Common use of No Right of Partition Clause in Contracts

No Right of Partition. No Member, other than the Manager, shall have the right to seek or obtain partition by court decree or operation of Law of any Company property, or the right to own or use particular or individual assets of the Company.

Appears in 51 contracts

Samples: Limited Liability Company Agreement (Permian Resources Corp), Agreement and Plan of Merger (Permian Resources Corp), Agreement and Plan of Merger (Permian Resources Corp)

AutoNDA by SimpleDocs

No Right of Partition. No MemberTo the fullest extent permitted by law, other than the Manager, no Member shall have the right to seek or obtain partition by court decree or operation of Law law of any property of the Company property, or any of its Subsidiaries or the right to own or use particular or individual assets of the CompanyCompany or any of its Subsidiaries, or, except as expressly contemplated by this Agreement, be entitled to distributions of specific assets of the Company or any of its Subsidiaries.

Appears in 41 contracts

Samples: Limited Liability Company Agreement (TerraForm Power, Inc.), Limited Liability Company Agreement, Limited Liability Company Agreement (Ub Fuel Cell, LLC)

No Right of Partition. No Member, other than the Manager, shall have the right to seek or obtain partition by court decree or operation of Law of any Company propertyproperty of the Company, or the right to own or use particular or individual assets of the Company.

Appears in 37 contracts

Samples: Limited Liability Company Agreement (Smith Douglas Homes Corp.), Limited Liability Company Agreement (Smith Douglas Homes Corp.), Limited Liability Company Agreement (Global Gas Corp)

No Right of Partition. No Member, other than the Manager, Member shall have the right to seek or obtain partition by court decree or operation of Law law of any Company property, or the right to own or use particular or individual assets of the Company.

Appears in 32 contracts

Samples: Company Agreement (BlueRiver Acquisition Corp.), Limited Liability Company Agreement (Rani Therapeutics Holdings, Inc.), Operating Agreement (Enfusion, Inc.)

No Right of Partition. No Member, other than the Manager, A Member shall not have the right to seek or obtain partition by court decree or operation of Law law of any Company property, or the right to own or use particular or individual assets of the Company.

Appears in 13 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement

No Right of Partition. No Member, other than the Manager, Member shall have the right to seek or obtain partition by court decree or operation of Law of any Company property, or the right to own or use particular or individual assets of the Company.

Appears in 12 contracts

Samples: Limited Liability Company Agreement (Amneal Pharmaceuticals, Inc.), Agreement and Plan of Merger (Amneal Pharmaceuticals, Inc.), Limited Liability Company Agreement

No Right of Partition. No Member, other than the ManagerManaging Member, shall have the right to seek or obtain partition by court decree or operation of Law of any Company property, or the right to own or use particular or individual assets of the Company.

Appears in 11 contracts

Samples: Limited Liability Company Agreement (Baker Hughes Holdings LLC), Operating Agreement (RMR Group Inc.), Limited Liability Company Agreement (Graphic Packaging International, LLC)

No Right of Partition. No Member, other than the Manager, Member shall have the right to seek or obtain partition by court decree or operation of Law law of any Company property, property or the right to own or use particular or individual assets of the Company.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Darling Ingredients Inc.), Limited Liability Company Agreement (Darling Ingredients Inc.), Limited Liability Company Agreement (Mascoma Corp)

No Right of Partition. No Member, other than the any Member that is a Manager, shall have the right to seek or obtain partition by court decree or operation of Law of any Company propertyproperty of the Company, or the right to own or use particular or individual assets of the Company.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (American Oncology Network, Inc.), Business Combination Agreement (Digital Transformation Opportunities Corp.), Business Combination Agreement (Digital Transformation Opportunities Corp.)

No Right of Partition. No Member, other than the Manager, Unitholder or Member shall have the right to seek or obtain partition by court decree or operation of Law law of any the Company property, or the right to own or use particular or individual assets of the Company.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (Chicago Pacific Founders UGP, LLC), Limited Liability Company Agreement (Clearwater Analytics Holdings, Inc.), Limited Liability Company Agreement (Clearwater Analytics Holdings, Inc.)

No Right of Partition. No MemberTo the fullest extent permitted by applicable Law, other than the Manager, no Member in its capacity as such shall have the right to seek or obtain partition by court decree or operation of Law of any Company property, or the right to own or use particular or individual assets of the Company, any such right or power that such Member might have to cause the Company or any of its assets to be partition being hereby irrevocably waived.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (Alvarium Tiedemann Holdings, Inc.), Limited Liability Company Agreement (Figdor Drew), Limited Liability Company Agreement (Tiedemann Michael)

No Right of Partition. No Member, other than the Manager, Member shall have the right to seek or obtain partition by court decree or operation of Law law of any property of the Company property, or any of its Subsidiaries or the right to own or use particular or individual assets of the CompanyCompany or any of its Subsidiaries, or, except as expressly contemplated by this Agreement, be entitled to Distributions of specific assets of the Company or any of its Subsidiaries.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Express, Inc.), Limited Liability Company Agreement (Express, Inc.), Limited Liability Company Agreement (Internap Corp)

No Right of Partition. No Member, other than the Manager, current or former Member shall have the right to seek or obtain partition by court decree or operation of Law law of any Company property, or the right to own or use particular or individual assets of the Company.

