Voting Power definition
Voting Power means, with respect to any Person, the exclusive ability to control, through the ownership of shares of capital stock, partnership interests, membership interests or otherwise, the election of members of the board of directors or other similar governing body of such Person. The holding of a designated percentage of Voting Power of a Person means the ownership of shares of capital stock, partnership interests, membership interests or other interests of such Person sufficient to control exclusively the election of that percentage of the members of the board of directors or similar governing body of such Person.
Voting Power means such number of Voting Securities as shall enable the holders thereof to cast all the votes which could be cast in an annual election of directors of a company.
Voting Power means, at any time, the combined voting power of the then-outstanding securities entitled to vote generally in the election of Directors in the case of the Company or members of the board of directors or similar body in the case of another entity.
Examples of Voting Power in a sentence
For purposes of exercising Voting Power pursuant to this Section 11.18, the Certificateholder or Owner shall certify to the Administrator and the Owner Trustee as to whether it is a United States person (within the meaning of Section 7701(a)(30) of the Code).
More Definitions of Voting Power
Voting Power means the voting power of all securities of a Person then outstanding generally entitled to vote for the election of directors of the Person (or, where appropriate, for the election of persons performing similar functions).
Voting Power means the current power to vote in the election of directors.
Voting Power means the voting power of all securities of the Company then outstanding and generally entitled to vote for the election of directors of the Company.
Voting Power means the number of votes available to be cast (determined by reference to the maximum number of votes entitled to be cast by the holders of Voting Securities upon any matter submitted to shareholders where the holders of all Voting Securities vote together as a single class) by the holders of Voting Securities.
Voting Power means, with respect to any Person, the right to vote for the election of the Governing Body of such Person under ordinary circumstances.
Voting Power means at any time, the total votes relating to the then-outstanding securities entitled to vote generally in the election of Directors.
Voting Power means the total number of votes entitled to be cast for the election of directors at the time the determination of voting power is made, excluding a vote that is contingent upon the happening of a condition or event that has not occurred at the time. When a class is entitled to vote as a class for directors, the determination of voting power of the class shall be based on the percentage of the number of directors the class is entitled to elect out of the total number of authorized directors.