You need to save string text as localizable strings in the required edit page schema. While saving, save the string as below,
Name: UsrAlertText
Value: "The number of concert halls is limited and no more than {0} daily programs can be active at a time."
As Akshaya mentioned above, you can get the system setting value using the code given by her. The replacement of text can be done using the below mentioned code.
var Text = Ext.String.format(this.get("Resources.Strings.UsrAlertText"),SystemSettingValue);
Here, in Text variable you will get the needed text.