Prohibition Against Partition. Each Member hereby permanently waives and relinquishes any and all rights it may have to cause all or any part of the property of the LLC to be partitioned, it being the intention of the Members to prohibit any Member from bringing a suit for partition against the other Members, or any of them.
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Samples: Operating Agreement (Trump Communications LLC), Operating Agreement (Trump Communications LLC)
Prohibition Against Partition. Each Member hereby permanently waives and relinquishes any and all rights it he may have to cause all or any part of the property of the LLC to be partitioned, it being the intention of the Members to prohibit any Member from bringing a suit for partition against the other Members, or any of them.
Appears in 2 contracts
Samples: Operating Agreement (Manning & Napier, Inc.), Operating Agreement (Manning & Napier, Inc.)
Prohibition Against Partition. Each Member of the Members hereby permanently waives and relinquishes any and all rights it may have to cause all or any part of any real property owned by the Company, or any other property or assets of the LLC Company, to be partitioned, it being the intention of the Members to prohibit any Member from bringing a suit for partition against the other Members, or any of them.
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Prohibition Against Partition. Each Member Unitholder hereby permanently waives and relinquishes any and all rights it may have to cause all or any part of the property of the LLC Company to be partitioned, it being the intention of the Members Unitholders to prohibit any Member Unitholder from bringing a suit for partition against the other MembersUnitholder, or any one of them.
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Samples: Limited Liability Company Agreement (Hyde Park Acquisition CORP)
Prohibition Against Partition. Each Member of the Members hereby permanently waives and relinquishes any and all rights it may have to cause all or any part of the property or assets of the LLC LLC, to be partitioned, it being the intention of the Members to prohibit any Member from bringing a suit for partition against the other Members, or any of them.
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Prohibition Against Partition. Each Member hereby of the Members permanently waives and relinquishes any and all rights it may have to cause all or any part of the property or assets of the LLC Limited Liability Company to be partitioned, it being the intention of the Members to prohibit any Member from bringing a suit for partition against the other Members, or any of them.
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