Line of Credit definition

Line of Credit mean the credit facility described in the Section titled "LINE OF CREDIT" below.
Line of Credit means the credit facility described as such in Section 2.
Line of Credit means a type of Loan product that typically incorporates features that give the relevant Borrower options to, among other things, make further drawings on the Loan account;

Examples of Line of Credit in a sentence

  • Apply for a Loan Online Most online services offering loans usually offer quick cash type loans such as Pay Day Loans, Installment Loans, Line of Credit Loans and Title Loans.

  • If we process the transfer and unless your overdraft protection is provided via an Overdraft Line of Credit, you agree to cover any overdraft amount plus any applicable fees.

  • You could lose all your money in your account plus your maximum Overdraft Line of Credit.

  • If you have enrolled in our optional Overdraft Line of Credit Program and have enough funds in the linked account under the Overdraft Line plan, we transfer funds to cover ACH and check items.

  • If you receive your initial Credit Voucher after the time of the initial advance on your account, then you may cancel the Line of Credit account without obligation if, within four business days of the date of your initial Credit Voucher, you provide BECU with written notice and return all of the funds that BECU initially advanced to you.


More Definitions of Line of Credit

Line of Credit shall have the meaning given the term in Section 2.1.a.
Line of Credit has the meaning set forth in Section 1.1(a).
Line of Credit as defined in Section 2.1.
Line of Credit is defined in the Recitals.
Line of Credit has the meaning ascribed thereto in Section 2.1(a) hereof.
Line of Credit means the commitment of the Lenders in the aggregate amount of $65,000,000 to (a) make Revolving Loans pursuant to Sections 3 and 4 of this Agreement, and (b) assist the Companies in opening Letters of Credit pursuant to Section 5 of this Agreement (up to the Letter of Credit Sub-Line).
Line of Credit means the line of credit established under Section 2.1 of this Agreement.