Credit Line definition

Credit Line as defined in Section 2.1.

Credit Line. With respect to a Revolving Credit Loan, the maximum principal amount which may be advanced to a Mortgagor under the terms of the related Mortgage Note.]

Credit Line means a line of credit, established by us and communicated from time to time to you in writing or by such electronic means as may be designated by us to you, granting approval for sales by you, or rendition of services by you to a Customer, billed at a specified location or locations, up to a specified aggregate available amount.

Examples of Credit Line in a sentence

• The Wholesale Banks shall engage reputable external auditors acceptable to Bangladesh Bank (i) to examine and verify the accuracy of their accounts, including in respect of the Crop Diversification Credit Line; and (ii) audit their annual financial statements and their operations relating to the Crop Diversification Credit Line.

• You may request an increase in your Credit Line only by written application to us, which must be approved by us.

• Such entity shall be required to remedy any default of eligibility criteria within 6 months of default and in any event, within the disbursement period of the Crop Diversification Credit Line.

• In addition, at any time your Total New Balance exceeds your Credit Line, you must immediately pay the excess upon our demand.

• Each payment you make on the account will restore your Credit Line by the amount of the payment which is applied to principal.

More Definitions of Credit Line

Credit Line means the revolving line of credit established by this Agreement and governed by it and the other Facilities Papers.

Credit Line means the maximum debit balance permitted on your Account, as advised by us.

Credit Line means a discretionary and uncommitted line of credit that the BANK establishes for the BORROWER pursuant to SECTION 2.01 hereof up to the amount referred to therein but which may be terminated in whole or reduced in part pursuant to SECTION 2.02 hereof. This CREDIT LINE shall not be construed as the commitment of the BANK to make any LOAN or extension of credit.

Credit Line means the limit imposed by the Bank against the Cardmember for the use of the Card;

Credit Line has the meaning given to it in Recital A.

Credit Line. We will assign you a credit line when we approve your account. We may increase or decrease your credit line at any time and for any reason. We will give you notice of any decrease. You may request that we increase or decrease your credit line, but no new limit will be effective for your account unless we approve it. You promise not to allow your unpaid balance to exceed your credit line. If you request an advance that would cause the balance of your account to exceed your credit line, we have no obligation to make it, but we may do so if we choose. If we do so, you agree to pay us the excess immediately, without demand from us.

Credit Line means a discretionary and uncommitted line of credit which the BANK establishes for the BORROWER pursuant to SECTION 2.01 hereof up to the amount referred to therein but which may be terminated in whole or reduced in part pursuant to SECTION 2.02 hereof. This CREDIT LINE shall not be construed as the commitment of the BANK to make any LOAN or extension of credit.