Common use of No Right of Partition Clause in Contracts

No Right of Partition. No Unitholder shall have the right to seek or obtain partition by court decree or operation of law of any LLC property, or the right to own or use particular or individual assets of the LLC.

Appears in 14 contracts

Samples: Limited Liability Company Agreement (St Renatus LLC), Limited Liability Company Agreement (Providence Service Corp), Limited Liability Company Agreement (Providence Service Corp)

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No Right of Partition. No Unitholder or Member shall have the right to seek or obtain partition by court decree or operation of law of any LLC the Company property, or the right to own or use particular or individual assets of the LLCCompany.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (Chicago Pacific Founders UGP, LLC), Limited Liability Company Agreement (Clearwater Analytics Holdings, Inc.), Limited Liability Company Agreement (Clearwater Analytics Holdings, Inc.)

No Right of Partition. No Unitholder shall have the right to seek or obtain partition by court decree or operation of law of any LLC property, property of the Company or any of its Subsidiaries or the right to own or use particular or individual assets of the LLCCompany or any of its Subsidiaries, or, except as expressly contemplated by this Agreement, be entitled to distributions of specific assets of the Company or any of its Subsidiaries.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (21st Century Oncology Holdings, Inc.), Limited Liability Company Agreement (21st Century Oncology Holdings, Inc.), Limited Liability Company Agreement (21st Century Oncology Holdings, Inc.)

No Right of Partition. No Unitholder shall have the right to seek or obtain partition by court decree or operation of law of any LLC property, property of the Company or any of its Subsidiaries or the right to own or use particular or individual assets of the LLCCompany or any of its Subsidiaries, or, except as expressly contemplated by this Agreement, be entitled to Distributions of specific assets of the Company or any of its Subsidiaries.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Jones Energy, Inc.), Limited Liability Company Agreement (Tallgrass Energy GP, LP), Limited Liability Company Agreement (Kelso GP VIII, LLC)

No Right of Partition. No Unitholder shall have the right to seek or obtain partition by court decree or operation of law of any LLC Company property, or the right to own or use particular or individual assets of the LLCCompany.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Project Angel Parent, LLC), Limited Liability Company Agreement (Cable One, Inc.), Operating Agreement

No Right of Partition. No Unitholder shall have the right to seek or obtain partition by court decree or operation of law of any LLC of the Company’s property, or the right to own or use particular or individual assets of the LLCCompany.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (VWR, Inc.), Limited Liability Company Agreement (VWR Funding, Inc.)

No Right of Partition. No Unitholder shall have the right to may seek or obtain partition (by court decree or operation of law law) of any LLC property, Company property or the right to own or use particular or individual assets of the LLCCompany.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Ardent Health Partners, LLC), Limited Liability Company Agreement (Ardent Health Partners, LLC)

No Right of Partition. No current or former Unitholder shall in its capacity as such have the right to seek or obtain partition by court decree or operation of law of any LLC Company property, or the right to own or use particular or individual assets of the LLCCompany.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Tronc, Inc.)

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No Right of Partition. No Unitholder shall have the right to seek or obtain partition by court decree or operation of law applicable Law of any LLC Company property, or the right to own or use particular or individual assets of the LLCCompany.

Appears in 1 contract

Samples: Operating Agreement (Metaldyne Corp)

No Right of Partition. No Unitholder or Member shall have the right to seek or obtain partition by court decree or operation of law of any Holdings LLC property, property or the right to own or use particular or individual assets of the Holdings LLC.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Solo Brands, Inc.)

No Right of Partition. No Unitholder shall have the right to seek or obtain partition by court decree or operation of law of any LLC Company property, or the right to own or use particular or individual assets of the LLCCompany.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cempra Holdings, LLC)

No Right of Partition. No current or former Unitholder shall have the right to seek or obtain partition by court decree or operation of law of any LLC Company property, or the right to own or use particular or individual assets of the LLCCompany.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Trimas Corp)

No Right of Partition. No Unitholder or Member shall have the right to seek or obtain partition by court decree or operation of law of any Holdings LLC property, or the right to own or use particular or individual assets of the Holdings LLC.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Pathology Solutions, LLC)

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