Temporary Credit Limit definition

Temporary Credit Limit. Increase shall mean a credit limit increase requested by a Cardmember for a specific purpose. Such increase is done for a specific time-period and reverted at the end of the time period.
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Temporary Credit Limit. ’ Increase shall mean a credit limit increase requested by a Cardmember for a specific purpose. Such increase is done for a specific time- period and reverted at the end of the time-period.
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Examples of Temporary Credit Limit in a sentence

  • At the end of that period, the Temporary Credit Limit Amount will no longer be available and the Total Credit Limit will revert back to the Card Facility Credit Limit.

  • If the Customer requests and is granted a Temporary Credit Limit Amount, in addition to the Card Facility Credit Limit, that Temporary Credit Limit Amount (and therefore, the Total Credit Limit) will be available for the term established by Royal Bank and disclosed in the box on the last page of these Commercial Card Program Service Materials.

  • If the Customer requests and is granted a Temporary Credit Limit Amount, in addition to the Card Facility Credit Limit, that Temporary Credit Limit Amount (and therefore, the Total Credit Limit), will be available for the term established by Royal Bank and disclosed in the box on the last page of these Commercial Card Program Service Materials.

  • This Temporary Credit Limit expires upon the end of the Re-Start Working Capital Repayment Accumulation Period.

  • If credit exposure exceeds the Credit Limit or, when applicable, the Temporary Credit Limit, such fact will not operate as or be deemed to be either an increase in the Credit Limit (or, when applicable, the New Credit Limit) or a waiver of ▇▇▇▇▇▇▇▇’▇ rights hereunder.

  • The Credit Limit or, when applicable, the Temporary Credit Limit may be reviewed at any time and reduced by Heiskell if reasonably required by ▇▇▇▇▇▇▇▇’▇ lenders or if failure to do so would cause a violation of ▇▇▇▇▇▇▇▇’▇ debt covenants, provided that Heiskell shall promptly give Aemetis ▇▇▇▇▇ and the Lenders prior written notice of any required reduction of the Credit Limit or, when applicable, the Temporary Credit Limit (the “Reduction Notice”).

  • Notwithstanding anything contained in this Agreement, Heiskell may but is not required to assume any credit exposure by entering into additional or new Sale Contracts that would result in credit exposure or counterparty risk to Aemetis ▇▇▇▇▇ that is greater than the Credit Limit or, when applicable, the Temporary Credit Limit.

  • Temporary Credit Limit enhancements and/or cash deposits or fund transfers to Card accounts will not in any way increase the Cash Advance Limit.