Credit Limit Amount definition

Credit Limit Amount means for each Revolving Credit Transaction, the maximum principal amount committed by the Intermediary under that Revolving Credit Transaction in the absence of any repayments by the SME.

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Credit Limit Amount means an amount equal to Distributor’s average monthly order amount multiplied by a credit factor to be calculated by Supplier (in its sole and absolute discretion) based on, but not limited to, Supplier’s late payment history. Distributor may request its Credit Limit Amount from Supplier in writing from time to time.”

Credit Limit Amount means the maximum principal amount that a Financial (Sub-) Intermediary commits under a Revolving Final Recipient Transaction without any repayments by the Final Recipient. EaSI Transaction means: (i) if the EaSI Guarantee is a guarantee, any Final Recipient Transaction, and (ii) if the EaSI Guarantee is a counter-guarantee, any guarantee instrument issued by a Financial Intermediary to a Financial Sub-Intermediary covering (directly or indirectly) a Final Recipient Transaction.

Examples of Credit Limit Amount in a sentence

At the end of that period, the Temporary Credit Limit Amount will no longer be available and the Total Credit Limit will revert back to the Card Facility Credit Limit.
If the Customer requests and is granted a Temporary Credit Limit Amount, in addition to the Card Facility Credit Limit, that Temporary Credit Limit Amount (and therefore, the Total Credit Limit) will be available for the term established by Royal Bank and disclosed in the box on the last page of these Commercial Card Program Service Materials.
If the Customer requests and is granted a Temporary Credit Limit Amount, in addition to the Card Facility Credit Limit, that Temporary Credit Limit Amount (and therefore, the Total Credit Limit), will be available for the term established by Royal Bank and disclosed in the box on the last page of these Commercial Card Program Service Materials.
Credit Subject (Credit Category) Corporation Purchase Fund Loan Trade Classification Limited Trade Credit (Limit) Amount 200,000,000 WON Fund Usage Operating Fund Loan Opening Date May 29, 2001 Final Redemption Date (Credit Term Expiration Date) May 29, 2002 Interest Rate Annually 7.0% However, should the loan term exceed 1 year, the interest rate can be altered per year according to the policy by bank.
Even if you have “opted in” to Over-the-Credit Limit Transactions, we are not required to authorize Transactions that will create an Over-the- Credit Limit Amount.
Supplier may ship Products to Distributor prior to receipt of payment, provided, however, the value of such shipped Products does not exceed Distributor’s Credit Limit Amount.
Credit Limit Amount: The initial net disbursed amount drawn out of the Commitment by the New Customer in accordance with the terms of the Revolving Loan Agreement executed between Referred Party and the New Customer.

More Definitions of Credit Limit Amount

Credit Limit Amount means the maximum principal amount that a Financial (Sub-) Intermediary commits under a Revolving Final Recipient Transaction without any repayments by the Final Recipient.