Common use of THE CREDIT LIMIT Clause in Contracts

THE CREDIT LIMIT. Upon approval of the credit card application, the Cardholder will be given a credit limit expressed in pesos, inclusive of the cash advance limit, which represents the maximum outstanding balance, including, but not limited to, any installment transaction/s made using the Credit Card, and all other applicable fees and charges incurred using the Credit Card, that the Cardholder and his/her supplementary member(s) are allowed at any given time subject to security features and credit limit management features that PNB may impose for the benefit of the Cardholder.

Appears in 5 contracts

Samples: Credit Card Agreement, Credit Card Agreement, Credit Card Agreement

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