Outstanding Voting Securities Clause Samples

The 'Outstanding Voting Securities' clause defines which shares or equity interests in a company are currently issued and entitled to vote on corporate matters. In practice, this clause clarifies which securities are counted when determining voting power for decisions such as electing directors or approving major transactions, typically excluding treasury shares or those not entitled to vote. Its core function is to ensure clarity and consistency in corporate governance by specifying exactly which securities are considered when calculating voting thresholds or control.