Common use of No Interest in Company Property; Waiver of Action for Partition Clause in Contracts

No Interest in Company Property; Waiver of Action for Partition. No Member or Assignee has any interest in specific property of the Company: Without limiting the foregoing, each Member and Assignee irrevocably waives during the term of the Company any right that such Member or Assignee may have to maintain any action for partition with respect to the property of the Company.

Appears in 3 contracts

Samples: Operating Agreement (KW Victory Land Loan, LLC), Operating Agreement (Kennedy-Wilson Properties (IL)), Operating Agreement (Kennedy-Wilson Properties (IL))

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No Interest in Company Property; Waiver of Action for Partition. No Member or Assignee has any interest in specific property of the Company: Company other than the property identified in 11.1 above. Without limiting the foregoing, each Member and Assignee irrevocably waives during the term of the Company any right that such Member he or Assignee she may have to maintain any action for partition with respect to the property of the Company.

Appears in 2 contracts

Samples: Operating Agreement (Ethos Environmental, Inc.), Operating Agreement (Ethos Environmental, Inc.)

No Interest in Company Property; Waiver of Action for Partition. No Member or Assignee has any interest in specific property of the Company: . Without limiting the foregoing, each Member and Assignee irrevocably waives during the term of the Company any right that such Member he or Assignee she may have to maintain any action for partition with respect to the property of the Company.

Appears in 2 contracts

Samples: Operating Agreement (Freedom Securities Corp /De/), Operating Agreement (Freedom Securiteis Corp /De/)

No Interest in Company Property; Waiver of Action for Partition. No Except as set forth in Section 5.6 above, no Member or Assignee has any interest in specific property of the Company: . Without limiting the foregoing, each Member and Assignee irrevocably waives during the term of the Company any right that such Member or Assignee it may have to maintain any action for partition with respect to the property of the Company.

Appears in 1 contract

Samples: Operating Agreement (Zhone Technologies Inc)

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No Interest in Company Property; Waiver of Action for Partition. No Member or Assignee has any interest in any specific property of the Company: . Without limiting the foregoing, each Member and Assignee irrevocably waives during the term of the Company any right that such Member or Assignee it may have to maintain any action for partition with respect to the property of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Borqs Technologies, Inc.)

No Interest in Company Property; Waiver of Action for Partition. No Member or Assignee has any interest in specific property of the Company: . Without limiting the foregoing, each Member and Assignee irrevocably waives during the term of the Company any right that such Member or Assignee it may have to maintain any action for partition with respect to the property of the Company.

Appears in 1 contract

Samples: Operating Agreement (Zhone Technologies Inc)

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