Common use of Permitted Discretion Clause in Contracts

Permitted Discretion. a determination made in the exercise, in good faith, of reasonable business judgment (from the perspective of a secured, asset-based lender).

Appears in 10 contracts

Sources: Loan, Security and Guaranty Agreement (Hyster-Yale Materials Handling, Inc.), Loan Agreement (Hyster-Yale Materials Handling, Inc.), Loan and Security Agreement (Hydrofarm Holdings Group, Inc.)

Permitted Discretion. a determination made in the exercise, in good faith, of reasonable business judgment (from the perspective of a secured, asset-secured lender providing for a secured facility of the type set forth herein and based lenderon the applicable circumstances as of the applicable date of determination).

Appears in 2 contracts

Sources: Financing Agreement (Select Interior Concepts, Inc.), Financing Agreement (Select Interior Concepts, Inc.)

Permitted Discretion. a determination made by Agent in the exercise, in good faith, of its reasonable business judgment (from the perspective of a secured, asset-based lender).

Appears in 1 contract

Sources: Loan, Security and Guaranty Agreement (Willbros Group, Inc.\NEW\)

Permitted Discretion. a determination made in the exercise, in good faith, of reasonable business judgment (from the perspective of a secured, asset-based lender).

Appears in 1 contract

Sources: Credit and Security Agreement (Titan International Inc)

Permitted Discretion. a determination made in the exercise, in good faith, of reasonable business judgment (from the perspective of a secured, asset-based lender).. ​

Appears in 1 contract

Sources: Loan and Security Agreement (Adara Acquisition Corp.)