Over Credit Limit Fee Sample Clauses

Over Credit Limit Fee. We will charge the over credit limit fee specified in the Schedule of Fees & Charges if your current balance exceeds the credit limit of your Card Account.
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Over Credit Limit Fee. If your account balance exceeds your credit limit you agree to pay a fee of up to $15.00.
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Over Credit Limit Fee. If you agree, you will be charged this fee when a transaction causes you to go over or remain over any of your credit limits during any billing cycle.
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Over Credit Limit Fee. Business Rewards Preferred Mastercard® only – If the balance exceeds the Credit Line by greater than or equal to $.01, a fee will apply, and will be again applied each billing cycle that the balance exceeds the Credit Line. Business Rewards Select Mastercards® may not go over the Credit Line. Security Interest for Business Rewards Select Mastercard® Credit Card only. Customer has pledged, assigned and transferred all right and interest, and given us a security interest, in and to all funds now or hereafter deposited in the Pledged Deposit Account, but only to the extent of the amount of the Credit Line, including all interest earned. Our security interest in this Pledged Deposit Account extends to any successor to or replacement for the Pledged Deposit Account and to any funds or interest deposited in such successor to or replacement for the Pledged Deposit Account, but only to the extent of the amount of the Credit Line. The Pledged Deposit Account secures Customer’s obligations to us under this Agreement until the Account has been terminated or canceled and all obligations and indebtedness under this Agreement have been satisfied. Additional terms pertaining to the Pledged Deposit Account are set forth in our Pledge of Certificate of Deposit (for Secured Credit Card) Agreement.
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Over Credit Limit Fee. The authorization parameters of your credit card will not allow for over limit transactions. Therefore, no Over Credit Limit Fee will be assessed. LIABILITY FOR UNAUTHORIZED USE: You must notify us immediately, orally or in writing, at East Texas Professional Credit Union; X.X. Xxx 0000; 000 X. Xxxx 000; Xxxxxxxx, XX 00000; Telephone No. (000) 000-0000 or (000) 000-0000, if you believe your card and/or code has been lost or stolen, or if you believe that an electronic fund transfer has been made without your permission. You will not be liable for any unauthorized transaction using your MasterCard branded card if: (a) you can demonstrate that you have exercised reasonable care in safeguarding your card from the risk of loss or theft, and (b) upon becoming aware of a loss or theft, you promptly (within 2 business days) report the loss to us. You may lose as much as $500 if you do not promptly tell us after you learn of the loss or theft of your card and/or code, and we can prove we could have stopped someone from using your card and/or code if you had told us. You may not get back any money you lost if your statement shows transfers you did not make, including those made by card, code, or other means, and you do not tell us within 60 days after the statement was mailed to you. PROHIBITED CARD USE FOR ILLEGAL TRANSACTIONS: You may not use your card for any illegal transaction, such as gambling or the purchase of goods or services used for gambling. You agree that we may decline to process any transaction which we believe in good faith to be for an illegal purpose. You agree that we will not be liable for declining to process any such transaction. If we do process any transaction which ultimately is determined to be for an illegal purpose, you agree that you will remain liable to us under this Agreement for any such transaction notwithstanding its illegal nature. CREDITING OF PAYMENTS: If your payment is received at any of our offices or at the address designated on the periodic statement by 5:00 p.m. Central Time (during the Credit Union designee’s business day), it will be credited to your account effective on that date. However, the available credit limit may not be adjusted for the result of said payment for as much as five (5) days. Payments or credit will be applied first to any FINANCE CHARGE then due and the remainder to the unpaid balance. SECURITY: YOU SPECIFICALLY GRANT US A CONSENSUAL SECURITY INTEREST IN ALL INDIVIDUAL AND JOINT ACCOUNTS YOU HAVE ...
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Over Credit Limit Fee. We will add a $15 fee to the balance if at any time during the billing period your balance exceeds your credit line. You can receive the fee once during the billing cycle. We may add this $15 fee even if we authorize the transaction that causes the balance to exceed your credit line.
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Over Credit Limit Fee. $25I The Business will be charged this fee if the Credit Limit is exceeded at any time during a statement period. We will charge this fee one time in a statement period, even if the Credit Limit is exceeded more than one time in that statement period. f the reason the Credit Limit is exceeded is that a Merchant has placed a temporary authorization on the Visa Account, the Business will not be charged this fee. For example, if the Visa Card was used to buy gas, sometimes the gas station will place a temporary authorization on the Visa Account for an amount that is higher than the actual purchase. If that temporary authorization is what puts the Business over its Credit Limit, we will not charge the Business this fee. Account Maintenance Fee $10 The Business will be charged $10 or the full amount of the positive credit balance, whichever is lower, is charged to your account when there’s been no transactions or activity for 12 consecutive months and there is a positive credit balance. Check your statements monthly and give us a call to discuss your options if you have a positive balance and aren’t planning on using your card. Foreign Currency Administration Fee 2.5% Exchange rate We will xxxx the Business in Canadian dollars if the Visa Card is used to make Transactions in a foreign currency. We will convert Transactions in U.S. dollars directly to Canadian dollars at the exchange rate established by Visa in effect at the time we process the Transaction. For other foreign currencies, the Transaction is first converted to U.S. dollars and then to Canadian dollars at the exchange rates in effect at the time we process the Transaction.
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Related to Over Credit Limit Fee

  • Credit Limits 18.1 The Client understands that:

  • Credit Limit 1. The Allocation Platform shall calculate and continuously update the Credit Limit of each Registered Participant in respect of each subsequent Auction. The Credit Limit shall be equal to the amount of the collaterals in place minus any outstanding payment obligations. In case of a Bank Guarantee such Bank Guarantee shall be only considered if the requirements in Article 20 related to its validity for the respective Auction are fulfilled. The Allocation Platform shall make this information available to each Registered Participant individually through the Auction Tool.

