Spending Limits definition

Spending Limits. The Credit Card spending limits will be established by the Vice President of Finance and Administration and may not be exceeded. You may request your credit card limits via the Credit Card Request form and give an in depth explanation for said requested limits. Centenary College of Louisiana has the right to reduce your limits and/or restrict your usage at any time. Wage Deductions Associated with Improper Use of College-Issued Credit Cards: Any personal purchases (i.e., transactions for the benefit of anyone or anything other than the College) are in violation of this policyand will be considered as an advance of future wages payable to the card holder. The College may deduct any violating charges from the card holder’s next paycheck. If there is a balance remaining after such deduction,the College may deduct the balance of the wage advance from future paychecks until the amount is repaid in full. If any non-personal transactions violate the policy in question, i.e., incur financial liability on the behalf of the College that is not within the card holder’s scope of duties or authorization to make business-related purchases, the card holder will be financially responsible for any such expenses and agrees to reimburse the College via wage deductions for such amounts until the unauthorized amounts are fully repaid. Such deductions will be in the amount of the unauthorized purchase(s), but if such amount would take the card holder’s pay below minimum wage for the workweek in question, the deductions will be in two or more equal increments thatwill not take the card holder’s pay below minimum wage for any workweek involved. Disallowed College Credit Card Purchases: The following list of disallowed charges is not meant to be comprehensive but should provide the user with guidance on the appropriateness of charges. Request for exceptions must be approved, in writing, by the Vice President for Finance and Administration prior to purchase.
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Spending Limits. Each ProCard has a pre-set spending limit, which may not be exceeded under any circumstances. NO PERSONAL EXPENSES ARE TO BE CHARGED TO THE PROCARD AT ANY TIME OR FOR ANY REASON WHATSOEVER. ProCard Abuse: Abuse of the ProCard will result in revocation of the card and appropriate disciplinary action. Specifically, purchases may not be segmented to avoid competition. Usage: For usage guidelines, the ProCard cardholder must refer to the Cardholder Handbook, which is distributed with the ProCard and by this reference is incorporated and made a part of this agreement.
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Spending Limits means the spending cap or maximum number of authorized payment orders, as agreed on by the Bank and the Client for each payment instrument.
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Examples of Spending Limits in a sentence

  • Upon entering into the Card Agreement, Swisscard grants the Customer a credit facility in the amount of the fixed Spending Limit (for Credit Cards with fixed Spending Limits) or of the Dynamic Spending Facility (for charge cards).

  • For further information, see CRS Report R45778, Exceptions to the Budget Control Act’s Discretionary Spending Limits.

  • The primary cardholder may assign and change the Authorized User Spending Limits on the credit card account for any authorized user(s) by contacting CIBC.

  • We will give You reasonable notice of any changes to the Spending Limits where it is possible to do so.

  • Swisscard may set Spending Limits per Basic Account (for several Card Accounts) or per Company (for several Basic Accounts) (“Global Limit”).

  • Expenditures Spending Limits for Those Who Sign Public Subsidy AgreementsIf the candidate has signed a Public Subsidy Agreement, the terms and spending limits are applicable.

  • See the Handbook sections called Public Subsidy and Spending Limits With Public Subsidy Agreement.

  • Lynch; and CRS Report R45778, Exceptions to the Budget Control Act’s Discretionary Spending Limits, by Megan S.

  • For more information on the budget resolution and discretionary spending limits, including possible points of order against a budget resolution that provides for spending in excess of the discretionary spending limits, see CRS In Focus IF10647, The Budget Resolution and the Budget Control Act’s Discretionary Spending Limits, by Megan S.

  • CRS Report R45778, Exceptions to the Budget Control Act’s Discretionary Spending Limits.


More Definitions of Spending Limits

Spending Limits. Each Procurement Card has a pre-set spending limit which may not be exceeded under any circumstances. The Procurement Card should be utilized as the procurement tool to purchase non-restricted goods and services costing less than the pre-set spending limit (including shipping, handling and tax). NO PERSONAL EXPENSES ARE TO BE CHARGED TO THE PROCUREMENT CARD AT ANY TIME OR FOR ANY REASON. Procurement Card Abuse: Abuse of the Procurement Card will result in revocation of the Procurement Card and appropriate disciplinary action which may include termination. Policy violations include, but are not limited to: • Purchasing items for personal use • Purchasing restricted items • Purchasing from restricted vendors • Exceeding bank credit line limit • Utilizing the Procurement Card for purchases of more than the approved spending limit • Splitting transactions to remain under maximum spending limits • Using the Procurement Card for travel and entertainment purposes • Failure to return the Procurement Card when reassigned, terminated, or upon request • Failure to comply with proper reconciliation procedures for processing transaction receipts and packing slips supervisor for review and approval. Following supervisor approval and Procurement Card Program review, reports and receipts must be kept on file by the Cardholder for a period of five (5) years. Disputed Items It is the Cardholder's responsibility to follow-up on any erroneous charges, returns, or adjustments and to ensure proper credit is given on subsequent statements. The Procurement Card Manual contains specific guidelines for handling dispute resolutions.
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Spending Limits. The daily and monthly spending limits are not to be exceeded under any circumstances. No personal expenses are to be charged to the card. Your spending limit will be less than $2,000 unless authorized by the County Administrator.
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Spending Limits. Each Purchasing Card has pre-set spending limits which may not be exceeded under any circumstances. Please refer to your New Cardholder Account Form for your pre-established limit. The Purchasing Card should be used whenever possible for charging materials and services costing less than your established limit, (including shipping, handling and tax). NO PERSONAL EXPENSES ARE TO BE CHARGED TO THE PURCHASING CARD. ♦ Approved Purchases: Only authorized purchases of supplies and equipment with a total cost not to exceed your pre-set limit are allowed. The Purchasing Card may not be used for meals, travel, entertainment or payment of services.
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Related to Spending Limits

