Common use of Waiver of Partition Clause in Contracts

Waiver of Partition. The Members hereby waive any right of partition or any right to take any other action that otherwise might be available to them for the purpose of severing their interest in the assets held by the Company from the interest of the other Members.

Appears in 27 contracts

Samples: Limited Liability Company Operating Agreement (Neighborhoods Capital, LLC), Limited Liability Company Operating Agreement (Stanley-Martin Communities, LLC), Limited Liability Company Operating Agreement (Stanley-Martin Communities, LLC)

AutoNDA by SimpleDocs

Waiver of Partition. The Members hereby waive any right of partition or any right to take any other action that which otherwise might be available to them for the purpose of severing their relationship with the Company or their interest in the assets held by the Company from the interest of the other Members.

Appears in 18 contracts

Samples: Limited Liability Company Agreement (Generation Income Properties, Inc.), Operating Agreement (Mack Cali Realty L P), Operating Agreement (Mack Cali Realty L P)

Waiver of Partition. The Members hereby waive any right of partition or any right to take any other action that otherwise might be available to them for the purpose of severing their relationship with the Company or their interest in the assets held by the Company from the interest of the other Members.

Appears in 4 contracts

Samples: Operating Agreement (Carrabba's/Colorado-I, Limited Partnership), Operating Agreement (Ryland Group Inc), Operating Agreement (Delphi Corp)

Waiver of Partition. The Members hereby waive any right of partition as to the Company's property or any right to take any other action that which otherwise might be available to them for the purpose of severing their interest relationship in the assets held by the connection with Company from the interest of the other Membersproperty.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Imax Corp), Limited Liability Company Agreement (Imax Corp)

Waiver of Partition. The Members Each Member does hereby waive any right of to partition or any the right to take any other action that which might otherwise might be available to them such party for the purpose of severing their its relationship with the Company or such Member’s interest in the assets held by the Company from the interest interests of other Members until the end of the other Membersterm of both this Company and any successor company formed pursuant to the terms hereof.

Appears in 2 contracts

Samples: Operating Agreement (Medcath Corp), Operating Agreement (Medcath Corp)

Waiver of Partition. The Members hereby waive any ------------------- right of partition or any right to take any other action that otherwise might be available to them for the purpose of severing their relationship with the Company or interest in the assets held by the Company from the interest of the other Members, except to the extent consistent with Article XIV and XV and Section 19.15 hereof.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Apogee Enterprises Inc)

AutoNDA by SimpleDocs

Waiver of Partition. The Members Each Member hereby waive waivers any right of partition or any right to take any other action that which otherwise might be available to them it or for the purpose of severing their interest its relationship with the Company or its interests in the assets held by the Company from the interest interests of the other Members, except as provided in this Agreement.

Appears in 1 contract

Samples: Operating Agreement (American Diversified Energy LLC)

Waiver of Partition. The Members hereby waive any right of partition or any right to take any other action that otherwise might be available to them for the purpose of severing their relationship with the Company or their interest in the assets held by the Company from the interest of the other Members.

Appears in 1 contract

Samples: Operating Agreement (Clarksburg Skylark, LLC)

Waiver of Partition. The Members hereby waive any right of partition as to the Company's property or any right to take any other action that otherwise might be available to them for the purpose of severing their interest relationship in the assets held by the connection with Company from the interest of the other Membersproperty.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Imax Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.