Common use of CARDHOLDER NOT TO EXCEED CREDIT LIMIT Clause in Contracts

CARDHOLDER NOT TO EXCEED CREDIT LIMIT. We may set a combined credit limit in respect of each Principal Cardholder and, within such credit limit, we may set an individual credit limit in respect of each Card Account (if applicable). The total amount (whether principal, interest, costs, fees and/or other amounts payable) incurred on all Card Accounts by the Principal Cardholder, the Supplementary Cardholder(s), the Private Label Cardholder(s) and/or the Linked Cardholder(s), whether or not immediately due, when added together, must not exceed the combined credit limit set for each Principal Cardholder. If an individual credit limit is set in respect of a Card Account, the total amount (whether principal, interest, costs, fees and/ or other amounts payable) incurred on that Card Account by the Principal Cardholder, the Supplementary Cardholder(s), the Private Label Cardholder(s) and/or the Linked Cardholder(s), whether or not immediately due, when added together, must not exceed the credit limit set for that Card Account. The credit limit is uncommitted and we may, where necessary, review, vary or cancel the individual credit limit of any Card Account and/or the combined credit limit at our discretion without notice.

CARDHOLDER NOT TO EXCEED CREDIT LIMIT. We may set a combined credit limit in respect of each Principal Cardholder and, within such credit limit, we may set an individual credit limit in respect of each Card Account (if applicable). The total amount (whether principal, interest, costs, fees and/or other amounts payable) incurred on all Card Accounts by the Principal Cardholder, the Supplementary Cardholder(s), the Private Label Cardholder(s) and/or the Linked Cardholder(s), whether or not immediately due, when added together, must not exceed the combined credit limit set for each Principal Cardholder. If an individual credit limit is set in respect of a Card Account, the total amount (whether principal, interest, costs, fees and/ or and/or other amounts payable) incurred on that Card Account by the Principal Cardholder, the Supplementary Cardholder(s), the Private Label Cardholder(s) and/or the Linked Cardholder(s), whether or not immediately due, when added together, must not exceed the credit limit set for that Card Account. The credit limit is uncommitted and we may, where necessary, review, vary or cancel the individual credit limit of any Card Account and/or the combined credit limit at our discretion without notice.