  • Bag limit means the maximum number of game animals, game

  • Positive beam limitation means the automatic or semi-automatic adjustment of an x-ray beam to the size of the selected image receptor, whereby exposures cannot be made without such adjustment.

  • Title IV-E Foster Care means a federal program authorized under §§ 472 and 473 of the Social

  • FILOT Act Minimum Investment Requirement means, with respect to the Project, an investment of at least $2,500,000 by the Company, or of at least $5,000,000 by the Company and any Sponsor Affiliates in the aggregate, in Economic Development Property.

  • Spending unit means the department, bureau, division, office, board, commission,

  • Lead Limits means the maximum concentrations of lead and lead compounds (“Lead”) by weight specified in Section 3.2.

  • Insurance Affordability Program means a program that is one of the following:

  • Contract Minimum Investment Requirement means, with respect to the Project, investment by the Company and any Sponsor Affiliates of at least $4,000,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Fee Agreement).

  • Plantwide applicability limitation (PAL means an emission limitation expressed in tons per year, for a pollutant at a major stationary source, that is enforceable as a practical matter and established source-wide in accordance with Chapter 19, section 011.

  • Minimum Balance means, at any time, an amount that equals the product of: (a) the average Borrowing Base (or, if less on any given day, the Revolving Loan Commitment) during the immediately preceding month multiplied by (b) the Minimum Balance Percentage for such month.

  • Minimum Balance Requirements You must maintain a minimum daily balance of $2,000.00 in your Money Market Savings account to obtain the disclosed annual percentage yield. We impose a monthly maintenance fee if the balance falls below $500 any day of the month. Basic Checking Account Rate Information: This account does not pay interest.

  • Concentration Limits means, as of any date of determination prior to (x) the Commitment Termination Date with respect to all items below and (y) the Final Maturity Date with respect to the concentration limit set forth in clause (c) below, for purposes of determining the Excess Concentration Amount and the Borrowing Base, the concentration limitations set forth below:

  • Minimum Liquidity has the meaning given in Clause 11.19;

  • Medical flexible spending arrangement means a benefit plan

  • Dose limits means the permissible upper bounds of radiation doses established in accordance with these rules. For purposes of these rules, “limits” is an equivalent term.

  • Maximum Limit means that number of issued Shares representing 10% of the total number of issued Shares as at the date of the passing of this Resolution (excluding any Shares which are held as treasury shares as at that date); and

  • Country Limitation Schedule means the schedule published from time to time by Ex-Im Bank setting forth on a country by country basis whether and under what conditions Ex-Im Bank will provide coverage for the financing of export transactions to countries listed therein.

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.

  • Defined Contribution Dollar Limitation means, for any Limitation Year, $46,000, as adjusted for increases in the cost-of-living under Code section 415(d). If a short Limitation Year is created because of a Plan amendment changing the Limitation Year to a different 12-consecutive month period, the Defined Contribution Dollar Limitation for the short Limitation Year will not exceed the amount determined in the preceding sentence multiplied by a fraction, the numerator of which is the number of months in the short Limitation Year and the denominator of which is 12.

  • Plan Limit means the maximum aggregate number of Shares that may be issued for all purposes under the Plan as set forth in Section 5(a) of the Plan.

  • Table E academic outcomes at receiving institution Component code (if any) Component title (as indicated in the course catalogue) at the receiving institution Was the component successfully completed by the student? [Yes/No] Number of ECTS credits Receiving institution grade Total: [Signature of responsible person in receiving institution and date]

  • Capital Account Limitation has the meaning set forth in Section 4.05(b) hereof.

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

  • Holding Limit Event means, assuming the investor is the Issuer and/or any of its affiliates, the Issuer together with its affiliates, in aggregate hold, an interest in the Underlying Stock, constituting or likely to constitute (directly or indirectly) ownership, control or the power to vote a percentage of any class of voting securities of the Underlying Stock, of the Underlying Stock in excess of a percentage permitted or advisable, as determined by the Issuer, for the purpose of its compliance with the Bank Holding Company Act of 1956 as amended by Section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Volcker Rule), including any requests, regulations, rules, guidelines or directives made by the relevant governmental authority under, or issued by the relevant governmental authority in connection with, such statutes.

  • OP Unit Economic Balance has the meaning set forth in Section 6.03(c) hereof.