Common use of Waiver of Right of Partition Clause in Contracts

Waiver of Right of Partition. Each of the Members does hereby agree to and does hereby waive any right such Member may otherwise have to cause any of the Company’s assets to be partitioned among the Members or to file any complaint or to institute any proceeding at law or in equity seeking to have any such assets partitioned.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (OPC Residential Properties Trust, Inc.)

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Waiver of Right of Partition. Each of the Members does hereby agree to and does hereby irrevocably waive (a) any right such Member it may otherwise have have, whether by statute or by rule of law, to cause any asset of the Company’s assets Company to be partitioned among the Members or to file any a complaint or to institute any proceeding at law law, or in equity seeking equity, to have cause any such assets partitioned.asset to be

Appears in 1 contract

Samples: Limited Liability Company Agreement (Multimedia Games Inc)

Waiver of Right of Partition. Each of the Members does hereby agree to and does hereby waive any right such Member may otherwise he might have to cause any of the Company’s assets of the Company to be partitioned among the Members or to file any complaint or to institute any proceeding at law or in equity seeking to have any cause such assets partitionedpartition.

Appears in 1 contract

Samples: Operating Agreement (Wendy's of Denver, Inc.)

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Waiver of Right of Partition. Each of the Members does hereby agree to and does hereby waive any right such Member that it may otherwise have to cause any the assets and property of the Company’s assets Company or any Subsidiary to be partitioned among the Members or to file any complaint or to institute any proceeding at law or in equity seeking to have any such assets cause the same to be partitioned.

Appears in 1 contract

Samples: Operating Agreement

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