Credit Facility Limit definition

Credit Facility Limit means the overall and maximum amount that may be outstanding at any time (including fees, interest and charges) on the account. This amount is made available by Investec to theaccount holder, determined by Investec in accordance with the NCA (if applicable) and notified to the account holder from time to time through whatever medium Investec may deem fit, subject to clause 2.10;
Credit Facility Limit means the limit granted by AFFIN BANK BERHAD or AFFIN ISLAMIC BANK BERHAD for the use of the Card.
Credit Facility Limit in Schedule A of the Existing Credit Agreement is hereby amended and restated in its entirety as follows:

Examples of Credit Facility Limit in a sentence

  • If you wish to be eligible for automatic annual increases of your Credit Facility Limit, you must tell us in writing.

  • If you choose to automatically receive an annual Credit Facility Limit increase, the Credit Provider will continue to review your credit limit annually and it may grant you an annual increase in accordance with the NCA.

  • If you would like the Credit Provider to consider Credit Facility Limit increase at any time (other than a temporary increase referred to above) you may request this by telephoning the Credit Provider at any time.

  • If you wish to apply for a temporary increase in your Credit Facility Limit, the temporary increase will only be for a limited time and after repayment of the amount in full, your Credit Facility Limit will be reduced to what it was before the temporary increase was approved.

  • There were a few Phase II contracted project developers that had reached their first EEP project milestones by June 2015.


More Definitions of Credit Facility Limit

Credit Facility Limit means, at any time, the lesser of (i) $500,000,000, and (ii) the Borrowing Base at such time.
Credit Facility Limit means a maximum amount of the Credit (prearranged ceiling) set forth in accordance with the Contract that may be used by you.
Credit Facility Limit means the overall and maximum amount that may be outstanding at any time (including fees, interest and charges) on the account. This amount is made available by Investec to the account holder and notified to the account holder from time to time through whatever medium Investec may deem fit, subject to clause Error! Reference source not found.;
Credit Facility Limit means the limit of the credit facility relating to the Trade Service as specified in the Master Agreement.
Credit Facility Limit means any one of the Operating Facility Limit, the Subfacility Limit, the Term Facility Limit, the Hedging Facility Limit and the MasterCard Facility Limit.
Credit Facility Limit means any one of them. (57) “Daily Rental Borrower” means Motus Car Rental, LP., and its successors and permitted assigns (58) “Daily Rental Borrowing Base” means 100% of the aggregate depreciated book value (in accordance with the below) of the applicable Borrower’s Eligible Daily Rental Leases outstanding at any time, as evidenced by the Daily Rental Lease Management Report. For the purposes of calculating such value, the minimum vehicle depreciation of the capital cost of all vehicles forming part of the Daily Rental Management Report, is based on the following schedule: Original Lease Term Rate per month Up to 12 months 1.75% 13 to 24 months 2.00% (59) “Daily Rental Borrowing Base Certificate” means a borrowing base certificate substantially in the form attached as Schedule 1.1(59) signed a Responsible Officer of Master Borrower. (60) “Daily Rental Facility” has the meaning given to it in Section 2.5(1).
Credit Facility Limit means an amount equal to Eight Hundred Million Dollars ($800,000,000).