No Partitions or Withdrawal from Partnership. No Partner shall have the right to have any property of the Partnership or of any Property Entity or any portion thereof partitioned, and each Partner on its own behalf, and on behalf of its successors, representatives, heirs and assigns, hereby expressly waives any such right. No Partner shall have the right to withdraw from the Partnership, except pursuant to the procedures specified herein with respect to Transfers or other events giving rise to the right of a Partner to purchase an Interest.
Appears in 2 contracts
Sources: Limited Partnership Agreement (Phillips Edison - ARC Shopping Center REIT Inc.), Limited Partnership Agreement (Phillips Edison - ARC Shopping Center REIT Inc.)