Ms. HUELLE: They sent me a letter saying that they were reducing my credit line.
First, Amerco has not disclosed what the terms of the Foothill credit line will be.
General Motors is starved for working capital, having tapped its last big credit line at Citigroup.
That credit line is used to provide funding for setting up the parking systems.
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Plastic is a stand-in for our past credit history, our current financial situation, and our remaining credit line.
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Banks do have to notify their customers in writing if a credit line is being changed.
The judge's action, on appeal, could be construed as putting Greyhound in technical default on a credit line.
Home-equity lines of credit allow borrowers to tap the credit line as needed, and the rate is typically variable.
Recently Moran took a printout from the site to bolster his case for a larger credit line at the bank.
Cuba has recently sought investment from visiting delegations from China (which has offered a multi-billion-dollar credit line), Brazil and India.
Pacific Lumber made an emergency loan and has since expanded its credit line to pay Scopac's interest again on Jan. 20.
Tapping on a card calls up relevant data, such as the amount of money available, current balance and credit line information.
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But it would be just like any credit facility in a commercial market -- a credit line that you can draw from.
It is unclear how much the firm owes on that credit line.
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In classic European style, on July 9th it secured from its banks a new short-term credit line that should see it through the next few months.
Other alternatives include precautionary lines of credit, such as the American Federal Reserve's with the central banks of Brazil and Mexico, or the IMF's flexible credit line.
The bank did this because it realized it could make more money from fees associated with the credit line than by simply declining transactions, the judge ruled.
The owner of Boundless LLC, a training and consulting firm for risk management and compliance, said he previously has used the credit line for technology upgrades, operational improvements and marketing.
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To qualify for the fund's new flexible credit line, Argentina would have to clean up its statistics office, which is run by nominees of Mr Kirchner, not the economy minister.
Penney announced that it would tap its credit line.
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On Feb. 28, Citigroup stepped in to shore up struggling lender Ameriquest, taking an equity stake and also arranging a credit line and getting the option to buy some of its business lines.
The sudden announcement, and particularly Countrywide's decision to draw on its entire credit line, was considered a desperate move by the lender and fanned speculation that the company was edging toward Chapter 11.
Penney does not have enough cash to continue operating as is beyond 2013, despite the fact that earlier this year the company arranged for a multi-billion dollar stand-by credit line with Bank of America.
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Unlike the Fund's existing Supplementary Reserve Facility and new Contingency Credit Line, access to the contagion facility would require an explicit finding by a qualified majority of creditor countries that the crisis was systemic.
When the crash of 2008 happened, and Wells Fargo yanked our only small credit line for no reason and with no notice, we pulled together as a team, tightened up the belt, and grew.
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As well as refusing the country a credit line, the European Commission should take Hungary to the European Court of Justice over the new law that seems to contradict its treaty commitment to an independent central bank.
After the company's board discovered inflated accounts receivable had been used to overdraw on its credit line and forced the resignation of Stephen Foss, the former Tyco director and compensation committee member under Dennis Kozlowski, CapitalSource cut off funds, forcing the company into Chapter 11.
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