Common use of Common Parts Shares held by Manager Clause in Contracts

Common Parts Shares held by Manager. (a) Notwithstanding anything in this Deed, the Common Parts Shares shall not carry any liability to contribute to the Management Expenses, or make any payment under this Deed, and the Common Parts Shares shall not carry any voting rights (at any meeting whether held under this Deed, the Ordinance or otherwise) or be taken into account in calculating the quorum at any meeting.

Common Parts Shares held by Manager. (a) Notwithstanding anything in this Deed, the Common Parts Shares shall not carry any liability to contribute to the Management Expenses, or make voting rights at any payment meeting whether under this Deed, and the Common Parts Ordinance or otherwise or liability to pay any fees or charges under this Deed. Such Shares shall not carry any voting rights (at be taken into account for the purpose of calculating the quorum of any meeting whether held under this Deed, the Ordinance or otherwise) or be taken into account in calculating the quorum at any meeting.

Common Parts Shares held by Manager. (a) Notwithstanding anything in this Deed, the Common Parts Shares shall not carry any liability to contribute to the Management Expenses, or make any payment under this Deed, and the Common Parts Shares shall not carry any voting rights (at any meeting whether held under this Deed, the Ordinance or otherwise) otherwise or be taken into account in calculating the quorum at any meeting.