Non Partition Sample Clauses

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Non Partition. No Partner shall be entitled to seek partition of any Partnership property.
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Non Partition. The Members agree that the Company property is not and will not be suitable for partition; and, accordingly hereby irrevocably waive all their rights to maintain any action for partition.
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Non Partition. The parties agree that they will neither seek, nor argue for partition of the real property or the Joint Venture and that the sale of the property and all distributions shall be the sole remedy of any Joint Venturer, all such sales and distributions to be made in accordance with the terms hereof.
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Non Partition. No Member shall be entitled to seek or obtain partition of any Company property, or to own or use particular or individual assets of the Company, whether by court decree or otherwise.
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Non Partition. Partial Invalidity.
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Non Partition. Partial Invalidity.
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Related to Non Partition

  • No Partition No Partner nor any successor-in-interest to a Partner shall have the right while this Agreement remains in effect to have any property of the Partnership partitioned, or to file a complaint or institute any proceeding at law or in equity to have such property of the Partnership partitioned, and each Partner, on behalf of itself and its successors and assigns hereby waives any such right. It is the intention of the Partners that the rights of the parties hereto and their successors-in-interest to Partnership property, as among themselves, shall be governed by the terms of this Agreement, and that the rights of the Partners and their respective successors-in-interest shall be subject to the limitations and restrictions as set forth in this Agreement.

  • Partition The Partners hereby agree that no Partner, nor any successor in interest of any Partner, shall have the right to have any Partnership assets partitioned, or to file a complaint or institute any proceedings of law or equity to have a Partnership asset partitioned, and each Partner, on behalf of itself, its successors and assigns, hereby waives any such rights.

  • Non-Parties If a Tax Indemnitee is not a party to this Agreement, Owner may require the Tax Indemnitee to agree in writing, in a form reasonably acceptable to Owner, to the terms of this Section 8.3 and Section 15.8 prior to making any payment to such Tax Indemnitee under this Section 8.3.

  • 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.

  • Waiver of Partition To the maximum extent permitted by law, each Partner hereby waives any right to partition of the Partnership property.