Permitted Credit Limit. Permitted Credit Limit means either the limit specified by the Insurer in a Credit Limit Endorsement or where no Credit Limit Endorsement has been issued is an amount not exceeding the Discretionary Credit Limit (if available) that has been established by the Insured in accordance with the criteria outlined in the Schedule.
Appears in 3 contracts
Samples: Excess of Loss Trade Credit Insurance Policy, Factoring Trade Credit Insurance Policy, Comprehensive Trade Credit Insurance Policy
Permitted Credit Limit. Permitted Credit Limit means either is the limit specified by the Insurer in a Credit Limit Endorsement or where no Credit Limit Endorsement has been issued is an amount not exceeding the Discretionary Credit Limit (if available) that has been established by the Insured in accordance with the criteria outlined in the ScheduleEndorsement.
Appears in 3 contracts
Samples: Trade Credit Insurance Policy, Trade Credit Insurance Policy, Commercial Tenant Default Insurance Policy
