Simple Majority. Subject as provided in the following provisions of this Clause 22, any question or matter arising at a meeting of the Executive Committee shall be decided by a simple majority of the votes cast at the meeting by Committee Members. On any such question or matter each Committee Member shall be entitled to one vote. In the event of an equality of votes on any resolution put to the Executive Committee, the matter the subject of the relevant resolution shall be remitted to the Committee Members for decision on a poll.
Appears in 2 contracts
Sources: Pooling and Settlement Agreement (Txu Eastern Holdongs LTD), Settlement Agreement (Southern Investments Uk PLC)
Simple Majority. Subject as provided in the following provisions of this Clause 22Clauses 22.3 and 22.11, any question or matter arising at a meeting of the Executive Committee shall be decided by a simple majority of the votes cast at the meeting by Committee Members. On any such question or matter each Committee Member shall be entitled to one vote. In the event of an equality of votes on any resolution put to the Executive Committee, the matter the subject of the relevant resolution shall be remitted to the Committee Members for decision on a poll.
Appears in 1 contract
Sources: Pooling and Settlement Agreement (Calenergy Co Inc)