Available Credit Limit definition

Available Credit Limit means the remaining Credit Limit after all my Installment Loan availments, Cash Advance transactions, fees and charges and interests have been deducted and all my payments have been added.
Available Credit Limit means the credit limit allocated by American Express to Cardmember’s Account inclusive of all Supplementary Cards less previous balances less all new Charges.
Available Credit Limit means maximum amount that Cardholder is permitted to spend using Credit Card from time to time which equals the limit minus the Outstanding Balance. ‘’Credit Card Limit" means maximum amount of credit available on the Credit Card granted to the Cardholder and Cardholder is permitted to spend only within that limit.

Examples of Available Credit Limit in a sentence

  • The Available Credit Limit (i.e. the Credit Limit available for use) at the time of the statement generation is provided as a part of the statement.

  • Beginning no later than 0800 and ending at 0945 each Business Day, ERCOT shall post to the MIS Certified Area, approximately every 15 minutes, each active Counter-Party’s remaining Available Credit Limit (ACL) for that day’s DAM and the time at which the report was run.

  • Available Credit Limit: Available credit limit is derived by subtracting the current outstanding on the credit card from credit limit allocated on the card.

  • Replace paragraph (3) above with the following upon system implementation:] (3) The term “Remainder Collateral” in this Section means the Secured Collateral minus Total Potential Exposure Secured (TPES) minus Net Positive Exposure of approved Congestion Revenue Right (CRR) Bilateral Trades minus Available Credit Limit (ACL) locked for CRR Auction, calculated in accordance with paragraph (3) of Section 16.11.4.6.1, Credit Requirements for CRR Auction Participation.

  • ERCOT must re-examine DAM credit parameters immediately if Counter-Party exceeds 90% of its Available Credit Limit (ACL) available to DAM.


More Definitions of Available Credit Limit

Available Credit Limit means the credit limit allocated by the Issuer to Card holder’s Account inclusive of all Supplementary Cards less previous balances less all new Charges.
Available Credit Limit. The available Credit Limit at any time is the difference between assigned Credit Limit & Outstanding balance on the Card at that point of time. • The credit limits will vary for each Cardholder and will be disclosed in the monthly statement sent to the Cardholder • Credit Limit is basis bank criteria and maybe changed as per banks discretion though the same would be pre informed to customers (through relevant communication channel) BILLING & STATEMENT • The Bank will send at your mailing address, a statement once a month for each billing period (hereinafter “Statement”) during which there is any transaction or outstanding on the Card Account. • The Bank may choose to send the Statement through one or more of the following modes - Post, &/or Email. Non receipt of Statement(s) would not affect your obligations and liabilities under this Agreement and you shall be liable to settle the Total Amount Due (TAD) before the Payment Due Date. The Bank reserves the right to not send physical statements by mail / courier to customers who have an outstanding balance less than Rs.100/-. These customers however, can access their statements online and avail of e-statements. In case of any change in your communication address, you are advised to contact the Bank immediately to ensure that you receive Statements regularly and on time. Monthly Statement of Account will be provided by the Bank to you only up to a period of twelve months preceding your request subject to payment of service charge, subject to change as per the discretion of the Bank, as specified in other fees and charges. • As per the Mastercard regulation, in case of a discrepancy, it is mandatory to inform the bank in writing to initiate a Charge Dispute on your behalf. We would request you to email or send us the signed dispute form available on our website xxxx://xxx.xxxxxxx.xxx/consumer/creditcard/ disputeform.pdf. If the aforesaid discrepancies are prima facie found to be legitimate by the Bank, the Bank may reverse the charge on a temporary basis until the completion of subsequent investigations by the Bank to its full and final satisfaction. If the said investigations conducted by the Bank indicate that the liability of such (discrepancies) charges is accruing to the said Cardmember(s), then the charge will be reinstated in the subsequent Statement and fees/charges shall be claimed by the Bank in accordance to the charges indicated herein above. Notwithstanding the provisions herein, the Bank shall not...
Available Credit Limit. (line of credit) refers to the remaining amount available for advance on a line of credit
Available Credit Limit means maximum amount that Cardholder is permitted to spend using Credit Card from time to time which equals the limit minus the Outstanding Balance.
Available Credit Limit means an amount being the CreditLimit less the Outstanding Loan Balance.
Available Credit Limit means the amount of credit available at any point in time in connection with your Continuing Credit Contract, being the Credit Limit less any amounts owed by you.
Available Credit Limit means the portion of the Total Credit Limit (also known as Maximum Limit of the Line Facility) which is available for utilisation;