Combined Credit Limit definition

Combined Credit Limit means the aggregate maximum amount the Principal Cardholder and the Supplementary Cardholder (if any) are entitled to have outstanding on the Card Account as specified in the Statement.
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Combined Credit Limit mean the limit stipulated by the bank from time to time applicable to all the Card Accounts held by the Cardholder. Unless the context otherwise requires, the masculine gender includes the feminine and neuter.
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Combined Credit Limit means the combined credit limit applicable to the Cardmember’s HKD Account and RMB Account as solely and absolutely determined by the Bank from time to time. The Combined Credit Limit will be shared among all Dual Currency Credit Card Accounts (including HKD & RMB accounts) maintained with the Bank. The Combined Credit Limit is calculated in HKD.
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Examples of Combined Credit Limit in a sentence

  • The Principal Cardholder must not use the Cards and, as the case may be, together with any Supplementary Cardholder jointly, to an aggregate total amount exceeding the Combined Credit Limit.

  • However, we may at our absolute discretion permit transaction to be effected in excess of the Credit Limit or Combined Credit Limit and the Cardholder shall be liable for such transaction and the related fees and charges (including without limitation over-the-limit fee).

  • Each Card may have a different sub-credit limit as requested by the Corporate Account Holder provided that the combined sub-credit limit of all the Cards issued under the Card Account shall not exceed the Combined Credit Limit.

  • The Combined Credit Limit is applicable to the Corporate Account Holder and all Cardholders and the Corporate Account Holder and the Cardholders must not carry out Card Transactions such that the Outstanding Balance respectively incurred by them exceeds the Combined Credit Limit.

  • For the purpose of this Agreement, the expression “subcredit limit” means the individual credit limit applicable to each Card as requested by the Corporate Account Holder where the total of all such individual sub-credit limit shall not exceed the Combined Credit Limit.

  • In Calculating whether the Combined Credit Limit has been exceeded, the Bank may take into account the amount of any Card Transaction which the Cardholder may have carried out but which has not been debited to the Cardholder’s Card Account and any proposed Card Transaction for which the Bank has given authorization to a third party.

  • Without prejudice to and notwithstanding the other provisions of this Agreement, the Bank may (but shall not be under any obligation to do so) in its absolute discretion allow or approve any Card Transaction which will result in the Outstanding Balance exceeding the Combined Credit Limit.

  • Provided, a) that the maximum Benefit payable for any one Event shall not exceed the amount equivalent to 360% of the Insured Debtor’s Combined Credit Limit / Regular Credit Limit or Php 1,800,000, whichever is lower and b) that any retail or cash advance transactions, including finance charges accrued to these, made after the date of occurrence of the Event, shall not be covered by the INSURER.

  • The Combined Credit Limit is applicable to the Principal Cardholder and all Supplementary Cardholder must not carry out Card Transactions such that the Outstanding Balance respectively incurred by them exceeds the Combined Credit Limit.

  • Bank the amount in excess of the Combined Credit Limit in such manner and to such account as the Bank may in the Bank’s absolute discretion direct and the Bank may communicate this direction to the Corporate Account Holder by any means the Bank deem fit.


More Definitions of Combined Credit Limit

Combined Credit Limit the maximum limit permitted by the Bank in respect of which the Outstanding Balance must not exceed at any time and if the Cardholder has more than one Card Account such limit shall be the maximum limit permitted for the Outstanding
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Combined Credit Limit means the total Regular Credit Limit for multiple cardholders.
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Combined Credit Limit means the maximum amount of the credit facility is approved by Citibank for all Citi Credit Card accounts, including thereto from time to time.
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Related to Combined 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.

  • 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 Line of Credit means the Commitments of the Lenders to make Revolving Loans pursuant to Section 3 of this Financing Agreement and assist the Companies in opening Letters of Credit, Bankers Acceptances, Steamship Guarantees and Airway Releases pursuant to Section 5 of this Financing Agreement, in an aggregate amount equal to $250,000,000.

  • Aggregate Outstanding Credit Exposure means, at any time, the aggregate of the Outstanding Credit Exposure of all the Lenders.

  • Revolving Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Revolving Loans and its LC Exposure and Swingline Exposure at such time.

  • Outstanding Credit Exposure means, as to any Bank at any time, the sum of (i) the aggregate principal amount of its Loans outstanding at such time, plus (ii) an amount equal to its Pro Rata Share of the LC Obligations at such time.

  • Line of Credit mean the credit facility described in the Section titled "LINE OF CREDIT" below.