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).
Examples of Casting Vote in a sentence
Casting Vote In the event of a tied vote, the Chair must, unless the Act or this Local Law provides otherwise, exercise a casting vote.
More Definitions of Casting 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 a vote cast by the Chair where the votes for and the votes against a motion are equal in number. A Casting Vote must be cast in accordance with the majority of s, or in favour of the status quo.”
Casting Vote. (tie-breaking vote) means a second vote that may be exercised by a designated person (usually the Chair) to make a decision when a preceding vote has resulted in an equal number of votes for two candidates or alternative decisions. "Casual Vacancy" means a vacancy on an elected body caused by the death, resignation or removal of an elected member during a period of office.
Casting Vote is defined as a vote which is a condition precedent to the adoption of any measure. Such amendment or termination shall be effective when a certificate shall have been signed and acknowledged by the Chairman, Secretary or Trustee, that such action was taken at a meeting duly called and held in accordance with and by the affirmative vote required by this Instrument. Upon termination of the Fund pursuant to this Section: