{"component": "clause", "props": {"groups": [{"snippet": "Each Member waives any and all rights that it may have to maintain an action for partition of the Company's property.", "snippet_links": [{"key": "each-member", "type": "definition", "offset": [0, 11]}, {"key": "all-rights", "type": "clause", "offset": [27, 37]}, {"key": "to-maintain", "type": "clause", "offset": [55, 66]}, {"key": "of-the-company", "type": "clause", "offset": [91, 105]}], "samples": [{"hash": "eT3HCxV4jvx", "uri": "/contracts/eT3HCxV4jvx#partition", "label": "Limited Liability Company Agreement (Hudbay Minerals Inc.)", "score": 37.2327156067, "published": true}, {"hash": "jf4m8qmjArU", "uri": "/contracts/jf4m8qmjArU#partition", "label": "Operating Agreement (Unation, LLC)", "score": 27.3709793091, "published": true}, {"hash": "fgSDdFlFW6Y", "uri": "/contracts/fgSDdFlFW6Y#partition", "label": "Limited Liability Company Operating Agreement", "score": 26.3552360535, "published": true}], "size": 158, "hash": "65eb542344cedfd9ae85ea7b61f73c8d", "id": 1}, {"snippet": "Effective as of the date hereof, Borrower and Lender agree that the Partitioned Note is hereby partitioned from the Original Note. 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"uri": "/contracts/gsMSe7BmOEn#partition", "label": "Limited Liability Company Agreement (CVR Energy Inc)", "score": 34.3305969238, "published": true}], "size": 87, "hash": "1ecf020e1c007f954080d34d97b2a187", "id": 4}, {"snippet": "While the Company remains in effect or is continued, each Member agrees and waives its rights to have any Company Property partitioned, or to file a complaint or to institute any suit, action or proceeding at law or in equity to have any Company Property partitioned, and each Member, on behalf of itself, its successors and its assigns hereby waives any such right.", "snippet_links": [{"key": "the-company", "type": "clause", "offset": [6, 17]}, {"key": "in-effect", "type": "definition", "offset": [26, 35]}, {"key": "each-member", "type": "definition", "offset": [53, 64]}, {"key": "company-property", "type": "definition", "offset": [106, 122]}, {"key": "file-a-complaint", "type": "clause", "offset": [142, 158]}, {"key": "action-or-proceeding", "type": 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Accordingly, each of the Partners hereby irrevocably waives any and all right such Partner may have to maintain any action for partition of any of the Property. No Partner shall have any right to any specific assets of the Partnership upon the liquidation of, or any distribution from, the Partnership.", "snippet_links": [{"key": "the-property", "type": "clause", "offset": [24, 36]}, {"key": "to-maintain", "type": "clause", "offset": [184, 195]}, {"key": "any-action", "type": "definition", "offset": [196, 206]}, {"key": "no-partner", "type": "clause", "offset": [245, 255]}, {"key": "right-to", "type": "definition", "offset": [271, 279]}, {"key": "assets-of-the-partnership", "type": "clause", "offset": [293, 318]}], "samples": [{"hash": "koCxC8FNw9r", "uri": "/contracts/koCxC8FNw9r#partition", "label": "Limited Partnership Agreement (Plains Gp Holdings Lp)", "score": 27.8884334564, "published": true}, {"hash": "bwA9uo7iMvi", "uri": "/contracts/bwA9uo7iMvi#partition", "label": "Simplification Agreement (Plains All American Pipeline Lp)", "score": 27.5325126648, "published": true}, {"hash": "leY1thGJmjA", "uri": "/contracts/leY1thGJmjA#partition", "label": "Limited Partnership Agreement (Plains Gp Holdings Lp)", "score": 24.8138256073, "published": true}], "size": 38, "hash": "c2207e19bb0a1464c7356fcacc8f2216", "id": 9}, {"snippet": "The Members agree that the Property is not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all right such Member may have to maintain any action for partition of any of the Property. No Member shall have any right to any specific assets of the Company upon the liquidation of, or any distribution from, the Company.", "snippet_links": [{"key": "the-members", "type": "clause", "offset": [0, 11]}, {"key": "the-property", "type": "clause", "offset": [23, 35]}, {"key": "to-maintain", "type": "clause", "offset": [181, 192]}, {"key": "any-action", "type": "definition", "offset": [193, 203]}, {"key": "no-member-shall", "type": "clause", "offset": [242, 257]}, {"key": "right-to", "type": "definition", "offset": [267, 275]}, {"key": "assets-of-the-company", "type": "clause", "offset": [289, 310]}], "samples": [{"hash": "gzG82fCYLEC", "uri": "/contracts/gzG82fCYLEC#partition", "label": "Limited Liability Company Agreement (Plains All American Pipeline Lp)", "score": 30.1615333557, "published": true}, {"hash": "429aNPwwEyu", "uri": "/contracts/429aNPwwEyu#partition", "label": "Limited Liability Company Agreement (Plains Gp Holdings Lp)", "score": 30.1615333557, "published": true}, {"hash": "cTq3WfCQzQO", "uri": "/contracts/cTq3WfCQzQO#partition", "label": "Limited