to increase or decrease your credit limit at any time for any reason. Any increase or reduction on the limit of your credit limit 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 the 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.

Appears in 3 contracts

Samples: Credit Card Agreement, Credit Card Agreement, Credit Card Agreement

Credit Line. Your Account is If we approve your application, this Agreement will constitute a revolving line of credit line in for an amount which will be the amount of Credit Line under your credit limitAccount. We will advise you of the amount of your credit limitCredit Line. Your credit limit That amount will be the maximum amount you may have outstanding at any one time under your credit linetime. You agree not to attempt to obtain more credit than the amount of your credit limitCredit Line. However, if you temporarily exceed your credit limitCredit Line, you agree to repay the excess immediately, even if we have not yet billed you. Obtaining such credit does not increase your credit limitCredit Line. We retain the right to increase or decrease your credit limit Credit Line at any time for any reasontime. Any increase in- crease or reduction on in the limit amount of your credit limit Credit Line will be shown on your monthly statement or by separate notice together with any changes in the applicable minimum monthly paymentsMinimum Monthly Payments. Your eligibility for this credit line 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 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 the this Agreement and your liability hereunder shall otherwise remain in full force and effect until you have paid us all sums due us under this Agreement and returned all Cards.

Appears in 2 contracts

Samples: Account Agreement, Account Agreement

Credit Line. Your Account is This Agreement will constitute a revolving line of credit line in the amount of your account (credit limitline). We will advise you of the amount of your approved credit line. We may increase or decrease your credit limitline at any time for any reason including based on changes in your credit qualification and any credit reports. Your approved credit limit will be is the maximum amount you may have outstanding at any one time under your credit linetime. You agree not to attempt to obtain more credit than the amount of your credit limitline. However, if you temporarily exceed your credit limitline, you agree to repay the excess immediately, even if we have not yet billed you. Obtaining such credit does not increase your credit limit. We retain the right to increase or decrease your credit limit at any time for any reasonline. Any increase or reduction on the limit of your credit limit 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 the Agreement and your liability hereunder shall otherwise will remain in full force and effect until you have paid us all sums due under this Agreement us and returned all Cards.

Appears in 2 contracts

Samples: Credit Card Agreement, Credit Card Agreement

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Credit Line. Your Account is a revolving line of credit line in the amount of your credit limit. We will advise you of the amount of your credit limit. Your credit limit will be the maximum amount you may have outstanding at any one time under your credit line. You agree not to attempt to obtain more credit than the amount of your credit limit. However, if you temporarily exceed your credit limit, limit you agree to repay the excess immediately, even if we have not yet billed you. Obtaining such credit does not increase your credit limit. We retain the right to increase or decrease your credit limit at any time for any reason. Any increase or reduction on the limit of your credit limit will be shown on your monthly statement or by separate notice together with any changes in the applicable minimum monthly paymentsayments. 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 the 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.

Appears in 2 contracts

Samples: www.islandersbank.com, www.islandersbank.com

Credit Line. Your Account is If we approve your application, this Agreement will constitute a revolving line of credit line in for an amount which will be the amount of Credit Line under your credit limitAccount. We will advise you of the amount of your credit limitCredit Line. Your credit limit That amount will be the maximum amount you may have outstanding at any one time under your credit linetime. You agree not to attempt to obtain more credit than the amount of your credit limitCredit Line. However, if you temporarily exceed your credit limitCredit Line, you agree to repay the excess immediately, even if we have not yet billed you. Obtaining such credit does not increase your credit limitCredit Line. We retain the right to increase or decrease your credit limit Credit Line at any time for any reasontime. Any increase or reduction on in the limit amount of your credit limit Credit Line will be shown on your monthly statement or by separate notice together with any changes in the applicable minimum monthly paymentsMinimum Monthly Payments. Your eligibility for this credit line 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 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 the this Agreement and your liability hereunder shall otherwise remain in full force and effect until you have paid us all sums due us under this Agreement and returned ret urned all Cards.

Appears in 1 contract

Samples: Account Agreement

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