Common use of Rules of majority Clause in Contracts

Rules of majority. Decisions are taken by Simple Majority. In the event of a split decision, the Chairman shall have the casting vote.

Appears in 2 contracts

Samples: Articles of Association, Articles of Association

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Rules of majority. Decisions are taken by Simple Majority. In the event of a split of decision, the Chairman chairman shall have the casting vote.

Appears in 2 contracts

Samples: Articles of Association, Articles of Association

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