Common use of Discretion Clause in Contracts

Discretion. The Trustee shall have absolute and uncontrolled discretion as to the exercise of its functions and shall not be responsible for any loss, liability, cost, claim, action, demand, expense or inconvenience that may result from their exercise or non-exercise.

Appears in 13 contracts

Samples: Agency Agreement, Agency Agreement, Agency Agreement

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Discretion. The Trustee shall have absolute and uncontrolled discretion as to the exercise of its functions and shall not be responsible for any loss, liability, cost, claim, action, demand, expense or inconvenience that may result from their exercise or non-non exercise.

Appears in 4 contracts

Samples: sitoaspi-cloudfront.autostrade.it, www.autostrade.it, www.autostrade.it

Discretion. The Trustee shall will have absolute and uncontrolled discretion as to the exercise of its functions and shall will not be responsible for any loss, liability, cost, claim, action, demand, expense or inconvenience that which may result from their exercise or non-exercise.

Appears in 4 contracts

Samples: Paying Agency Agreement, Agency Agreement, www.royallondon.com

Discretion. The Trustee shall Trustee, except as herein otherwise provided, shall, with respect to all rights, powers and authorities vested in it, have absolute and uncontrolled discretion as to the exercise thereof, whether in relation to the manner or as to the mode and time for the exercise thereof, and in the absence of its functions and fraud, it shall not be in no way responsible for any loss, liabilitycosts, cost, claim, action, demand, expense damages or inconvenience that may result from their the exercise or non-exerciseexercise thereof.

Appears in 2 contracts

Samples: Note Purchase Agreement (BELLUS Health Inc.), Note Purchase Agreement (BELLUS Health Inc.)

Discretion. The Trustee shall will have absolute and uncontrolled discretion as to the exercise of its functions powers, trusts and shall discretions and will not be responsible for any loss, liability, cost, claim, action, demand, expense or inconvenience that which may result from their exercise or non-exercise.

Appears in 2 contracts

Samples: PPL Electric Utilities Corp, PPL Corp

Discretion. The Note Trustee shall have absolute and uncontrolled discretion as to the exercise of its functions and shall not be responsible for any loss, liability, cost, claim, action, demand, expense or inconvenience that may result from their exercise or non-non- exercise.

Appears in 1 contract

Samples: PPL Corp

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Discretion. The Trustee shall shall, as regards all the powers, trusts, authorities and discretions vested in it hereby, have absolute and uncontrolled discretion as to the exercise of its functions thereof and shall not be in no way responsible for any loss, liabilitycosts, costdamages, claim, action, demand, expense expenses or inconvenience that which may result from their the exercise or non-exerciseexercise thereof in respect of any Series.

Appears in 1 contract

Samples: Option Agreement

Discretion. The Trustee shall have absolute and uncontrolled discretion as to the exercise of its functions functions, duties, powers or discretions and shall not be responsible for any loss, liability, cost, claim, action, demand, expense or inconvenience that may result from their exercise or non-exercise.

Appears in 1 contract

Samples: Lloyds Banking Group PLC

Discretion. The Trustee shall have absolute and uncontrolled discretion as to the exercise of its functions and under this Trust Deed and, save as otherwise provided in this Trust Deed, shall not be responsible for any loss, liability, cost, claim, action, demand, expense or inconvenience that may result from their exercise or non-exercise.

Appears in 1 contract

Samples: Intercontinental Hotels Group PLC /New/

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