Permitted Limit definition

Permitted Limit means the frequency of trips and/or the numbers of clients the Concessionaire is permitted in carrying out the Concession Activity specified in Clause 1 of Schedule 3. It also includes the new limit set below.

Permitted Limit has the meaning set out in Clause 7.5.

Permitted Limit means the maximum amount of credit and the specific conditions for which a Buyer is covered either as specified in the Permitted Limit Endorsement issued by us (or the Risk Service Provider named in the Risk Information Services Endorsement) or qualified per the Discretionary Limit Endorsement, if added to the Policy . The Permitted Limit may also be referred to as an Approved Limit in our communications with you.

Examples of Permitted Limit in a sentence

• Raheja QBE may at any time and at its sole discretion give notice in writing to the Insured reducing, cancelling or terminating any Permitted Limit or varying the cover granted by this Policy in respect of any Insured Buyer or Approved Country.

• QBE Trade Credit may at any time and at its sole discretion give notice in writing to the Insured reducing any Permitted Limit or cancelling the cover granted by the Policy in respect of any Insured Buyer or country, such reduction, cancellation or variation shall apply in respect of goods Despatched after the date of receipt of the notice or after any date which may be specified in the notice, whichever is the later.

• In the event that the Permitted Limit is exceeded, the shareholder will be obliged to dispose of the affected shares within 10 working days of receiving written notice from the Company to that effect.

• Such eligible bidder shall ensure that information pertaining to the Issue is shared with only such number of investors as has been permitted/ assigned by the Issuer for the Issue (Permitted Limit).

• Cathay may at any time and at its sole discretion give notice in writing to the Insured reducing any Permitted Limit or cancelling the cover granted by the Policy in respect of any Insured Buyer or Approved Country, such reduction, cancellation or variation shall apply in respect of goods Despatched after the date of receipt of the notice or after any date which may be specified in the notice, whichever is the later.

More Definitions of Permitted Limit

Permitted Limit means the maximum level of aggregate amounts outstanding under all Notified Invoices of the Client and the Client Group Companies, as applicable, from time to time and specified under the Client Agreement;

Permitted Limit means a limit fixed by the Bank at its discretion and notified to the Client from time to time for the purpose of determining, in respect of any Customer, whether a Debt is an Approved Debt or an Unapproved Debt;

Permitted Limit means the maximum amount of credit and the specific conditions for which a Buyer is covered as specified in the Permitted Limit endorsement issued by us or the Risk Service Provider named in the Risk In- formation Services endorsement. The Permitted Limit may also be referred to as an Approved Limit in our commu- nications with you.

Permitted Limit means, in relation to assets of a relevant description—

Permitted Limit means, with respect to cases where the Credit Cover Percentage is not zero, a limit notified by the Bank to the Seller from time to - 7 - time for the purpose of determining, in respect of any Customer, whether a Debt is an Approved Debt or an Unapproved Debt;

Permitted Limit means Securities representing not more than 10% (ten percent) of the Share Capital of the Company (on a Fully Diluted Basis) on the Existing Investor I Completion Date.

Permitted Limit means maximum residue limit, maximum level or other maximum tolerance for substances.