Common use of No Right of Partition Clause in Contracts

No Right of Partition. No Equityholder shall have the right to seek or obtain partition by court decree or operation of law of any the Company property, or the right to own or use particular or individual assets of the Company.

Appears in 2 contracts

Sources: Limited Liability Company Agreement, Limited Liability Company Agreement

No Right of Partition. No Equityholder Holder shall have the right to seek or obtain partition by court decree or operation of law of any the Company property, or the right to own or use particular or individual assets of the Company.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Heartland Technology Inc)

No Right of Partition. No Equityholder Interest Holder shall have the right to seek or obtain partition by court decree or operation of law of any the Company property, or the right to own or use particular or individual assets of the Company.

Appears in 1 contract

Sources: Operating Agreement

No Right of Partition. No Equityholder current or former Equity Owner shall have the right to seek or obtain partition by court decree or operation of law of any the Company property, or the right to own or use particular or individual assets of the Company.

Appears in 1 contract

Sources: Limited Liability Company Agreement (PetIQ, Inc.)