Discretionary Management definition

Discretionary Management means the management on a discretionary basis of an investment portfolio of Financial Instruments pursuant to a general mandate given by the investor, of which the Dealings in this respect do not require any notification or approval by the investor.
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Discretionary Management means the ability, directly and indirectly, to direct or cause the direction of the management or policies of an entity or undertaking, whether through the ownership of voting securities or by contract, including as the general partner (of a partnership), manager, managing trustee or executor or otherwise.
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Discretionary Management. The extent to which the Independent Fiduciary is permitted to exercise authority and control over New Common Stock held by the VEBA Trust under the documents governing the VEBA Trust.
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Examples of Discretionary Management in a sentence

  • Any fees payable in respect of your Managed Account(s), including the currency conversion fees charged by the Firm where foreign currency is bought or sold to trade securities in your Account, will be provided for under your Discretionary Management Agreement with WSI.

  • For greater clarity, any future changes to the WSII Fee Schedule will not affect the fees payable for your ManagedAccount, such fees to be governed solely by the provisions of your Discretionary Management Agreement with WSI (if applicable).

  • Trading Authorization You confirm that you have entered into a Discretionary Management Agreement with WSI and agree to grant exclusive discretionary authority to WSI over your Account(s).


More Definitions of Discretionary Management

Discretionary Management means the extent to which the Independent Fiduciary is permitted to exercise authority and control over the Common Stock held by the VEBA Trust under this Agreement, under the engagement letter agreement of August 1, 2003 between the Company and the Independent Fiduciary and under the Registration Rights Agreement dated as of the date hereof among the parties hereto.
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Discretionary Management means the management of a portfolio of securities where the manager has been granted discretionary powers to select investments and buy and sell them without the prior consent of the company;
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Related to Discretionary Management

  • discretionary use means the use of land or a building provided for in this Bylaw for which a development permit may be issued upon an application having been made;

  • Discretionary Portfolio Management Services means the portfolio management services rendered to the Client by the Portfolio Manager on the terms and conditions contained in the agreement, where under the Portfolio Manager exercises any degree of discretion in the investments or management of assets of the Client.

  • Non-Discretionary Portfolio Management Services means a portfolio management services under which the Portfolio Manager, subject to express prior instructions issued by the Client from time to time in writing, for an agreed fee structure and for a definite described period, invests in respect of the Client’s account in any type of security entirely at the Client’s risk and ensure that all benefits accrue to the Client’s Portfolio.

  • Discretionary Portfolio Manager means a Portfolio Manager who exercises or may, under a contract relating to portfolio management, exercise any degree of discretion as to the investments or management of the portfolio of securities or the funds of the Client, as the case may be.

  • Emergency management means lessening the effects of, preparations for, operations during, and recovery from natural, technological or human-caused disasters. These actions are broad in scope and include, but are not limited to: disaster plans, mitigation, preparedness, response, warning, emergency operations, training, exercising, research, rehabilitation, and recovery activities.

  • Management Committee means in the case of a Competition which is an unincorporated association, the management committee elected to manage the running of the Competition and where the Competition is incorporated it means the Board of Directors appointed in accordance with the articles of association of that company.

  • System for Award Management (SAM means the primary Government repository for prospective Federal awardee and Federal awardee information and the centralized Government system for certain contracting, grants, and other assistance-related processes. It includes—

  • Investment Management Fee means each of the Senior Investment Management Fee, the Subordinated Investment Management Fee and the Incentive Investment Management Fee.

  • Management means an activity inclusive of control and performed on a daily basis, by any person who is a principal executive officer of the company, by whatever name that person may be designated, and whether or not that person is a director.

  • Compensation Committee means the Compensation Committee of the Board.

  • Utilization management section means “you or your authorized representative.” Your representative will also receive all notices and benefit determinations.

  • Key Management Personnel means persons having authority and responsibility for planning, directing and controlling the activities of the Company, directly or indirectly, including any Director (whether executive or otherwise) of the Company;

  • Management Board means the management board of the Company.

  • Management Plan means a plan to manage the activities and protect the special value or values in an Antarctic Specially Protected Area or an Antarctic Specially Managed Area.

  • Adaptive management means reliance on scientific methods to test the results of actions taken so that the management and related policy can be changed promptly and appropriately.