Common use of Voting Percentages Clause in Contracts

Voting Percentages. (i) Except as provided in Section 3.4(h), the Management Committee shall vote on decision items only upon the establishment of a quorum, which shall equal at least fifty- one (51) percent of the Committee Representatives or their designated alternates. Once a quorum has been established, the approval of any decision item other than those indicated in clause (ii) of this Section shall require the affirmative vote of eighty (80) percent or greater of the Committee Representatives present in person or by conference telephone.

Appears in 5 contracts

Samples: Transmission Service Participation Agreement, Transmission Service Participation Agreement, Transmission Service Participation Agreement

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