Partition. The Members agree that the Property is not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all right such Member may have to maintain any action for partition of any of the Property. 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 28 contracts
Samples: Limited Liability Company Agreement (Plains Gp Holdings Lp), Limited Liability Company Agreement (Plains All American Pipeline Lp), Limited Liability Company Agreement (Antero Midstream GP LP)
Partition. The Members agree that the Property is assets of the Company are not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all right such Member rights that he may have have, or may obtain, to maintain any action for partition of any of the Property. 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 16 contracts
Samples: Limited Liability Company Agreement (Cottonwood Multifamily Opportunity Fund, Inc.), Limited Liability Company Agreement (Terra Secured Income Fund 5, LLC), Limited Liability Company Agreement (Cottonwood Multifamily Reit Ii, Inc.)
Partition. The Members agree that the Property property of the Company is not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all right such Member may have to maintain any action for partition of any of the Propertyproperty of the Company. 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 3 contracts
Samples: Limited Liability Company Agreement (Tallgrass Energy GP, LP), Limited Liability Company Agreement (Kelso GP VIII, LLC), Limited Liability Company Agreement (Tallgrass Energy GP, LP)
Partition. The Members agree that the Property is Company properties are not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all right such Member rights that he may have to maintain any action for partition of any of the Property. No Member shall have any right to any specific assets of the Company upon the liquidation of, or any distribution from, the Companyproperty.
Appears in 2 contracts
Samples: Member Control Agreement (Telex Communications Inc), Member Control Agreement (Telex Communications International LTD)
Partition. The Members agree that the Property is Company properties are not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all right such Member rights that he, she or it may have to maintain any action for partition of any of the Company Property. 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 (Taylor Investment Corp /Mn/), Operating Agreement (Taylor Investment Corp /Mn/)
Partition. The Members agree that the Property is Company's assets are not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all right such Member may have to maintain any action for partition of any of the PropertyCompany'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 Property is not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all right such Member he/she/it may have to maintain any action for partition of any of the Property. 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 that the Property is Company’s assets are not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all right such Member may have to maintain any action for partition of any of the PropertyCompany’s assets. No Member shall have any right to any specific assets of the Company upon the liquidation of, or any distribution from, from the Company.
Appears in 1 contract
Samples: Operating Agreement (Pacific Export Resources, LLC)
Partition. The Members agree that the Property is Company's assets are not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all right such Member may have to maintain any action for partition of any of the PropertyCompany'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.. 29
Appears in 1 contract
Partition. The Members agree that the Property is 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 right rights that such Member may have to maintain any action for partition of any of the Property. No Member shall have any right to any specific such assets of the Company upon the liquidation of, or any distribution from, the Companyand properties.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Interactive Health, Inc.)
Partition. The Members agree that the Company Property is not and not, nor will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all right such rights that the Member may have to maintain any action for partition of any of the Company Property. 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: Limited Liability Company Agreement (WPT Enterprises Inc)
Partition. The Members agree that the Company Property is not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all right such Member may have rights to maintain any action for partition of any of the Company Property. 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: Member Control Agreement (Taylor Investment Corp /Mn/)
Partition. The Members agree that the Property is not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all right such EXECUTION COPY Member may have to maintain any action for partition of any of the Property. 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: Limited Liability Company Agreement (Plains Resources Inc)
Partition. The Members agree that the Property is Company's assets are not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all right such Member may have to maintain any action for partition of any of the PropertyCompany'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.. 27
Appears in 1 contract
Partition. The Members agree that the Property is Company's assets are not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all right such Member may have to maintain any action for partition of any of the PropertyCompany's assets. No Member shall have any right to any specific assets of the Company upon the liquidation of, or any distribution from, from the Company.
Appears in 1 contract
Partition. The Members agree that the Property is Company’s assets are not and will not be suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all right such Member may have to maintain any action for partition of any of the PropertyCompany’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 (Cinergy Corp)
Partition. The Members agree that the Property is not and will not be --------- suitable for partition. Accordingly, each of the Members hereby irrevocably waives any and all right such Member may have to maintain any action for partition of any of the Property. 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: Limited Liability Company Agreement (Plains All American Pipeline Lp)
