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TheRealistTheRealist 

'Limit' word in batch apex code?

NagaNaga (Salesforce Developers) 
Hi TheRealist,

The total heap size
The maximum CPU time
The maximum transaction execution time

Having said that, your DMLs inside the batch will have a separate limit for the managed package namespace, though the maximum CPU time for an example will stay the same for all apex in your org, regardless whether the code is executed withing the namespace of the managed package or your org in general.

Best Regards
NagaKiran