Examples of Simple Majority in a sentence
The Supervisor may approve termination of office of an External Director according to the Supervisor’s Directives, other than in accordance with the provisions of Section 245(b) of the Companies Law; in such case, the Company may, in a resolution of a Simple Majority, at a special meeting, terminate the said director’s office, provided that the director is given a reasonable opportunity to voice his position before the general meeting.
Decision-making based on the EU voting system: Depending on the issue, i.e. the legal basis of the subject or procedure, different types of voting take place, which can be distin- guished as follows: (1) Simple Majority, where 14 Member States must vote in favour; (2) Qualified Majority, where 55% must vote in favour while representing 65% of the EU population; (3) Unanimous Majority, where all Member States must vote in favour (European Council, 2023a).
Simple Majority A majority of more than fifty percent (50%) of the votes cast by those shareholders voting in person or by proxy (including by voting deed), not taking into consideration abstaining votes.
All resolutions proposed at any general meeting will require a Simple Majority, unless otherwise required by the Statutes or these Articles.
Election to the Board is determined by Simple Majority (50% plus 1 of the votes) of the eligible Voting Members that have cast their ballots during the Corporations’ Annual General Meeting.