Spending Limit definition

Spending Limit means (subject to Clause 4.1) any daily restriction on the amount that the Cardholder can spend when making a Transaction. The Spending Limit on a Deposit Card will be set at zero;
Spending Limit means the maximum permissible limit prescribed by us for such duration as we may determine in respect of any Card Transactions.
Spending Limit means the amount of available funds in an Account or the authorized Qard Al Hassan limit assigned to an Account.

Examples of Spending Limit in a sentence

  • Our determination on whether your Spending Limit has been exceeded shall be conclusive and binding on you.

  • Notwithstanding any other provisions of this Agreement, we may in our discretion and without giving prior notice approve, authorise or allow any Card Transaction to be effected during any period even though such Card Transaction would result in your Card Account being overdrawn and/or your Spending Limit being exceeded as a consequence.

  • You shall not effect or attempt to effect any Card Transaction that would result in your Available Balance or Spending Limit being exceeded.

  • The duration to which the Spending Limit is applicable shall be as prescribed by us and may vary for different types of Card Transactions.

  • We may also refuse to authorise any Card Transaction that you wish to effect even if such Card Transaction would not cause your Available Balance or Spending Limit to be exceeded.


More Definitions of Spending Limit

Spending Limit means the amount set by Shell and expressed in Euro, up to which limit Shell provides the opportunity to use the Card with the option of deferred payment, and which amount is based on the assessment of commercial solvency performed by Shell or a third party based on data provided by the User and on publicly accessible data, or, if Shell has also requested security from the User, based on the security provided by the User. Shell monitors the amount of the Spending Limit such that it includes the consideration payable for purchases which have already been invoiced as well as purchases not yet invoiced but registered in the system. The Spending Limit is for information purposes only with regard to the value of services intended to be purchased by the User and does not mean that the User's cards will automatically be barred if the amount is exceeded. Shell may amend or cancel the Spending Limit at its discretion upon notice to the User. The User agrees that, if requested by Shell or Agent, it shall transfer to Shell or Agent all financial and company information (e.g. balance sheet, etc.) required for the Spending Limit or the (repeated) performance of the assessment, within 10 business days at the latest. Failure to provide such information shall be considered a breach of contract.
Spending Limit means the maximum daily limit prescribed by us in respect of your Debit Card Transactions; and
Spending Limit means, subject to the available balance in Your Account, any daily restriction on the amount that the Cardholder can spend when making a Transaction.
Spending Limit means a Spending Limit, set by Xxxxxx, using, among other things, Company Data including available funds and spending patterns, unbilled volume, future revenue, the nature and history of the Company’s business, and anticipated use of Payment Methods.
Spending Limit means the amount of available funds in an Account or the authorized overdraft limit assigned to an Account.
Spending Limit means the maximum debit balance permitted on the relevant Platinum Visa Card from time to time (including cash transactions).
Spending Limit means the maximum permissible limit prescribed by us in respect of all Debit Transactions effected in a day or otherwise (including the use of the Card to effect a Transaction via the terminals operated by Network for Electronic Transfers Pte Ltd and/or Electronic Services) and all Credit Transactions;