Credit Card Line definition

Credit Card Line means a Credit Extension of up to $50,000, to be used exclusively for the provision of Credit Card Services.
Credit Card Line means a Credit Extension of up to $75,000, to be used exclusively for the provision of Credit Card Services.
Credit Card Line means the maximum allowable amount of credit available at any one time.

Examples of Credit Card Line in a sentence

  • The aggregate limit of the corporate credit cards and merchant credit card processing reserves shall not exceed the Credit Card Line.

  • The aggregate limit of the corporate credit cards shall not exceed the Credit Card Line.

  • The aggregate amount of Credit Card Services outstanding at any time shall not exceed the Credit Card Line.

  • After January 2, 2004, borrower shall be allowed to borrow up to $2,000,000 minus any outstanding commitment under the $137,000 Fleet Credit Card Line to Borrower ("New Availability").

  • Borrower authorizes Bank to hold such balances in pledge and to decline to honor any drafts thereon or any requests by Borrower or any other Person to pay or otherwise transfer any part of such balances up to an amount equal to the greater of the Credit Card Line or the outstanding principal amount of all Credit Card Services for so long as the applicable Credit Card Services are outstanding or continue.


More Definitions of Credit Card Line

Credit Card Line means a Credit Extension of up to $100,000, to be used exclusively for the provision of Credit Card Services. "Credit Card Maturity Date" means August 15, 2017.
Credit Card Line means the maximum allowable amount of credit outstanding at any one time.
Credit Card Line means a revolving Credit Extension of up to $1,000,000, to be used exclusively for the provision of Credit Card Services.
Credit Card Line means a Credit Extension of up to $200,000, to be used exclusively for the provision of Credit Card Services.
Credit Card Line means Two Hundred Fifty Thousand Dollars ($250,000). “Credit Card Maturity Date” means 364 days after the Closing Date.
Credit Card Line means Two Hundred Fifty Thousand Dollars ($250,000).
Credit Card Line means a Credit Extension of up to $500,000, to be used exclusively for the provision of Credit Card Services. “Credit Card Maturity Date” means September 30, 2025.