  • Facility Fee The Company shall pay to the Administrative Agent for the account of each Lender in accordance with its Applicable Percentage, a facility fee, in Dollars, equal to the Applicable Rate for facility fees times the actual daily amount of the Aggregate Commitments (or, if the Aggregate Commitments have terminated, on the Outstanding Amount of all Committed Loans, Swing Line Loans and L/C Obligations), regardless of usage, subject to adjustment as provided in Section 2.18. The facility fee shall accrue at all times during the Availability Period (and thereafter so long as any Committed Loans, Swing Line Loans or L/C Obligations remain outstanding), including at any time during which one or more of the conditions in Article IV are not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Date, and on the last day of the Availability Period (and, if applicable, thereafter on demand). The facility fee shall be calculated quarterly in arrears, and if there is any change in the Applicable Rate for facility fees during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Rate for facility fees separately for each period during such quarter that such Applicable Rate for facility fees was in effect.

  • Letter of Credit Fees The Borrower shall pay to the Administrative Agent for the account of each Revolving Credit Lender in accordance, subject to Section 2.16 with its Applicable Revolving Credit Percentage a Letter of Credit fee (the “Letter of Credit Fee”) for each Letter of Credit equal to the Applicable Rate times the daily amount available to be drawn under such Letter of Credit. For purposes of computing the daily amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. Letter of Credit Fees shall be (i) due and payable on the first Business Day after the end of each March, June, September and December, commencing with the first such date to occur after the issuance of such Letter of Credit, on the Letter of Credit Expiration Date and thereafter on demand and (ii) computed on a quarterly basis in arrears. If there is any change in the Applicable Rate during any quarter, the daily amount available to be drawn under each Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. Notwithstanding anything to the contrary contained herein, upon the request of the Required Revolving Lenders, while any Event of Default exists, all past due Letter of Credit Fees shall accrue at the Default Rate.

  • Commitment Fee The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Credit Lender under each Facility in accordance with its Pro Rata Share, a commitment fee equal to the Applicable Rate with respect to commitment fees times the actual daily amount by which the aggregate Revolving Credit Commitment exceeds the sum of (A) the Outstanding Amount of Revolving Credit Loans (which shall exclude, for the avoidance of doubt, any Swing Line Loans) and (B) the Outstanding Amount of L/C Obligations; provided that (x) any commitment fee accrued with respect to any of the Commitments of a Defaulting Lender during the period prior to the time such Lender became a Defaulting Lender and unpaid at such time shall not be payable by the Borrower so long as such Lender shall be a Defaulting Lender except to the extent that such commitment fee shall otherwise have been due and payable by the Borrower prior to such time and (y) no commitment fee shall accrue on any of the Commitments of a Defaulting Lender so long as such Lender shall be a Defaulting Lender. The commitment fee on each Revolving Credit Facility shall accrue at all times from the Closing Date until the Maturity Date for the Revolving Credit Facility, including at any time during which one or more of the conditions in Article IV is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date during the first full fiscal quarter to occur after the Closing Date, and on the Maturity Date for the Revolving Credit Facility. The commitment fee shall be calculated quarterly in arrears, and if there is any change in the Applicable Rate during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect.

  • COMBINED CREDIT LIMIT 3.1 Must not exceed combined credit limit Subject to clause 12.2, you must not use the card such that the total outstanding balance exceeds your combined credit limit.

  • Refinancing Preparation Advance; Capitalizing Front-end Fee and Interest (a) If the Loan Agreement provides for the repayment out of the proceeds of the Loan of an advance made by the Bank or the Association (“Preparation Advance”), the Bank shall, on behalf of such Loan Party, withdraw from the Loan Account on or after the Effective Date the amount required to repay the withdrawn and outstanding balance of the advance as at the date of such withdrawal from the Loan Account and to pay all accrued and unpaid charges, if any, on the advance as at such date. The Bank shall pay the amount so withdrawn to itself or the Association, as the case may be, and shall cancel the remaining unwithdrawn amount of the advance.”

  • Commitment Charge; Credit; Maturity Premium (a) The Borrower shall pay a commitment charge on the unwithdrawn amount of the Loan at the rate and on the terms specified in the Loan Agreement.

  • Applicable credit limit Each supplementary cardmember must not carry out card transactions such that the outstanding balance incurred by such supplementary cardmember exceeds the lower of the credit limit assigned to such supplementary cardmember or the account credit limit. The basic cardmember and all supplementary cardmembers must not carry out card transactions such that the total outstanding balance respectively incurred by them exceeds the combined credit limit.

  • Credit Line If your application is approved by us, this agreement will constitute a revolving line of credit for an amount which will be the credit line under your Account. We will advise you of the amount of your credit line. That amount will be the maximum amount you may have outstanding at any time. You agree not to attempt to obtain more credit than the amount of your credit line. However, if you temporarily exceed your credit line, you agree to repay the excess immediately, even if we have not yet billed you. Obtaining such credit does not increase your credit line and if you exceed your Credit Limit repeatedly, we may suspend your credit privilege under this Agreement. We retain the right to increase or decrease your credit line at any time for any reason. Any increase of reduction on the limit of your credit line will be shown on your monthly statement or by separate notice together with any changes in the applicable minimum monthly payments. Your eligibility for this credit line is determined by our loan policy and may be terminated at our sole discretion, without demand or notice. You may close your credit line at any time by notifying us in writing and returning all Cards cut in half. If you terminate this Agreement or if we terminate or suspend your credit privileges, the provisions of this Agreement and your liability hereunder shall otherwise remain in full force and effect until you have paid us all sums due under this Agreement and returned all Cards.

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