Common use of Spending Limits Clause in Contracts

Spending Limits. 4.1 We may lower the spending limits on the vPayment Account(s) at any time, without prior notice and without stating reasons. Outstanding Charges reduce the set spending limit accordingly. You may only use the vPayment Account(s) within the stipulated spending limit. We may request immediate payment of the amounts owed if spending limits are exceeded.

Appears in 4 contracts

Samples: Vpayment Agreement, Vpayment Agreement, Terms and Conditions

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!