Common use of Weighted Votes Clause in Contracts

Weighted Votes. Subject as provided in the following provisions of this Clause 11, in respect of any month:- 11.2.1 each Pool Member which is a Generator shall be entitled in that capacity to one vote (each such vote a "Generator Weighted Vote") for each GWh of Genset Metered Generation of all its Allocated Generating Units for all Settlement Periods falling in the Votes Calculation Period relative to such month, as determined from the final run of Stage 1 Settlement for each such Settlement Period and with the number of GWh being rounded up or down (0.5 being rounded upwards) to the nearest whole number; 11.2.2 the number of votes (each a "Supplier Weighted Vote") to which a Pool Member which is a Supplier shall be entitled in that capacity shall be calculated in accordance with the following formula:- GWV x SV --- (SIGMA)SV where:- SV is equal to the total GWh of Aggregate Demand taken by the relevant Pool Member in all Settlement Periods falling in the Votes Calculation Period relative to the relevant month, as determined, for each such Settlement Period, from the final run of Stage 1 Settlement and the Stage 2 Initial Settlement Run and with the number of GWh being rounded up or down (0.5 being rounded upwards) to the nearest whole number; GWV is the total number of Generator Weighted Votes of all Pool Members for such month; and

Weighted Votes. Subject as provided in the following provisions of this Clause 11, in respect of any month:-Quarter:- 11.2.1 each Pool Member which is a Generator shall be entitled in that capacity to one vote (each such vote a "Generator Weighted Vote") for each GWh of Genset Metered Generation of all its Allocated Generating Units for all Settlement Periods falling in the Votes Calculation Period relative to such monthQuarter, as determined from the final run of Stage 1 Settlement for each such Settlement Period and with the number of GWh being rounded up or down (0.5 being rounded upwards) to the nearest whole number; 11.2.2 the number of votes (each a "Supplier Weighted Vote") to which a Pool Member which is a Supplier shall be entitled in that capacity shall be calculated in accordance with the following formula:- GWV x SV --- (SIGMA)SV where:- SIGMA) SV where: SV is equal to the total GWh of Aggregate Consumer Metered Demand taken by the relevant Pool Member in all Settlement Periods falling in the Votes Calculation Period relative to the relevant monthQuarter, as determined, for each such Settlement Period, determined from the final run of Stage 1 Settlement and the Stage 2 Initial for each such Settlement Run Period and with the number of GWh being rounded up or down (0.5 being rounded upwards) to the nearest whole number; GWV is the total number of Generator Weighted Votes of all Pool Members for such monththe relevant Quarter; and