Overdraft Limit definition

Overdraft Limit means the amount of the authorised debit balance available in connection with your Overdraft Facility.

Overdraft Limit means the maximum amount of money, if any, which We are prepared to lend to You, as may be decided by Us from time to time and notified to You in writing;

Overdraft Limit means the maximum amount that we have set for you to overdraw your Account, at your request; “Payment Instrument” means cheques, other bills of exchange, drafts, money orders, xxxx payment remittances, and other similar instruments “PIN” means your Personal Identification Number;

Examples of Overdraft Limit in a sentence

• Subject to our overriding right to call for repayment on demand or to amend the terms of the Overdraft Facility, any authorised Overdraft Limit will be available until further notice or until any specified review date.

• If we authorise a payment to a Retailer as a Cardholder not present transaction this will immediately reduce the Available Balance in your Current Account (including any agreed Overdraft Limit if you have one) by the payment amount.

• At your request we may at any time, at our sole discretion, reduce or increase the Overdraft Limit.

• If your Account becomes overdrawn without our agreement or you exceed any agreed Overdraft Limit, even if due to an irregular account charge or surcharge or debit interest, then fees will be payable as detailed in our Schedule of Fees and Charges and may be varied from time to time in accordance with clause 53.

• If you do not have an agreed Overdraft Limit, the rate of any debit interest you are charged on any debit balance will be set out in your eStatement or Account statement.

More Definitions of Overdraft Limit

Overdraft Limit mean the current account, credit limit, loan amount and overdraft limit described or set out on COSTS & EXPENSES the front of this Agreement.

Overdraft Limit means the overdraft limit approved by CIBC for each Account, but if you have the Service on more than one Account, it means the overdraft limit approved by CIBC for each separate Account as well as the single total overdraft limit approved by CIBC for all your Accounts collectively.

Overdraft Limit means the amount shown as such in the Important Information and also includes a reference to a revised limit for the Facility where the Bank agrees to that in writing.

Overdraft Limit means EUR 30,000,000;

Overdraft Limit means the overdraft limit ICICI Bank has set, as described in Section 6 of this Agreement.

Overdraft Limit means the overdraft limit that Cayman National has set for an account at the client's request.

Overdraft Limit means, subject to Clause 6.2.2. pounds sterling l,000,000.