Discretionary power definition
Discretionary power means the authority, which provides an administrative agency or official with some degree of latitude in regard to choosing the most reasonable decision among several decisions in compliance with public and private interests.
Discretionary power means the ability of Stockholder (or Affiliates or Associates of Stockholder for which Stockholder may exercise voting or other discretionary authority), on behalf of its client, to (a) purchase or sell shares of Common Stock, (b) vote shares of Common Stock on any matter or proposal submitted to a vote of the Company's stockholders or (c) participate in any actions set forth in Section 5.1(a) hereof with respect to such shares, without the prior consent from such client to do any of the foregoing. "Discretionary Power" also means Stockholder's ability to take any of the actions specified in the preceding sentence with respect to shares of Common Stock held by an Affiliate or Associate of Stockholder without the prior consent from such Affiliate or Associate to take such action or actions.
Discretionary power means the discretionary power provided to the Minister for Health and Aged Care under subsection 90A(2) of the Act;
More Definitions of Discretionary power
Discretionary power also means Stockholder's ability to take any of the actions specified in the preceding sentence with respect to shares of Common Stock held by an Affiliate or Associate of Stockholder without the prior consent from such Affiliate or Associate to take such action or actions.