Common use of Account Limits Clause in Contracts

Account Limits. a. We reserve the right to set an Account Limit at the time of the conclusion of the Agreement which is applicable to the Master Account or the aggregate of all or a subset of Accounts. This means that the maximum amount that can be outstanding at any time on the Master Account and/or such Accounts shall not exceed the Account Limit. b. We may impose or change Account Limits at any time. We will notify You either prior to or at the same time as any introduction of or change to an Account Limit. c. You agree to manage the Master Account in a way which ensures that Account Limits are not exceeded but will remain responsible for all Charges even where the Account Limit is exceeded. d. You shall inform Account Users of any Account Limits agreed with us and that we may refuse Charges in the event that the Account Limit is exceeded. e. You shall regularly monitor and administer the Master Account. In particular, You shall set up internal guidelines and procedures to monitor the expenditure of Account Users in order to ensure that the Charges established with the Card do not exceed the Account Limit.

Appears in 10 contracts

Samples: Corporate Card Agreement, Corporate Card Agreement, Corporate Card Agreement

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Account Limits. a. We reserve the right to set an Account Limit at the time of the conclusion of the Agreement which is applicable to the Master Account or the aggregate of all or a subset of Accounts. This means that the maximum amount that can be outstanding at any time on the Master Account and/or such Accounts shall not exceed the Account Limit. b. We may impose or change Account Limits at any time. We will notify You either prior to or at the same time as any introduction of or change to an Account Limit. c. You agree to manage the Master Account in a way which ensures that Account Limits are not exceeded but will remain responsible for all Charges even where the Account Limit is exceeded. d. You shall inform Account Users of any Account Limits agreed with us and that we may refuse Charges in the event that the Account Limit is exceeded. e. You shall regularly monitor and administer the Master Account. In particular, You shall set up internal guidelines and procedures to monitor the expenditure of Account Users in order to ensure that the Charges established with the Card do not exceed the Account Limit.

Appears in 2 contracts

Samples: Business Travel Account Agreement, Business Travel Account Agreement

Account Limits. a. We reserve the right to set an Account Limit at when signing the time of the conclusion of the Agreement which is Agree- ment, applicable to the Master Account or to the aggregate or subset of all or a subset of Accounts. This means that the maximum amount that can be outstanding at any time on the Master Account and/or such Accounts shall not exceed ex- ceed the Account Limit. b. We may impose or change Account Limits at any time. We will notify You either prior to or at the same time as any introduction of setting or change to an changing the Account Limit. c. You agree to manage the Master Account in a way which that ensures that Account Ac- count Limits are not exceeded but and will remain responsible for all Charges even where the Account Limit is exceeded. d. You shall must inform Account Users of any Account Limits agreed with us Us and that we may refuse Charges in the event that if the Account Limit is exceeded. e. You shall will regularly monitor and administer the Master Account. In particularpar- ticular, You shall will set up internal guidelines and procedures to monitor the expenditure of Account Users in order to ensure that the Charges established with incurred on the Card do not exceed the Account Limit.

Appears in 1 contract

Samples: Terms and Conditions

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Account Limits. a. We reserve the right to set an Account Limit at the time of the conclusion of the Agreement which is applicable to the Master Account or the aggregate of all or a subset of Accounts. This means that the maximum amount that can be outstanding at any time on the Master Account and/or and/ or such Accounts shall not exceed the Account Limit. b. We may impose or change Account Limits at any time. We will notify You either prior to or at the same time as any introduction of or change to an Account Limit. c. . c You agree to manage the Master Account in a way which ensures that Account Limits are not exceeded but will remain responsible for all Charges even where the Account Limit is exceeded. d. You shall inform Account Users of any Account Limits agreed with us and that we may refuse Charges in the event that the Account Limit is exceeded. e. You shall regularly monitor and administer the Master Account. In particular, You shall set up internal guidelines and procedures to monitor the expenditure of Account Users in order to ensure that the Charges established with the Card do not exceed the Account Limit.

Appears in 1 contract

Samples: Business Travel Account Agreement

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