Abstain from voting definition

Abstain from voting means giving an empty vote and shares are considered to be represented in the Annual General Meeting, which has significance in resolutions requiring qualified majority (e.g. agenda items 16 and 17). In qualified majority items all shares represented at the Annual General Meeting are taken into account and abstentions thus have the same effect as votes “Against/No”. Therefore, abstaining from voting affects the voting result. Shareholders should be aware of this, especially if giving a vote against is not their intention.
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Abstain from voting means giving an empty vote, in which case the shares are taken into account as shares represented in the handling of the agenda item, which has an impact with respect to resolutions requiring a qualified majority (e.g. agenda items 17, 18 and 19). With respect to resolutions requiring a qualified majority, all shares represented at the Shareholders’ Meeting are taken into account. Therefore, abstaining from voting has an impact on the outcome of the vote. Shareholders should be aware of this fact, especially if their intention is not to vote against the proposal.
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Abstain from voting means giving an empty vote and that shares are considered to be represented in the General Meeting, although the shares are not considered voting in favour or against anything. This is meaningful, for example, in resolutions requiring qualified majority, as in qualified majority items all shares represented at the General Meeting are taken into account and abstentions thus have the same effect as votes Against/No. Therefore, abstaining from voting affects the voting result. Shareholders should be aware of this, especially if giving a vote against is not their intention. If not otherwise communicated,
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Examples of Abstain from voting in a sentence

  • Either batsman is out Run out, except as in clause 38.2, if, at any time while the ball is in play, he is out of his groundand his wicket is fairly put down by the action of a fielder even though No ball has been called, except in the circumstances of clause 38.2.2.2, and whether or not a run is being attempted.

  • Abstain from voting on the matter and refrain from discussion of the matter at any time with the other Board member.

  • Abstain from voting shall be represent as absence from attending the session, therefore votes of those abstain and shall not be dealt with when accounting for the majority provided that the number of votes given shall not be less than the quorum necessary for the correctness of the Council session.

  • Abstain from voting and from seeking to influence the vote on any matter related to the person or concern.

  • If you wish the Chairman of the Meeting as your proxy to Abstain from voting on a resolution, please tick in the Abstain box in respect of that resolution.

  • As discussed below, if you "Abstain" from voting, it will have the effect of a vote "Against" the item if a quorum is present.

  • Abstain from voting for those meeting(s) a Councilmember was absent.

  • Abstain from voting 536,167 shares (including exercised by way of electronic transmission 4,586 shares).

  • Abstain from voting in a situation where a conflict of interest (including financial interest) exists for that member.

  • Abstain from voting on that matter; and leave the room where the vote is to take place, until the votes have been counted.

Related to Abstain from voting

  • Vote ’ means one of the main segments into which a budget of a municipality is divided for the appropriation of funds for the different departments or functional areas of the municipality; and which specifies the total amount that is appropriated for the purposes of the department or functional area concerned.

  • Disinterested Director means a director of the Company who is not and was not a party to the Proceeding in respect of which indemnification is sought by Indemnitee.

  • Subordinate Voting Shares means subordinate voting shares in the capital of the Company.

  • Qualified voter means a person who is entitled to vote pursuant to the Constitution of Virginia and

  • Disinterested Directors means, with respect to any Affiliate Transaction, one or more members of the Board of Directors of the Company, or one or more members of the Board of Directors of a Parent, having no material direct or indirect financial interest in or with respect to such Affiliate Transaction. A member of any such Board of Directors shall not be deemed to have such a financial interest by reason of such member’s holding Capital Stock of the Company or any Parent or any options, warrants or other rights in respect of such Capital Stock.

  • Voting Rights The portion of the voting rights of all of the Certificates which is allocated to any Certificate. As of any date of determination, (a) 1% of all Voting Rights shall be allocated to each Class of Notional Amount Certificates, if any (such Voting Rights to be allocated among the holders of Certificates of each such Class in accordance with their respective Percentage Interests), and (b) the remaining Voting Rights (or 100% of the Voting Rights if there is no Class of Notional Amount Certificates) shall be allocated among Holders of the remaining Classes of Certificates in proportion to the Certificate Balances of their respective Certificates on such date.

  • Eligible Voter means, for the purpose of voting in respect of Land matters under this Land Code, a Member who has attained eighteen (18) years of age on or before the day of the vote;

  • Disinterested Shareholder Approval means approval by a majority of the votes cast by all the Company’s shareholders at a duly constituted shareholders’ meeting, excluding votes attached to Common Shares beneficially owned by Insiders who are Service Providers or their Associates;

  • Interested Director means a director or trustee of an investment company who is an interested person within the meaning of Section 2(a)(19) of the Act. A “Disinterested Director” is a director who is not an interested person under Section 2(a)(19) of the Act.

  • Voting Certificate means, in relation to any Meeting, a certificate in the English language issued by a Paying Agent and dated in which it is stated:

  • Non-Voting Member means a member of a Committee or Sub- Committee of the Council who is not a member of the Council and is not entitled to vote on any matter coming before that Committee or Sub- Committee;