Common use of Decisions by Majority Vote Clause in Contracts

Decisions by Majority Vote. Except where a provision of the Joint Venture Agreement expressly provides otherwise or requires a special resolution or a unanimous resolution, all questions before the Management Committee will be decided by a simple majority of the votes cast.

Decisions by Majority Vote. Except where a provision of the Joint Venture Company Agreement expressly provides otherwise or requires a special unanimous resolution or a unanimous resolution, all questions before the Management Committee Board will be decided by a simple majority of the votes cast.