CREDIT LIMITS. You promise that payments we make for your Account(s) resulting from use of the Card will, at no time, cause the outstanding balance of your Account to exceed your credit limit as established by us or as adjusted from time to time at our discretion. TRANSACTION LIMITS: The maximum balance permitted for all cash advance transactions is 50 percent of your credit limit, subject to the terms and limitations outlined herein. Balance transfers between the GECU credit card programs are not permitted. PROMISE TO PAY: You promise to pay us in U.S. dollars for (a) all purchases, cash advances, balance transfers, and convenience checks made by you or anyone whom you authorize to use the Card or Account; (b) FINANCE CHARGES and other charges or fees; (c) collection costs and attorneys’ fees as permitted by applicable law and any costs incurred in the recovery of the Card; and (d) credit in excess of your credit limit that we may extend to you. At the end of each monthly billing cycle for which you have a balance on your Account, you will be furnished with a periodic statement showing (i) the “Previous Balance” (the outstanding balance in the Account at the beginning of the billing cycle), (ii) the amount of all cash advances, purchases, balance transfers, convenience checks, over-the-limit fees, late charges, annual fees, FINANCE CHARGES and other charges or fees posted to your Account during the billing cycle, (iii) the amount of all payments and credits posted to your Account during the billing cycle and (iv) the “New Balance” which is the sum of (i) and (ii) minus (iii). You agree to pay for your Account on or before the Payment Due Date shown on the monthly periodic statement either the entire New Balance or a Minimum Payment equal to any amount, which is at least 2% of the New Balance or $25.00 whichever is greater, plus any amount in excess of the credit limit established by us and any past due minimum payments. If the New Balance is $25.00 or less, you agree to pay it in full. You may make extra payments in advance of the due date without a penalty and you may repay any funds advanced, credit extended or amount outstanding at any time without a penalty for early payment. Regardless of the amount of any extra payment during a given month, a monthly payment will be required the following month if a balance remains in your Account.
CREDIT LIMITS. You promise that payments made for your account resulting from use of the Card or your Convenience Checks will, at no time, cause the outstanding balance in your account to exceed your credit limit as established by us or as adjusted from time to time at our discretion. Cash advances are limited to 50% of your credit limit. If you exceed your credit limit, we can still charge you for all purchases and advances without giving up any of our rights. If you write a Convenience Check which causes you to exceed your credit limit, we are under no obligation to pay such check, and it may be returned to the payee unpaid at our option.
CREDIT LIMITS means the NRT Credit Limit and RT Credit Limit and “Credit Limit” means either of the Credit Limits, as the context so requires.
Examples of CREDIT LIMITS in a sentence
For this reason the Purchase Price of Non- Notifiable Debts will be the amount received from the Debtor.4. CREDIT LIMITS 4.1 We will, when you ask, set a Credit Limit for each Debtor in our absolute discretion and may increase or decrease it at any time.
CREDIT LIMITS: You promise that payments made for your account resulting from use of the card will at no time cause the outstanding balance in your account to exceed your credit limit as disclosed to you at the time you received your card or as adjusted from time to time at the discretion of the Credit Union.
In order to ensure that transactions are recorded correctly and reviewed in a timely manner, the person completing these duties must perform the following: CHANGES IN SINGLE TRANSACTION LIMITS OR MONTHLY CYCLE (CREDIT) LIMITS: Temporary Changes in single transaction limits and monthly credit/cycle limits must be requested via the Temporary Changes to Spending Limits Form.
THE CREDIT LIMITS SHALL NOT BE A SUBSTITUTE FOR OR MODIFY THE MAXIMUM LIABILITY OR ANY OTHER TERMS AND CONDITIONS PROVIDED FOR IN A CREDIT INSURANCE POLICY.
CREDIT LIMITS WILL BE RESTRICTED TO THE PREPAID AMOUNT OR THE AMOUNT OF A CUSTOMER APPROVED LOAN.
