Decision Making & Voting Sample Clauses

Decision Making & Voting. The S.106 Legal Agreement states how decision making on proposals is to be carried out. There is a legal process which has been set out, which is as follows:
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Decision Making & Voting. Each Party shall have one (1) vote in any matter requiring the Joint Steering Committee’s action or approval, and all decisions of the Joint Steering Committee shall require unanimous agreement of the Parties. The Joint Steering Committee shall make all decisions and take other actions in good faith and with due care, after consideration of the information that is reasonably available to it; provided that if the Joint Steering Committee cannot agree on any matter within its decision-making authority, then either Party may submit the matter for resolution in accordance with Article 11. For clarity, except as specifically set forth herein, the Joint Steering Committee shall not have the power to determine or waive compliance with the obligations of this Agreement.
Decision Making & Voting. A quorum for this council is two thirds, a minimum of 14 representative members and the Alliance Chair. Votes concerning policy, elections, or amendments to the APAC operational agreement or by-laws require a quorum. The Alliance Chair, who is a non-voting member of APAC, will facilitate the voting, which may be either a show of hands or ballot. A simple majority will decide the issue. In case of a tie, the Alliance Chair will cast the deciding vote.

Related to Decision Making & Voting

  • Required Vote The affirmative vote of the holders of shares representing a majority of the voting power of the outstanding shares of the Company Common Stock is the only vote required, if any, of the holders of any class or series of capital stock or other Equity Interests of the Company to approve and adopt this Agreement and the transactions contemplated hereby, including the Merger (the “Company Stockholder Approval”).

  • Quorum; Voting A majority of the members of any Committee of the Trustees shall constitute a quorum for the transaction of business, and any action of such a Committee may be taken at a meeting by a vote of a majority of the members present (a quorum being present).

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