Sole Discretion definition
Examples of Sole Discretion in a sentence
If it is specifically provided that a consent, approval or satisfaction may be given or withheld in the Sole Discretion of Owner, it may be given or withheld in the sole, absolute and unfettered discretion of Owner, which may be arbitrarily exercised without any requirement to provide reasons or explanations, whatsoever (“Sole Discretion”).
If the Company in its Sole Discretion so elects, it may register the Common Shares issuable upon vesting of the Options under the Securities Act of 1933, as amended (the “Securities Act”), and list the Common Shares on any securities exchange.
Seller may disclose Confidential Information to the Commission, the Federal Energy Regulatory Commission or any other Governmental Authority for purposes of establishing and continuing the effectiveness of any Governmental Authorizations deemed required by Seller in its Sole Discretion to effect the transactions contemplated by this agreement.
This agreement will bind and benefit the Parties hereto and their successors and permitted assigns; provided that no conveyance or transfer of any interest of either Party will relieve a Party of any obligation to the other Party unless and until a Party’s successors or assigns are approved in writing by the other Party which consent will be in the consenting Party’s Sole Discretion.
For greater certainty, Owner will promptly return the Bid Security to Project Co if Financial Close is not achieved on or before the Financial Close Target Date (as such date may be extended by Owner in its Sole Discretion upon the request of Project Co) as a result of circumstances other than those which entitle Owner to draw on the Bid Security in accordance with the provisions of this Section 2.4(a).