No Casting Vote Clause Samples
The No Casting Vote clause stipulates that, in the event of a tied vote among decision-makers (such as directors or shareholders), the person presiding over the meeting does not have an additional or deciding vote to break the tie. This means that if votes are evenly split, the motion or resolution in question simply fails to pass, rather than being decided by the chairperson or presiding officer. The core practical function of this clause is to ensure fairness and prevent any single individual from having disproportionate influence in decision-making, thereby promoting balanced governance and reducing the risk of unilateral decisions.
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No Casting Vote. In the case of an equality of votes, whether on a show of hands or on a poll, the chairman of the meeting at which the show of hands takes place or at which the poll is demanded, shall not be entitled to a second or casting vote.
No Casting Vote. In the case of an equality of votes, the chair of a meeting of shareholders does not, either on a show of hands (or its functional equivalent) or on a poll, have a second or casting vote in addition to the vote or votes to which the chair may be entitled as a shareholder.
No Casting Vote. The chair does not have a casting vote in addition to any vote the chair has as a Member.
No Casting Vote. In the case of an equality of votes on any question, the question must be deemed not to have been carried and the chairperson is not to have a second or casting vote.
No Casting Vote. The chairperson of the Board or Shareholders’
No Casting Vote. The chairperson of the Board or Shareholders’ meeting or of any committee of the Board shall not have a casting vote.
No Casting Vote. The Chairman shall not have a casting vote.
No Casting Vote. 14.1 Subject to Article 14.2, if the numbers of votes for and against a proposal at a meeting of directors are equal, the chairman, if appointed pursuant to Article 13.1, shall not have a casting vote; any other director chairing a meeting shall not have a casting vote.
14.2 The chairman or other director chairing a meeting (or part of a meeting) shall not have a casting vote if, in accordance with the Articles, the chairman, or other director, is not an eligible director for the purposes of that meeting (or part of a meeting).
No Casting Vote. The Chair of the Board shall be the chairperson of any meeting of the Board, or if the Chair is not available, the chairperson shall be another Director who is present at the meeting and selected by a majority of Directors who are present. The chairperson of any meeting of the Board shall not have a second, double or casting vote if there is a tie in the votes cast at any meeting of the Board.
No Casting Vote. The Chairman of Directors shall not have nor purport to exercise any power of a casting vote.