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 vote by the chairman when there is equality of voting.
Examples of Casting Vote in a sentence
The Chairman shall have a Casting Vote on the Governing Committee.
Upon election of the Chairman, the Chairman has the right to a Casting Vote.
In case of a tie vote, the election will be determined by a Casting Vote.
In case of a tie of votes at a meeting of the Board, the Chairman of the Board for the time being shall have a second or the Casting Vote in addition to his original vote.
Casting Vote Effective Date: February 18, 2005, the date on which JASDAQ publicly announced that it approved JCOM’s application to list the JCOM shares on JASDAQ.
More Definitions of Casting 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 a vote exercised by the Chairperson to break a tie vote;
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);
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 means a deciding vote cast by the Chair of the Board (or a Board Member acting in that capacity) when the deliberative votes are equal;