Casting Vote at JSC Sample Clauses

The 'Casting Vote at JSC' clause establishes the procedure for resolving deadlocks during decision-making at the Joint Steering Committee (JSC). Typically, this clause designates a specific individual, often the chairperson, who is granted an additional or deciding vote if the committee is evenly split on an issue. For example, if the JSC has an equal number of votes for and against a proposal, the designated person’s casting vote will determine the outcome. This mechanism ensures that the committee can make decisions efficiently and prevents stalemates that could delay or hinder project progress.
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Casting Vote at JSC. If a dispute at the JSC is not resolved pursuant to Section 2.4 above, then the Executive Officer of Ampliphi shall have the authority to finally resolve such dispute.
Casting Vote at JSC. If a dispute at the JSC is not resolved pursuant to Section 2.4 above, then the Executive Officer of AquaBounty shall have the authority to finally resolve such dispute.
Casting Vote at JSC. If a dispute at the JSC is not resolved pursuant to Section 2.4 above, then the Executive Officer of Oragenics shall have the authority to finally resolve such dispute.
Casting Vote at JSC. If a dispute at the JSC is not resolved pursuant to Section 2.4 above, then the Executive Officer of Fibrocell shall have the authority to finally resolve such dispute.
Casting Vote at JSC. If a dispute at the JSC is not resolved pursuant to Section 2.4 above, then the Executive Officer of BioLife shall have the authority to finally resolve such dispute.
Casting Vote at JSC. If a dispute at the JSC is not resolved pursuant to Section 2.4 above, then the Empowered Representative of JV shall have the authority to finally resolve such dispute.

Related to Casting Vote at JSC

  • Required Vote The affirmative vote of the holders of shares representing a majority of the voting power of the outstanding shares of the Company Common Stock is the only vote required, if any, of the holders of any class or series of capital stock or other Equity Interests of the Company to approve and adopt this Agreement and the transactions contemplated hereby, including the Merger (the “Company Stockholder Approval”).