Common use of Partition Clause in Contracts

Partition. The Partners agree that the Property is not and will not be suitable for partition. Accordingly, each of the Partners hereby irrevocably waives any and all right such Partner may have to maintain any action for partition of any of the Property. No Partner shall have any right to any specific assets of the Partnership upon the liquidation of, or any distribution from, the Partnership.

Appears in 13 contracts

Samples: Registration Rights Agreement (Plains Gp Holdings Lp), Registration Rights Agreement (Plains All American Pipeline Lp), Limited Partnership Agreement (Plains Gp Holdings Lp)

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Partition. The Partners agree that the Property is Partnership's assets are not and will not be suitable for partition. Accordingly, each of the Partners hereby irrevocably waives any and all right such Partner he may have to maintain any action for partition of any of the Property. No Partner shall have any right to any specific assets of the Partnership upon the liquidation of, or any distribution from, the Partnership's assets.

Appears in 10 contracts

Samples: Article Five (Jones Financial Cos Lp), Jones Financial Companies Lp LLP, Montgomery Cellular Telephone Co Inc

Partition. The Partners agree that the Property is not and will not be he suitable for partition. partition Accordingly, each of the Partners hereby irrevocably waives any and all right such Partner may have to maintain any action for partition of any of the Property. No Partner shall have any right to any specific assets of the Partnership upon the liquidation of, or any distribution from, the Partnership.

Appears in 8 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Natural Resource Partners Lp), Agreement (Natural Resource Partners Lp)

Partition. The Partners agree that the Property is Partnership’s assets are not and will not be suitable for partition. Accordingly, each of the Partners hereby irrevocably waives any and all right such Partner may have to maintain any action for partition of any of the Property. No Partner shall have any right to any specific assets of the Partnership upon the liquidation of, or any distribution from, the Partnership’s assets.

Appears in 3 contracts

Samples: Jones Financial Companies LLLP, Jones Financial Companies LLLP, Jones Financial Companies LLLP

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Partition. The Partners agree that the Property is not and will not be suitable for partition. Accordingly, each of the Partners Partner hereby irrevocably waives any and all right such Partner rights that he or it may have to maintain any an action for partition of any of the Property. No Partner shall have any right to any specific assets of the Partnership upon the liquidation of, or any distribution from, the Partnership.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Bartram Holdings Inc), Limited Partnership Agreement (Gavella Corp)

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