Maximum Credit Amount. The Maximum Credit Amount is the amount of tax credits the Company may earn during the Taxable Years between the First Eligible Taxable Year and the Eligibility Deadline.
Maximum Credit Amount. Any use of credit established in Section 2 is subject to a credit limit, which is determined by Desjardins and indicated on the document to which your card is attached at the time of receipt and on your account statement. Either limit may be increased, at the discretion of Desjardins, upon request from the cardholder, or decreased if Desjardins deems it appropriate after analyzing the cardholder’s file. Any cash advance, cheque or purchase which results in the applicable credit limit being exceeded shall in no way be regarded as a request to increase the credit limit. In compliance with the regulations in effect, any cash advance, cheque or regular purchase that results in your credit limit being exceeded may be temporarily authorized by Desjardins, without any obligation on its part, and cannot, in any case, be regarded as a request to increase your credit limit, nor can it result in such an increase of your credit limit.
Maximum Credit Amount. Any use of credit established in Section 2 is subject to a credit limit, which is indicated on the document to which your card is attached at the time of receipt and on your account statement. Either limit may be increased, at the discretion of Desjardins, upon request from the cardholder, or decreased if Desjardins deems it appropriate after analyzing the cardholder’s file. Any cash advance, cheque or purchase which results in the applicable credit limit being exceeded shall in no way be regarded as a request to increase the credit limit. Any cash advance, cheque or regular purchase that results in your credit limit being exceeded may be temporarily authorized by Desjardins, without any obligation on its part, and cannot, in any case, be regarded as a request to increase your credit limit, nor can it result in such an increase of your credit limit. The cardholder is liable for the entire balance, whether or not it exceeds the credit limit. The cardholder agrees to repay forthwith on demand any amount that exceeds the credit limit.
Maximum Credit Amount. Any use of credit established in Section 2 is subject to a credit limit the amount of which is indicated on the statement of account. This limit may be increased at the Federation’s discretion, if the cardholder makes a request to that effect, or revised downward if the Federation deems it appropriate after having analyzed the cardholder’s file. Any purchase which results in the applicable credit limit being exceeded shall be regarded as a request to increase the credit limit to the maximum amount that can then be granted to the cardholder, taking into consideration the applicable credit granting standards.
Maximum Credit Amount. The authorized representative may not exceed the credit limit the amount of which is indicated on the monthly statement of account. This limit may be increased, at the Federation’s discretion, should the card program manager make and authorize a request to that effect. The Federation reserves the right to cancel or amend the credit limit of an authorized representative at its entire discretion and at any time without notice to the holder, in accordance with the applicable credit policies and standards of the Federation. Any cash advance, cheque or regular purchase which results in the applicable credit limit granted to the authorized representative being exceeded may be regarded as a request to increase the credit limit to the max- imum amount that can then be granted to the company, taking into consideration the applicable credit granting standards of the Federation.
Maximum Credit Amount. The least of the following: (i) the maximum amount of Outstanding Obligations without causing a violation of §9.1; (ii) the maximum amount of Outstanding Obligations without causing a violation of §9.2; and (iii) the Total Commitment. Maximum Rate. See §29.
Maximum Credit Amount. Any use of credit established in Section 2 is subject to a credit limit, which is indicated on every account statement. Either limit may be increased, at the Federation’s discretion, upon request from the cardholder, or decreased if the Federation deems it appropriate after analyzing the cardholder’s file. Any cash advance, cheque or purchase which results in the applicable credit limit being exceeded shall be regarded as a request to increase the credit limit to the maximum amount that can then be granted to the cardholder, taking into consideration the applicable credit granting standards. The Federation has no obligation to allow the cardholder to exceed his credit limit, even if it has done so in the past. The cardholder understands that the Federation may decide not to authorize any transaction that will result in the cardholder’s credit limit being exceeded or that takes place after the credit limit has been exceeded. The cardholder is liable for the entire balance, whether or not it exceeds the credit limit. The cardholder agrees to repay forthwith on demand any amount that exceeds the credit limit.
Maximum Credit Amount. (a) The Maximum Credit Amount shall be, at any one time, (before taking into account the deviances from the Projections expressly permitted under subsections (b) and (c) of this Section 2.2) the lesser of (i) $27,040,000.00 or (ii) the sum of (x) eighty percent (80%) (or such greater or lesser percentage thereof as the Agent, in its sole and absolute discretion, determine from time to time (such percentage in effect from time to time, the "Accounts Advance Percentage")) of the Net Amount of Eligible Accounts which have been validly assigned to the Agent and in which the Agent holds a security interest pursuant to the terms hereof ranking prior to and free and clear of the interests, claims and rights of others, (y) the Shortfall Amount, and (z) the Projected Letter of Credit Exposure.
(b) The Agent may, in its sole and absolute discretion, deem the Shortfall Amount to be increased by an amount of up to $2,000,000 at any time during any month (excluding the last day of such month).
(c) The Agent may, in its sole and absolute discretion, allow the Maximum Credit Amount to be increased by an amount of up to $2,000,000 at any time during any month (excluding the last day of such month).
Maximum Credit Amount. After giving effect to the Loans to be made or Letters of Credit to be issued, the aggregate principal amount outstanding of all Loans plus the then current L/C Exposure shall not exceed the Maximum Credit Amount. Each request for a Borrowing or issuance of a Letter of Credit hereunder shall be deemed to be a representation and warranty by the Borrower on the date of such Borrowing or issuance of a Letter of Credit hereunder as to the matters specified in paragraphs (c), (d) and (e) of this Section 4.2.
Maximum Credit Amount. Any use of credit determined in section 2 is subject to a credit limit set by Desjardins and is determined by Desjardins and indicated on the account statement. Credit limits may be increased upon request, at Desjardins' discretion, or decreased if Desjardins deems it appropriate after having analyzed the cardholder’s file. Any purchase which results in the applicable credit limit being exceeded will be regarded as a request to increase the credit limit to the maximum allowable, taking into consideration the applicable credit granting practices.
