Balanced Voting definition

Balanced Voting means that, in the context of EC Subcommittees and task forces, with respect to Standards/Model Business Practices development, voting is governed by rules and procedures that provide for balance of interests among industry Segments and Quadrants participating in NAESB so as to avoid having any one interest exert undue influence over any decision.
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Balanced Voting means each segment has maximum of two (2) countable votes, regardless of the number of members present from a segment. If there are two or more members from a segment in attendance, countable votes are determined by dividing the total number of votes cast by members of a segment by the total number of that segment's voters present and voting, and multiplying the result by two. Where there are two or fewer segment members present, each vote counts as one countable vote. A simple majority is required to decide issues and abstentions are not counted. The chair shall be selected from among the members of the group, or appointed by the EC, as the EC may determine.
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Balanced Voting means that, in the context of EC Subcommittees and task
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Examples of Balanced Voting in a sentence

  • A voting process under Balanced Voting with five individuals, A, B, C, D, E, might look like Figure 1.

  • For instance, upon leaving the EU, a country might agree on a customs union with the EU, settle for a free-trade agreement with the EU or may ball back on WTO rules governing trade with the EU.Under Balanced Voting, agents have the option in the first stage of either voting on the fundamental (new) direction envisaged or abstaining.

  • Balanced Voting enables A and B to have their say on the country to go to, since this is more important for them than biking or hiking.

  • As Table 1 reveals, and based on 2009 figures, the average size of the undeclared economy in the fiveExplaining the undeclared economy in Bulgaria: an institutional asymmetry perspective Table 1 Tax revenue lost as a result of the undeclared economy, five South-East European countries CountryGDP 2009 average Source: derived from Murphy (2012) South-East European countries analysed was 29.9 per cent of GDP and on average, 22.8 per cent of the total tax revenue was lost in these countries.

  • Balanced Voting is perfectly well illustrated by a decision process of an everyday nature.

  • Moreover, the outcome under Balanced Voting Pareto-dominates the outcome under simple majority voting and Minority Voting.Discussion.

  • Balanced Voting thus enables individuals who do not feel strongly about the fundamental decision to trade off their voting rights in the first stage for a guaranteed voting right in the second stage.

  • Yet, Balanced Voting might also serve as an intuitive and easily agreed-upon scheme for multiple collective decisions in small groups.

  • In small groups, Balanced Voting may thus be an intuitive scheme to intertemporarily and voluntarilytrade voting rights.

  • We identify the circumstances under which Balanced Voting performs well with regard to utilitarian welfare and Pareto dominance.

Related to Balanced Voting

  • e-voting means voting using either the internet, telephone or text message; “e-voting information” has the meaning set out in rule 24.2;

  • Combined Voting Power means the aggregate votes entitled to be cast generally in the election of the Board of Directors, or similar managing group, of a corporation or other entity by holders of then outstanding Voting Securities of such corporation or other entity.

  • Subordinate Voting Shares means subordinate voting shares in the capital of the Company.

  • Recorded Vote means a written record of the name and vote of each member of Council or a Committee who votes on a question and of each member present who does not vote.

  • Total Voting Power means, with respect to any Person, the total number of votes which may be cast in the election of directors of such Person at any meeting of stockholders of such Person if all securities entitled to vote in the election of directors of such Person (on a fully diluted basis, assuming the exercise, conversion or exchange of all rights, warrants, options and securities exercisable for, exchangeable for or convertible into, such voting securities) were present and voted at such meeting (other than votes that may be cast only upon the happening of a contingency).

  • Subclass With respect to the Class A-V Certificates, any Subclass thereof issued pursuant to Section 5.01(c). Any such Subclass will represent the Uncertificated Class A-V REMIC Regular Interest or Interests specified by the initial Holder of the Class A-V Certificates pursuant to Section 5.01(c).

  • Voting Record Date means the date for determining the eligibility of Members to vote at the Special Meeting.

  • Class 3 means, at any time, all Class 3 Loans at such time.

  • Subordinated Certificates As specified in the Preliminary Statement.

  • Special Voting Unit means a special voting unit of the REIT;

  • Ballot card means a ballot that can be counted using automatic tabulating equipment.

  • Related Certificates For each interest in the Upper Tier REMIC, the Class of Certificates listed on the same row in the table entitled "Upper Tier REMIC" in the Preliminary Statement.

  • Provisional ballot means a ballot voted provisionally by a person:

  • Registered voter means any person who is maintained on the Virginia voter registration system. All

  • Class Coupon The Class Coupon on each Class of Notes for any Accrual Period will be as set forth in Appendix I for Original Notes and Appendix II for MAC Notes.

  • Scratch vote means to mark or punch the straight party ticket and then mark or

  • Aggregate Voting Interests The aggregate of the Voting Interests of all the Certificates under this Agreement.

  • Vote ’ means one of the main segments into which a budget of a municipality is divided for the appropriation of funds for the different departments or functional areas of the municipality; and which specifies the total amount that is appropriated for the purposes of the department or functional area concerned.

  • Special Voting Units means, collectively, special voting units of the REIT, and “Special Voting Unit” means any one of them.

  • Lower-Tier Distribution Account A subaccount of the Distribution Account, which shall be an asset of the Trust Fund and the Lower-Tier REMIC.

  • Upper-Tier Distribution Account A subaccount of the Distribution Account, which shall be an asset of the Trust Fund and the Upper-Tier REMIC.

  • Special Voting Share means the one share of Series B special voting preference stock with no par value, issued by US Gold to and deposited with the Trustee, which entitles the holder of record to a number of votes at meetings of holders of shares of US Gold Common Stock equal to the number of Exchangeable Shares outstanding from time to time that are held by Beneficiaries.

  • Class P designation on the face thereof, substantially in the form of Exhibit A-5 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Uncertificated Principal Balance As of the Closing Date, the Uncertificated Principal Balance of each REMIC I Regular Interest shall equal the amount set forth in the Preliminary Statement hereto as its initial Uncertificated Principal Balance. On each Distribution Date, the Uncertificated Principal Balance of each REMIC I Regular Interest shall be reduced by all distributions of principal deemed made on such REMIC Regular Interest on such Distribution Date pursuant to Section 4.02 and, if and to the extent necessary and appropriate, shall be further reduced on such Distribution Date by Realized Losses as provided in Section 4.05, and the Uncertificated Principal Balance of REMIC I Regular Interest ZZ shall be increased by the related interest deferrals as provided in Section 4.02. The Uncertificated Principal Balance of each REMIC I Regular Interest shall never be less than zero. With respect to the REMIC II Regular Interest SB-PO an initial amount equal to the amount set forth in the Preliminary Statement hereto as its initial Uncertificated Principal Balance. On each Distribution Date, the Uncertificated Principal Balance of each REMIC II Regular Interest shall be reduced by all distributions of principal deemed made on such REMIC Regular Interest on such Distribution Date pursuant to Section 4.02 and, if and to the extent necessary and appropriate, shall be further reduced on such Distribution Date by Realized Losses as provided in Section 4.05.

  • film classification body means the person or persons designated as the authority under section 4 of the Video Recordings Act 1984 (c.39) (authority to determine suitability of video works for classification).

  • Class session means the length of time provided for students to access the materials necessary for the completion of course assignments and tests. Depending on the copyrighted work's overall importance to the course, which can vary from a single assignment to an entire course focusing on the copyrighted work, the class session will end on: