Glossary entry (derived from question below)
English term or phrase:
such number of votes as exceeds by one vote the number of votes required
German translation:
die Anzahl der erforderlichen Mindeststimmen plus 1 Stimme
English term
such number of votes as exceeds by one vote the number of votes required
A holder of not less than 15% of the issued ordinary shares in the Company’s capital shall have such number of votes as exceeds by one vote the number of votes required to be cast whether on a show of hands or a poll or a resolution in writing.
The passage is followed by a number of special resolutions at which these conditions apply.
I'm not sure about the meaning of this phrase. Does it mean the holder of at least 15% of the issued ordinary shares in the company has on these special occasions more than 50% of the votes or just one more than 15%?
4 +7 | die Anzahl der erforderlichen Mindeststimmen plus 1 Stimme | Hans G. Liepert |
Jul 26, 2009 21:24: Hans G. Liepert Created KOG entry
Aug 3, 2009 10:17: Steffen Walter changed "Term asked" from "such number of votes as exceeds by one vote the number of votes required ..." to "such number of votes as exceeds by one vote the number of votes required"
Aug 3, 2009 10:17: Steffen Walter changed "Edited KOG entry" from "<a href="/profile/39316">Hans G. Liepert's</a> old entry - "such number of votes as exceeds by one vote the number of votes required ..."" to ""die Anzahl der erforderlichen Mindeststimmen plus 1 Stimme""
Proposed translations
die Anzahl der erforderlichen Mindeststimmen plus 1 Stimme
Das heisst natürlich nicht, dass er damit bereits eine Stimmenmehrheit hat (die Regelung gilt für weitere Anteilsverhältnisse ja ebenfalls).
agree |
Rolf Keiser
: so würde ich es auch sehen
10 mins
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danke
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agree |
Katja Schoone
3 hrs
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danke, Katja
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agree |
Maria Simmen
4 hrs
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danke
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agree |
Inge Meinzer
8 hrs
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danke
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agree |
Susanne Stöckl
18 hrs
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danke
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agree |
Barbara von Ahlefeldt-Dehn
19 hrs
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danke
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agree |
mary austria
: Ganz klar!
22 hrs
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danke
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Discussion