Full discretion definition

Full discretion means the power to distribute
Sample 1Sample 2Sample 3
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.
Sample 1Sample 2Sample 3
Full discretion means a [the] power to
Sample 1Sample 2Sample 3

Examples of Full discretion in a sentence

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

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

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

  • Full discretion will be given to the Director of Community Development and Assessment to determine whether this condition has been met.

  • 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, 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.

  • Policy issue 6: Need for harmonisation of timing of fundingOption 6.1: Full discretion to Member States CostsPolicyholdersSome degree of harmonisation across Member States would increase the protection of policyholders, particularly in cross-border situations.IndustryNo level playing field between insurers in the EU.SupervisorsNo material costs identified.OtherNo material costs identified.

  • Need for harmonisation of geographical scope of national IGSs3.1 Full discretion to Member States3.2 Home-country principle3.3 Host-country principle3.4 Host-country principle plus recourse arrangements 4.

  • Full discretion is not delegated to the investment advisor regarding the investment of the respective portfolios.

  • Policy issue 5: Need for harmonisation of eligible claimantsOption 5.1: Full discretion to Member States CostsPolicyholdersDifferences in policyholder eligibility and, hence, policyholder protection, will be preserved and maintained.IndustryNo level playing field with respect to the eligible claimants across the Member States.SupervisorsNo material costs identified.OtherNo material costs identified.BenefitsPolicyholdersNo material benefits identified.


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.
Sample 1Sample 2
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
Sample 1

Related to Full discretion

  • Selection Committee means a committee of individual(s) who evaluate and rank proposals; conduct negotiations; and makes a contract award recommendation to the District and its respective Committees.

  • Sole Discretion means the right and power to decide a matter, which right may be exercised arbitrarily at any time and from time to time.

  • determine or “determined” means as determined by the Board or the Committee (or its designee) in its sole discretion.

  • Full Board means the authorized number of voting members of the Board of Education.

  • 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.

  • Supervisory Committee means an oversight committee elected at a general meeting;

  • 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.

  • Remuneration Committee means the remuneration committee of the Company;

  • Supervising pharmacist means an Iowa-licensed pharmacist who is on duty in an Iowa-licensed pharmacy and who is responsible for assigning and supervising the duties performed by a pharmacy support person.

  • Supervisory Board means the individual or group of individuals that

  • 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.

  • Medical Review Officer (MRO) means a licensed physician responsible for receiving and reviewing laboratory results generated by the school district’s drug testing program and for evaluating medical explanations for certain drug tests.

  • Investigation Committee means the Investigation Committee appointed by the Board under Regulation 5 of these Regulations;

  • Board of canvassers means the entities established by Sections 20A-4-301 and 20A-4-306 to canvass election returns.

  • Teaching Staff means teachers and the principal or head teacher employed at the Academy.

  • Coordination Committee means the jointly constituted PJM and NYISO committee established to administer the terms and provisions of this Agreement pursuant to Section 35.3.2.

  • Discipline Committee means the Discipline Committee of the College, and includes a panel of the Discipline Committee;

  • Supervising physician means any physician licensed under Iowa Code chapter 148, 150, or 150A. The supervising physician is responsible for medical direction of emergency medical care personnel when such personnel are providing emergency medical care.

  • Disciplinary Committee means the committee established under section

  • Compensation Committee means the Compensation Committee of the Board.

  • State committee means a committee formed to support or oppose candidates for state office or state ballot measures.

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

  • Candidate Committee means a committee established by a candidate pursuant to N.J.S.A. 19:44A-9(a), for the purpose of receiving contributions and making expenditures.