Common use of Voting rules and quorum Clause in Contracts

Voting rules and quorum. 6.2.3.1 Each Consortium Body shall not deliberate and decide validly unless two-thirds (2/3) of its Members are present or represented (quorum). 6.2.3.2 Each Member of a Consortium Body present or represented in the meeting shall have one vote. 6.2.3.3 Defaulting Parties may not vote. 6.2.3.4 In the Supervisory Board, decisions shall be taken by a simple majority (50% + 1) of the votes cast.

Voting rules and quorum. 6.2.3.1 Each Consortium Body shall not deliberate and decide validly unless two-thirds (2/3) of its Members are present or represented (quorum). 6.2.3.2 Each Member of a Consortium Body present or represented in the meeting shall have one vote. 6.2.3.3 Defaulting Parties may not vote. 6.2.3.4 In the Supervisory Board, decisions Decisions shall be taken by a simple majority of two-thirds (50% + 12/3) of the votes castvotes.

Voting rules and quorum. 6.2.3.1 Each Consortium Body shall not deliberate and decide validly unless two-thirds (2/3) of its Members are present or represented (quorum). 6.2.3.2 Each Member of a Consortium Body present or represented in the meeting shall have one vote. 6.2.3.3 Defaulting Parties may not vote. 6.2.3.4 In the Supervisory Board, decisions shall be taken by a simple majority (50% + 1) of the votes cast.

Voting rules and quorum. 6.2.3.1 Each Consortium Body shall not deliberate and decide validly unless two-thirds (2/3) of its Members are present or represented (quorum). 6.2.3.2 Each Member of a Consortium Body present or represented in the meeting shall have one vote. 6.2.3.3 Defaulting Parties may not vote. 6.2.3.4 In the Supervisory Board, decisions Decisions shall be taken by a simple majority (50% + 1) of the votes castvotes.

Voting rules and quorum. 6.2.3.1 Each Consortium Body shall not deliberate and decide validly unless two-thirds (2/3) of its Members are present or represented (quorum). 6.2.3.2 Each Member of a Consortium Body present or represented in the meeting shall have one vote. 6.2.3.3 Defaulting Parties may not vote. 6.2.3.4 In . While the Supervisory Boardconsortium will always strive to reach unanimous decisions, decisions shall be taken by a simple majority (50% + 1) of the votes castvote.

Voting rules and quorum. 6.2.3.1 Each Consortium Body shall not deliberate and decide validly unless two-thirds (2/3) of its the Members of that Consortium Body are present or represented (quorum). 6.2.3.2 Each Member of a Consortium Body present or represented in the meeting shall have one vote. 6.2.3.3 A Party which the General Assembly has declared according to Section 4.2 to be a Defaulting Parties Party may not vote. 6.2.3.4 In the Supervisory Board, decisions Decisions shall be taken by a simple majority of two-thirds (50% + 12/3) of the votes cast, except for accession of a new Party where unanimous vote is required.

Voting rules and quorum. 6.2.3.1 Each Consortium Body shall not deliberate and decide validly unless two-thirds (2/3) of its Members are present or represented (quorum). 6.2.3.2 Each Member of a Consortium Body present or represented in the meeting shall have one vote. 6.2.3.3 Defaulting Parties may not vote. 6.2.3.4 In the Supervisory Board, decisions vote Decisions shall be taken by a simple majority of two-thirds (50% + 12/3) of the votes castvotes.

Voting rules and quorum. 6.2.3.1 Each Consortium Body shall not deliberate and decide validly unless two-thirds (2/3) of its Members are present or represented (quorum). 6.2.3.2 Each Member of a Consortium Body present or represented in the meeting shall have one vote. 6.2.3.3 A Party which the General Assembly has declared according to Section 4.2 to be a Defaulting Parties Party may not vote. 6.2.3.4 In the Supervisory Board, decisions Decisions shall be taken by a simple majority of two-thirds (50% + 12/3) of the votes cast.. 6.2.4