Let
$L$ be a very ample line bundle on a projective scheme
$X$ defined over an algebraically closed field
$\Bbbk$ with
${\rm char}\,\Bbbk \neq 2$. We say that
$(X,L)$ satisfies property
$\mathsf {QR}(k)$ if the homogeneous ideal of the linearly normal embedding
$X \subset {\mathbb {P}} H^{0} (X,L)$ can be generated by quadrics of rank less than or equal to
$k$. Many classical varieties, such as Segre–Veronese embeddings, rational normal scrolls and curves of high degree, satisfy property
$\mathsf {QR}(4)$. In this paper, we first prove that if
${\rm char}\,\Bbbk \neq 3$ then
$({\mathbb {P}}^{n} , \mathcal {O}_{{\mathbb {P}}^{n}} (d))$ satisfies property
$\mathsf {QR}(3)$ for all
$n \geqslant 1$ and
$d \geqslant 2$. We also investigate the asymptotic behavior of property
$\mathsf {QR}(3)$ for any projective scheme. Specifically, we prove that (i) if
$X \subset {\mathbb {P}} H^{0} (X,L)$ is
$m$-regular then
$(X,L^{d} )$ satisfies property
$\mathsf {QR}(3)$ for all
$d \geqslant m$, and (ii) if
$A$ is an ample line bundle on
$X$ then
$(X,A^{d} )$ satisfies property
$\mathsf {QR}(3)$ for all sufficiently large even numbers
$d$. These results provide affirmative evidence for the expectation that property
$\mathsf {QR}(3)$ holds for all sufficiently ample line bundles on
$X$, as in the cases of Green and Lazarsfeld's condition
$\mathrm {N}_p$ and the Eisenbud–Koh–Stillman determininantal presentation in Eisenbud et al. [Determinantal equations for curves of high degree, Amer. J. Math. 110 (1988), 513–539]. Finally, when
${\rm char}\,\Bbbk = 3$ we prove that
$({\mathbb {P}}^{n} , \mathcal {O}_{{\mathbb {P}}^{n}} (2))$ fails to satisfy property
$\mathsf {QR}(3)$ for all
$n \geqslant 3$.