Discretion definition

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

  • Provided, however, if such dispute is not subject to the dispute resolution provisions of Tarion, or in respect of which Xxxxxx declines to be involved, the Vendor shall have the option, in its Discretion, to terminate this Agreement, in which event the Vendor shall pay to the Purchaser the total of all sums paid by the Purchaser pursuant to this Agreement, including all deposits and amounts paid on account of extras and upgrades, without interest.

  • By entering into this Agreement of Purchase and Sale, the Purchaser acknowledges and agrees that the water heater to be installed in the home will be a rental unit, rented by the Purchaser from a Hot Water Rental provider pursuant to a rental contract and the Purchaser shall assume, on the earlier of occupancy or Closing, any applicable rental contract and/or as the Vendor may require in its Discretion, execute any rental contract with the hot water rental provider.


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, 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 sole, absolute and uncontrolled discretion.
Discretion means a determination made in good faith in the exercise of commercially reasonably business judgment (from the perspective of a secured mortgage warehouse line of credit lender).
Discretion means power of free decision, or latitude of choice within certain legal bounds;