Weighted Votes definition

Weighted Votes means, in relation to a Pool Member, the number of votes to which such Pool Member is entitled pursuant to Clause 11.2;
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Weighted Votes has the meaning given to that term in Clause 6.8; and "Working Day" has the meaning given to that term in Section 64 of the Act for England and Wales.
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Weighted Votes subject as provided in Clauses 11.3 and 11.4, in respect of any Quarter:- 11.2.1 each Pool Member which is a Generator shall be entitled in that capacity to one vote for each GWh of Genset Metered Generation of all Generating Units of such Pool Member for all Settlement Periods falling in the Votes Calculation Period relative to such Quarter, as determined from the final run of Settlement (as referred to in paragraph D(3) of the Preamble to Schedule 9) for each such Settlement Period; and 11.2.2 each Pool Member which is a Supplier shall be entitled in that capacity to such number of votes as is equal to the total GWh of Consumer Metered Demand taken by that Pool Member in all Settlement Periods falling in the Votes Calculation Period relative to such Quarter, as determined from the final run of Settlement (as referred to in paragraph D(3) of the Preamble to Schedule 9) for each such Settlement Period,
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Examples of Weighted Votes in a sentence

  • The Administrative Committee shall determine the Affiliate status of Parties for purposes of Individual or Weighted Votes.

  • The distribution of Weighted Votes on the Executive Board shall be adjusted annually as of the first day of each budget period based on the Budget Share.

  • Subject to the limitations of Section 9.7.1(a), any action taken by the Administrative Committee shall require a combination of the concurrence of the representatives’ Individual Votes of the representatives of those Parties entitled to vote on such matters and Weighted Votes as specified in this Section 8.5. Except for Parties that are Affiliates, no representative, alternate or duly-designated substitute of a Party may be a representative, alternate or duly-designated substitute of any other Party.

  • The attendance in person or by telephone or other means of a representative, alternate or duly-designated substitute representative shall be required for purposes of determining a quorum and for the exercise of Individual Votes or Weighted Votes.

  • Fifty percent (50%) of such meeting cost shall be allocated in proportion to the Parties’ Individual Votes and the remaining fifty percent (50%) of such meeting cost shall be allocated in proportion to the Parties’ Weighted Votes.

  • If any Voting Paper is incorrectly completed or otherwise spoilt, the Moderator shall take no account of it or of the Weighted Votes purported to be cast by it in the conduct of the procedures set out in Clause 15.5 and/or 15.

  • The Executive Committee shall maintain, and retain for a period of not less than eight years, a register recording the Generator Weighted Votes and Supplier Weighted Votes of each Pool Member, which register shall be open for inspection by any Party at the office of the Secretary during normal business hours.

  • In respect of each Party Category that was eligible to vote, the sum of the Weighted Votes of the Groups in that Party Category which voted to accept the implementation date was less than 50% in all Categories.

  • For the purposes of such vote, relevant Pool Members may cast only that number of Weighted Votes which they cast in favour of such Committee Member in his election pursuant to Clause 15.5 or 15.6.

  • The Director may at any time by notice to the Executive Committee alter the calculation of Weighted Votes set out in Clauses 11.2.1 and 11.2.2 and/or the restrictions on Weighted Votes set out in Clause 11.4 if in his opinion such alteration is required to achieve fair representation for all Pool Members.