CARD FACILITY. 4.1 The Total Card Facility will be provided to you at our sole discretion. 4.2 The Available Card Facility will be made available to you immediately. 4.3 We may grant you further access to the remaining portion of the Total Card Facility at our sole discretion, subject to your personal risk profile, from time to time, which will be affected by the way in which you conduct your financial affairs and our assessment of your credit risk. 4.4 We reserve the right to move you to a more suitable product if appropriate. 4.5 If you have requested in writing the option of having the Total Card Facility automatically increased from time to time, we may do so at our discretion. You may not exceed your Available Card Facility, unless you first obtain our written approval. 4.6 If we accept any Card Transaction resulting in the credit limit being exceeded, this will not mean we have increased the credit limit permanently. 4.7 On a budget facility the amount of the Card Transaction will be payable over an extended period stipulated by us and must be paid together with other charges in monthly payments, the amount of which will be stipulated by us. 4.8 On a budget facility you may make Card Transaction payments over an extended period at any date earlier than the date stipulated and repay more than the amount stipulated by us.
Appears in 7 contracts
Samples: Credit Facility Agreement, Credit Facility Agreement, Credit Facility Agreement
CARD FACILITY. 4.1 The Total Card Facility will be provided to you at our sole discretion.
4.2 The Available Card Facility will be made available to you immediately.
4.3 We may grant you further access to the remaining portion of the Total Card Facility at our sole discretion, subject to your personal risk profile, from time to time, which will be affected by the way in which you conduct your financial affairs and our assessment of your credit risk.
4.4 We reserve the right to move you to a more suitable product if appropriate.
4.5 If you have requested in writing the option of having the Total Card Facility automatically increased from time to time, we may do so at our discretion. You may not exceed your Available Card Facility, unless you first obtain our written approval.
4.6 If we accept any Card Transaction resulting in the credit limit being exceeded, this will not mean we have increased the credit limit permanently. Nedbank Ltd Reg No 1951/000009/06. Authorised financial services and registered credit provider (NCRCP16).
4.7 On a budget facility the amount of the Card Transaction will be payable over an extended period stipulated by us and must be paid together with other charges in monthly payments, the amount of which will be stipulated by us.
4.8 On a budget facility you may make Card Transaction payments over an extended period at any date earlier than the date stipulated and repay more than the amount stipulated by us.
Appears in 2 contracts
Samples: Credit Facility Agreement, Credit Facility Agreement
