Account Credit Limit definition

Account Credit Limit means the maximum amount of Debt that can remain outstanding and unpaid on an Account;
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Account Credit Limit means the Customer Account Credit Limit, the Cardholder Account Credit Limit or the Finance Office Account Credit Limit, as the case may be.
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Account Credit Limit means the maximum amount of Debt that can remain outstanding and unpaid in an Account;
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Examples of Account Credit Limit in a sentence

  • However, we may (but are not required to, even if we have done so before) permit the Debt to exceed the Account Credit Limit.

  • We may change the Account Credit Limit from time to time, without notice.

  • A Service Administrator is not authorized to perform financial transactions on behalf of the Applicant such as opening an Account, asking for additional Cards on an Account or for an Account Credit Limit increase.

  • If you consistently make late payments or no payments, we may reduce the Card Credit Limit for a particular Card and/or the Account Credit Limit, without notice.

  • When the Debt exceeds the Account Credit Limit at any time during the Account Statement period, an Overlimit Fee will be charged to the Account.

  • If you have more than one Card, we will set an Account Credit Limit representing the total credit limit for all Cards.

  • We may, at any time, refuse to permit the Debt to exceed the Account Credit Limit and require you to pay any balances that exceed the Account Credit Limit.

  • We will tell you the Account Credit Limit on the documents accompanying each Card when it is issued, and on each Account Statement.

  • If the amounts owing on a Card exceed the Card Credit Limit or the Debt outstanding on an Account exceeds the Account Credit Limit, we may suspend the right to use the Card or the Account, and all services we provided under this Agreement until the excess is paid in full.

  • If you consistently make late payments or no payments, we may reduce the Account Credit Limit without notice.


More Definitions of Account Credit Limit

Account Credit Limit. The maximum portion of the Company Credit Limit that may be used by a particular Account. Account’s New Balance: The entire amount owing on a particular Account.
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Account Credit Limit means the total amount of credit to be made available to the Customer to spend using any Card.
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Account Credit Limit means the limit to which the Buyer may purchase Bulk Fuel Products on its Account, as nominated by BP and communicated to the Buyer from time to time .
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Account Credit Limit means the upper limit established for an extension of credit that the Bank may authorize with respect to an Account.
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Related to Account Credit Limit

  • Credit Limit means the total dollar amount of the Account which we approved and which you may borrow against according to the terms of this Agreement.

  • Credit Account is modified to read “Grant Account”.

  • Maximum Revolving Advance Amount means $30,000,000.

  • Credit Amount has the meaning set forth in Section 4.01(b)(ii).

  • Revolving Credit Percentage as to any Revolving Credit Lender at any time, the percentage which such Lender's Revolving Credit Commitment then constitutes of the Total Revolving Credit Commitments (or, at any time after the Revolving Credit Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender's Revolving Credit Loans then outstanding constitutes of the aggregate principal amount of the Revolving Credit Loans then outstanding).

  • Letter of Credit Amount the stated maximum amount available to be drawn under a particular Letter of Credit, as such amount may be reduced or reinstated from time to time in accordance with the terms of such Letter of Credit.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances outstanding.

  • Revolving Line is an Advance or Advances in an amount equal to Ten Million Dollars ($10,000,000).

  • Revolving Committed Amount shall have the meaning set forth in Section 2.1(a).

  • Maximum Credit Amount means, as to each Lender, the amount set forth opposite such Lender’s name on Annex I under the caption “Maximum Credit Amounts”, as the same may be (a) reduced or terminated from time to time in connection with a reduction or termination of the Aggregate Maximum Credit Amounts pursuant to Section 2.06(b) or (b) modified from time to time pursuant to any assignment permitted by Section 12.04.

  • Revolving Facility Credit Exposure means, at any time, the sum of (a) the aggregate principal amount of the Revolving Loans outstanding at such time, (b) the Swingline Exposure at such time and (c) the Revolving L/C Exposure at such time. The Revolving Facility Credit Exposure of any Revolving Lender at any time shall be the product of (i) such Revolving Lender’s Revolving Facility Percentage and (ii) the aggregate Revolving Facility Credit Exposure of all Revolving Lenders, collectively, at such time.

  • Revolving Advances means Advances made other than Letters of Credit.

  • Letter of Credit Availability Period the period from and including the Closing Date to but excluding the Letter of Credit Maturity Date.