Open to Buy definition

Open to Buy means, for any Open Account on any Business Day, the excess of (i) the Credit Limit and (b) the amount of Receivables in such Account.
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Examples of Open to Buy in a sentence

  • Your access to credit and Open to Buy Amount will be determined in the same manner whether or not you enable automatic payments.

  • This section describes when and how your Purchases, Pending Transactions, and Believe Card payments will affect the Open to Buy Amount.

  • Cash withdrawals and Purchases, including any Authorization Hold below, will decrease your Open to Buy Amount immediately when the Card is used at an ATM or at a merchant.

  • Deposits and withdrawals in your Believe Secured Account will change your Open to Buy Amount.

  • Pending Purchases, merchant credits for returns, and authorization holds (“Pending Transactions”) may affect your Open to Buy Amount.

  • You may use your Believe Card to make purchases so long as you are not in Default of this Believe Agreement, subject to your Open to Buy Amount.

  • Deposits into the Believe Secured Account will increase your Open to Buy Amount to the limits described above.

  • You may use your Believe Card to make purchases so long as you are not in Default of this Believe Agreement subject to your Open to Buy Amount.

  • Description Merchandise Reporting for the Recipients A.2. Location Borders US A.3. Service Manager TBD A.4. Fees/Charges $70,000/year A.5. Exceptions N/A A.6 Termination Notice Terminates in line with this Agreement Item Classification Re/(O)ccurrence Item comments Weekly Subject Range Report Reporting W Weekly sales, store inventory, purchase, pending order, on order, store returns, and vendor return by subject breaks Open to Buy Reporting W Units on Order (DC and Drop ship) by PO types – Actual vs.