Credit Limit definition

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 Limit. As to any Mortgage Loan, the maximum principal balance permitted under the terms of the related Credit Line Agreement.
Credit Limit means the limit imposed by Maybank against the Cardmember for the use of the Credit Card;

Examples of Credit Limit in a sentence

  • If the Registered Participant deems that the amount of Credit Limit as presented in the Auction Tool is incorrect, the Registered Participant shall immediately inform the Allocation Platform about it.

  • The Parties acknowledge that the update of the Credit Limit is an automated process and agree that the cut-off time for incoming amounts is 4 p.m.

  • The information on cash deposits placed on the dedicated Business Account of the Registered Participant is updated in the Auction Tool daily and the new Credit Limit is available on the following day prior to the starting time of daily auctions.

  • For the avoidance of doubt, Credit Limit shall be equal to the amount of collaterals minus any outstanding payment obligations of the Registered Participant.


More Definitions of Credit Limit

Credit Limit means the maximum Asset Balance for each Mortgage Loan permitted under the terms of the related Credit Line Agreement.
Credit Limit means the minimum debit balance permitted by the Bank for the Card Account for the Primary and the Supplementary/Additional Card(s), if any, and notified to the Primary Cardholder from time to time.
Credit Limit means the maximum amount that you are allowed to have outstanding on your Account at any time, as detailed on your monthly credit card statement.
Credit Limit means, with respect to each HELOC, the maximum amount permitted under the terms of the related Credit Line Agreement.
Credit Limit. As to any HELOC Mortgage Loan, the maximum principal balance permitted under the terms of the related Credit Line Agreement.
Credit Limit in relation to any Card Account means the amount as specified by DBS from time to time up to which the Outstanding Balance on that Card Account may reach before DBS refuses to authorise or approve any further Card Transactions on that Card Account.
Credit Limit. Means the maximum dollar amount of credit that Bank has authorized for your Account.