Combined Credit Limit definition

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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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 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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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.

  • After such request has taken effect, Card Transactions which result in the outstanding balance under the Card Account exceeding the Credit Limit or Combined Credit Limit will not be approved.

  • The Cardholder must strictly observe any Credit Limit specifically designated to him and/or, as the case may be, such Combined Credit Limit designed to him or all of them.

  • 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).

  • The Cardholder may apply to us for a review of such Credit Limit and/or Combined Credit Limit at any time, but we are entitled to determine the application at our absolute discretion.

  • The Bank may reduce the Combined Credit Limit at any time without giving prior notice to the Cardmember and increase the Combined Credit Limit at any time with prior notice.

  • By applying for and being granted the Combined Credit Limit, you entered into an agreement of credit limit extension between you and us.

  • 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.

  • 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.

  • May Not Allow Card Transactions Without prejudice to any of the Bank’s right and remedies, the Bank is entitled, at any time in the Bank’s absolute discretion and without giving any reason or notice, to refuse to approve any proposed Card Transaction notwithstanding that the Outstanding Balance, if the proposed Card Transaction was debited hereto, would not have exceeded the Combined Credit Limit.


More Definitions of Combined Credit Limit

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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Combined Credit Limit the maximum limit permitted by the Bank in respect of which the
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Combined Credit Limit means the total Regular Credit Limit for multiple cardholders.
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Related to Combined 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.

  • Credit Line as defined in Section 2.1.

  • Revolving Credit Availability means, at any particular time, the amount by which the Maximum Revolving Credit Amount at such time exceeds the Revolving Credit Obligations at such time.

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

  • Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.

  • 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(b).

  • Maximum Credit means, at any time, the lesser of (i) the Revolving Credit Commitments in effect at such time and (ii) the Borrowing Base at such time.

  • Revolving Credit Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Credit Commitment Termination Date and the date of termination of the Revolving Credit Commitments.

  • Revolving Facility Usage means at any time the sum of the outstanding Revolving Credit Loans, the outstanding Swing Loans, and the Letter of Credit Obligations.

  • 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.

  • Credit Line Agreement means, with respect to each HELOC, the related home equity line of credit agreement, account agreement and promissory note (if any) executed by the related Mortgagor and any amendment or modification thereof.

  • Maximum Swingline Amount means $5,000,000.

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

  • Total Revolving Credit Exposure means, as to any Revolving Lender at any time, the unused Commitments and Revolving Exposure of such Revolving Lender at such time.

  • Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.

  • 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 Lender at any time, the sum of (i) the aggregate principal amount of its Revolving Loans outstanding at such time, plus (ii) an amount equal to its Pro Rata Share of the aggregate principal amount of Swing Line Loans outstanding at such time, plus (iii) an amount equal to its Pro Rata Share of the LC Obligations at such time.

  • Swing Line Availability has the meaning ascribed to it in Section 1.1(c)(i).

  • Total Revolving Credit Outstandings means the aggregate Outstanding Amount of all Revolving Credit Loans, Swing Line Loans and L/C Obligations.

  • Revolving Dollar Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Loans at such time made or incurred under the Dollar Commitments.

  • Swing Line Outstandings means, as of any date of determination, the aggregate principal amount of all Swing Line Loans then outstanding.

  • Revolving Availability means, at the time of determination, (a) the sum of all Revolving Commitments at such time less (b) the sum of the principal amount of Revolving Loans made and outstanding at such time.

  • Line of Credit Note shall have the meaning given the term in Section 2.1.a.

  • Revolving Loan Outstandings means at any time of calculation the sum of the then existing aggregate outstanding principal amount of Revolving Loans and the then existing Letter of Credit Liabilities.

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