Credit Account. The amount of the Credit shall be credited to the Credit Account and may be withdrawn therefrom by the Borrower as provided in the Trust Fund Credit Agreement and in these General Conditions.
Credit Account. 4.1 An account will be opened and a credit limit inclusive of VAT will be notified to the Subscriber and this credit limit should not be exceeded. Any increase in the credit limit must be requested in writing and will be subject to approval by Spectrum which may entail further credit checks. Spectrum cannot accept responsibility for Subscriber overspends due to any reason including but not limited to billing cycles or delays in the availability of call data. Subscribers who anticipate exceeding their credit limit should contact Spectrum to avoid the Services being suspended.
Credit Account. An account shall be opened on the books of Lender which shall be designated on Lender’s books and records as Borrower’s “Credit Account” in which account a record will be kept of the Loan, all Advances thereunder, and all payments thereon and other appropriate debits and credits as provided by this Agreement.
Credit Account. 5.1 A Customer account will be opened and a credit limit (inclusive of VAT) will be notified to the Customer and this credit limit should not be exceeded by the Customer. HBT reserves the right to suspend the Customer's account and any use of the Mobile Network Services in the event that this credit limit is exceeded at any time (any such suspension shall be without prejudice to the Customer’s obligations under the relevant Contract with regards to the Equipment or the Equipment Charges). Any increase in the credit limit must be requested in writing and will be subject to approval by HBT. HBT does not accept responsibility for the Customer exceeding the credit limit due to any reason, including but not limited to billing cycles or delays in the availability of call data. Customers who anticipate exceeding their credit limit should contact HBT to avoid their Mobile Network Services being suspended.
Credit Account. Customers - UK Mail shall send to the Customer weekly invoices, whether by post, email or other means, showing the total Charges or other sums due from the Customer and the Customer shall pay all such invoices in full within 14 days of date of the invoice, unless payment is by direct debit in which case payment must be made within 21 days of date of the invoice.
Credit Account. 7.1. The Supplier may, at its absolute discretion, provide the Customer with Goods and/or Services on credit, subject to these Terms and Conditions, and the Customer submitting to the Supplier an Application for a Credit Account.
Credit Account. 4.1. For the purpose of providing and/or maintaining the Customer or Distributor with a credit account, the Customer or Distributor agrees, to provide documentation to the Supplier which may include (but is not limited to) any or all of the following: evidence that the Customer or Distributor has and remains incorporated, and a copy of the Customer or Distributor’s audited Financial Statements (which must not be more than 12 months old).
Credit Account. The Creditor shall open in its accounting books a special credit account in the name of the Debtor in which the following entries shall be made in connection with the Credit: IN THE DEBIT COLUMN: – The amounts disbursed under the Credit. – The amount corresponding to the settlements of interest, fees and any other items to be paid by the Debtor in accordance with the provisions set forth in this Agreement. IN THE CREDIT COLUMN: – Any partial payments made by the Debtor to the Creditor for the settlement or repayment of the amounts mentioned above. In this way it shall be at all times established the outstanding net balance owed by the Debtor to the Creditor under this Agreement. The Creditors shall record the movements referred to above in the special credit account number [ ] (the “Credit Account”) as set forth in this Agreement. All balances recorded in the Credit Account shall not represent in any way whatsoever any balances or cash equivalents in favor of the Debtor, having a purely administrative purpose for the Creditor to record the balances owed by the Debtor to the Creditor and the payments received by Creditor from Debtor under this Agreement. In this sense, and for the avoidance of any doubts, it is hereby clarified that if the Creditor records a payment made by the Debtor in the Credit Account without having actually received it, such entry shall be null and void and shall not alter the reality of the amounts owed by the Debtor under this Agreement.
Credit Account. Upon registration, a credit account was assigned to you. This credit account refers to system dollars. It can be used for trading purposes or for establishing budgets. You can view the balance of this account as well as view the history of all credit transactions on this account in the Administration module. All new accounts will have a zero balance until the Site Administrator adds funds to the user account. The Credit Balance link pulls up a screen that summarizes your current account status. Your account ID number is located at the top of this screen. Beneath this is your Credit Limit. This is the entire amount of funds available for your transactions. This number will increase or decrease as transactions are made. Your Available Balance is the amount of funds in your account that are free for you to make purchases with. Your Retained Funds is the amount that is being held pending the approval and closure of Outstanding Purchases. Retained Funds and Available Balance should total your Credit Limit. Any transactions that credit or debit your account balance will be shown in your Account History list. This record is to track your existing credit status and determine how the current balance was derived. It includes Sales and Purchases as well as deposits and withdrawals made by the Site Administrator.
Credit Account. The Bank shall maintain on its books an account -------------- (the "Credit Account") which shall be debited for advances of the Loan (including all advances into the Operating Account) and other amounts chargeable to the Company with respect thereto (including interest accruing thereon) and credited for all payments received on the Loan. Each month the Bank shall render to the Company a statement of the Company's Credit Account which shall be deemed correct and accepted by and binding upon the Company unless the Bank receives a written statement of the Company's specific exceptions thereto within thirty (30) days from the date of mailing of the written statement to the Company. The statements of the Credit Account and books of account of the Bank shall constitute prima facie evidence of the balance in the Credit Account.
