Common use of No Right of Partition Clause in Contracts

No Right of Partition. No Shareholder or Member 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 2 contracts

Samples: Limited Liability Company Agreement (Helpful Alliance Co), Limited Liability Company Agreement (GT Solar International, Inc.)

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No Right of Partition. No Shareholder or Member Equityholder 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 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement

No Right of Partition. No Shareholder current or Member former Equity Owner 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 (PetIQ, Inc.)

No Right of Partition. No Shareholder or Member Interest Holder 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: Operating Agreement

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No Right of Partition. No Shareholder or Member Holder 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 (Heartland Technology Inc)

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