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 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.

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.

Examples of Spending Limits in a sentence

• We may set different Spending Limits for different types of Card Transactions (including an ATM Limit), which we may also vary without notice.

• All ATM transactions are treated as cash withdrawal transactions and are subject to your Spending Limits.

• Jeeves will use Financial Data from Linked Accounts to verify account balances and account information, establish Spending Limits, identify spending patterns and potential fraud, determine Spending Limits, analyze and report transactions, and provide Services to Company.

• Spending Limits are dynamic and may be modified at any time with or without Notice to Company or Users, including temporarily increases or decreases to Spending Limits or reducing Spending Limits to $0.

• Company Spending Limits are set by ▇▇▇▇▇▇ 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.

• Jeeves may not disclose exact Spending Limits but may provide guidance identifying whether specific transactions or monthly volumes may exceed any Spending Limits.

• Administrators can add, remove, or manage additional Administrators and Users; request and manage Payment Methods; set or change Spending Limits; view transactions; run reports and download statements; provide or update Company Data; connect Linked Accounts, Third-Party Services, and other accounts to the Account; and perform other tasks on Company’s behalf.

• In the event of regulatory changes and/ or deterioration of the Customer’s ▇▇▇▇▇- cial situation, Swisscard may unilater- ally lower the fixed Spending Limits to the necessary extent at any time, with immediate effect.

• Log in to your Account to view or request adjustments to your Spending Limits.

• If We introduce Spending Limits, You will, and will ensure that Your Users will, comply with such Spending Limits.

More Definitions of Spending Limits

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.

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.

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: