Credit Card Limit definition

Credit Card Limit. : shall mean the revolving credit limit approved for each card of customer, including primary card and supplementary card, of which credit limit of primary card and supplementary cards may be different.
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Credit Card Limit means the lesser of (a) the credit limit stated in the applicable credit card agreements for business credit cards issued by Lender for the account of Borrower, or (b) $150,000.
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Credit Card Limit means the maximum amount Bank One allows the Cardholder to deal with the Card Account at any time. “MCIB” means the Mauritius Credit Information Bureau.
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Examples of Credit Card Limit in a sentence

  • All credit cards issued under the Credit Card Limit shall be subject to additional terms set forth in applicable credit card agreements.

  • The entire Credit Card Limit will be treated as an Advance for purposes of determining availability under the Credit Limit and shall decrease, on a dollar-for-dollar basis, the amount available for other Advances.

  • Borrower may use availability hereunder up to the Credit Card Limit for issuance by Lender of business credit cards for Borrower.

  • Seller shall have obtained evidence, reasonably satisfactory to Seller, of its full and unconditional release of their post-Effective Time obligations under the Credit Card Limit Guaranty with respect to the Credit Card Accounts (the “Guaranty Release”).

  • Subject to the terms and conditions of this Agreement, Borrower may request Credit Card Services pursuant to the terms of such Credit Card Services Agreements as may be required by Lender in an aggregate amount not to exceed the Credit Card Limit.

  • Subject to the terms and conditions of this Agreement and availability under the Revolving Line, Borrower may request Credit Card Services pursuant to the terms of such Credit Card Services Agreements as may be required by Bank in an aggregate amount not to exceed the Credit Card Limit.

  • Borrowers may use availability hereunder up to the Credit Card Limit for issuance by Lender of business credit cards for Borrowers.

  • The Credit Card Limit and the aggregate undrawn amount of all outstanding Letters of Credit shall not be included in the outstanding principal balance of the Line of Credit, but shall be included in determining the amount of credit available under the Line of Credit.

  • If at any time (a) the aggregate amount of the outstanding Advances plus the Credit Card Limit plus the Cash Management Reserve plus the aggregate amounts outstanding under the International Sublimit exceeds the Revolving Line or (b) the aggregate amount of Credit Extensions under Credit Card Facility exceeds the Credit Card Limit, then in each case Borrower shall immediately pay to Bank, in cash, the amount of such excess.

  • For purposes of determining the amount of credit available hereunder, Borrower's corporate credit card program with Bank, currently in a maximum amount of $100,000.00, shall, up to the maximum credit limit thereof (the "Credit Card Limit"), be reserved under the Line of Credit and shall not be available for borrowing thereunder.


More Definitions of Credit Card Limit

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.
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Credit Card Limit means the maximum amount Bank One allows the Cardholder to deal with the Card Account at any time.
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Credit Card Limit. Means the total limit allocated by the Bank to the Member and/or Supplementary Card Holder for expenditures to be incurred with the Credit Card CONTACTLESS TRANSACTION LIMIT: Means a usage limit determined by the Bank and/or BKM and/or MASAK which should not be exceeded in expenditures that the Member and/or Supplementary Card Holder will incur without using his password only by showing his credit card or prepaid/debit card, etc. to the card reader device.
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Credit Card Limit means One Hundred Thousand Dollars ($100,000) or such other amount as is approved by Lender in writing.
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Credit Card Limit means $150,000; provided that, upon Bxxxxxxx’s achievement of the Tranche 2 Milestone (as defined in the Supplement), the Credit Card Limit shall automatically increase to $350,000.
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Credit Card Limit means the lesser of (a) the aggregate credit limit under the Credit Card Services Agreements, or (b) One Hundred Thousand Dollars ($100,000).
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Related to Credit Card Limit

  • Credit Card Issuer means any Person (other than a Loan Party) who issues or whose members issue credit cards or debit cards, including, without limitation, MasterCard or VISA bank credit or debit cards or other bank credit or debit cards issued through MasterCard International, Inc., Visa, U.S.A., Inc. or Visa International and American Express, Discover, Diners Club, Xxxxx Xxxxxxx and other non-bank credit or debit cards, including, without limitation, credit or debit cards issued by or through American Express Travel Related Services Company, Inc. or Discover Financial Services, Inc.

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

  • Credit Card Advance Rate means 90%.

  • Credit Card Agreements means all agreements now or hereafter entered into by any Borrower or any Guarantor for the benefit of any Borrower, in each case with any Credit Card Issuer or any Credit Card Processor, as the same now exist or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced, including, but not limited to, the agreements set forth on Schedule 8.16 hereto.

  • Credit Card Receivables means each “payment intangible” (as defined in the UCC) together with all income, payments and proceeds thereof, owed by a Credit Card Issuer or Credit Card Processor to a Loan Party resulting from charges by a customer of a Loan Party on credit or debit cards issued by such Credit Card Issuer in connection with the sale of goods by a Loan Party, or services performed by a Loan Party, in each case in the ordinary course of its business.

  • Credit Card Notification has the meaning assigned to such term in Section 5.11.

  • Credit card means any card, plate, coupon book, or other credit device ex- isting for the purpose of obtaining money, property, labor, or services on credit.

  • Credit/Debit Card means a thin plastic card that contains identification information, with the help of which the cardholder can pay for purchases and services, as well as withdraw cash from the account.

  • Credit Card Processor means any servicing or processing agent or any factor or financial intermediary who facilitates, services, processes or manages the credit authorization, billing transfer and/or payment procedures with respect to any Borrower’s sales transactions involving credit card or debit card purchases by customers using credit cards or debit cards issued by any Credit Card Issuer.

  • Seller credit card means either of the following:

  • Concentration Limit shall have the meaning set forth in the Pricing Side Letter.

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

  • Eligible Accounts are Accounts which arise in the ordinary course of Borrower’s business that meet all Borrower’s representations and warranties in Section 5.3. Bank reserves the right at any time and from time to time after the Effective Date, to adjust any of the criteria set forth below and to establish new criteria in its good faith business judgment. Unless Bank agrees otherwise in writing, Eligible Accounts shall not include:

  • Card Issuer means the financial institution or company which has provided a Card to a Cardholder.

  • Eligible Account Any of (i) an account or accounts maintained with a federal or state chartered depository institution or trust company the short-term unsecured debt obligations of which (or, in the case of a depository institution or trust company that is the principal subsidiary of a holding company, the debt obligations of such holding company) have the highest short-term ratings of each Rating Agency at the time any amounts are held on deposit therein, or (ii) an account or accounts in a depository institution or trust company in which such accounts are insured by the FDIC or the SAIF (to the limits established by the FDIC or the SAIF, as applicable) and the uninsured deposits in which accounts are otherwise secured such that, as evidenced by an Opinion of Counsel delivered to the Trustee and to each Rating Agency, the Certificateholders have a claim with respect to the funds in such account or a perfected first priority security interest against any collateral (which shall be limited to Permitted Investments) securing such funds that is superior to claims of any other depositors or creditors of the depository institution or trust company in which such account is maintained, or (iii) a trust account or accounts maintained with (a) the trust department of a federal or state chartered depository institution or (b) a trust company, acting in its fiduciary capacity or (iv) any other account acceptable to each Rating Agency. Eligible Accounts may bear interest, and may include, if otherwise qualified under this definition, accounts maintained with the Trustee.