Common use of A Participant’s Clause in Contracts

A Participant’s. Auditing Committee representative shall be entitled to vote on all matters except those actions or determinations which relate solely to a Unit or common property in which such Participant does not have a Participation Share except that if a Participant’s right to vote has been suspended pursuant to Section 35.4.1, the requisite majority for actions or determinations specified in Section 18.4.1 shall be adjusted in proportion to the number of Participants whose right to vote has not been suspended. An example of such an adjustment is provided in Exhibit VIII.

A Participant’s. Auditing Committee representative shall be entitled to vote on all matters except those actions or determinations which relate solely to a Unit or common property in which such Participant does not have a Participation Share except that if a Participant’s 's right to vote has been suspended pursuant to Section 35.4.1, the requisite majority for actions or determinations specified in Section 18.4.1 shall be adjusted in proportion to the number of Participants whose right to vote has not been suspended. An example of such an adjustment is provided in Exhibit VIII.