Standard for Discretion Sample Clauses

Standard for Discretion. If this Trust Deed is silent on the standard for any consent, approval, determination, or similar discretionary action, the standard will be sole and unfettered discretion as opposed to any standard of good faith, fairness, or reasonableness.
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Standard for Discretion. In the event this Agreement is silent on the standard for any consent, approval, determination, or similar discretionary action by Lender, the standard shall be sole and unfettered discretion.
Standard for Discretion. Other than as explicitly provided herein, if any provision of this Sublease requires Sublessee to obtain Sublessor’s consent, approval, or any other discretionary determination, then Sublessor may not unreasonably withhold or condition such consent, approval or determination. Further, any approval given by Sublessor under this Sublease will be subject to obtaining Lessor’s approval or consent in accordance with the terms of the Lease.
Standard for Discretion. In the event this Agreement is silent on the standard for any consent, approval, determination, or similar discretionary action by Bondowner Representative, the standard shall be sole and unfettered discretion as opposed to any standard of good faith, fairness, or reasonableness, provided, however, that Borrower understands that Bondowner Representative shall retain the right to modify the construction related conditions and requirements set forth in this Agreement to the extent reasonably necessary to ensure the Project is completed in a workmanlike manner and free and clear of liens.
Standard for Discretion. The standard for any consent, approval, determination, or similar discretionary action is good faith, fairness, or reasonableness.

Related to Standard for Discretion

  • Compliance Committee (1) Within thirty (30) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) directors, of which no more than one (1) shall be an employee or controlling shareholder of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.

  • Annual Review The Board of Directors during the Contract Period shall review annually, or at more frequent intervals which the Board of Directors determines is appropriate, the Executive’s compensation and shall award the Executive additional compensation to reflect the Executive’s performance, the performance of the Company and competitive compensation levels, all as determined in the discretion of the Board of Directors.

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