Discretionary Management definition

Discretionary Management means the management on a discretionary basis of an investment portfolio of Financial Instruments pursuant to a general mandate given by the investor, of which the Dealings in this respect do not require any notification or approval by the investor.
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Discretionary Management means the ability, directly and indirectly, to direct or cause the direction of the management or policies of an entity or undertaking, whether through the ownership of voting securities or by contract, including as the general partner (of a partnership), manager, managing trustee or executor or otherwise.
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Discretionary Management. The extent to which the Independent Fiduciary is permitted to exercise authority and control over New Common Stock held by the VEBA Trust under the documents governing the VEBA Trust.
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Examples of Discretionary Management in a sentence

  • E.1.4 Clients of the Bespoke Discretionary Management Service should additionally refer to paragraphs E.15 – E.17 of these Specific Terms and Conditions and clients of CITS should additionally refer to paragraphs E.18 – E.26 of these Specific Terms and Conditions.

  • This is provided in conjunction with our relevant Advisory or Discretionary Management Services.

  • Specific warnings relevant to the investments, or investment strategies, we recommend will be confirmed to you in your Suitability Report or Discretionary Management Agreement.

  • For Discretionary clients, your investment portfolio will be kept under review in line with the signed Discretionary Management Agreement.

  • The relevant risk warnings for these investments will be set out in your suitability letter or held within the Appendices of the Discretionary Management Agreement.

  • If you specify and we agree to any investment restrictions, these will be confirmed to you in your Suitability Report or Discretionary Management Agreement.

  • The management and brokerage fees are those applicable to Discretionary Management.

  • Should we be required to communicate with you in writing we will send the communication to you at the address or facsimile number set out in the Discretionary Management Agreement or such other addresses as agreed with us.

  • The Discretionary Management Service agreement shall not be assignable by you without the express written consent of us.

  • You are not required to report holdings information or obtain pre-clearance approval with respect to transactions in a Discretionary Managed Account as long as you provide sufficient evidence (in a form acceptable to the CCO) from the manager of those investments that you do not exercise direct or indirect influence or control over investment decisions.On an annual basis, you will be required to make an additional certification regarding the Discretionary Management Account.


More Definitions of Discretionary Management

Discretionary Management means the extent to which the Independent Fiduciary is permitted to exercise authority and control over the Common Stock held by the VEBA Trust under the Stock Transfer Restriction and Voting Restriction entered into on August 1, 2003 between the Company and WesBanco Bank, Inc., and agreed to by the Independent Fiduciary (the "Stock Transfer Restriction and Voting Agreement"), under the engagement letter agreement of August 1, 2003 between the Company and the Independent Fiduciary, and under this Agreement.
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Discretionary Management means the management of a portfolio of securities where the manager has been granted discretionary powers to select investments and buy and sell them without the prior consent of the company;
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Related to Discretionary Management

  • discretionary use means the use of land or a building provided for in this Bylaw for which a development permit may be issued upon an application having been made;

  • Discretionary Portfolio Management Services means the portfolio management services rendered to the Client by the Portfolio Manager on the terms and conditions contained in the agreement, where under the Portfolio Manager exercises any degree of discretion in the investments or management of assets of the Client.

  • Discretionary Assets means (i) securities that, if distributed, would be required to be registered under the Securities Act of 1933, as amended; (ii) securities issued by entities in countries that (A) restrict or prohibit the holding of securities by non-nationals other than through qualified investment vehicles, or (B) permit transfers of ownership of securities to be effected only by transactions conducted on a local stock exchange; and (iii) any assets that, although they may be liquid and marketable, must be traded through the marketplace or with the counterparty to the transaction in order to effect a change in beneficial ownership."

  • Non-Management Director means any Person selected in accordance with Article IV of this Agreement who is not a Management Director.

  • Discretionary Sale The meaning specified in Section 2.14(c).

  • Discretionary Account means a Personal Account in which you have completely turned over decision-making authority to a professional money manager (who is not a Family Member or not otherwise covered by this Code) and you have no direct or indirect influence or control over the account. (Such Discretionary Accounts are often referred to as “professionally managed,” “controlled” or “managed” accounts.)

  • Non-Discretionary Portfolio Management Services means a portfolio management services under which the Portfolio Manager, subject to express prior instructions issued by the Client from time to time in writing, for an agreed fee structure and for a definite described period, invests in respect of the Client’s account in any type of security entirely at the Client’s risk and ensure that all benefits accrue to the Client’s Portfolio.

  • Management Director means a Person selected in accordance with Article IV of this Agreement who shall have the powers and duties to manage the business and affairs of the Company and exercise its powers to the extent set forth in this Agreement, the Certificate and the Act. Each Management Director shall be a “manager” of the Company within the meaning of the Act.

  • Discretionary Portfolio Manager means a Portfolio Manager who exercises or may, under a contract relating to portfolio management, exercise any degree of discretion as to the investments or management of the portfolio of securities or the funds of the Client, as the case may be.

  • Discretionary Contribution means the contribution made by the Employer on behalf of a Participant as described in Section 4.4(b).

  • Emergency management means lessening the effects of, preparations for, operations during, and recovery from natural, technological or human-caused disasters. These actions are broad in scope and include, but are not limited to: disaster plans, mitigation, preparedness, response, warning, emergency operations, training, exercising, research, rehabilitation, and recovery activities.

  • Management Committee means in the case of a Competition which is an unincorporated association, the management committee elected to manage the running of the Competition and where the Competition is incorporated it means the Board of Directors appointed in accordance with the articles of association of that company.

  • Incentive Management Fee shall have the meaning set forth in Section 9.2(e) hereof.

  • System for Award Management (XXX) means the Federal repository into which an Entity must enter the information required under the Transparency Act, which may be found at xxxx://xxx.xxx.gov.

  • System for Award Management (SAM means the primary Government repository for prospective Federal awardee and Federal awardee information and the centralized Government system for certain contracting, grants, and other assistance-related processes. It includes—

  • Investment Management Fee means each of the Senior Investment Management Fee, the Subordinated Investment Management Fee and the Incentive Investment Management Fee.

  • Management means an activity inclusive of control and performed on a daily basis, by any person who is a principal executive officer of the company, by whatever name that person may be designated, and whether or not that person is a director.

  • Compensation Committee means the Compensation Committee of the Board.

  • Utilization management section means “you or your authorized representative.” Your representative will also receive all notices and benefit determinations.

  • PJM Management means the officers, executives, supervisors and employee managers of PJM.

  • Key Management Personnel means persons having authority and responsibility for planning, directing and controlling the activities of the Company, directly or indirectly, including any Director (whether executive or otherwise) of the Company;

  • Management Board means the management board of the Company.

  • State Management Committee means a Committee comprising representatives from the Confederation of Western Australian Industry, the Trades and Labor Council of Western Australia, Technical and Further Education (TAFE) and the relevant Federal and State Government Departments which approve traineeship arrangements by agreement of each of the parties. The State Management Committee may be established pursuant to the provisions of the Industrial and Commercial Training Act, 1975 or any amendment to or substitution of that Act, provided that any Committee or body established in lieu of the State Management Committee has the same representatives structure and decision making processes as that Committee.

  • Management Plan means a plan to manage the activities and protect the special value or values in an Antarctic Specially Protected Area or an Antarctic Specially Managed Area.

  • Adaptive management means reliance on scientific methods to test the results of actions taken so that the management and related policy can be changed promptly and appropriately.

  • Management Incentive Plan means the Company’s bonus program, as implemented by the Company’s board of directors from time to time and pursuant to which the Executive may receive incentive-based compensation at fiscal year end.