Appears in 5 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Operating Agreement (Winvest Group LTD), Operating Agreement

No Right of Partition. No Member, other than the Manager, Member shall have the right to seek or obtain partition by court decree or operation of Law law of any Company LLC property, or the right to own or use particular or individual assets of the CompanyLLC.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (BioFuel Energy Corp.), Limited Liability Company Agreement (Deep Down, Inc.), Limited Liability Company Agreement (BioFuel Energy Corp.)

No Right of Partition. No Member, other than the ManagerManager (in its capacity as such), shall have the right to seek or obtain partition by court decree or operation of Law of any Company propertyproperty of the Company, or the right to own or use particular or individual assets of the Company.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Solo Brands, Inc.), Limited Liability Company Agreement (Solo Brands, Inc.), Limited Liability Company Agreement (Yesway, Inc.)

No Right of Partition. No Member, other than the Manager, Member has or shall have the any right to seek or obtain partition by court decree or operation of Law law of any Company property, or the right to own or use particular or individual assets of the Company.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (NorthStar Healthcare Income, Inc.), Limited Liability Company Agreement (Griffin-American Healthcare REIT III, Inc.), Limited Liability Company Agreement (NorthStar Healthcare Income, Inc.)

No Right of Partition. No Member, other than the Manager, shall have the right to seek or obtain partition by court decree or operation of Law law of any Company property, or the right to own or use particular or individual assets of the Company.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (RE/MAX Holdings, Inc.), Equity Transfer and Acquisition Agreement (Chart Acquisition Corp.), Limited Liability Company Agreement (RE/MAX Holdings, Inc.)

No Right of Partition. No Member, other than the Manager, Member shall have the right to seek or obtain partition by court decree or operation of Law law of any property of the Company property, or any of its Subsidiaries or the right to own or use particular or individual assets of the CompanyCompany or any of its Subsidiaries, or, except as expressly contemplated by this Agreement, be entitled to distributions of specific assets of the Company or any of its Subsidiaries.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Duff & Phelps Corp), Limited Liability Company Agreement (Duff & Phelps Corp)

No Right of Partition. No Member, other than the Manager, Member shall have the right to seek or obtain partition by court decree or operation of Law law of any Company property, or the right to own or use particular or individual assets of the Company.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement (Elk Horn Coal Co LLC)

No Right of Partition. No Member, other than the Manager, shall have the right to Member may seek or obtain partition (by court decree or operation of Law law) of any Company property, property or the right to own or use particular or individual assets of the Company.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

No Right of Partition. No Member, other than the Manager, Non-Manager Member shall have the right to seek or obtain partition by court decree or operation of Law of any Company property, or the right to own or use particular or individual assets of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (SmileDirectClub, Inc.), Limited Liability Company Agreement (SmileDirectClub, Inc.)

No Right of Partition. No Member, other than the Manager, shall have the right to seek or obtain partition by court decree or operation of Law of any Company property, or the right to own or use particular or individual assets of the Company.. Section 7.04

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Neff Corp), Joinder Agreement (Neff Corp)

No Right of Partition. No Member, other than the Manager, Unit Holder or Member shall have the right to seek or obtain partition by court decree or operation of Law law of any Company property, or the right to own or use particular or individual assets of the Company.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Nord Anglia Education, Inc.), Transaction Agreement (Nord Anglia Education, Inc.)

No Right of Partition. No Member, other than the ManagerManager (if the Manager is also a Member), shall have the right to seek or obtain partition by court decree or operation of Law of any Company propertyproperty of the Company, or the right to own or use particular or individual assets of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (P3 Health Partners Inc.), Joinder Agreement (Foresight Acquisition Corp.)

No Right of Partition. No Member, other than the Manager, Shareholder or Member shall have the right to seek or obtain partition by court decree or operation of Law law of any Company LLC property, or the right to own or use particular or individual assets of the CompanyLLC.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Helpful Alliance Co), Limited Liability Company Agreement (GT Solar International, Inc.)

No Right of Partition. No Member, other than the Manager, Member in its capacity as such shall have the right to seek or obtain partition by court decree or operation of Law of any Company property, or the right to own or use particular or individual assets of the Company.

