Discretion Definition: 424 Samples

Discretion means in the sole discretion of the Committee, with no requirement whatsoever that the Committee follow past practices, act in a manner consistent with past practices, or treat an employee or consultant in a manner consistent with the treatment afforded other employees or consultants with respect to the Plan.

Discretion means sole, absolute and unfettered discretion;

Discretion means, with respect to any consent, approval or decision required to be made by a Party, that such approval, consent or decision may be made in the sole and absolute discretion of the relevant Party;

Examples of Discretion in a sentence

Discretion – A decision-making method guided by rules and sound management practices within a particular work area which must meet the standards of not being arbitrary, capricious, or discriminatory.
The Borrower shall keep accurate and complete records of its Accounts in all material respects, including all payments and collections thereon, and shall submit to the Administrative Agent sales, collection, reconciliation and other reports in form reasonably satisfactory to the Administrative Agent, on such periodic basis as the Administrative Agent may reasonably request in its Permitted Discretion from time to time.
The Loan Parties shall use commercially reasonable efforts after the Closing Date to obtain a landlord waiver or similar agreement (which shall be in form and substance reasonably satisfactory to the Agent) from the lessor of (a) the Loan Parties’ headquarters location and (b) any other material location where Collateral with a value in excess of $100,000 (or such greater amount as the Agent may permit in its Permitted Discretion) is stored.
On this case, see, by means of mere indication, Xxxxxx Xxxxxxxxx, ‘The Legality of Responses to the Crisis’ in Amtenbrink and Xxxxxxx (n 4) 1376-1377; Xxxxxxx Xxxxxxxxx, ‘The Judicial Review of Discretion in the Banking Union: from ‘Soft’ to ‘Hard(er)’ Look?’ in Xxxxxx Xxxxxxx and Xxxx- Xxxxxxx Xxxxxx (eds), Judicial Review in the European Banking Union (Xxxxxx Xxxxx Publishing 2021) 144-145.
From and after the Deposit Account Deadline, the Collection Account and the Designated Account shall at all times be subject to a deposit account control agreement in favor of the Collateral Agent and in form and substance satisfactory to the Agent in its Permitted Discretion.

More Definitions of Discretion

Discretion means in the sole discretion of the Committee, with no requirement whatsoever that the Committee follow past practices, act in a manner consistent with past practices, or treat a Participant (as hereinafter defined) in a manner consistent with the treatment afforded other Participants with respect to the Plan.

Discretion means when it is said that something is to be done within the discretion of the authorities that that something is to be done according to the rules of reason and justice, not according to private opinion … according to law, and not humour. It is to be, not arbitrary, vague, and fanciful, but legal and regular. And it must be exercised within the limit, to which an honest man competent to the discharge of his office ought to confine himself164.

Discretion means sole and uncontrolled discretion to the extent permitted by law;

Discretion means sole, absolute and uncontrolled discretion.

Discretion means, in relation to a Person and/or Party, the sole, absolute and unfettered discretion of that Person and/or Party, as the case may be, provided such discretion is exercised in a reasonable and not a capricious manner;

Discretion means power of free decision, or latitude of choice within certain legal bounds;

Discretion or “sole discretion” means in the sole and absolute discretion of the party exercising the discretion.

Discretion definition

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