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Casting Vote definition

Casting Vote means the vote that the presiding officer of the Board or Committee may exercise to break a deadlock (occasionally in addition to a regular vote as a member of the body to resolve a deadlock).
Casting Vote means an extra vote given by a chair to decide an issue when the votes on each side are equal
Casting Vote means a second casting vote to decide the outcome of a board decision in circumstances where a deadlock vote of the board occurs, being a vote where 50% of votes is cast in favour, and 50% of votes is cast against, a resolution put to the board; CEO means the position of chief executive officer of MergeCo from time to time appointed by the Shareholders in accordance with clause 6.2; CFO means the chief financial officer of MergeCo from time to time appointed by the Shareholders in accordance with clause 8.3; Chairman has the mean given in clause 5.6(a);

Examples of Casting Vote in a sentence

  • The Casting Vote shall be personal to the chairman and will not transfer to any other director acting as a chairman of a meeting of the board of directors in the chairman’s absence.

  • If there are equal votes on any resolution, the Chairman will have a right to cast an additional vote (Casting Vote).

  • The Casting Vote (as such term is defined in the certificate of incorporation) shall not be taken into account when determining the presence of a quorum.

  • All the members, including the Chairman, shall have a right to vote and decisions taken by the majority of the members present at the meeting shall be deemed to be the decisions of the Board, provided that in case of equality of the votes, the Presiding Authority shall be in addition to his own vote as a member, have a second of Casting Vote.

  • For, 5 Against, 5 Abstain, 0 Nick Bourne Jane HuttDavid Melding Christine GwytherMike German Ann JonesIeuan Wyn Jones Val LloydJocelyn Davies Gwenda Thomas Casting Vote, 1Lord Dafydd Elis-Thomas Amendment defeated.


More Definitions of Casting Vote

Casting Vote means a vote by the chairman when there is equality of voting.
Casting Vote means a vote exercised by the Chairperson to break a tie vote;
Casting Vote means an extra vote given to a chairperson to decide an issue when the vote on both sides is equal;
Casting Vote means an extra vote that the presiding officer of a board or committee may exercise to decide an issue when the votes on each side are equal;
Casting Vote means one additional vote being cast by the Chairman or any such other committee member appointed to vote in the absence of the chairman, in the event of a tie in votes, once counted by the committee.
Casting Vote. :- shall mean a vote by the chairperson of a meeting who only vote in the event of tie or equal votes. The said chairperson only vote once during the tie or equal votes without having participated in the voting process that lead to the tie or equal votes.
Casting Vote. (tie-breaking vote) means a second vote that may be exercised by a designated person (usually the Chair) to make a decision when a preceding vote has resulted in an equal number of votes for two candidates or alternative decisions. "Casual Vacancy" means a vacancy on an elected body caused by the death, resignation or removal of an elected member during a period of office.