Common use of No Interest in Company Property 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 1 contract

Samples: Operating Agreement

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No Interest in Company Property. Waiver Of of Action For 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)

No Interest in Company Property. Waiver Of of Action For for Partition. No Member or Assignee has any interest in specific property of the Company: Company other than the property identified in Section 11.5 above. 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 1 contract

Samples: Operating Agreement

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No Interest in Company Property. Waiver Of of Action For 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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