Common Contracts

1 similar Credit Agreement contracts

CREDIT AGREEMENT
Credit Agreement • September 28th, 2017

FINANCIAL INFORMATION Credit Limit £[***CreditLimit***]. We may vary the Credit Limit at any time and without notice to such sum as We mayfrom time to time determine under this agreement and shall notify You of any such change. Duration of agreement This agreement has no fixed duration. Repayment On or before the Payment Date You must either:a) Pay the Minimum Repayment, orb) Repay the Balance Outstanding in full, orc) Reduce the Balance Outstanding by more than a) but less than b).We will deduct the amount in b) above from Your Account unless You tell Us otherwise.If You would like to pay the minimum payments only, and/or an additional amount that is less than the Balance Outstanding, please contact Us at the email address provided.Where You pay less than the Balance Outstanding or make further draw downs against the Credit Limit then repayment of the remaining Balance Outstanding will be deferred to the Payment Date of the following month. You will continue to make the payments in a)

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