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 we authorise a Transaction in excess of the Credit Limit currently applying to the Account, this will not affect the Credit Limit and subsequent Transactions bringing the Outstanding Balance in excess of the Credit Limit or where the Credit Limit has been exceeded, may be declined.

  • We may, subject to applicable law or regulation, vary the Credit Limit from time to time.

  • If your Card is used for a Transaction which would bring the Outstanding Balance in excess of the Credit Limit, we reserve the right to authorise or decline such Transactions.


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 maximum debit balance permitted on the Card Account as determined by the Bank in its sole discretion and notified to the Principal Cardholder.
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 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.
Credit Limit means the maximum amount of Loans that Coast may make to Borrower pursuant to the amounts and percentages shown on the Schedule.