Assigned Credit Limit definition

Assigned Credit Limit means the credit limit assigned by the Cardholder to the Supplementary Cardholder and notified to the Bank;

Examples of Assigned Credit Limit in a sentence

  • All outstanding balances or unpaid amounts in the Supplementary Card account in a particular month will be transferred to the Principal Cardholder account at the next statement date, following which the Assigned Credit Limit will be reinstated accordingly.

Related to Assigned Credit Limit

  • FTR Credit Limit means the amount of credit established with PJMSettlement that an FTR Participant has specifically designated to be used for FTR activity in a specific customer account. Any such credit so set aside shall not be considered available to satisfy any other credit requirement the FTR Participant may have with PJMSettlement.

  • 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.

  • Letter of Credit Limit means $5,000,000.

  • Credit Line Agreement means the related credit line account agreement for a Mortgage Loan executed by the related mortgagor and any amendment or modification of it.

  • Revolving Loan Documents means the “Loan Documents” as defined in the Revolving Credit Agreement.