Partition. The Members agree that the assets of the Company are not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all rights that he may have, or may obtain, to maintain any action for partition of any of the assets of the Company.
Appears in 17 contracts
Samples: Limited Liability Company Agreement (Cottonwood Multifamily Opportunity Fund, Inc.), Operating Agreement (Terra Secured Income Fund 5, LLC), Limited Liability Company Agreement (Cottonwood Multifamily Reit Ii, Inc.)
Partition. The Members agree Each member agrees that the assets of the Company are not and will not be suitable for partition. Accordingly, each of the Members member hereby irrevocably waives (to the fullest extent permitted by law) any and all rights that he may have, or may obtain, to maintain any action for partition of any of the assets of the Company.
Appears in 14 contracts
Samples: Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.), Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.), Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.)
Partition. The Members agree Each Member agrees that the assets of the Company are not and will not be suitable for partition. Accordingly, each of the Members Member hereby irrevocably waives (to the fullest extent permitted by law) any and all rights that he may have, or may obtain, to maintain any action for partition of any of the assets of the Company.
Appears in 13 contracts
Samples: Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.), Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.), Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.)
Partition. The Members agree that the assets of the Company are not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all rights that he it may have, or may obtain, to maintain any action for partition of any of the assets of the Company.
Appears in 10 contracts
Samples: Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.)
Partition. The Members hereby acknowledge and agree that the assets of the Company are not and will not be suitable for partition. Accordingly; and, accordingly, each of the Members Member hereby irrevocably waives any and all rights that he which it may otherwise have, under the Act or may obtainany other applicable law, to maintain any action for partition of any of the assets of the Companysuch assets.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement, Limited Liability Company Agreement (BNN Corp)
Partition. The Members agree that the assets of the Company are not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives (to the fullest extent permitted by law) any and all rights that he may have, or may obtain, to maintain any action for partition of any of the assets of the Company.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement (T Reit Inc), Operating Agreement (NNN 2003 Value Fund LLC)
Partition. The Members agree that the assets of the Company are not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all rights that he or she may have, currently or may obtainin the future, to maintain any action for partition of any of the assets of the Company.
Appears in 3 contracts
Samples: Operating Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement (Pico Holdings Inc /New)
Partition. The Members agree that the Company's assets of the Company are not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all rights that he right such Member may have, or may obtain, have to maintain any action for partition of any of the Company's assets. No Member shall have any right to any specific assets of the Company upon the liquidation of, or any distribution from, the Company.
Appears in 2 contracts
Samples: Operating Agreement (Shipyard River Coal Terminal Co), Operating Agreement (Shipyard River Coal Terminal Co)
Partition. The Members agree that the assets of the Company are not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all rights that he they may have, or may obtain, to maintain any action for partition of any of the assets of the Company.
Appears in 2 contracts
Samples: Operating Agreement (Performance Capital Management LLC), Operating Agreement (Performance Capital Management LLC)
Partition. The Members agree that the assets of the Company properties are not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all rights that he may have, or may obtain, have to maintain any action for partition of any of the assets of the CompanyCompany property.
Appears in 2 contracts
Samples: Member Control Agreement (Telex Communications Inc), Member Control Agreement (Telex Communications International LTD)
Partition. The Members agree that the assets of the Company properties are not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all rights that he he, she or it may have, or may obtain, have to maintain any action for partition of any of the assets of the CompanyCompany Property.
Appears in 2 contracts
Samples: Operating Agreement (Taylor Investment Corp /Mn/), Operating Agreement (Taylor Investment Corp /Mn/)
Partition. The Members agree that the assets of the Company Assets are not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all rights that he it may have, or may obtain, have to maintain any action for partition of any of the assets of the CompanyCompany Assets.
Appears in 2 contracts
Samples: Master Contribution and Sale Agreement (Forest City Enterprises Inc), Master Contribution and Sale Agreement (Forest City Enterprises Inc)
Partition. The Members agree that the Company’s assets of the Company are not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all rights that he right such Member may have, or may obtain, have to maintain any action for partition of any of the Company’s assets. No Member shall have any right to any specific assets of the Company upon the liquidation of, or any distribution from the Company.
Appears in 1 contract
Samples: Operating Agreement (Pacific Export Resources, LLC)
Partition. The Members agree that the Company assets of the Company are not and will not be suitable for partition. Accordingly, and each of the Members Member hereby irrevocably waives any and all rights that he it may have, or may obtain, have to maintain any action for partition of any of the assets of the CompanyCompany assets.
Appears in 1 contract
Samples: Operating Agreement (Ministry Partners Investment Corp)
Partition. The Members agree that the assets and properties of the Company are not and will not be suitable for partition. Accordingly, each of the Members Member hereby irrevocably waives any and all rights that he such Member may have, or may obtain, have to maintain any action for partition of any of the such assets of the Companyand properties.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Interactive Health, Inc.)
Partition. The Members agree that the assets of the Company are not --------- and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all rights that he may have, or may obtain, to maintain any action for partition of any of the assets of the Company.
Appears in 1 contract
Samples: Operating Agreement (T Reit Inc)
Partition. The Members agree that the Company's assets of the Company are not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all rights that he right such Member may have, or may obtain, have to maintain any action for partition of any of the Company's assets. No Member shall have any right to any specific assets of the Company upon the liquidation of, or any distribution from the Company.
Appears in 1 contract
Partition. The Members agree Member-Manager agrees that the assets of the Company are not and will not be suitable for partition. Accordingly, each of the Members Member-Manager hereby irrevocably waives (to the fullest extent permitted by law) any and all rights that he it may have, or may obtain, to maintain any action for partition of any of the assets of the Company.
Appears in 1 contract
Samples: Operating Agreement (Tesoro High Plains Pipeline Co LLC)
Partition. The Members agree that the assets of the Company are Property is not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all rights that he may have, or may obtain, to maintain any action for partition of any of the assets of the CompanyCompany Property.
Appears in 1 contract
Samples: Member Control Agreement (Taylor Investment Corp /Mn/)
Partition. The Members agree that the assets of the Company are ---------- not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all rights that he they may have, or may obtain, to maintain any action for partition of any of the assets of the Company.
Appears in 1 contract
Samples: Operating Agreement (Performance Capital Management LLC)
Partition. The Members agree that the assets of the Company are not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives waive (to the fullest extent permitted by law) any and all rights that he it may have, or may obtain, to maintain any action for partition of any of the ofthe assets of the ofthe Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Tesoro High Plains Pipeline Co LLC)
