Cardholder Limit definition

Cardholder Limit the sums approved by the Bank as the maximum amounts of spending permitted for each Cardholder during a Billing Cycle (including any Card transactions not yet debited and any authorisations the Bank has given in respect of prospective Card transactions).
Sample 1Sample 2Sample 3
Cardholder Limit the sums approved by the Bank under clause 2.13 as the maximum amounts of spending permitted for each Cardholder during a Billing Cycle (including any Card Transactions not yet debited and any authorisations the Bank has given in respect of prospective Card Transactions). A Cardholder Limit cannot be increased by the Business such that the total of all Cardholder Limits exceeds the Scheme Limit.
Sample 1
Cardholder Limit the maximum value of Transactions the Business has allowed the Cardholder to spend each month under the Cardholder Account.
Sample 1

Examples of Cardholder Limit in a sentence

  • The Business Representative will then be responsible for advising the Cardholder of the change in the Cardholder Limit, together with the date the change will take effect, as notified by us.

  • We have the right to refuse authorisation for any particular Card Transaction if reasonable, for example if the Card Transaction results in the Business or Cardholder Limit being exceeded, you are in breach of this Agreement, or we (or the systems we use) reasonably suspect the Card Transaction is fraudulent.

  • Cardholder Limit: the sum promptly notified in writing to us by the Business from time to time for the Cardholder per billing cycle being the maximum amount of spending permitted by the Business for the Cardholder using the Business Charge Card.

  • A Cardholder Limit cannot be increased by the Business such that the total of all Cardholder Limits exceeds the Business Limit.

  • We have the right to refuse authorisation for any particular Transaction if reasonable, for example if the Transaction results in the Business or Cardholder Limit being exceeded, you are in breach of this Agreement, or we (or the systems we use) reasonably suspect the Transaction is fraudulent.

  • We will not increase the Business Limit or any Cardholder Limit without telling you.

  • If a Cardholder wishes to change their Cardholder Limit they must refer to you and you may request us to consider a change.

  • The Business Representative is responsible for telling the Cardholder about changes in their Cardholder Limit.

  • Provided that such change does not take the aggregate of the Cardholder Limits over the Business Limit, we will confirm and put into effect the new Cardholder Limit within 10 Business Days of receipt of such notification.

  • We can decline Transactions that take a Cardholder over their Cardholder Limit or take you over the Business Limit.


More Definitions of Cardholder Limit

Cardholder Limit a limit on the total unsettled balance which may be accrued on a Cardholder Account at any one time.
Sample 1

Related to Cardholder Limit

  • Cardholder means a person authorized to use a Card.

  • Cardholder Data has the meaning defined by the PCI Security Standards Council, Payment Card Industry (PCI) Data Security Standard (DSS) and Payment Application Data Security Standard (PA-DSS), Glossary of Terms, Abbreviations, and Acronyms, Version 3.0, January 2014, currently available online at: xxxxx://xxx.xxxxxxxxxxxxxxxxxxxx.xxx/documents/PCI_DSS_Glossary_v3.pdf.

  • Cardholder(s) persons authorized to use Association or Network branded cards.

  • Primary Cardholder means the person who applied for a Card, whose name is on the Account and who a Card is issued to. Purchase means any Transaction other than a Cash Advance.

  • Principal Cardholder means a Cardholder who has been issued with a Principal Card;

  • Cardholder Agreement means the agreement between Bank and a Cardholder governing the terms and use of a Card.

  • Card Account means the account maintained with the Bank in respect of the card;

  • Covered Amount means, for any Distribution Date with respect to the Controlled Accumulation Period or the first Special Payment Date, if such Special Payment Date occurs prior to the date the Class A Invested Amount is paid in full, an amount equal to the sum of (x) with respect to the Class A Certificates, the product of (i) the Class A Certificate Rate, (ii) a fraction, the numerator of which is the actual number of days from and including the prior Distribution Date to but excluding the then current Distribution Date and the denominator of which is 360 and, (iii) the Principal Funding Account Balance, if any, as of the preceding Distribution Date that is allocable to the principal of the Class A Certificates and (y) with respect to the Class B Certificates, the product of (i) the Class B Certificate Rate, (ii) a fraction, the numerator of which is the actual number of days from and including the prior Distribution Date to but excluding the then current Distribution Date and the denominator of which is 360 and (iii) the Principal Funding Account Balance, if any, as of the preceding Distribution Date that is allocable to the principal of the Class B Certificates.

  • Cardholder Information means any non-public, sensitive information about a Cardholder, including any combination of Cardholder name plus the Cardholder’s social security number, driver’s license or other identification number or credit or debit card number, or other bank account number.

  • Card Number means the 16-digit number on the front of your Card.

  • Card means any card or other account access device we issue for the purpose of accessing your account.

  • Additional Cardholder means the person you have authorised to use a prepaid card connected to your account, who you agree is authorised to undertake transactions on your behalf and who is also subject to these terms and conditions

  • Private label credit card means any charge card, credit card, or other instrument serving a similar purpose that carries, refers to, or is branded with the name or logo of a vendor and that can only be used for purchases from the vendor.

  • Customer Account Information means personally identifiable information including Personal Data and Consumption Data. Customer Account Information also includes information received by the Company from the customer for purposes of participating in regulated utility programs, including, but not limited to bill pay assistance, shutoff protection, renewable energy, demand-side management, load management, or energy efficiency.

  • Covered Account means an Account established by a financial intermediary for another as the owner of record on the Fund Registry and through which such owner of record has the ability to conduct transactions in Fund shares directly with and through BNYM.

  • Credit Card Account means the Account of the Cardmember opened with Maybank for the purpose of this Agreement;

  • Merchant Account means the merchant account facility agreed between you and the Merchant Acquiring Bank.

  • Chargebacks means all chargebacks, credits, reimbursements and related adjustments, in each case other than Rebates, that are charged by wholesalers, group purchasing organizations, managed care entities, distributors and other selling agents.

  • Supplementary Cardholder means the person who has been issued a Supplementary Card.

  • Applicable Share Limit means a number of Shares equal to (A) the minimum number of Shares that could give rise to reporting or registration obligations or other requirements (including obtaining prior approval from any person or entity) of a Dealer Person, or could result in an adverse effect on a Dealer Person, under any Applicable Restriction, as determined by Dealer in its reasonable discretion, minus (B) 1% of the number of Shares outstanding.

  • Participant Account means that separate account maintained under the Plan to record the amount that a Participant has contributed to the Plan during an Offering Period.

  • Advanced computing means any technology used in the design and development of 1 or more of the following:

  • Covered Accident means an Accident that occurs while coverage is in force and results in a loss for which benefits are payable.

  • Native Load Customers means the wholesale and retail power customers of a Transmission Owner on whose behalf the Transmission Owner, by statute, franchise, regulatory requirement, or contract, has undertaken an obligation to construct and operate the Transmission Owner’s system to meet the reliable electric needs of such customers.

  • Prepaid Card means the MasterCard Prepaid Card that you have purchased from us;

  • account information service means an online service to provide consolidated information on one or more payment accounts held by the payment service user with either another payment service provider or with more than one payment service provider;