Voting Body Clause Samples

The "Voting Body" clause defines the group of individuals or entities that have the authority to make decisions or cast votes within an organization or under a specific agreement. Typically, this clause outlines who qualifies as a member of the voting body, how membership is determined, and the scope of decisions subject to their vote, such as approving budgets, electing officers, or amending bylaws. By clearly identifying the decision-makers, this clause ensures transparency and legitimacy in the governance process, preventing disputes over who is entitled to participate in key decisions.
Voting Body. The Voting Body serves as the consensus body for MedBiquitous standards. The Voting Body conducts its activities in accordance with the MedBiquitous Standards Program Operating Procedures. The Voting Body is overseen by the Chair Elect of the Steering Committee.
View SourceView Similar (6)
Voting Body. 425 1. Each Full Member shall have the right to vote for the election of President, Vice 426 President, and District Directors. The voting rights of a Full Member shall be 427 through one or more representatives designated in writing by the governing 428 authority of the Member. 430 2. The number of votes of the Full Member shall be determined based upon the 431 number of players who have paid player registration fees as provided under 432 Article V, Section1, in the prior seasonal year. 433 434 3. Full Members shall have the number of votes as provided: 435 436 League Club 437 a. 1 – 49 players – 1 vote. 1 – 99 players – 1 vote 438 b. 50 – 99 players – 2 votes. 100 – 199 players – 2 votes. 439 c. 100 – 149 players – 3 votes. 200 – 499 players – 3 votes. 440 d. 150 – 199 players – 4 votes. 500 – 999 players – 4 votes. 441 e. 200 – 249 players – 5 votes. 1,000 – 1,499 players – 5 votes. 442 f. 250 – 349 players – 6 votes. 1,500 – 1,999 players – 6 votes 443 g. 350 – 499 players – 7 votes. 2,000 – 2,499 players – 7 votes. 444 h. 500 – 999 players – 8 votes. 2,500 – 2,999 players – 8 votes. 445 i. 1,000 – 1,499 players – 9 votes. 3,000 – 3,499 players – 9 votes. 446 j. 1,500 – 2,499 players – 10 votes. 3,500 – 3,999 players – 10 votes. 447 k. 2,500 – 3,499 – 11 votes. 4,000 – 4,499 players – 11 votes. 448 l. 3,500 – 4,499 – 12 votes. 4,500 – 4,999 players - 12 votes. 449 m. 4,500 – 5,499 – 13 votes. 5,000 – 5,499 players - 13 votes. 450 n. 5,500 – 6,499 – 14 votes. 5,500 – 5,999 players - 14 votes. 451 o. 6,500 – 7,499 – 15 votes. 6,000 – 6,999 players - 15 votes. 452 p. 7,500 – 8,499 – 16 votes. 453 q. 8,500 – 9,499 – 17 votes. 454 r. 9,500 – 10,499 – 18 votes. 455 s. 10,500 – 11,499 – 19 votes. 456 t. 11,500 – 12,499 – 20 votes. 457 u. League – 1 vote per each additional 1,000 players above 12,500 players.
View Source
Voting Body. The voting body for an All-­Hands Vote is the set of all Partners. The voting body for an Active Partner Vote is the set of Partners who have earned 2 or more shares in the most recent quarter.
View Source

Related to Voting Body

  • Governing Body Governing body," with respect to a city, means the city council or, if another board, commission, or body is empowered by law or its charter or by resolution of the city council to establish and regulate rates and charges for the distribution of gas within the city, such board, commission, or body shall be deemed to be the "governing body"; provided, however, that when the levy of a tax or the incurring of an obligation payable from taxes or any other action of such board, commission, or body requires the concurrence, approval, or independent action of the city council or another body under the city's charter or any other law, such action shall not be exercised under sections 453A.01 to 453A.12 until such concurrence or approval is received or such independent action is taken; and provided further, that the concurrence of the city council or other elected body charged with the general management of a city shall be required, prior to the adoption by the city of any resolution approving an agency agreement or any amendment thereto.

  • Voting Stock Stock or similar interests, of any class or classes (however designated), the holders of which are at the time entitled, as such holders, to vote for the election of a majority of the directors (or persons performing similar functions) of the corporation, association, trust or other business entity involved, whether or not the right so to vote exists by reason of the happening of a contingency.

  • Voting at Meetings Questions arising at any meeting of directors are to be decided by a majority of votes and, in the case of an equality of votes, the chair of the meeting does not have a second or casting vote.

  • Voting of Shares Parent shall vote all shares of Company Stock beneficially owned by it or any of its Subsidiaries in favor of adoption of this Agreement at the Company Stockholder Meeting.

  • Preferred Stock Directors Whenever, at any time or times, dividends payable on the shares of Designated Preferred Stock have not been paid for an aggregate of six quarterly Dividend Periods or more, whether or not consecutive, the authorized number of directors of the Issuer shall automatically be increased by two and the holders of the Designated Preferred Stock shall have the right, with holders of shares of any one or more other classes or series of Voting Parity Stock outstanding at the time, voting together as a class, to elect two directors (hereinafter the “Preferred Directors” and each a “Preferred Director”) to fill such newly created directorships at the Issuer’s next annual meeting of stockholders (or at a special meeting called for that purpose prior to such next annual meeting) and at each subsequent annual meeting of stockholders until all accrued and unpaid dividends for all past Dividend Periods, including the latest completed Dividend Period (including, if applicable as provided in Section 3(a) above, dividends on such amount), on all outstanding shares of Designated Preferred Stock have been declared and paid in full at which time such right shall terminate with respect to the Designated Preferred Stock, except as herein or by law expressly provided, subject to revesting in the event of each and every subsequent default of the character above mentioned; provided that it shall be a qualification for election for any Preferred Director that the election of such Preferred Director shall not cause the Issuer to violate any corporate governance requirements of any securities exchange or other trading facility on which securities of the Issuer may then be listed or traded that listed or traded companies must have a majority of independent directors. Upon any termination of the right of the holders of shares of Designated Preferred Stock and Voting Parity Stock as a class to vote for directors as provided above, the Preferred Directors shall cease to be qualified as directors, the term of office of all Preferred Directors then in office shall terminate immediately and the authorized number of directors shall be reduced by the number of Preferred Directors elected pursuant hereto. Any Preferred Director may be removed at any time, with or without cause, and any vacancy created thereby may be filled, only by the affirmative vote of the holders a majority of the shares of Designated Preferred Stock at the time outstanding voting separately as a class together with the holders of shares of Voting Parity Stock, to the extent the voting rights of such holders described above are then exercisable. If the office of any Preferred Director becomes vacant for any reason other than removal from office as aforesaid, the remaining Preferred Director may choose a successor who shall hold office for the unexpired term in respect of which such vacancy occurred.