Common use of Waiver of Right of Partition Clause in Contracts

Waiver of Right of Partition. Each of the Partners does hereby agree to and does hereby waive any right it may have to cause the Partnership’s property to be partitioned or divided among the Partners, or to file a complaint or institute any proceeding at law or in equity to cause the Partnership’s property to be partitioned or otherwise divided among the Partners.

Appears in 2 contracts

Samples: Limited Partnership Agreement (HTS-Sunset Harbor Partner, L.L.C.), Limited Partnership Agreement (HTS-Sunset Harbor Partner, L.L.C.)

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Waiver of Right of Partition. Each of the Partners does hereby agree waives and agrees not to and does hereby waive exercise during the term of this Agreement any right he, she or it may have to cause the Partnership’s 's property to be partitioned or divided among the Partners, Partners or to file a complaint or institute any proceeding at law or in equity to cause the Partnership’s 's property to be partitioned or otherwise divided among the Partners.

Appears in 1 contract

Samples: Limited Partnership Agreement (Minotto Partners Lp)

Waiver of Right of Partition. Each of the Partners does hereby agree to and does hereby waive any right it may have to cause any property or assets of the Partnership’s property Joint Venture, or any part thereof or interest therein, to be partitioned or divided among the Partners, or to file a complaint or to institute any proceeding at law or in equity seeking to cause the Partnership’s have any such property to be partitioned or otherwise divided among the Partnersasset partitioned.

Appears in 1 contract

Samples: Joint Venture Agreement (Mandalay Resort Group)

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Waiver of Right of Partition. Each of the Partners does hereby agree to and does hereby waive any right it such Partner may otherwise have to cause any asset of the Partnership’s property Partnership to be partitioned or divided among the Partners, Partners or to file a any complaint or to institute any proceeding at law or in equity seeking to cause the Partnership’s property to be partitioned or otherwise divided among the Partnershave any such assets partitioned.

Appears in 1 contract

Samples: Limited Partnership Agreement (Silverstein Barry)

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