Credit Line definition

Credit Line as defined in Section 2.1.
Credit Line. With respect to a Revolving Credit Loan, the maximum principal amount which may be advanced to a Mortgagor under the terms of the related Mortgage Note.]
Credit Line means a discretionary and uncommitted line of credit that the BANK establishes for the BORROWER pursuant to SECTION 2.01 hereof up to the amount referred to therein but which may be terminated in whole or reduced in part pursuant to SECTION 2.02 hereof. This CREDIT LINE shall not be construed as the commitment of the BANK to make any LOAN or extension of credit.

Examples of Credit Line in a sentence

  • In your letter, (i) provide your name and Credit Line account number, (ii) identify the specific information that is being disputed, (iii) explain the basis for the dispute, and (iv) provide any supporting documentation you have that substantiates the basis of the dispute.

  • You give us and our service providers, including One, permission to request and obtain information and to make whatever inquiries we consider necessary and appropriate (including obtaining information from third parties and requesting consumer reports from consumer reporting agencies) for the purpose of considering your application for this Credit Line and subsequently, in connection with any product upgrades or any updates, renewals or extensions of credit, or reviewing or collecting your Credit Line.

  • You also authorize us and our service providers, including One, to report information concerning you or your Credit Line, including information about your performance under this Agreement, to consumer reporting agencies and others who may properly receive such information.

  • Late payments, missed payments, or other defaults on your Credit Line may be reflected in your credit bureau report.

  • Only a portion of your Credit Line may be available for cash transactions; consult your monthly statement for details.


More Definitions of Credit Line

Credit Line means a line of credit, established by us and communicated from time to time to you in writing or by such electronic means as may be designated by us to you, granting approval for sales by you, or rendition of services by you to a Customer, billed at a specified location or locations, up to a specified aggregate available amount.
Credit Line means the revolving line of credit established by this Agreement and governed by it and the other Facilities Papers.
Credit Line means the maximum debit balance permitted on your Account, as advised by us.
Credit Line means the limit imposed by the Bank against the Cardmember for the use of the Card;
Credit Line means in respect of Barclays L50,000,000, in respect of HSBC L50,000,000 and in respect of ▇▇ ▇▇▇▇▇▇ L50,000,000 or such other amounts as may be agreed between the Banks and the Company from time to time (provided that the aggregate of the Credit Lines of each of Barclays, HSBC and ▇▇ ▇▇▇▇▇▇ shall not exceed the Facility Limit) in each case to the extent not cancelled, reduced or transferred by it under this Facility Letter.
Credit Line has the meaning given to it in Recital A.
Credit Line means the credit facility afforded to the Service Partner on the terms set out in Clause 5.4;