Common use of No Interest in Company Property Clause in Contracts

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

Appears in 1 contract

Samples: Operating Agreement (Saint Andrews Golf Corp)

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No Interest in Company Property. Waiver of Action for Partition. No Member or owner of an Economic Interest has any interest in specific property of the CompanyCompany or any Subsidiary. Without limiting the foregoing, each Member and owner of an Economic Interest irrevocably waives during the term duration of the Company any right that he or she such Member 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 (Charter Communications Inc /Mo/)

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

Appears in 1 contract

Samples: Operating Agreement (Grill Concepts Inc)

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

Appears in 1 contract

Samples: Operating Agreement (Grill Concepts Inc)

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