Common use of Waiver of Right to Partition Clause in Contracts

Waiver of Right to Partition. 8.1 The Participants accept title to their respective interests in the San Xxxx Project, water rights, lands, land rights and improvements thereon as tenants in common, and agree that their interests therein shall be held in such tenancy in common for the duration of the term of this Agreement, including any extensions thereof. While this Agreement, including any extensions thereof, remains in force and effect, each Participant agrees as follows: 8.1.1 That it hereby waives the right to partition the San Xxxx Project, water rights, lands, land rights or the improvements built thereon (whether by partitionment in kind or by sale and division of the proceeds thereof), and 8.1.2 That it will not resort to any action at law or in equity to partition (in either such manner) the San Xxxx Project, water rights, lands, land rights or the improvements built thereon and waives the benefits of all laws that may now or hereafter authorize such partition.