Common use of Voting rules Clause in Contracts

Voting rules. 12.10.1. The rules below set forth the principle voting rules for adopting decisions of the MCSC and the HLM. These voting rules are further detailed and supplemented by Annex 4 (Rules of Internal Order) and Annex 13 (Statistical data to be used for the calculation of the voting share). OPSCOM, Incident Committee and any other body created by the MCSC pursuant to Article 12.3 entitled to take decisions shall always decide by unanimity without applying Articles 12.10.2. to 12.10.5. 12.10.2. When deciding by unanimity, all Voting Members from NEMOs shall collectively have one (1) vote (the “NEMO Vote”), and all Voting Members from TSOs shall collectively have one (1) vote (the “TSO Vote”), as further detailed in article II.3 of Annex 4 (Rules of Internal Order). 12.10.3. Operational Decisions will be adopted with unanimity of NEMO Vote and TSO Vote, in accordance with the provisions of Annex 4 (Rules of Internal Order). 12.10.4. Governance and Development Decisions are also subject to unanimity of NEMO Vote and TSO Vote, in accordance with the provisions of Annex 4 (Rules of Internal Order). If i) unanimity of NEMO Vote and TSO Vote cannot be achieved, ii) the point is discussed in the meeting and iii) a new proposal of decision is made following such discussion, then such new proposal of decision shall be again subject to unanimity of NEMO Vote and TSO Vote. If the discussion does not lead to a new proposal of decision or if a new proposal of decision cannot be adopted by unanimity of NEMO Vote and TSO Vote, the initial decision or the new proposal of decision, as the case may be, shall be subject to QMV as follows: i) if the following thresholds, calculated applying Annex 13 (Statistical data to be used for the calculation of the voting share), are cumulatively met: a) TSOs and ▇▇▇▇▇ representing together at least 55% of all EU Member States falling under CACM, Norway and Northern Ireland (hereinafter referred to as “Member States”) approve the proposed decision; and b) TSOs and ▇▇▇▇▇ representing together Member States comprising at least 65% of the population of the Member States approve the proposed decision; ii) if the QMV thresholds under i) are not met, the QMV shall nevertheless be deemed attained if there is no blocking minority pursuant to article II.3.5.2.2 of Annex 4 (Rules of Internal Order). 4 i) have not been achieved and there is a blocking minority, the proposed decision is considered rejected; • If the QMV thresholds set under 12.10.4 i) have not been achieved and there is no blocking minority, the proposed decision is considered taken. 12.10.5. For the calculation of the voting share by individual NEMO or TSO, the rules set forth in article II.3.5.2 of Annex 4 (Rules of Internal Order) shall apply.

Appears in 1 contract

Sources: Single Day Ahead Coupling Operations Agreement (Daoa)

Voting rules. 12.10.112.9.1. The rules below set forth the principle voting rules for adopting decisions of the MCSC and the HLM. These voting rules are further detailed and supplemented by Annex 4 Exhibit 10 (Rules of Internal Order) and Annex 13 Exhibit 20 (Statistical data to be used for the calculation of the voting share). OPSCOM, Incident Committee and any other body created by the MCSC pursuant to Article 12.3 entitled to take decisions decisions, shall always decide by unanimity without applying Articles 12.10.212.9.2. to 12.10.512.9.5. 12.10.212.9.2. When deciding by unanimity, all Voting Members from NEMOs shall collectively have one (1) vote (the “NEMO Vote”), and all Voting Members from TSOs shall collectively have one (1) vote (the “TSO Vote”), as further detailed in article II.3 of Annex 4 Exhibit 10 (Rules of Internal Order). 12.10.312.9.3. Operational Decisions will be adopted with unanimity of NEMO Vote and TSO Vote, in accordance with the provisions of Annex 4 Exhibit 10 (Rules of Internal Order). 12.10.412.9.4. Governance and Development Decisions are also subject to unanimity of NEMO Vote and TSO Vote, in accordance with the provisions of Annex 4 Exhibit 10 (Rules of Internal Order). If i) unanimity of NEMO Vote and TSO Vote cannot be achieved, ii) the point is discussed in the meeting and iii) a new proposal of decision is made following such discussion, then such new proposal of decision shall be again subject to unanimity of NEMO Vote and TSO Vote. If the discussion does not lead to a new proposal of decision or if a new proposal of decision cannot be adopted by unanimity of NEMO Vote and TSO Vote, the initial decision or the new proposal of decision, as the case may be, shall be subject to QMV as follows:such i) if the following thresholds, calculated applying Annex 13 Exhibit 20 (Statistical data to be used for the calculation of the voting share), are cumulatively met: a) TSOs and ▇▇▇▇▇ representing together at least 55% of all EU Member States falling under CACM, Norway and Northern Ireland (hereinafter referred to as “Member States”) approve the proposed decision; and b) TSOs and ▇▇▇▇▇ representing together Member States comprising at least 65% of the population of the Member States approve the proposed decision; ii) if the QMV thresholds under i) are not met, the QMV shall nevertheless be deemed attained if there is no blocking minority pursuant to article II.3.5.2.2 of Annex 4 Exhibit 10 (Rules of Internal Order). For the avoidance of any doubt, it is understood that : a) If the QMV thresholds set under Article 12.9. 4 i) have been achieved the decision is considered taken (even if there is a blocking minority); b) If the QMV thresholds set under Article 12.9. 4 i) have not been achieved and there is a blocking minority, the proposed decision is considered rejected; • ; c) If the QMV thresholds set under 12.10.4 Article 12.9. 4 i) have not been achieved and there is no blocking minority, the proposed decision is considered taken. 12.10.512.9.5. For the calculation of the voting share by individual NEMO ▇▇▇▇ or TSO, the rules set forth in article II.3.5.2 of Annex 4 Exhibit 10 (Rules of Internal Order) shall apply.

