Common use of Standard for Discretion Clause in Contracts

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.

Standard for Discretion. If In the event this Trust Deed is silent on the standard for any consent, approval, determination, or similar discretionary action, the standard will shall be sole and unfettered discretion as opposed to any standard of good faith, fairness, or reasonableness.