DELIBERATIONS AND VOTES Sample Clauses

DELIBERATIONS AND VOTES. 1. Resolutions can only be taken if at least four members or replacement members, respectively, are present in the Committee. 2. If there is a disparity in the presence, each of the members shall vote as many times as there are members of the other party. 3. The Committee shall take its resolution through a standard majority of votes and shall give its resolutions in writing whilst providing reasons. The members shall act within this context in all fairness. 4. If the votes are tied and if a resolution cannot be taken during further deliberations, the Committee shall not provide a recommendation.
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Related to DELIBERATIONS AND VOTES

  • Poll and Voting (1) On every Extraordinary Resolution, and on any other question submitted to a meeting and after a vote by show of hands when demanded by the chairman or by one or more of the Registered Warrantholders acting in person or by proxy and entitled to acquire in the aggregate at least 5% of the aggregate number of Common Shares which could be acquired pursuant to all the Warrants then outstanding, a poll shall be taken in such manner as the chairman shall direct. Questions other than those required to be determined by Extraordinary Resolution shall be decided by a majority of the votes cast on the poll. (2) On a show of hands, every person who is present and entitled to vote, whether as a Registered Warrantholder or as proxy for one or more absent Registered Warrantholders, or both, shall have one vote. On a poll, each Registered Warrantholder present in person or represented by a proxy duly appointed by instrument in writing shall be entitled to one vote in respect of each Warrant then held or represented by it. A proxy need not be a Registered Warrantholder. The chairman of any meeting shall be entitled, both on a show of hands and on a poll, to vote in respect of the Warrants, if any, held or represented by him.

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