Absolute discretion definition

Absolute discretion means the right to distribute
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Absolute discretion means absolute and unfettered discretion;
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Absolute discretion means, in reference to a Party, in the absolute and unqualified discretion of such Party, without any obligation to act reasonably;
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Examples of Absolute discretion in a sentence

  • For this purpose, a distinction is drawn between: Absolute discretion, or No absolute discretion.

  • Absolute discretion on where applicable permit Grantee to use packaged non-perishable food.

  • Absolute discretion over the implementation of the discretionary funding allocation of $60,000 (subject to being consistent with any policies or standards adopted by the Council).


More Definitions of Absolute discretion

Absolute discretion means the right to distribute principal that is not limited or modified in any manner to or for the benefit of one or more benefi- ciaries of the trust, whether or not the term “abso- lute” is used. A power to distribute principal that includes purposes such as best interests, welfare, or happiness shall constitute absolute discretion.
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Absolute discretion means that:
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Absolute discretion means the right to
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Related to Absolute discretion

  • 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.

  • Sole Discretion means, with respect to any determination to be made under this Agreement by a Party, the sole and absolute discretion of that Party, without regard to any standard of reasonableness or other standard by which the determination of that Party might be challenged. “Reasonable efforts” or “commercially reasonable efforts” means, with respect to a given obligation, the efforts that a reasonable and prudent person wishing to achieve a result would use in similar circumstances to perform that obligation as promptly as possible consistent with its normal business practices and good-faith business judgment, including the incurrence of reasonable immaterial expenditures or liabilities. If any date specified in this Agreement as the only day, or the last day, for taking action falls on a day that is not a business day, then that action may be taken on the next business day. Unless stated otherwise, all references to a date or time of day in this Agreement are references to that date or time of day of the location of bookinglab set out on page 1. An obligation on a Party not to do something includes an obligation not to attempt to do that thing nor to allow that thing to be done.

  • 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.

  • Administrative merits determination means certain notices or findings of labor law violations issued by an enforcement agency following an investigation. An administrative merits determination may be final or be subject to appeal or further review. To determine whether a particular notice or finding is covered by this definition, it is necessary to consult section II.B. in the DOL Guidance.

  • Compensation Committee means the Compensation Committee of the Board.