MAXIMUM AMOUNT OF CREDIT. Any use of credit established in Section 2 is subject to a credit limit, which is indicated on the document to which your card is attached at the time of receipt and on your account statement. Either limit may be increased, at the discretion of Desjardins, upon request from the cardholder, or decreased if Desjardins deems it appropriate after analyzing the cardholder’s file. Any cash advance, cheque or purchase which results in the applicable credit limit being exceeded shall in no way be regarded as a request to increase the credit limit. Any cash advance, cheque or regular purchase that results in your credit limit being exceeded may be temporarily authorized by Desjardins, without any obligation on its part, and cannot, in any case, be regarded as a request to increase your credit limit, nor can it result in such an increase of your credit limit. The cardholder is liable for the entire balance, whether or not it exceeds the credit limit. The cardholder agrees to repay forthwith on demand any amount that exceeds the credit limit.
MAXIMUM AMOUNT OF CREDIT. The aggregate principal amount of all loans evidenced by the Loan Account shall at no time exceed $9,180,952 (or such lesser amount being an integral multiple of $50,000 as the Company shall have irrevocably specified from time to time by written notice to the Lender) (the "Maximum Amount of Credit").
MAXIMUM AMOUNT OF CREDIT. Any use of credit established in Section 2 is subject to a credit limit, which is indicated on every statement of account. Separate credit limits may be established for equal instalments financing, multiple purchases by equal instalments or deferred payment financing, upon request from the cardholder. Any and all credit limits may be increased, at Xxxxxxxxxx Group’s discretion, upon request from the cardholder, or decreased if Xxxxxxxxxx Group deems it appropriate after having analyzed the cardholder’s file. Any cash advance, cheque or purchase which results in the applicable credit limit being exceeded shall be regarded as a request to increase the credit limit to the maximum amount that can then be granted to the cardholder, taking into consideration Xxxxxxxxxx Group’s applicable credit granting standards. Xxxxxxxxxx Group has no obligation to allow the cardholder to exceed his credit limit, even if it has done so in the past. The cardholder understands that Xxxxxxxxxx Group may decide not to authorize any transaction that will result in the cardholder’s credit limit being exceeded or that takes place after the credit limit has been exceeded. The cardholder is liable for the entire balance, whether or not it exceeds the credit limit. The cardholder agrees to repay forthwith on demand any amount that exceeds the credit limit.
MAXIMUM AMOUNT OF CREDIT. Any use of credit established in Section 2 is subject to a credit limit, which is indicated on every account statement. Either limit may be increased, at Desjardins Group’s discretion, upon request from the cardholder, or decreased if Desjardins Group deems it appropriate after analyzing the cardholder’s file. Any cash advance, cheque or purchase which results in the applicable credit limit being exceeded shall be regarded as a request to increase the credit limit to the maximum amount that can then be granted to the cardholder, taking into consideration the applicable credit granting standards. Desjardins Group has no obligation to allow the cardholder to exceed his credit limit, even if it has done so in the past. The cardholder understands that Desjardins Group may decide not to authorize any transaction that will result in the cardholder’s credit limit being exceeded or that takes place after the credit limit has been exceeded. The cardholder is liable for the entire balance, whether or not it exceeds the credit limit. The cardholder agrees to repay forthwith on demand any amount that exceeds the credit limit.
MAXIMUM AMOUNT OF CREDIT. Any use of credit established in section 2 is subject to a credit limit, which is established by the Federation and indicated on the statement of account. The authorized representative of the cardholder may not exceed the credit limit indicated on the statement of account. Any and all credit limits may be increased, at the Federation’s discretion, upon request from the cardholder, or decreased if the Federation deems it appropriate after having analyzed the cardholder’s file. Any purchase which results in the applicable credit limit being exceeded shall be regarded as a request to increase the credit limit to the maximum amount that can then be granted to the cardholder, taking into consideration the Federation’s applicable credit granting standards. The Federation has no obligation to allow the cardholder to exceed its credit limit, even if it has done so in the past. The cardholder understands that the Federation may decide not to authorize any transaction that will result in the cardholder’s credit limit being exceeded or that takes place after the credit limit has been exceeded. The cardholder is liable for the entire balance, whether or not it exceeds the credit limit. The cardholder agrees to repay forthwith on demand any amount that exceeds the credit limit.
MAXIMUM AMOUNT OF CREDIT. The term “Maximum Amount of Credit” means $500,000,000, unless this amount is increased or reduced pursuant to Sections 2.7, 2.8, 3.5, 4.2.1 or 14, in which event it means such higher or lower amount. Each reduction of the Maximum Amount of Credit shall ratably reduce each Lender’s Commitment.
MAXIMUM AMOUNT OF CREDIT. The term "Maximum Amount of Credit" means, on any date, the lesser of (a) $800,000 or (b) the amount (in an integral multiple of $10,000) to which the then applicable amount set forth in clause (a) above shall have been irrevocably reduced from time to time by notice from the Company to the Lenders.
MAXIMUM AMOUNT OF CREDIT. Any use of credit established in Section 2 is subject to a credit limit, which is indicated on every statement of account. Separate credit limits may be established for equal instalments financing, multiple purchases by equal instalments or deferred payment financing, upon request from the cardholder. Any and all credit limit may be increased, at Desjardins Group’s discretion, upon request from the cardholder, or decreased if Desjardins Group deems it appropriate after having analyzed the cardholder’s file. Any cash advance, cheque or purchase which results in the applicable credit limit being exceeded shall be regarded as a request to increase the credit limit to the maximum amount that can then be granted to the cardholder, taking into consideration Xxxxxxxxxx Group’s applicable credit granting standards.
MAXIMUM AMOUNT OF CREDIT. The term "Maximum Amount of Credit" means the lesser of (a) the Credit Cap or (b) the amount to which the Total Commitment has been permanently reduced pursuant to Section 4.2.1. Each reduction of the Credit Cap shall ratably reduce each Lender's Commitment."
MAXIMUM AMOUNT OF CREDIT. If at any time the Loan exceeds the Maximum Amount of Credit, the Company will promptly pay the amount of such excess to the Agent for the account of the Lenders for credit to the Loan.
