Common use of REDUCTION OF CREDIT LIMIT OF CARD ACCOUNT Clause in Contracts

REDUCTION OF CREDIT LIMIT OF CARD ACCOUNT. The Credit Limit of your Card Account shall be reduced by an amount equivalent to the total outstanding Balance Transfers in your Balance Transfer Account(s) from time to time. Notwithstanding the foregoing, you shall pay us on demand the amount, if any, by which the aggregate of the outstanding balance on your Card Account and the total outstanding Balance Transfers exceeds the Credit Limit of your Card Account.

Appears in 10 contracts

Samples: Cardmember Agreement, Cardmember Agreement, Cardmember Agreement

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REDUCTION OF CREDIT LIMIT OF CARD ACCOUNT. The Credit Limit of your Card Account shall be reduced by an amount equivalent equal to the total outstanding Balance Transfers in your Balance Transfer Account(s) from time to time. Notwithstanding the foregoing, you You shall pay us on demand the amount, if any, by which the aggregate sum of the total outstanding balance on your Card Account and the total outstanding Balance Transfers exceeds the Credit Limit of your Card Account.

Appears in 3 contracts

Samples: Credit Cardmember Agreement, Credit Cardmember Agreement, Credit Cardmember Agreement

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