The phrase "agreed upon limit" is correct and usable in written English.
It can be used when referring to a limit that has been mutually accepted or established by two or more parties.
Example: "We need to adhere to the agreed upon limit for our budget to ensure we do not overspend."
Alternatives: "mutually accepted limit" or "consensus limit".
If their share of the league's income exceeds the agreed-upon limit, the owners cannot reduce their salaries in subsequent years, as the league had previously demanded.
Thus, the obligation of the monetary authorities to supply the currency of any Fund member at a rate of exchange that was not above the agreed-upon limit took the place of the obligation under the old gold standard to give actual gold in exchange for currency.
If, for instance, the dollar was in short supply in London, the British authorities were bound to supply dollars to the market to whatever extent was needed to keep the sterling price of the dollar from rising above the agreed-upon limit.
Earlier this month, eurozone authorities drew up a tentative proposal to enforce stricter consequences on countries that borrow beyond an agreed-upon limit.
If an outright ban is politically unfeasible and the goal is really to leave the fuels in the ground, then the global community must set an internationally agreed-upon limit that countries could sign on to, and to create an institution to regulate the budget under a declining permit system.
Within the agreed-upon limits of your visit — between when you're brought there and when you're brought back — you can do whatever you like.
Mr. Bush has lately accused Congress of overspending, though lawmakers have stayed within all the agreed-upon limits except those related to the emergency.
Every journalist, not only those working for the tabloids, is called upon to take risks in the pursuit of truth — usually within agreed-upon limits.
Morris has said in the past that he wanted to push both male and female dancing past the agreed-upon limits; he wanted to give his men opportunities to be softer, and his women chances to be tougher.
The Federation of American Societies for Experimental Biology FASEBB) further clarifies this in its Conflict-of-Interest Toolkit: "When holding a role in a start-up company, be guided by agreed-upon limits to the scope of the relationship.
The Clean Development Mechanism (CDM) of the Kyoto Protocol of the United Nations Framework Convention on Climate Change allows a country that emits C above agreed-upon limits to purchase C offsets from an entity that uses biological means to absorb or reduce greenhouse emissions.
