Project Votes definition

Project Votes means the number of votes a Member shall be entitled to cast with respect to a Project Matter. Each Member shall be entitled to cast that number of votes, with respect to a Project Matter, computed as follows: That number of votes (rounded to the next higher whole number) equal to 1000 multiplied by the result of dividing (i) the amount of the Member’s financial commitment in the Project or Study Project to which the Project Matter relates, by (ii) the aggregate amount of all Members’ then existing financial commitments in such Project or Study Project. In the event that such a calculation is being made with respect to a Project (other than a Study Project) prior to the date of commencement or commercial operation of the Project, as applicable, such calculation shall be made as of the anticipated date of commencement or commercial operation of such Project.
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Project Votes means the number of votes a Member shall be entitled to cast with respect to a Project Matter. Unless otherwise agreed by the Project Participants each Member shall be entitled to cast that number of votes, with respect to a Project Matter, computed as follows: That number of votes (rounded to the next higher whole number) equal to 1000 multiplied by the result of dividing (i) the amount of the Member’s financial commitment in the Project or Study Project to which the Project Matter relates, by (ii) the aggregate amount of all Members’ then existing financial commitments in such Project or Study Project. In the event that such a calculation is being made with respect to a Project (other than a Study Project) prior to the date of commencement or commercial operation of the Project, as applicable, such calculation shall be made as of the anticipated date of commencement or commercial operation of such Project.
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Project Votes means the “Project Votes” as defined in the SCPPA Joint Powers Agreement.
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Examples of Project Votes in a sentence

  • Each Director shall be entitled to cast all or any portion of the number of such Director’s Project Votes.

  • Once the Project is fully subscribed or the time to participate has closed, (i) the Treasurer will calculate the number of Project Votes each Member has in the Project, and (ii) the Chief Executive Officer, at the direction of the participating Project Members, will lead the negotiation of the agreements with the Project’s vendors, developers and/or consultants and assist with coordinating the Project Contracts amongst the participating Members and the Corporation.

  • Unless the Board of Directors shall otherwise determine to require a majority vote pursuant to the terms of the Joint Powers Agreement, all actions with respect to the Project taken by the SCPPA Board of Directors shall require an affirmative vote of at least eighty percent (80%) of the Project Votes (as defined in SCPPA’s Joint Powers Agreement, dated as of November 1, 1980, as amended from time to time) cast thereon.

  • No vote shall be taken on any Project Matter unless there shall be present at the meeting Directors entitled to cast more than 50% of the Project Votes relative to such Project Matter.

  • All questions regarding Project Matters shall be decided by 80% of the Project Votes cast thereon; provided, that, upon the unanimous vote of the Board of Directors and the inclusion of a provision to such effect in each Project Contract for a Project, all questions or specified questions regarding Project Matters with respect to such Project will be decided by a majority of the Project Votes cast thereon.

  • Until 2007, Project Vote's board was exclusively composed of ACORN staff.

  • Gas flow is contemplated for October 1, but may be pushed back if pricing is delayed.The Committee recommended the following actions: (i) that the Board approve the fees associated with the Project 1 transaction, and (ii) adopt resolutions authorizing the documents required for the sale and issuance of the 2007 Gas Project Revenue Bonds (Project No. 1), Series 2007A, Series 2007B, and Series 2007C, and approve majority Project voting instead of 80% of the Project Votes cast thereon.

  • All actions with respect to the Project taken by the Board of Directors shall require an affirmative vote of at least seventy five percent (75%) of the Project Votes (as defined in SCPPA’s Joint Powers Agreement, dated as of November 1, 1980, as amended from time to time) cast thereon.

  • Resolutions 2020-32 through 2020-073, Project Votes, were taken together.

  • In order to develop products and services that are ‘game changers’, the development must take place in an environment and context in which different systems and artefacts are used and operate similar to the real world (virtual) and in a later stage in the real world.

Related to Project Votes

  • Votes means the number of votes entitled to be cast generally in the election of Directors.

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

  • Project Steering Committee or “PSC” means the committee referred to in Section I.B of Schedule 2 to this Agreement;

  • Working voltage means the highest value of an electrical circuit voltage root-mean-square (rms), specified by the manufacturer, which may occur between any conductive parts in open circuit conditions or under normal operating conditions. If the electrical circuit is divided by galvanic isolation, the working voltage is defined for each divided circuit, respectively.

  • Required Vote has the meaning ascribed thereto in Section 2.2(b);

  • Project Committee has the meaning assigned to it in Section 6.1;

  • Project Commissioning means the Project will be considered as commissioned if all equipment as per rated project capacity has been installed and energy has flown into grid, in line with the Commissioning procedures defined in the RfS/PPA.

  • Majority Vote means a vote made by more than half of the Members who are present at a Meeting and who are entitled to vote and voting at that Meeting upon a resolution put to that Meeting.

  • Operating Committee means the Operating Committee of Epoch which meets frequently and is responsible for implementing the Company’s strategy, making operational decisions and overseeing the day-to-day running of the Company.

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

  • Project Board means an advertisement displaying information with regard to the relevant contractor(s) and / or consultant(s) involved in the construction project and displayed on the construction site.

  • Major Decision means:

  • Project Coordination Unit or “PCU” means the unit referred to in Section I.1 of Schedule 4 to this Agreement;

  • Majority Shareholder Vote means a vote of “a majority of the outstanding voting securities” (as such term is defined in the 0000 Xxx) of the Trust with each class and series of Shares voting together as a single class, except to the extent otherwise required by the 1940 Act or this Declaration with respect to any one or more classes or series of Shares, in which case the applicable proportion of such classes or series of Shares voting as a separate class or series, as the case may be, also will be required.

  • Company Voting Securities means the combined voting power of all outstanding voting securities of the Company entitled to vote generally in the election of directors to the Board.

  • Project Proposal has the meaning set forth in Section 2.2(b).

  • Outstanding Company Voting Securities means outstanding voting securities of the Company entitled to vote generally in the election of directors; and any specified percentage or portion of the Outstanding Company Voting Securities (or of other voting stock or voting securities) shall be determined based on the relative combined voting power of such securities;

  • Super Majority Vote means, the affirmative vote of the holders of Outstanding Interests of all Series representing at least two thirds of the total votes that may be cast by all such Outstanding Interests, voting together as a single class.

  • Major Decisions shall have the meaning given to such term or any one or more analogous terms in the Lead Securitization Servicing Agreement; provided that at any time that Note A-1 is not included in the Lead Securitization, “Major Decision” shall mean:

  • Requisite Company Vote has the meaning set forth in Section 3.03(a).

  • Ballot proposition means a question, issue, or proposal that is submitted to voters

  • Interconnection Studies means the Interconnection Feasibility Study, the System Impact Study, and the Facilities Study described in Tariff, Part IV and Tariff, Part VI.

  • Project Director means an employee of the Recipient designated by the Authorized Representative to be responsible for the overall management of the administrative and technical aspects of the executed Agreement. The Project Director is set forth in Section 2 of 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.

  • Active voter means a registered voter who has not been classified as an inactive

  • JSC has the meaning set forth in Section 3.1.