Common use of Qualified Majority Voting Clause in Contracts

Qualified Majority Voting. For any decision that requires passage by a Qualified Majority, such Qualified Majority Voting shall be carried out in one of the following ways: 8.4.1. Passage at a Steering Committee Meeting provided that two (2) weeks prior to such Qualified Majority Voting, Steering Committee Members are provided with (a) notice that Qualified Majority Voting will take place on a specific date, and (b) a draft of the proposed motion. 8.4.2. Passage by written or electronic balloting provided that all Steering Committee Members are given actual notice and a reasonable opportunity to cast a ballot. 8.4.3. Passage by unanimous vote taken at a meeting of the Steering Committee at which all Steering Committee Members are present.