Common use of Prohibition Against Partition Clause in Contracts

Prohibition Against Partition. Each Member irrevocably waives any and all rights the Member may have to maintain an action for partition with respect to any property of the Company.

Appears in 7 contracts

Samples: Guaranty Agreement (NRG Yield, Inc.), Guaranty Agreement, Operating Agreement (Liquidmetal Technologies Inc)

AutoNDA by SimpleDocs

Prohibition Against Partition. Each Member hereby irrevocably waives any and all rights the that Member may have to commence or maintain an action for partition with respect to any property of the Company’s property.

Appears in 1 contract

Samples: Operating Agreement (Banyan Corp /Or/)

AutoNDA by SimpleDocs

Prohibition Against Partition. Each Member irrevocably waives any and all rights the Member may have to maintain an action for partition with respect to any property of the Company or any Subsidiary of the Company.

Appears in 1 contract

Samples: Operating Agreement (HMG Courtland Properties Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!