Approval Level definition

Approval Level means criteria, often dollar levels, that define which approvals are needed for various business transactions. Limits are set on the size and nature of the business transactions and are assigned to the individual or job role authorized to execute based on the appropriate level of responsibility.
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Examples of Approval Level in a sentence

  • The Members may determine, through an Applicable Approval Level, to make a distribution in kind of Company assets to the Members, and such Company assets shall be distributed in such a fashion as to ensure that the Fair Market Value thereof is distributed and allocated in accordance with this Article 4 and Article 5 and Article 9 hereof.

Related to Approval Level

  • Initial Level means, in respect of the Index, the Closing Level on the Closing Date, provided that if such day is not an

  • Quantitative fit test or "QNFT" means an assessment of the adequacy of respirator fit by numerically measuring the amount of leakage into the respirator.

  • Final Level means, in respect of the Index, the Closing Level on the Final Valuation Date, provided that, if the Final Valuation Date is not an Exchange Business Day, then the Final Level will be determined on the immediately preceding

  • Ground Level means the level of the referred point of exposed surface of the ground as indicated in the drawing.

  • Minimum Index Level means, in respect of a series of bull CBBCs, the lowest Spot Level of the Index during the MCE Valuation Period.