In the reasonable exercise of discretion definition

In the reasonable exercise of discretion means that an order, decision, determination, finding, ruling, opinion, action, or inaction was based upon facts reasonably found to exist and was not inconsistent with generally acceptable standards and practices of those knowledgeable in the field in question.
Sample 1Sample 2Sample 3
In the reasonable exercise of discretion means that an
Sample 1

Examples of In the reasonable exercise of discretion in a sentence

  • In the reasonable exercise of discretion, the Commissioner could grant or deny the request.

Related to In the reasonable exercise of discretion

  • Cashless Exercise means a Cashless Exercise as defined in Section 6.3(b)(i).

  • Exercise Notice has the meaning set forth in Section 3.2(1);

  • Net Exercise means a Net Exercise as defined in Section 6.3(b)(iii).

  • Exercise means a Holder’s right to exercise the Securities, in accordance with Product Condition 3;

  • Early Opt-in Election means the occurrence of:

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.