Limited discretion definition

Limited discretion means a limited or modified
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Limited discretion means a discretionary power of
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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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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.

  • Limited discretion: STANLIB shall act on all instructions provided by the Client or authorised FSP.

  • 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.

  • Limited discretion and accountability after the fact When the trustees' discretion is limited and when the results of the trustees' decisions can be evaluated, the trustees usually are required to disclose what they have done after the fact.

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


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

  • Limited Index Ratio means (a) in respect of any month or date, as the case may be, prior to the relevant Issue Date, the Index Ratio for that month or date, as the case may be, (b) in respect of any Limited Indexation Date after the relevant Issue Date, the product of the Limited Indexation Factor for that month or date, as the case may be, and the Limited Index Ratio as previously calculated in respect of the month or date, as the case may be, twelve months prior thereto; and (c) in respect of any other month, the Limited Index Ratio as previously calculated in respect of the most recent Limited Indexation Month;

  • Limited Liability Company Interests means the entire limited liability company membership interest at any time owned by any Pledgor in any limited liability company.

  • kg means kilogram.

  • Limited liability means that the liability of each shareholder is limited to the amount unpaid by the shareholder on the shares of the company (except in exceptional circumstances, such as involving fraud, the establishment of an agency relationship or an illegal or improper purpose or other circumstances in which a court may be prepared to pierce or lift the corporate veil).

  • Limited Liability Company Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all limited liability company capital and interest in other limited liability companies), at any time owned or represented by any Limited Liability Company Interest.

  • Substitute Limited Partner means any Person admitted to the Partnership as a Limited Partner pursuant to Section 9.03 hereof.

  • Ballast means a device used with an electric discharge lamp to obtain necessary circuit conditions, such as voltage, current, and waveform, for starting and operating the lamp.

  • Registered Office means the registered office for the time being of the Company.

  • Credit-Limited Offer means a Sell Offer that is submitted by a Market Participant in an RPM Auction subject to a maximum credit requirement specified by such Market Participant.

  • Limited Offering means an offering that is exempt from registration under the Securities Act of 1933 pursuant to Section 4(2) or Section 4(6) or pursuant to Rule 504, Rule 505, or Rule 506 under the Securities Act of 1933.

  • Limited lines insurance means any of the following:

  • Substituted Limited Partner means a Person who is admitted as a Limited Partner to the Partnership pursuant to Section 11.4.

  • Domestic limited liability company means an entity that is an unincorporated association having one or more members and that is organized under ORS chapter 63.

  • Junior accessory dwelling unit means a unit that is no more than 500 square feet in size and contained entirely within a single-family residence. A junior accessory dwelling unit may include separate sanitation facilities, or may share sanitation facilities with the existing structure.

  • Limited liability company means a limited liability company formed under Chapter 1705 of the Ohio Revised Code or under the laws of another state.

  • Foreign limited liability limited partnership means a foreign limited partnership whose general partners have limited liability for the obligations of the foreign limited partnership under a provision similar to section 488.404, subsection 3.

  • Dried flower means all dead cannabis that has been harvested, dried, cured, or otherwise processed, excluding leaves and stems.

  • Silicone-based Multi-purpose Lubricant means any lubricant which is:

  • General purpose adhesive remover means a product designed or labeled to remove cyanoacrylate adhesives as well as nonreactive adhesives or residue from a variety of substrates. “General Purpose Adhesive Remover” includes, but is not limited to, products that remove thermoplastic adhesives; pressure sensitive adhesives; dextrine or starch-based adhesives; casein glues; rubber or latex-based adhesives; as well as products that remove stickers; decals; stencils; or similar materials. “General Purpose Adhesive Remover” does not include “Floor or Wall Covering Adhesive Remover.”

  • Younger-generation substitute gift means the substitute gift created with respect to the younger-generation future interest.

  • Stinger-steered automobile or watercraft transporter means an automobile or watercraft transporter

  • General purpose adhesive means any non-aerosol adhesive designed for use on a variety of substrates. “General Purpose Adhesive” does not include (i) contact adhesives, (ii) construction, panel, and floor covering adhesives, (iii) adhesives designed exclusively for application on one specific category of substrates (i.e., substrates that are composed of similar materials, such as different types of metals, paper products, ceramics, plastics, rubbers, or vinyls), or (iv) adhesives designed exclusively for use on one specific category of articles (i.e., articles that may be composed of different materials but perform a specific function, such as gaskets, automotive trim, weather-stripping, or carpets).

  • Clean ballast means the ballast in a tank which since oil was last carried therein, has been so cleaned that effluent therefrom if it were discharged from a ship which is stationary into clean calm water on a clear day would not produce visible traces of oil on the surface of the water or on adjoining shorelines or cause a sludge or emulsion to be deposited beneath the surface of the water or upon adjoining shorelines. If the ballast is discharged through an oil discharge monitoring and control system approved by the Administration, evidence based on such a system to the effect that the oil content of the effluent did not exceed 15 parts per million shall be determinative that the ballast was clean, notwithstanding the presence of visible traces.

  • Single member limited liability company means a limited liability company that has one direct member.

  • Limited access highway means a highway:

  • Automotive hard paste wax means an automotive wax or polish that is: