Voting Shares Vote definition

Voting Shares Vote means a vote taken by the Board pursuant to Section 4.12.2 that is based on the voting shares of each Party described in Section 1.1.23 and set forth in Exhibit C to this Agreement. A Voting Shares vote cannot take place on a matter unless the matter first receives an affirmative or tie Percentage Vote in the manner required by Section 4.12.1 and three or more Directors immediately thereafter request such vote.
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Voting Shares Vote means a vote taken by the Board pursuant to Section 4.12.2 that is based on the voting shares of each Party described in Section 1.1.23 and set forth in Exhibit C to this Agreement. A Voting Shares vote cannot take place on a matter unless the matter first receives an affirmative or tie Percentage Vote in the manner required by Section
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Voting Shares Vote as defined in Section 1.1.22). To approve an action by a Voting Shares Vote, the corresponding voting shares (as defined in Section 1.1.23 and Exhibit C) of all Directors voting in the affirmative shall exceed 50% of the voting share of all Directors on the entire Board, or such other higher voting shares percentage expressly required by this Agreement or the Operating Rules and Regulations. In the event that any one Director has a voting share that equals or exceeds that which is necessary to disapprove the matter being voted on by the Board, at least one other Director shall be required to vote in the negative in order to disapprove such matter. When a voting shares vote is held, action by the Board requires both an affirmative Percentage Vote and an affirmative Voting Shares Vote. Notwithstanding the foregoing, in the event of a tie in the Percentage Vote, an action may be approved on an affirmative Voting Shares Vote. When a supermajority vote is required by this Agreement or the Operating Rules and Regulations, the supermajority vote is subject to the Voting Share Vote provisions of this Section 4.12.2, and the specified supermajority of all Voting Shares is required for approval of the action, if the provision of this Section 4.12.2 are triggered.
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Examples of Voting Shares Vote in a sentence

  • No action may be taken solely by a Voting Shares Vote without first having taken an Equal Vote.

  • If the Voting Shares Vote succeeds, the legal effect is to nullify the Equal Vote with respect to which the Voting Shares Vote was taken.

  • If the underlying Equal Vote was a tie, the Voting Shares Vote replaces that tie vote.

  • All votes taken pursuant to this subsection 3.9.2 shall be referred to as a “Voting Shares Vote.” If a Voting Shares Vote yields a “no” vote, the legal effect is to affirm the Equal Vote with respect to which the Voting Shares Vote was taken.

  • Notwithstanding the foregoing, in the event of a tie in a percentage vote, the Board can break the tie and act upon an affirmative voting shares vote as described in section 4.10.2 (Voting Shares Vote).

  • Notwithstanding the foregoing, in the event of a tie in the Percentage Vote, an action may be approved on an affirmative Voting Shares Vote.

  • When a voting shares vote is held, action by the Board requires both an affirmative Percentage Vote and an affirmative Voting Shares Vote.

  • A “yes” vote on the Voting Shares Vote shall be a vote to reverse and reject the Per Capita Vote; a “no” vote on the Voting Shares Vote shall be a vote to affirm the Per Capita Vote.

  • As money springs up in this model as a solution that avoids autarchy, starvation and a painful old age.

  • Immediately after (and during the same Board Meeting as) an affirmative or tie Per Capita Vote, two or more Directors shall have the right to request and conduct a Voting Shares Vote (defined below) to reconsider that action approved by the Per Capita Vote.


More Definitions of Voting Shares Vote

Voting Shares Vote means a vote taken by the Board pursuant to Section 4.9.2 that is based on the voting shares of each Party described in Section 4.9.3 and set forth in Exhibit D to this Agreement. A voting shares vote cannot take place on a matter unless the matter first receives an affirmative percentage vote in the manner required by Section 4.9.1 and two or more Directors immediately thereafter request such vote. DRAFT EXHIBIT B LIST OF THE PARTIES (This draft exhibit is based on the assumption that all of the Initial Participants will become Parties. On the Effective Date, this exhibit will be revised to reflect the Parties to this Agreement at that time.) City of Xxxxxxxx City of Cupertino City of Gilroy City of Los Altos Town of Los Altos Hills Town of Los Gatos City of Monte Sereno City of Xxxxxx Xxxx City of Xxxxxxxx Xxxx Xxxxxx xx Xxxxx Xxxxx (Unincorporated Area) City of Saratoga City of Sunnyvale DRAFT EXHIBIT C ANNUAL ENERGY USE (This draft exhibit is based on the assumption that all of the Initial Participants will become Parties. On the Effective Date, this exhibit will be revised to reflect the Parties to this Agreement at that time.) This Exhibit C is effective as of March 31, 2016. Party kWh (2014*) Campbell 208,827,224 Cupertino 243,359,722 Gilroy 296,992,863 Los Altos 142,219,276 Los Altos Hills 42,576,999 Los Gatos 196,007,285 Monte Sereno 7,939,338 Xxxxxx Xxxx 232,520,509 Mountain View 664,209,464 Santa Xxxxx County (Unincorporated) 397,902,304 Saratoga 131,604,010 Sunnyvale 1,407,826,241 *Data provided by PG&E DRAFT EXHIBIT D VOTING SHARES (This draft exhibit is based on the assumption that all of the Initial Participants will become Parties. On the Effective Date, this exhibit will be revised to reflect the Parties to this Agreement at that time.) This Exhibit D is effective as of March 31, 2016. Section 4.9.2 Campbell 208,827,224 5.3% Cupertino 243,359,722 6.1% Gilroy 296,992,863 7.5% Los Altos 142,219,276 3.6% Los Altos Hills 42,576,999 1.1% Los Gatos 196,007,285 4.9% Monte Sereno 7,939,338 0.2% Xxxxxx Xxxx 232,520,509 5.9% Mountain View 664,209,464 16.7% Santa Xxxxx County (Unincorporated) 397,902,304 10.0% Saratoga 131,604,010 3.3% Sunnyvale 1,407,826,241 35.4% Total 3,971,985,235 100.0% *Data provided by PG&E Party kWh (2014*) Voting Share DRAFT EXHIBIT E FUNDING OF INITIAL COSTS (This draft exhibit is based on the assumption that all of the Initial Participants will become Parties. On the Effective Date, this exhibit will be revised to reflect ...
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Voting Shares Vote means a vote taken by the Board pursuant to Section 4.9.2 that is based on the voting shares of each Party described in Section 4.9.3 and set forth in Exhibit D to this Agreement. A voting shares vote cannot take place on a matter unless the matter first receives an affirmative percentage vote in the manner required by Section 4.9.1 and two or more Directors immediately thereafter request such vote. EXHIBIT B LIST OF THE PARTIES City of Xxxxxxxx City of Cupertino City of Gilroy City of Los Altos Town of Los Altos Hills Town of Los Gatos City of Monte Sereno City of Xxxxxx Xxxx City of Xxxxxxxx Xxxx Xxxxxx xx Xxxxx Xxxxx (Unincorporated Area) City of Saratoga City of Sunnyvale EXHIBIT C ANNUAL ENERGY USE This Exhibit C is effective as of March 31, 2016. Party kWh (2014*) Campbell 208,827,224 Cupertino 243,359,722 Gilroy 296,992,863 Los Altos 142,219,276 Los Altos Hills 42,576,999 Los Gatos 196,007,285 Monte Sereno 7,939,338 Xxxxxx Xxxx 232,520,509 Mountain View 664,209,464 Santa Xxxxx County (Unincorporated) 397,902,304 Saratoga 131,604,010 Sunnyvale 1,407,826,241 *Data provided by PG&E EXHIBIT D VOTING SHARES This Exhibit D is effective as of March 31, 2016. Section 4.9.2 Xxxxxxxx 208,827,224 5.3% Cupertino 243,359,722 6.1% Gilroy 296,992,863 7.5% Los Altos 142,219,276 3.6% Los Altos Hills 42,576,999 1.1% Los Gatos 196,007,285 4.9% Monte Sereno 7,939,338 0.2% Xxxxxx Xxxx 232,520,509 5.9% Mountain View 664,209,464 16.7% Santa Xxxxx County (Unincorporated) 397,902,304 10.0% Saratoga 131,604,010 3.3% Sunnyvale 1,407,826,241 35.4% Total 3,971,985,235 100.0% *Data provided by PG&E Party kWh (2014*) Voting Share
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Voting Shares Vote as defined in Section 1.1.22). To approve an action by a Voting Shares Vote, the corresponding voting shares (as defined in Section 1.1.23 and Exhibit
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Voting Shares Vote as defined iin Section 1.1.21). To approve an action by a Voting Shares Votevote of the voting shares, In such event,the corresponding voting shares (as described defined in Section 1.1.22 and Exhibit C) of all Directors voting in the affirmative shall exceed 50% of the voting share of all Direcctors on the entire Board, or such other higher voting shares percentage expressly required by this Agreement or the Operating Rules and Regulations, of the voting shares of all Directors on the entire Board. All votes taken pursuant to this Section 4.110.2 shall be referred to as a voting shares vote. In the event that any one Director has a voting share that equals or exceeds that which is necessary to disapprove the matter being voted on by the Board, at least one other Director shall be required to vote in the negative in order to disapprove such matter. When a voting shares vote is held, action by the Board requires both an affirmative Ppercentage Vvote and an affirmative voting shares vote. Notwithstanding the foregoing, in the event of a tie in the pPercentage Vvote, an action may be approved proceed solely on an affirmative Vvoting Sshares Vvote. When a supermajority vote is required by this Agreement or the Operating Rules and Regulations, the supermajority vote isit is subject to the Vvoting Sshare Vvote provisions of this Section 4.11.2, and the specified supermajority of all Vvoting Sshares is required for approval of the action, if the provision of this Section 4.11.2 are triggered.
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Related to Voting Shares Vote

  • Non-Voting Shares means a particular Class of Shares that do not carry the right to notice of or to attend or vote at general meetings of the ICAV or the relevant Fund.

  • Voting Shares means the Common Shares and any other shares in the capital of the Corporation entitled to vote generally in the election of all directors.

  • Voting Share means (i) a Common Share of the Company and (ii) any other share of capital stock of the Company entitled to vote generally in the election of directors or entitled to vote together with the Common Shares in respect of any merger, consolidation, sale of all or substantially all of the Company's assets, liquidation, dissolution or winding up. References in this Agreement to a percentage or portion of the outstanding Voting Shares shall be deemed a reference to the percentage or portion of the total votes entitled to be cast by the holders of the outstanding Voting Shares.

  • Special Voting Share means, in relation to the Corporation, the Carnival Special Voting Share and, in relation to P&O Princess, the P&O Princess Special Voting Share.

  • Non-Voting Common Stock means the Non-Voting Common Stock, par value $0.01 per share, of the Company.

  • Multiple Voting Shares means the multiple voting shares in the capital of the Corporation;

  • Voting Preferred Stock means, with regard to any election or removal of a Preferred Stock Director (as defined in Section 8(b) below) or any other matter as to which the holders of Series E are entitled to vote as specified in Section 8 of this Certificate of Designations, any and all series of Preferred Stock (other than Series E) that rank equally with Series E either as to the payment of dividends or as to the distribution of assets upon liquidation, dissolution or winding up of the Corporation and upon which like voting rights have been conferred and are exercisable with respect to such matter.

  • Company Voting Securities means the combined voting power of all outstanding voting securities of the Company entitled to vote generally in the election of directors to the Board.

  • Voting Share Capital means the total voting equity share capital of the Target Company on a fully diluted basis expected as of the 10th (Tenth) Working Day from the closure of the Tendering Period for the Offer.

  • Voting Common Stock means the Voting Common Stock, par value $.01 per share, of the Company.

  • Majority Shareholder Vote means a vote of “a majority of the outstanding voting securities” (as such term is defined in the 0000 Xxx) of the Trust with each class and series of Shares voting together as a single class, except to the extent otherwise required by the 1940 Act or this Declaration with respect to any one or more classes or series of Shares, in which case the applicable proportion of such classes or series of Shares voting as a separate class or series, as the case may be, also will be required.

  • Voting Share Reduction means an acquisition or redemption by the Corporation of Voting Shares which, by reducing the number of Voting Shares outstanding, increases the proportionate number of Voting Shares Beneficially Owned by any Person to 20% or more of the Voting Shares then outstanding; and

  • Voting Units means collectively, the Units and Special Voting Units;

  • Common Shareholders means the holders of the Common Shares.

  • Ordinary Shareholders means holders of Ordinary Shares;

  • Preferred Shareholders means the holders of Preferred Shares.

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

  • Outstanding Company Voting Securities means outstanding voting securities of the Company entitled to vote generally in the election of directors; and any specified percentage or portion of the Outstanding Company Voting Securities (or of other voting stock or voting securities) shall be determined based on the relative combined voting power of such securities;

  • Company Shareholder Meeting has the meaning set forth in Section 5.13(b).

  • Special Voting Units means, collectively, special voting units of the REIT, and “Special Voting Unit” means any one of them.

  • Outstanding Voting Securities of any Person means the outstanding securities of such Person entitling the holders thereof to vote generally in the election of directors of such Person.

  • Voting shall have a correlative meaning.

  • Company Shareholders Meeting shall have the meaning set forth in Section 5.2(b).

  • Fully Diluted Shares means an amount equal to the sum of (a) the total number of shares of Common Stock outstanding immediately prior to the Effective Time, plus (b) the total number of shares of Common Stock that all In-the-Money Options outstanding immediately prior to the Effective Time are exercisable into at such time and without any withholding of shares to pay the exercise price or Taxes.

  • Common Stockholders means holders of shares of Common Stock.

  • Company Shares has the meaning set forth in the Recitals.