Discretionary Limit means the amount of credit in respect of a Buyer for which we may be liable to you under the Policy where you have justified that amount in line with the terms and conditions of the Policy and the criteria set out in this Endorsement.

Discretionary Limit means a Primary Limit granted under your Primary Policy without the need to refer to the insurer of your Primary Policy, provided that the conditions mentioned in your Primary Policy are fulfilled.

Discretionary Limit means the amount shown in the Schedule as the discretionary limit which specifies the limit up to which the Insured is not required to obtain prior acceptance or approval from the Corporation but is required to notify the limit for availing insurance under this cover, on advances granted under post shipment export credit limits sanctioned by the Insured to any of the exporters classified as 'new' and yet to be classified under the extant asset classification norms of the Reserve Bank of India.

Examples of Discretionary Limit in a sentence

The credit limit for each Discretionary Obligor shall be the Discretionary Limit unless the list of Discretionary Obligors specifies a lower credit limit in respect of such Discretionary Obligor in which case such credit limit shall apply to such Discretionary Obligor.
We may also agree to give you Discretionary Limit Approval on the terms of which you may yourself establish Credit Limits in respect of specific Debtors up to the Discretionary Limit.
You may apply for a CAP Limit on any Buyer on which you have an existing Permitted Limit, excluding cover qualified per the Discretionary Limit Endorsement or EZ Cover Endorsement and temporary Permitted Limits.
Credit Limit: in respect of any Debtor whose Debts you wish to become Credit Protected Debts, such credit limit as may be established by us by a Credit Decision Advice given to you or, if you have been given Discretionary Limit Approval, the Discretionary Limit.
A CAP Limit is a Permitted Limit issued to you for a Buyer on which you have an existing Permitted Limit, excluding cover qualified per the Discretionary Limit Endorsement or EZ Cover Endorsement, and temporary Permitted Limits.

More Definitions of Discretionary Limit

Discretionary Limit means CAD100,000 in respect of Receivables denominated in Canadian Dollars and USD100,000 in respect of Receivables denominated in United States Dollars.

Matching Contribution means Employer contributions made to this Plan or any other defined contribution plan by reason of Thrift Contributions or Elective Deferrals under this Plan.
Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).
Eligible Earnings means the Grantee's base salary (prior to any deferrals under a cash or deferred compensation plan sponsored by the Corporation or an Affiliate) paid during the Plan Year. From time to time the Plan Administrator may, in its sole discretion, establish rules for determining the amounts of Eligible Earnings for employees who become Grantees other than on the first day of a Plan Year as well as any reduction of Eligible Earnings as a result of paid leave of absences.