No Partition Rights. No Member shall be entitled to receive property other than cash on account of any distribution to be made and no Member shall have any right to partition of any interest in real property or personal property owned or acquired at any time by the Company, whether under any statute or rule of law.
Appears in 3 contracts
Samples: Operating Agreement (Merit Partners LLC), Operating Agreement (Stonehill Institutional Partners Lp), Operating Agreement (Davidson M H & Co Inc/)
No Partition Rights. No Member shall be entitled to receive ------------------- property other than cash on account of any distribution to be made and no Member shall have any right to partition of any interest in real property or personal property owned or acquired at any time by the Company, whether under any statute or rule of law.
Appears in 1 contract