Appears in 2 contracts

Samples: Operating Agreement (SciPlay Corp), Operating Agreement (SciPlay Corp)

No Right of Partition. No Member, other than the Manager, shall Member will have the right to seek or obtain partition by court decree or operation of Law law of any Company property, or the right to own or use particular or individual assets of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Symbotic Inc.), Liability Company Agreement (Valley Telephone Co., LLC)

AutoNDA by SimpleDocs

No Right of Partition. No Member, other than the Manager, shall have the right to seek or obtain partition by court decree or operation of Law of any Company property, or the right to own or use particular or individual assets of the Company.Company.‌

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Operating Agreement

No Right of Partition. No Membermember, other than the Manager, shall have the right to seek or obtain partition by court decree or operation of Law of any Company property, or the right to own or use particular or individual assets of the Company.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

No Right of Partition. No Member, other than the Manager, shall Member has or will have the any right to seek or obtain partition by court decree or operation of Law law of any Company property, or the right to own or use particular or individual assets of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Cipher Mining Inc.), Limited Liability Company Agreement (Seaspan CORP)

No Right of Partition. No MemberExcept as set forth in Section 11.2 or pursuant to a license granted to a Member pursuant to Article XI, other than the Manager, no Member shall have the right to seek or obtain partition by court decree or operation of Law law of any Company of the Company’s property, or or, except as expressly contemplated by this Agreement, be entitled to the right to own or use distribution of particular or individual assets of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Express, Inc.), Limited Liability Company Agreement (Express, Inc.)

No Right of Partition. No Member, other than the Manager, Member shall have the right to seek or obtain partition petition by court decree or operation of Law law of any Company property, or the right to own or use particular or individual assets of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Savage Sports Holdings, Inc.), Limited Liability Company Operating Agreement (Savage Sports Holdings, Inc.)

No Right of Partition. No Member, other than the Manager, shall shall, to the fullest extent permitted by law have the right to seek or obtain partition by court decree or operation of Law of any Company property, or the right to own or use particular or individual assets of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Desert Peak Minerals Inc.)

No Right of Partition. No Member, other than the Manager, Member or assignee shall have the right to seek or obtain partition by court decree or operation of Law law of any Company property, or the right to own or use particular or individual assets property of the Company.

Appears in 1 contract

Samples: Operating Agreement (Latzim Family LLC)

No Right of Partition. No Member, other than the Manager, shall shall, to the fullest extent permitted by Law have the right to seek or obtain partition by court decree or operation of Law of any Company property, or the right to own or use particular or individual assets of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Bounty Minerals, Inc.)

No Right of Partition. No Member, other than the Manager, A member shall not have the right to seek or obtain partition by court decree or operation of Law law of any Company company property, or the right to own or use particular or individual assets of the Companycompany.

Appears in 1 contract

Samples: Operating Agreement

No Right of Partition. (a) . No Member, other than the ManagerManaging Member, shall have the right to seek or obtain partition by court decree or operation of Law of any Company property, or the right to own or use particular or individual assets of the Company.

Appears in 1 contract

Samples: Transaction Agreement and Plan of Merger (Baker Hughes Inc)

No Right of Partition. No MemberExcept as set forth in Section 8.2 or pursuant to a license granted to a Member pursuant to Section 2.10, other than the Manager, no Member shall have the right to seek or obtain partition by court decree or operation of Law law of any Company of the Company’s property, or the right to own or use particular or individual assets of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Lordstown Motors Corp.)

No Right of Partition. No Member, other than the Manager, current or former Member --------------------- shall have the right to seek or obtain partition by court decree or operation of Law law of any Company property, or the right to own or use particular or individual assets of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Comple Tel LLC)

No Right of Partition. No Member, other than the Manager, shall Member has or will have the any right to seek or obtain partition by court decree or operation of Law law of any Company LLC property, or the right to own or use particular or individual assets of the CompanyLLC.

Appears in 1 contract

Samples: Limited Liability Company Agreement

No Right of Partition. No Member, other than unless such Member is the Manager, shall have the right to seek or obtain partition by court decree or operation of Law of any Company property, or the right to own or use particular or individual assets of the Company.. Section 7.04

Appears in 1 contract

Samples: Operating Agreement (Wolverine Partners Corp.)

No Right of Partition. No Member, other than the ManagerManaging Member, shall have the right to seek or obtain partition by court decree or operation of Law of any Company property, or the right to own or use particular or individual assets of the Company.. Section 7.03

Appears in 1 contract

Samples: Operating Agreement

No Right of Partition. No Member, other than the Manager, Member or holder of Units shall have the right to seek or obtain partition by court decree or operation of Law of any the Company property, or the right to own or use particular or individual assets of the Company (including all or a portion of the Company Subsidiaries or Affiliates of the Company).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Driven Brands Holdings Inc.)

No Right of Partition. No Member, other than unless such Member is the Manager, shall have the right to seek or obtain partition by court decree or operation of Law of any Company property, or the right to own or use particular or individual assets of the Company.

Appears in 1 contract

Samples: Operating Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.