How is Sole Discretion defined in a legal contract?
- Sole Discretion means the authority to make a decision at will, at any moment in time. Seen in 28 SEC filings.
- Sole Discretion means the party making the decision can do it completely at their will. Seen in 15 SEC filings.
- Sole Discretion means making a decision based on a broad understanding of the existing facts and circumstances. Seen in 12 SEC filings.
- Sole Discretion means the ability to make a decision without considering any standards of reason or other challengeable benchmarks. Seen in 11 SEC filings.
- Sole Discretion means to consider only personal interests and factors when making decisions, disregarding any obligation to consider the interests of any other [organization] or individual. Seen in 9 SEC filings.
- Sole Discretion means the discretion to take or not take action for any reason, considering factors determined by the decision-maker. Seen in 9 SEC filings.
- Sole Discretion means the power of a [organization] to make decisions without adhering to standard measures of reasonableness or any other challengeable metrics. Seen in 8 SEC filings.
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for 'Definitions of sole discretion' yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Sole Discretion means the unchallenged authority to make decisions independently at any time.
Relevant Contract Types
Relevant Circumstances
- Decision-making rights over business operations
- Discretionary power in financial decisions
- Control over human resource decisions
- Authority in project management decisions
Relevant Sectors
Genie Definition 2
- Sole Discretion means the right to act or refrain from acting for any reason, without consideration of any external standards or interests.
Relevant Contract Types
Relevant Circumstances
- Decision on release of confidential information
- Control over intellectual property usage
- Rights over business operation decisions
- Discretionary power in quality control issues
Relevant Sectors
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Sole Discretion means the unchallenged authority to make decisions independently at any time.
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