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Default constrain the no of sub procedure executions per second

I need to restrict the number of executions per second for two sub
procedures. When sum total of sub procedure executions per second is more
than a user defined number per second (e.g., five (5) per second), I need
the threads running the procedure to stop for a user defined period (e.g.,
one (1) second), while other processes can continue.
 
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