Limited discretion definition

Limited discretion means a limited or modified
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Limited discretion means a limited or modified power to distribute principal to or for the benefit of one or more beneficiaries of a trust.
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Limited discretion means a discretionary power of
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Examples of Limited discretion in a sentence

  • Limited discretion is available for the selection of the appropriate means of completing duties or tasks.

  • Limited discretion means that the Consultant is responsible for assessing the appropriateness of asset allocation strategies but does not have discretion to change the strategy without the Committee’s approval.

  • Limited discretion jobs were thus still not more profitable than full discretion jobs, even under a complete absence of hidden costs.

  • Motion by Gary Baker- I move to exit deliberative session at 9:00 PM to act on the Mandigo and165College applications, 2nd by Don Keeler.

  • Limited discretion is available to consider a small number of businesses that meet the eligible business criteria below but do not fall into the priority categories detailed above.

  • Limited discretion means that the advisor is responsible for assessing the appropriateness of asset allocation strategies but does not have discretion to change the strategy without the FIC’s approval.

  • Limited discretion by the recipient is more specific than the general activity being conducted by the recipient or the time frame in which the contribution must be used.

  • Limited discretion given to prosecutors, i.e. provisional dismissal of cases, etc.;40.

  • The auditing of accounts and of the legality and regularity of the underlying transactions should be undertaken by the Court of Auditors.

  • Delegated Inspection Authority will be approved at Chelton Limited discretion, when such training and delegation is mutually agreeable.


More Definitions of Limited discretion

Limited discretion means a discretionary power of distribution that is limited to an ascertainable standard or a reasonably definite standard.
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Limited discretion means a [limited or modified] 3-62 power to distribute principal to or for the benefit of one or more 3-63 beneficiaries of a trust that is limited by an ascertainable 3-64 standard, including the health, education, support, or maintenance 3-65 of the beneficiary.
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Related to Limited discretion

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

  • 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.

  • Majority in Interest of the Limited Partners means Limited Partners holding in the aggregate Percentage Interests that are greater than fifty percent (50%) of the aggregate Percentage Interests of all Limited Partners.

  • Negative Discretion means the discretion authorized by the Plan to be applied by the Committee to eliminate or reduce the size of a Performance Compensation Award consistent with Section 162(m) of the Code.

  • Submitted Discount has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Age-based discount means a discount offered on selected hospital policies for persons and/or their partners aged between 18 and 29. The discount is two per cent for each year that the person is aged under 30, to a maximum of 10 per cent. Providing the person remains on an applicable hospital cover, they are entitled to the discount until they turn 41 at which time the discount will decrease at the rate of two per cent per year for up to five years, so that no age-based discounts are available after the age of 45.

  • Consent of the Limited Partners means the Consent of a Majority in Interest of the Limited Partners, which Consent shall be obtained prior to the taking of any action for which it is required by this Agreement and may be given or withheld by a Majority in Interest of the Limited Partners, unless otherwise expressly provided herein, in their sole and absolute discretion.

  • Attending staff means any person on the staff of a public

  • Scratch vote means to mark or punch the straight party ticket and then mark or

  • State committee means a committee formed to support or oppose candidates for state office or state ballot measures.

  • Lot Size means the number Underlying Assets in one Lot in a CFD.

  • Corporate Trust Capacity means trustee, registrar, agency (including as paying agent, transfer agent, collateral agent, fiscal agent, escrow agent or similar agency capacity), servicer, master servicer, custodial (including document custody) or other similar capacity under a Corporate Trust Contract, and any rights or duties arising from, or the provision of any services in connection with, any such capacities.

  • Emergency Action means any emergency action for locational or system-wide capacity shortages that either utilizes pre-emergency mandatory load management reductions or other emergency capacity, or initiates a more severe action including, but not limited to, a Voltage Reduction Warning, Voltage Reduction Action, Manual Load Dump Warning, or Manual Load Dump Action.

  • Solicited Discount Proration has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • Whole Board means the total number of authorized directors whether or not there exist any vacancies in previously authorized directorships.

  • Finance Committee means the Finance Committee of the University;

  • Governance Committee means the Governance Committee of the Board.

  • Agency action Not later than 30 days after receiving an inspector general report of an alleged reprisal, the head of the agency shall determine whether there is sufficient basis to conclude that the non-Federal employer has subjected the employee to a prohibited reprisal. The agency shall either issue an order denying relief in whole or in part or shall take one or more of the following actions: - Order the employer to take affirmative action to xxxxx the reprisal. - Order the employer to reinstate the person to the position that the person held before the reprisal, together with compensation including back pay, compensatory damages, employment benefits, and other terms and conditions of employment that would apply to the person in that position if the reprisal had not been taken. - Order the employer to pay the employee an amount equal to the aggregate amount of all costs and expenses (including attorneys' fees and expert witnesses' fees) that were reasonably incurred by the employee for or in connection with, bringing the complaint regarding the reprisal, as determined by the head of a court of competent jurisdiction.

  • Sub-Committee means a committee of a committee created by the board.

  • Offered Discount has the meaning set forth in Section 2.05(a)(v)(D)(1).

  • Degree means: An award conferred at the Associate level or higher by an institution as official recognition for the successful completion of a program of studies. (Based on IPEDS definition.)

  • Sole Discretion means the right and power to decide a matter, which right may be exercised arbitrarily at any time and from time to time.

  • entire Board of Directors means the total number of directors which the Corporation would have if there were no vacancies.

  • Nomination and Remuneration Committee means a Committee of Board of Directors of the Company, constituted in accordance with the provisions of Section 178 of the Companies Act, 2013 and the Listing Agreement.

  • Quorum means a majority of the Regular Trustees or, if there are only two Regular Trustees, both of them.

  • Total Number of Directors means the total number of directors comprising the Board from time to time.