Approval Limits definition

Approval Limits. Personal leave approval will be restricted during any given student contact day as follows:
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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. 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. Setting New Credit Limits or Increasing Existing Credit Limits Level of 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
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Examples of Approval Limits in a sentence

  • The initiation of a Procurement Project must be approved in accordance with the City’s Schedule of Delegated Authority Approval Limits, attached as Schedule C to this Policy.

  • Non-Standard Procurements must also be approved in accordance with the City’s Schedule of Delegated Authority Approval Limits, attached as Schedule C to this Policy.

  • If a Contract amendment results in a net increase to the Contract value previously approved, the amendment must be approved in accordance with the City’s Schedule of Delegated Authority Approval Limits, attached as Schedule C to this Policy.

  • Loan Approval Limits Individual loan approval limits have been established for each lender based on the loan type and experience of the individual.

  • Divisions are responsible for obtaining approval to award a Contract to a Supplier in accordance with the City’s Schedule of Delegated Authority Approval Limits, attached as Schedule C to this Policy.

  • Legal services, financial advisors and any special consulting services are exempted from the competitive bidding requirements but are required to be recommended by the Superintendent and approved by the Board according to the Approval Limits outlined in the corresponding procedure.

  • The EMC is responsible for the following, among others, and is accountable to the Board:· Executing strategy once approved by the Board;· Overall performance of the Group;· Managing the Group’s risks; and· Day-to-day oversight for the Group.All non-credit product approvals must go to the EMC which shall review and approve or recommend for approval to the appropriate Board Committees in line with the Bank’s advised Approval Limits.

  • Approval Limits Type of CommitmentTotalGovernment ExpenditureLevel of Approval Required¹Capital projects; andNew programmes, changes to programmes, revenue projects in the Department, NDPBs, Universities and St Marys University CollegeUp to £99kExternal consultancy • In terms of the Core Department:any and all expenditure requires Ministerial approval; and expenditure > £75k requires DoF approval.

  • IDA Ireland Approval Limits • The IDA Ireland Board can approve grants up to €7.5m.

  • Prior - Approval Limits Quantity- For butalbital products with codeine only: Maximum daily limit of any combination of opioid medications with a PA is 200 MME/day.

Related to Approval Limits

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

  • Required Approvals shall have the meaning ascribed to such term in Section 3.1(e).

  • Application Approval Date means the date that the Application is approved by the Board of Trustees of the District and as further identified in Section 2.3.B of this Agreement.

  • Approval Authority means the authority of a Member State with competence for all aspects of the approval of a type of vehicle, system, component or separate technical unit or of the individual approval of a vehicle; for the authorisation process, for issuing and, if appropriate, withdrawing approval certificates; for acting as the contact point for the approval authorities of other Member States; for designating the technical services and for ensuring that the manufacturer meets his obligations regarding the conformity of production;

  • Approval Date means the date on which the Plan is approved by the Company’s stockholders.