Common use of Credit Limits Clause in Contracts

Credit Limits. 5.1.1 The Bank will assign a Credit Limit to the Card Account, which must be strictly observed. The Cardholder may however apply for a review of his/her Credit Limit at any time with such documentations as may be requested by the Bank at the Banks discretion. 5.1.2 In computing whether the Credit Limit has been exceeded, the Bank shall take into account the amount of any Card Transaction not yet debited to the Card Account an account and the Account Balance of any authorisation given by the Bank to a third party in respect of a prospective Card Transaction or any amount that has been reserved by us for a forthcoming transaction as a request made by the Cardholder. 5.1.3 The Cardholder will be liable for all credit facilities granted by the Bank in respect of the Card and for all related charges, hereunder, notwithstanding the termination of this Agreement.

Appears in 4 contracts

Sources: Conditions of Use for Credit Cards, Conditions of Use for Credit Cards, Conditions of Use for Credit Cards

Credit Limits. 5.1.1 The Bank will assign a Credit Limit to the Card Account, which must be strictly observed. The Cardholder may however apply for a review of his/her Credit Limit at any time with such documentations as may be requested by the Bank at the Banks discretion. 5.1.2 In computing whether the Credit Limit has been exceeded, the Bank shall take into account the amount of any Card Transaction not yet debited to the Card Account an account and the Account Balance of any authorisation given by the Bank to a third party in respect of a prospective Card Transaction or any amount that has been reserved by us for a forthcoming forth coming transaction as a request made by the Cardholdercardholder. 5.1.3 The Cardholder will be liable for all credit facilities granted by the Bank in respect of the Card and for all related charges, hereunder, notwithstanding the termination of this Agreement.

Appears in 2 contracts

Sources: Credit Card Agreement, Conditions of Use

Credit Limits. 5.1.1 The Bank will assign a Credit Limit to the Card Account, which must be strictly observed. The Cardholder may however apply for a review of his/her Credit Limit at any time with such documentations as may be requested by the Bank at the Banks discretiondiscretion . 5.1.2 In computing whether the Credit Limit has been exceeded, the Bank shall take into account the amount of any Card Transaction not yet debited to the Card Account an account and the Account Balance of any authorisation given by the Bank to a third party in respect of a prospective Card Transaction or any amount that has been reserved by us for a forthcoming forth coming transaction as a request made by the Cardholdercardholder. 5.1.3 The Cardholder will be liable for all credit facilities granted by the Bank in respect of the Card and for all related charges, hereunder, notwithstanding the termination of this Agreement.

Appears in 1 contract

Sources: Conditions of Use for Credit Cards