Approval Limits definition

Approval Limits. Personal leave approval will be restricted during any given student contact day as follows: 1. Three
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Approval Limits means the permission limit for which staff may engage a procurement process in order to select goods, services and vendors, as set out in the Purchasing Policy.
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Approval Limits. Personal leave approval will be restricted during any given student contact day as follows: 1. Three (3) teaching staff in buildings with up to forty-five (45) teaching staff. 2. Four (4) teaching staff in buildings with forty-six (46) to seventy-four (74) teaching staff. 3. Five (5) teaching staff in buildings with seventy-five (75) or more teaching staff. 4. No consideration will be given to the teacher’s lack of need for a substitute. A teacher using personal leave on non-student contact days will not be subject to the aforementioned restrictions. Teachers using personal leave during parent/teacher conference days must attend the parent conferences on those days.
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Examples of Approval Limits in a sentence

  • A list of the Debtors with the Approval Limits delivered, a letter from the Credit Insurer stating the amount of the Insurance Indemnification paid or to be paid for the outstanding insurance period.

  • When authorizing Transfer Approval Limits and Approval Authority entitlements, you are responsible for ensuring that the approval dollar range limits and number of approvers are accurate, and that a sufficient number of approvers has been authorized for each business account and transfer type requiring approval.

  • When making changes to the authorized signers for a business account with Transfer Approval Limits entitlements, it is your sole responsibility to ensure that you maintain a sufficient number of authorized approvers to support your Online Banking Service transfer approval requirements.

  • Such approval shall not be unreasonably withheld provided that the Factor is reasonably satisfied with the creditworthiness of the Replacing Credit Insurer, with the terms of the Credit Insurance Policy and Credit Assignment Agreement, and with the capacity of the Replacing Credit Insurer to provide on a timely basis adequate information on Approval Limits, and that such Credit Insurer offers Approval Limits equivalent to the ones offered by the replaced Credit Insurer.

  • The Factor may at its discretion (such discretion shall not apply to the Transferred Receivables exceeding the Approval Limits mentioned in Article 2.3 (i) (B) above) provide the Company with Financings on a with-recourse basis (in whole or in part) in respect of Transferred Receivables which are Non-Approved Receivables (in whole or in part).

  • For the avoidance of doubt, Financings made available by the Factor to the Company in respect of Transferred Receivables exceeding the Approval Limits as mentioned in Article 2.3 (i) (B) above are provided on a with-recourse basis.


More Definitions of Approval Limits

Approval Limits. The grid below identifies authority requirements for the approval and administration of new accounts and increases to existing total accounts receivable exposure. Total accounts receivable exposure is defined as the sum of trade receivables, including future dated sales, and notes receivable. Position Authority Corporate or Regional Directors of Credit $ [*****] Regional Vice President [*****] Vice President Financial Services [*****] VP Finance Drug Co. [*****] CFO and COO >[*****] 5.0 TRADE ACCOUNT APPLICATION AND EVALUATION PROCEDURES 5.1 Documentation requirements a. Original Applications, Purchase Agreements, Guarantees and Loan Agreements are to be retained by the Regional Director of Credit (RDC) or designee. b. Original note documents are to be retained where the note is being serviced. 5.1.1 All new account applications and requests to increase credit limits must include: a. Application, completed, signed and dated original ABC form, (see Exhibit A, ABC Credit Application) • Must be signed by authorized signed • Chains with multiple locations under same legal entity may attach a statement certified by authorized signer showing multiple delivery addresses and attach to one Application b. Purchase Agreement or approved National Contract. (See Exhibit B, Sales Agreement and Guaranty). • National contracts are approved by the Corporate Director of Credit or above (see section 4.2) [*****] INDICATES OMITTED MATERIAL THAT IS THE SUBJECT OF A CONFIDENTIAL TREATMENT REQUEST FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. THE OMITTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. c. ID – Verification of legal name • Corporations – obtain Articles of Incorporation • Partnerships – obtain copy of Partnership Agreement • Obtain copies of any fictitious name statements (doing business as filings “dba”) 5.1.2 Purchase Accounts, Independent Pharmacies – in addition to the above (see requirements stated in 5.1 to 5.1.1), obtain: a. Continuing Guarantee of stockholders/partners b. Any other documentation deemed necessary by the Regional Director of Credit or designee including but not limited to the three most recent current supplier statements 5.1.3 Start-up non-public companies For purposes of this section, a business is no longer considered a start-up after two consecutive years of positive cash flow with all trade payments current. a. Cash flow projections prepared on a monthly basis covering the first operating y...
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Approval Limits. Personal leave approval will be restricted during student contact days as follows: 1. Personal leave may not be used during the first fifteen (15) student contact days of the school year; the last fifteen (15) contact days of the school year. 2. Personal leave may not be used during State-mandated student testing days. 3. Exception to these restrictions may be made by the Executive Director of Administrative Services for the following reasons: a.) Property closing b.) Court appearance when a party to a court proceeding or witness in a court proceeding, except against ISD 194 c.) An emergency causing serious physical damage to property d.) Religious observation as required by the employee’s religious convictions, provided such requirement cannot be met outside the school day e.) Attendance at a wedding of the employee’s child, sibling, parent, or self f.) Attendance at graduation of the employee’s child, sibling, parent, spouse or self g.) Transporting one’s child to/from college h.) Other significant personal or family reasons which warrant leave as determined by the Executive Director of Administrative Services Subd. 6. The District will grant an employee leave of up to a total of sixteen (16) hours during the school year to attend school conferences or classroom activities related to the employee’s child, provided the conferences or classroom activities cannot be scheduled during non-work hours. When the leave cannot be scheduled during non-work hours and the need for the leave is foreseeable, the employee must provide reasonable prior notice of the leave and make a reasonable effort to schedule the leave so as not to unduly disrupt the operation of the school. This subd. is in accord with M.S.181.9412, School Conference and Activities Leave.
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Approval Limits. Personal leave approval will be restricted during student contact days as follows: 1. Personal leave may not be used during the first fifteen (15) student contact days of the school year; the last fifteen (15) contact days of the school year. 2. Personal leave may not be used during State-mandated student testing days. 3. Exception to these restrictions may be made by the Executive Director of Administrative Services for the following reasons: a.) Property closing; b.) Court appearance when a party to a court proceeding or witness in a court proceeding, except against ISD 194; c.) An emergency causing serious physical damage to property; d.) Religious observation as required by the employee’s religious convictions, provided such requirement cannot be met outside the school day; e.) Attendance at a wedding of the employee’s child, sibling, parent, or self; f.) Attendance at graduation of the employee’s child, sibling, parent, spouse or self; g.) Transporting one’s child to/from college;
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Related to Approval Limits

  • Required Approval has the meaning specified in Section 2.2(b).

  • type-approval means the procedure whereby an approval authority certifies that a type of vehicle, system, component or separate technical unit satisfies the relevant administrative provisions and technical requirements;

  • Pre-approval means written notification via a pre-approval letter to Customer that Ameren Illinois has reviewed Customer's Application and determined that the project meets the program eligibility requirements for a maximum pre-approved incentive amount if the project is completed by the estimated completion date and all final application paperwork is submitted and approved.

  • Initial approval means authorization to admit students and enter into contractual agreements for clinical facilities. It is granted only after an application has been submitted, reviewed and a survey visit made by the Board. No students shall be admitted to the program until the institution has received written notification that initial approval has been granted. Failure to comply will delay initial approval.

  • MAA Approval means approval of an MAA by the applicable Regulatory Authority for marketing and sale of a Product in the Collaborator Territory, but excluding any Pricing and Reimbursement Approval.