Appears in 1 contract

Sources: Intraday Operations Agreement (Idoa)

Voting rules. 12.10.112.9.1. The rules below set forth the principle voting rules for adopting decisions of the MCSC and the HLM. These voting rules are further detailed and supplemented by Annex 4 Exhibit 10 (Rules of Internal Order) and Annex 13 Exhibit 20 (Statistical data to be used for the calculation of the voting share). OPSCOM, Incident Committee and any other body created by the MCSC pursuant to Article 12.3 entitled to take decisions decisions, shall always decide by unanimity without applying Articles 12.10.212.9.2. to 12.10.512.9.5. 12.10.212.9.2. When deciding by unanimity, all Voting Members from NEMOs shall collectively have one (1) vote (the “NEMO Vote”), and all Voting Members from TSOs shall collectively have one (1) vote (the “TSO Vote”), as further detailed in article II.3 of Annex 4 Exhibit 10 (Rules of Internal Order). 12.10.312.9.3. Operational Decisions will be adopted with unanimity of NEMO Vote and TSO Vote, in accordance with the provisions of Annex 4 Exhibit 10 (Rules of Internal Order). 12.10.412.9.4. Governance and Development Decisions are also subject to unanimity of NEMO Vote and TSO Vote, in accordance with the provisions of Annex 4 Exhibit 10 (Rules of Internal Order). If i) unanimity of NEMO Vote and TSO Vote cannot be achieved, ii) the point is discussed in the meeting and iii) a new proposal of decision is made following such discussion, then such new proposal of decision shall be again subject to unanimity of NEMO Vote and TSO Vote. If the discussion does not lead to a new proposal of decision or if a new proposal of decision cannot be adopted by unanimity of NEMO Vote and TSO Vote, the initial decision or the new proposal of decision, as the case may be, shall be subject to QMV as follows:. i) if the following thresholds, calculated applying Annex 13 Exhibit 20 (Statistical data to be used for the calculation of the voting share), are cumulatively met: a) TSOs and ▇▇▇▇▇ representing together at least 55% of all EU Member States falling under CACM, Norway and Northern Ireland (hereinafter referred to as “Member States”) approve the proposed decision; and b) TSOs and ▇▇▇▇▇ representing together Member States comprising at least 65% of the population of the Member States approve the proposed decision; ii) if the QMV thresholds under i) are not met, the QMV shall nevertheless be deemed attained if there is no blocking minority pursuant to article II.3.5.2.2 of Annex 4 Exhibit 10 (Rules of Internal Order).. For the avoidance of any doubt, it is understood that : 4 i) have been achieved the decision is considered taken (even if there is a blocking minority); 4 i) have not been achieved and there is a blocking minority, the proposed decision is considered rejected; • If the QMV thresholds set under 12.10.4 12.9.4 i) have not been achieved and there is no blocking minority, the proposed decision is considered taken. 12.10.512.9.5. For the calculation of the voting share by individual NEMO or TSO, the rules set forth in article II.3.5.2 of Annex 4 Exhibit 10 (Rules of Internal Order) shall apply.

Appears in 1 contract

Sources: Intraday Operations Agreement (Idoa)