More Definitions of CREDIT LIMITS
CREDIT LIMITS means, collectively, the Facility A Credit Limit, the Facility B Credit Limit, the Facility C Credit Limit and the Facility D Credit Limit and “Credit Limit” means any one of them.
CREDIT LIMITS. You promise that payments we make for your Account resulting from use of the Card will at no time cause the outstanding balance of your Account to exceed your credit limit as established by us or as adjusted from time to time at our discretion. Your “credit limit” is sometimes referred to in this Agreement as your “available credit” or “credit line”. The portion of your total credit line that may be used to make a cash advance (“Cash Advance Credit Limit”) is established by us and is disclosed on your billing statement. We may change your credit limit and your Cash Advance Credit Limit at any time, subject to such notice as may be required by applicable law. PROMISE TO PAY: You promise to pay us in U.S. dollars for (a) all purchases, cash advances, and balance transfers made by you or anyone whom you authorize to use the Card or Account; (b) interest charges and other charges or fees; (c) collection costs and attorney’s fees as permitted by applicable law, and any costs incurred in the recovery of the Card; and (d) credit in excess of your credit limit that we may extend to you. If we accept payment in foreign currency, we will choose a conversion rate that is acceptable to us to convert your payment into U.S. dollars, unless a particular rate is required by law. At the end of each monthly billing cycle for which you have a balance on your Account, you will be furnished with a periodic statement showing (i) the “Previous Balance” (the outstanding balance in the Account at the beginning of the billing cycle), (ii) the amount of all cash advances, purchases, balance transfers, Over-the-Limit Fees, Late Payment Fees, annual fees, Finance Charges (as defined below in the “Cost of Credit” section), and other charges or fees posted to your Account during the billing cycle, (iii) the amount of all payments and credits posted to your Account during the billing cycle, and (iv) the “New Balance” which is the sum of (i) and (ii) minus (iii).
CREDIT LIMITS. Your credit limit is established when your credit card application is approved. We notify you of the amount of your credit limit with the letter that notifies you of your credit approval, and on the monthly billing statement. Over Limit: If your credit limit has been exceeded, you must immediately pay the amount by which the total New Balance exceeds the maximum authorized credit. Excessive violation of credit limits will result in the card being cancelled. Credit Line Increase: At our discretion, and at any time, we may change your credit limit. We will notify you if we do, either by mail or through the billing statement. You may request a change to your credit limit by contacting Glass City Federal by mail.
CREDIT LIMITS means the maximum amount of unpaid Charges that the Customer may accumulate agreed pursuant to clause 8.6. Customer: means the individual or business or corporate or unincorporated body or group which has agreed to purchase the Services, as named in the Order. Customers Access Connection: means the physical wires or other type on medium used to access the Site by the Network Operator Customer Equipment: means apparatus in hardware or software form belonging to the Customer not forming part of the Equipment but which may be connected to the Equipment and network facilities and telecommunications services in required to be provided by the Customer in order to receive the Services.
CREDIT LIMITS. Your maximum amount (your “Maximum Credit Amount”) will be identified in the approval letter or other notice issued by Lender. You understand and agree that the credit facility provided to you herein is an uncommitted, discretionary facility and that Lender may, at any time, with or without notice to you, reduce your Maximum Credit Amount or discontinue your ability to receive Advances.
CREDIT LIMITS. We may set a monthly credit limit on your account that will be an amount we consider appropriate. We will let you know what this amount is if we do set a monthly credit limit. We may suspend your access to the Services if you exceed the limit. You should not use the credit limit for budgeting as the amount you owe is not capped or limited and you will still be liable if you exceed the credit limit we set.
CREDIT LIMITS. You promise that payments we make for your Account resulting from use of the Card will at no time cause the outstanding balance of your Account to exceed your credit limit as established by us or as adjusted from time to time at our discretion. PROMISE TO PAY: You promise to pay us in U.S. dollars for (a) all purchases and cash advances made by you or anyone whom you authorize to use the Card or Account;