Common use of Maximum Credit Amount Clause in Contracts

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 authorized representative may not exceed the credit limit limit, the amount of which is indicated in U.S. dollars on the monthly statement of accountaccount statement. This limit may be increased, at the Federation’s discretion, should upon request from the card program manager make and authorize a request to that effectHolder. The Federation reserves the right to cancel or amend the credit limit of an authorized representative representative, at its entire discretion and at any time without notice to the holderHolder or the authorized representative, in accordance with the Federation’s applicable credit policies and standards of the Federationstandards. Any cash advance, cheque advance 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 maximum amount that can then be granted to the companyHolder, taking into consideration the Federation’s applicable credit granting standards of the Federationstandards.

Maximum Credit Amount. The authorized representative may not exceed the credit limit limit, the amount of which is indicated on the monthly statement of account. This limit may be increased, at the Federation’s discretion, should upon request from the card program manager make and authorize a request to that effectholder. 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 holderholder or the authorized representative, 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 maximum amount that can then be granted to the companyholder, taking into consideration the applicable credit granting standards of the Federation.