Discretions. 5.2.1 Within three months of the Commencement Date (or of the date of this Agreement, if later), the Admission Body must provide the Administering Authority with a statement of the Admission Body’s policies concerning the exercise of its functions under regulations 16(2)(e), 16(4)(d), 30(6), 30(8) and 31 of the 2013 Regulations. The statement must follow the form of statement prescribed by the Administering Authority from time to time. The Admission Body must keep these policies under review. Where the Admission Body determines to revise any of its policies, the Admission Body must publish the revised statement and send a copy of it to the Administering Authority within one month of the determination.
Discretions any party which is vested with a discretion or which may determine any matter in its opinion may be required to exercise such discretion reasonably or to base its opinion on reasonable grounds;
Discretions. Notwithstanding any provision of the Senior Finance Documents, each Agent may:
Discretions. MTC reserves the right to exercise certain discretions in respect of Client trading and Account management. In this regard, MTC will consider our commercial objectives, regulatory considerations and ethical obligations as a dealer. These discretions include, but are in no way limited to a right to: • Refuse any application for an Account without cause • Call for funds or security where we consider it would make commercial sense to do so (refer Clause 7.4) • Refuse to accept any trades placed by the Client that we judge to be clearly outside the prevailing market price such that they may be deemed non-market price transactions, whether due to manifest human error or stale/incorrect/broken price feeds. Where we have opened or closed a trade before becoming aware of the price disparity, we may at our absolute discretion either treat that trade as void or accept that trade at the prevailing Market price • Determine Commission rates and financing charges, • Decline the Client’s instructions or cancel any Order or instruction without reason, where:
Discretions. Any liberty or power which may be exercised or any determination which may be made under this Agreement by the Collateral Agent or any Receiver may, subject to the terms and conditions of the Intercreditor Arrangements and to any requirement of reasonableness required under this Agreement, be exercised or made in its absolute and unfettered discretion without any obligation to give reasons.
Discretions. 5.2.1 Within three months of the Commencement Date, the Admission Body shall provide the Administering Authority with a statement of the Admission Body's policies concerning the exercise of its functions under Regulations 16(2)(e), 16(4)(d), 30(6), 30(8) 31 of the Regulations. The statement must follow the form of statement prescribed by the Administering Authority as from time to time in place. The Admission Body must keep these policies under review. Where the Admission Body determines to revise any of its policies, the Admission Body must publish the revised statement and send a copy of it to the Administering Authority within one month of the determination.
Discretions. Where this Agreement confers on NAB a right or discretion, NAB will exercise that right or discretion reasonably after having regard to its legitimate business requirements.
Discretions. Any determination made by the Issuer will be made by acting in good faith and in a commercially reasonable manner and will be conclusive and binding on all parties, except in the case of manifest error.
Discretions. References to the exercise of discretions shall include the forming of opinions and the giving of approvals.
Discretions. 20.1 Nothing in these Terms of Business shall limit the manner in which we will exercise discretionary powers vested in us by you or for your benefit or otherwise in connection with the Services.
