Search Results for: EFFECTIVE DATE

mandate

mandate, n. 1. An order from an appellate court directing a lower court to take a specified action. — Also termed (in BrE) order. See MANDAMUS. [Cases: Appeal and Error 1186.1; Federal Courts 949. 1. C.J.S. Appeal and Error § 968.] 2. A judicial command directed to an officer of the court to enforce a

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effective vote

A vote that counts toward a winning candidate, to the extent needed to win. • A vote that goes to a winning candidate is “effective” to the extent needed to win, and “excess” beyond that point. For example, if a candidate needs 100 votes and gets 150, then 50 votes are excess votes and each

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acceleration

acceleration, n. 1. The advancing of a loan agreement’s maturity date so that payment of the entire debt is due immediately. [Cases: Bills and Notes 129(2). C.J.S. Bills and Notes; Letters of Credit §§ 76, 92–100.] 2. The shortening of the time for vesting in possession of an expectant interest. — Also termed acceleration of

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