Common use of Waiver of Partition Right Clause in Contracts

Waiver of Partition Right. Each Member waives and renounces any right that such Person may have prior to Dissolution and Liquidation to institute or maintain any action for partition with respect to any real property owned by the Company.

Appears in 12 contracts

Samples: Operating Agreement (Nevada Gold & Casinos Inc), Operating Agreement (Nevada Gold & Casinos Inc), Operating Agreement (Trackpower Inc)

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Waiver of Partition Right. Each Member hereby waives and renounces any right that such Person may it might otherwise have prior to Dissolution and Liquidation to institute or maintain any action for partition with respect to any real property owned held by the Company.

Appears in 8 contracts

Samples: Operating Agreement (Gci Inc), Operating Agreement (General Communication Inc), Operating Agreement (Liberty Media Corp /De/)

Waiver of Partition Right. Each Member waives and renounces any right that such Person it may have prior to Dissolution and Liquidation to institute or maintain any action for partition with respect to any real property owned held by the Company.

Appears in 6 contracts

Samples: Operating Agreement, Operating Agreement (Campus Crest Communities, Inc.), Operating Agreement (Campus Crest Communities, Inc.)

Waiver of Partition Right. Each Member waives and renounces any right that such Person it may have prior to Dissolution and Liquidation to institute or maintain any action for partition with respect to any real property owned by of the Company.

Appears in 3 contracts

Samples: Operating Agreement (Bluefly Inc), Operating Agreement (Siebert Financial Corp), Operating Agreement (Careinsite Inc)

Waiver of Partition Right. Each Member waives and renounces any right that such Person it may have prior to Dissolution and Liquidation to institute or maintain any action for partition with respect to any real property owned held by the Company.

Appears in 3 contracts

Samples: Operating Agreement (Gci Inc), Operating Agreement (Alaska Communications Systems Group Inc), Asset Purchase and Contribution Agreement (Gci Inc)

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Waiver of Partition Right. Each Member hereby waives and renounces any right to partition or the right to take any other action that might otherwise be available to such Person may have prior to Dissolution Member for the purpose of severing such Member’s relationship with the Company or such Member’s interest in the assets and Liquidation to institute or maintain any action for partition with respect to any real property owned properties held by the Company from the interest of the other Members until the dissolution of the Company.

Appears in 2 contracts

Samples: Operating Agreement (MGM Mirage), Operating Agreement (MGM Mirage)

Waiver of Partition Right. Each Member and Assignee waives and renounces any right that such Person may have prior to Dissolution dissolution and Liquidation liquidation to institute or maintain any action for partition with respect to any real property owned by the Company.

Appears in 1 contract

Samples: Operating Agreement

Waiver of Partition Right. Each Member waives and renounces any right that ------------------------- such Person may have prior to Dissolution and Liquidation to institute or maintain any action for partition with respect to any real property owned by the Company.

Appears in 1 contract

Samples: Operating Agreement (Isle of Capri Black Hawk Capital Corp)

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