Liability Company Agreement (Antero Midstream GP LP)", "score": 28.3511295319, "published": true}], "size": 65, "hash": "c4cc7d9fffe03f72c8aea2139264b52d", "id": 5}, {"snippet": "Each member agrees that the assets of the Company are not and will not be suitable for partition. Accordingly, each member hereby irrevocably waives (to the fullest extent permitted by law) any and all rights that he may have, or may obtain, to maintain any action for partition of any of the assets of the Company.", "snippet_links": [{"key": "each-member", "type": "definition", "offset": [0, 11]}, {"key": "assets-of-the-company", "type": "clause", "offset": [28, 49]}, {"key": "to-the-fullest-extent-permitted-by-law", "type": "clause", "offset": [150, 188]}, {"key": "all-rights", "type": "clause", "offset": [198, 208]}, {"key": "to-maintain", "type": "clause", "offset": [242, 253]}, {"key": "any-action", "type": "definition", "offset": [254, 264]}], "samples": [{"hash": "e1tIGmyiExv", "uri": "/contracts/e1tIGmyiExv#partition", "label": "Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.)", "score": 28.603012085, "published": true}, {"hash": "WpMg4AGuBc", "uri": "/contracts/WpMg4AGuBc#partition", "label": "Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.)", "score": 28.603012085, "published": true}, {"hash": "kyWPGVJgqJF", "uri": "/contracts/kyWPGVJgqJF#partition", "label": "Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.)", "score": 28.1430530548, "published": true}], "size": 65, "hash": "c9a680c1efdacbc7ca70d0e91ad1d1e9", "id": 6}, {"snippet": "25.1 Each of the parties hereto waives, during the term of this Agreement, any right to partition of the Property or the Assets or any part thereof and no party shall seek to be entitled to partition of the Property or the Assets whether by way of physical partition, judicial sale or otherwise during the term of this Agreement.", "snippet_links": [{"key": "the-parties-hereto", "type": "clause", "offset": [13, 31]}, {"key": "during-the-term-of-this-agreement", "type": "clause", "offset": [40, 73]}, {"key": "partition-of-the-property", "type": "clause", "offset": [88, 113]}, {"key": "the-assets", "type": "clause", "offset": [117, 127]}, {"key": "no-party", "type": "clause", "offset": [152, 160]}, {"key": "judicial-sale", "type": "definition", "offset": [268, 281]}], "samples": [{"hash": "10xPzb0vX2v", "uri": "/contracts/10xPzb0vX2v#partition", "label": "Mining Option Agreement (All American Gold Corp.)", "score": 22.7056808472, "published": true}, {"hash": "gZXjtQne0Uv", "uri": "/contracts/gZXjtQne0Uv#partition", "label": "Mining Option Agreement (Coastal Pacific Mining Corp)", "score": 22.3935661316, "published": true}, {"hash": "j6NO77tqyau", "uri": "/contracts/j6NO77tqyau#partition", "label": "Option Agreement (Source Gold Corp.)", "score": 21.8706359863, "published": true}], "size": 40, "hash": "fbe875d6c46bfbcfa24ebe6d0d076581", "id": 8}], "next_curs": "ClISTGoVc35sYXdpbnNpZGVyY29udHJhY3Rzci4LEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhJwYXJ0aXRpb24jMDAwMDAwMGEMogECZW4YACAA", "clause": {"title": "Partition", "children": [["", ""], ["insurance", "Insurance"], ["definitions", "Definitions"], ["management", "Management"], ["payment-of-expenses", "Payment of Expenses"]], "parents": [["miscellaneous", "Miscellaneous"], ["audits-of-income-tax-returns", "Audits of Income Tax Returns"], ["indemnification-of-tmp", "Indemnification of TMP"], ["construction", "Construction"], ["no-litigation", "No Litigation"]], "size": 1539, "id": "partition", "related": [["no-partition", "No Partition", "No <strong>Partition</strong>"], ["motion", "Motion", "Motion"], ["no-right-of-partition", "No Right of Partition", "No Right of <strong>Partition</strong>"], ["waiver-of-partition", "Waiver of Partition", "Waiver of <strong>Partition</strong>"], ["fences", "Fences", "Fences"]], "related_snippets": [], "updated": "2026-04-18T05:49:41+00:00", "also_ask": [], "drafting_tip": "Specify the method of partition, identify the assets subject to partition, and outline dispute resolution procedures to prevent ambiguity, ensure fair division, and facilitate efficient conflict resolution.", "explanation": "A Partition clause defines how property, assets, or interests are to be divided among parties, typically in the context of joint ownership or co-tenancy. In practice, this clause outlines the procedures for physically dividing property or, if that is not feasible, for selling the property and distributing the proceeds among the owners according to their respective shares. The core function of a Partition clause is to provide a clear mechanism for resolving disputes or ending joint ownership, thereby preventing prolonged disagreements and ensuring an orderly separation of interests."}, "json": true, "cursor": ""}}