No Right to Partition. The Members agree that the property owned by the Company is not and will not be suitable for partition between them and that it should be dealt with as a single, integral unit. In consideration of the foregoing and the dissolution provisions of the Act, each Member hereby irrevocably waives, releases, and surrenders any and all rights that it might have to maintain any action to partition any of the property or other Company assets in kind or to maintain a legal action for partition of the same by sale, judicial or otherwise.
Appears in 5 contracts
Samples: Operating Agreement (Erie Shores Emergency Physicians, Inc.), Operating Agreement (Erie Shores Emergency Physicians, Inc.), Operating Agreement (Erie Shores Emergency Physicians, Inc.)
