Cumulative Voting means the voting mechanism for election of Directors under which the number of votes exercisable in respect of one share shall be the same as the number of Directors to be elected, and the total number of votes per share may be consolidated for election of one candidate or may be split for election of two or more candidates. A candidate to whom the ballots cast represent a prevailing number of votes shall be deemed elected.
Cumulative Voting means, in all elections of directors, each shareholder shall have the right to vote the number of shares owned by the shareholder for as many persons as there are directors to be elected or to cumulate such shares and give one candidate as many votes as the number of directors, multiplied by the number of the shareholder's shares, shall equal or to distribute them on the same principle among as many candidates as the shareholder thinks fit. In deciding all other questions at meetings of shareholders, each shareholder shall be entitled to one vote on each share of stock held by the shareholder, except that this shall not be construed as limiting the voting rights of holders of preferred stock under the terms and provisions of articles of association or amendments thereto;
Cumulative Voting. : shall mean that each
Examples of Cumulative Voting in a sentence
Gordon, Institutions as Relational Investors: A New Look at Cumulative Voting, 94 COLUM.
The specific issues of the cumulative voting system shall comply with the Rules for the Implementation of the Cumulative Voting System of WuXi AppTec Co., Ltd.
The Implementation Rules of Cumulative Voting System means that during the election of Directors and Supervisors with the cumulative voting system, each shareholder is entitled to one vote, which shall set out the number of shares held by the shareholders, the number of Directors or Supervisors to be elected as well as the list of candidates to satisfy the function of the cumulative voting system.
Cumulative Voting: Vote for proposals to permit cumulative voting, except where the issuer already has in place a policy of majority voting.
No Cumulative Voting Tesla’s amended and restated certificate of incorporation and amended and restated bylaws do not permit cumulative voting in the election of directors.
More Definitions of Cumulative Voting
Cumulative Voting. , as used herein, shall mean a system of voting for directors under which an Owner, who is entitled to cast one vote for each director’s position up for election, is permitted to cast all such votes for a single director, or to distribute all the possible votes among fewer than all the positions open for election; cumulative voting is not permitted under these Bylaws.
Cumulative Voting means, that each Sshareholder shall to have a number of votes equal to the number of shares owned, whereby he shall vote for one candidate for the membership of the Board of Directors or distributed distribute his votes among the selected candidates, provided the number of votes granted to the candidates selected by him may not exceed, by any means, the number of votes shares in his possession. طأ ةكاد ا سشجس يطاتل دحاط حشكسل ماب يطاتلمب ل ا صأ شم صيحشكسلا صس ęةكمتجي صس صيب ماتي طت صي لا صيحشكسشل ماحنسي تلا اطاسا ددم طمجتي صس امح أب لت طحب تلا اطاسا ددم ęةكمتجل.ااطحسا“Date” means any reference to time or date inaccordance with the Gregorian calendar; ًمệ ط ايكمتلا طأ طلا لل ةكمشل أ نتي "خيراتلا". د يسلا ęيطệتشل“Director” means a director of the Company appointed pursuant to these Articles of Association; ęتي ةكادل سشجس طام أ نتي "ةرادلإا سلجم وضع".ا ة سمسسا ęمظنلا بجطسب لنييتت“Disposition of Shares” means sale, mortgage, gift, pledge, assignment or any other act or thing which results in the transfer of the ownership of any share; اسمتتلا طأ ركاتلا نتي "مهسلأا يف فرصتلا")كل كيغ طأ ًمي ميح صمة ءاطس) صةكلا طأ عيبلمب ęاسسا اệن لل دؤي كجح ء ش أ ات طأ ا منتلا طأ بالا طأ. يةشسلا“Financial Market” means a securities or commodities market licensed by the Authority in the United Arab EmiratesUAE; عشسلاط يلمسلا ااكطسا اطس نتت "يلاملا قوسلا".ةدحتسلا يبكتلا اكمس ا لطد ئيالا صس اجكسلا“General Meeting” means a meeting of the Sshareholders duly called as such in accordance with these Articles; ست صي لا صيسةمسسلا عمستجا نتت "ةيمومعلا ةيعمجلا".ęمظنلا ا ة ęمةحس ًمệ طط اطاسا بسح لل ęاتطمد“Internal Shari’ah Supervisory Committee (“ISSC”)” Shari’ahmeans a body established pursuant to Chapter Seven of these Articles of Association comprised of scholars specialized in Islamic financial transactions, which independently supervises transactions, activities and products of the Company and ensures they are compliant with Islamic Shari’ah in all its objectives, activities, operations, and code of conduct. صيتس ماج نتت "ةيلخادلا ةيعرشلا ةباقرلا ةنجل" صس صطةتي سمسسا ęمظنلا ا ة صس عبمسلا بمبلا بجطسب ‘ يس س ا يلمسلا سمتسلا لệ صيااجتس ءماệ مجتنسط رشنأط سمتس شم شệتسسلا بم كلمب ęطệي يس س ا تيكشلمب ماسا تلا صس دةأتلاط ةكشلا.ماشسم قيثاطسط ماتميشسمط ماترشنأط ما ادةأ عيسج“Compliance with Islamic Shari’ah” refers to compliance with Shari’ah in accordance with:(a) Resolutions, fatwas, regulations and standards issued by the Higher Shari’ah Authority in relation to licensed activities of the Compa...
Cumulative Voting means the system of voting for Directors in which each voting share confers on its holder a total number of votes which is equal to the total number of Directors to be elected and which the holder may cast for candidates in any proportion (including, without limitation, casting all votes for a single candidate);
Cumulative Voting means a system of voting in an election in which each voter is allowed as many votes as there are candidates and may give all to one candidate or varying numbers to several.
Cumulative Voting means that each Shareholder shall have a number of votes that is equal to the number of Shares he/she/it holds in the Company, to be applied towards voting for only one nominee to the membership of the Board or distributed among selected nominees; provided, however, that in all cases the number of votes given to the selected nominees should not exceed the number of held votes;
Cumulative Voting in these Implementation Rules means that, if two or more directors or supervisors are elected at the shareholders' general meeting, the number of vote(s) available to an attending shareholder (including its proxy) for each share held by it is equal to the number of director or supervisor to be elected. A shareholder may cast its votes mainly on a particular candidate or it may spread its votes among a number of candidates.
Cumulative Voting means each voting member may cast as many votes as there are positions open.