Common use of Waiver of Partition Clause in Contracts

Waiver of Partition. The Members hereby agree that the Company assets are not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all rights (if any) that such Member may have to maintain any action for partition of any of such assets.

Appears in 21 contracts

Samples: Limited Liability Company Agreement (Woodside Homes, Inc.), Limited Liability Company Agreement (Red Rock Resorts, Inc.), Limited Liability Company Agreement (Hamilton Lane INC)

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Waiver of Partition. The Members hereby agree that the Company assets Properties are not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all rights (if any) that such Member it may have to maintain any action for partition of any of such assetsthe Company Properties.

Appears in 14 contracts

Samples: Limited Liability Company Agreement (Sunstone Hotel Investors, Inc.), Limited Liability Company Agreement (Sunstone Hotel Investors, Inc.), Limited Liability Company Agreement (Morgans Hotel Group Co.)

Waiver of Partition. The Members hereby agree that the Company assets of the Venture are not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all rights (if any) that such Member it may have to maintain any action for partition of any of such assetsthe assets of the Venture.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Behringer Harvard Multifamily Reit I Inc), Limited Liability Company Agreement (Behringer Harvard Multifamily Reit I Inc), Limited Liability Company Agreement (Behringer Harvard Multifamily Reit I Inc)

Waiver of Partition. The Members hereby agree that the Company assets properties are not and will not be suitable for partition. Accordingly, each of the Members Member hereby irrevocably waives any and all rights (if any) that such Member it may have to maintain any action for partition of any of such assetsFund Assets.

Appears in 4 contracts

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

Waiver of Partition. The Members hereby agree that the Company assets are not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all rights (if any) that such Member may have to maintain any action for partition of any of such assets.

Appears in 3 contracts

Samples: Operating Agreement (Ultimate Escapes, Inc.), Operating Agreement (Secure America Acquisition CORP), Operating Agreement (Secure America Acquisition CORP)

Waiver of Partition. The Members hereby agree that the Company assets properties are not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all rights (if any) that such Member it may have to maintain any action for partition of any of such assetsthe Company properties.

Appears in 2 contracts

Samples: Registration Rights Agreement (Tarragon Realty Investors Inc), Operating Agreement (Strategic Hotel Capital Inc)

Waiver of Partition. The Members hereby agree that the Company Company’s assets are not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all rights (if any) that such Member may might otherwise have to maintain any action for the partition of any of such assets.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (1347 Property Insurance Holdings, Inc.), Limited Liability Company Agreement (FG Financial Group, Inc.)

Waiver of Partition. The Members Each Member hereby agree agrees that the Company assets are not not, and will not not, be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all rights (if any) that such Member may have to maintain any action for partition of any of such assets.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (SEACOR Marine Holdings Inc.), Limited Liability Company Agreement (SEACOR Marine Holdings Inc.)

Waiver of Partition. The Members hereby agree that the Company assets Assets are not and will not be suitable for partition. Accordingly, each of the Members Member hereby irrevocably waives any and all rights (if any) that such Member may have to maintain any action for partition of any of such assetsCompany Assets.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (SLM Corp), Limited Liability Company Agreement (SLM Corp)

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Waiver of Partition. The Members hereby agree that the Company Company’s assets are not and will not be suitable for partition. Accordingly, each The Members hereby waive any right of partition or any right to take any action that otherwise might be available to them for the purpose of severing their relationship with the Company or interest in assets held by the Company from the interest of the Members hereby irrevocably waives any and all rights (if any) that such Member may have to maintain any action for partition of any of such assetsother Members.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cancer Genetics, Inc)

Waiver of Partition. The Members hereby agree that the Company assets Assets are not and will not be suitable for partition. Accordingly, each of the Members Member hereby irrevocably waives any and all rights (if any) that such Member it may have to maintain any action for partition of any of such assetsCompany Assets.

Appears in 1 contract

Samples: Operating Agreement (EvolveX Equity Fund LLC)

Waiver of Partition. The Members hereby agree that the Company assets properties are not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all rights (if any) that such Member he, she or it may have to maintain any action for partition of any of such assetsthe Company properties.

Appears in 1 contract

Samples: Fourth Amended And (Developers Diversified Realty Corp)

Waiver of Partition. The Members hereby agree that the Company assets are property is not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all rights (if any) that such Member it may have to maintain any action for partition of any of such assetsthe Company Assets or to maintain an action to compel a judicial dissolution except to compel a liquidation or dissolution of the Company as expressly provided in this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Skechers Usa Inc)

Waiver of Partition. The Members hereby agree that the Company assets properties are not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably irrevocable waives any and all rights (if any) that such Member may have to maintain any action for partition of all or any of such assetsthe Company properties.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Kaanapali Land LLC)

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