Common use of Rights of Members Clause in Contracts

Rights of Members. (a) Each Member irrevocably waives any right that it may have to maintain an action for partition with respect to the property of the Company.

Appears in 106 contracts

Samples: Limited Liability Company Agreement (Kodiak Gas Services, Inc.), Limited Liability Company Agreement (Hagerty, Inc.), Agreement and Plan of Merger (Kodiak Gas Services, Inc.)

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Rights of Members. (a) a. Each Member irrevocably waives any right that it may have to maintain an action for partition with respect to the property of the Company.

Appears in 3 contracts

Samples: Registration Rights Agreement (Earthstone Energy Inc), Limited Liability Company Agreement (Earthstone Energy Inc), Contribution Agreement (Earthstone Energy Inc)

Rights of Members. (a) i. Each Member irrevocably waives any right that it may have to maintain an action for partition with respect to the property of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Stronghold Digital Mining, Inc.), Limited Liability Company Agreement (Stronghold Digital Mining, Inc.)

Rights of Members. (a) Each To the maximum extent permitted by law, each Member irrevocably waives any right that it may have to maintain an action for partition with respect to the property of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (LandBridge Co LLC), Limited Liability Company Agreement (LandBridge Co LLC)

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Rights of Members. (a) Each Member irrevocably waives any right that it may have to maintain an action for partition with respect to the property of the Company. (b) Except as otherwise provided in this Agreement, (i) each Member shall look solely to the assets of the Company for the return of its Capital Contributions, and (ii) no Member shall have priority over any other Member as to the return of its Capital Contributions, distributions or allocations.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Aris Water Solutions, Inc.), Limited Liability Company Agreement (New Fortress Energy LLC)

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