Common use of No Casting Vote Clause in Contracts

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.

Appears in 4 contracts

Samples: Pooling and Settlement Agreement (Entergy London Capital Lp), Settlement Agreement (Southern Investments Uk PLC), Pooling and Settlement Agreement (Calenergy Co Inc)

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No Casting Vote. In the case of an equality of votes, whether on a show of hands hands, or on a poll, the chairman 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 votevote (in addition to the vote or votes to which he may be entitled to as a Debentureholder).

Appears in 3 contracts

Samples: Debenture Trust Deed, Debenture Trust Deed, Debenture Trust Deed

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