Full discretion definition

Full discretion means the power to distribute
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Full discretion means a power to distribute principal to or for the benefit of one or more of the beneficiaries of a trust that is not a trust with limited discretion.
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Full discretion means a [the] power to
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Examples of Full discretion in a sentence

  • Full discretion, consistent with this policy, is granted to all investment managers.

  • Full discretion, within the parameters of these guidelines is granted to the investment managers regarding the allocation of their portfolios, the selection of securities, and the timing of transactions.

  • Full discretion in implementing the investment strategy, within the parameters of all applicable guidelines described herein, is granted to the Commission’s investment managers regarding the selection of securities and the timing of transactions within the portion of the Portfolio allocated to each manager.

  • Full discretion, consistent with this policy and contractual guidelines, is granted to all investment managers.

  • Full discretion never arises since D∗ = D¯ , although it solves (A.1) never satisfies the second-order condition since W¨ C (D¯ ) > 0.Suboptimality of a floor.

  • Full discretion shall be observed, both internally and externally, with regard to the employer’s affairs.

  • More than thirty properties nationwide, representing a broad cross section of the industry are surveyed and their signage practices documented.

  • Investment Guidelines Full discretion, within the parameters of the guidelines described herein, is granted to the investment managers regarding the allocation of their portfolios, the selection of securities, and the timing of transactions.

  • This will require more than 59,000 books, which will need to be transported to a TPS storage facility.

  • Full discretion shall be granted to the Managers regarding their portfolio diversification, the selection of securities, and the timing of transactions, within the parameters of the objectives and guidelines described herein and in PSRSSTL Rule XIV.


More Definitions of Full discretion

Full discretion means the power to distribute principal to or for the benefit of one or more of the beneficiaries of a trust that is not limited or modified by the terms of the trust in any way, including by restrictions that limit distributions to purposes such as the best interests, welfare, or happiness of the beneficiaries.
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Full discretion means that the trustee of the existing trust has a power to distribute principal to or for the benefit of one or more of the beneficiaries of a trust, and that the trust is not a trust with limited discretion. Conversely, “limited discretion” means either (1) a power to distribute principal according to mandatory distribution provisions under which the trustee has no discretion, such as the age-terminating example referenced in the introduction; or (2) a power to distribute principal to or for the benefit of one or more beneficiaries of a trust that is limited by an ascertainable standard, including the health, education, support, or maintenance of the beneficiary.16
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Related to Full 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.

  • Executive Committee means a group of directors elected or appointed to act on behalf of, and within the powers granted to them by, the Commission.

  • Disciplinary Committee means the committee established under section 31;

  • Compensation Committee means the Compensation Committee of the Board.

  • the Board means the board of directors of the Company;