Common use of Waiver of Partition Clause in Contracts

Waiver of Partition. No Partner nor any successor-in-interest to a Partner shall have the right while this Agreement remains in effect to have any property of the Partnership partitioned, or to file a complaint or institute any proceeding at law or in equity to have such property of the Partnership partitioned, and each Partner, on behalf of itself and its successors and assigns hereby waives any such right. It is the intention of the Partners that the rights of the parties hereto and their successors-in-interest to Partnership property, as among themselves, shall be governed by the terms of this Agreement, and that the rights of the Partners and their respective successors-in-interest shall be subject to the limitations and restrictions as set forth in this Agreement.

Waiver of Partition. No Partner nor or any successor-in-interest to a any Partner shall have the right right, while this Agreement remains in effect effect, (i) to have any the property of the Partnership Partnership, or any portion thereof, partitioned, or (ii) to file a complaint or institute any proceeding at law or in equity to have any such property of the Partnership partitioned, and each Partner, on behalf of itself for itself, its successors, representatives, heirs and its successors and assigns assigns, hereby waives any such rightright to the fullest extent permitted by applicable law. It is The Partners intend that during the intention term of the Partners that this Agreement, the rights of the parties hereto Partners and their successors-in-interest to Partnership propertyinterest, as among themselves, shall be governed by the terms of this Agreement, and that the rights right of the Partners and their respective successorsany Partner or any successor-in-interest to such Partner to transfer such Partner's interest in any such property shall be subject to the limitations and restrictions as set forth in of this Agreement.

Waiver of Partition. No Partner nor any and no successor-in-interest to a Partner shall have the right while this Agreement remains in effect to have any Partnership property of the Partnership partitioned, or to file a complaint or institute any proceeding at law or in equity to have such property of the Partnership partitioned, and each Partner, on behalf of itself and its successors and assigns hereby irrevocably waives any such right. It is the intention of the Partners that the rights of the parties hereto and their successors-in-interest to Partnership property, as among themselves, shall be governed by the terms of this Agreement, and that the rights of the Partners and their respective successors-in-interest shall be subject to the limitations and restrictions as set forth in this Agreement.

Waiver of Partition. No Partner nor or any successor-in-interest to a any Partner shall have the right right, while this Agreement remains in effect effect, (i) to have any the property of the Partnership Partnership, or any portion thereof, partitioned, or (ii) to file a complaint or institute any proceeding at law or in equity to have any such property of the Partnership partitioned, and each Partner, on behalf of itself for itself, its successors, representatives, heirs and its successors and assigns assigns, hereby waives any such rightright to the fullest extent permitted by applicable law. It is The Partners intend that during the intention term of the Partners that this Agreement, the rights of the parties hereto Partners and their successors-in-interest to Partnership propertyinterest, as among themselves, shall be governed by the terms of this Agreement, and that the rights right of the Partners and their respective successorsany Partner or any successor-in-interest to such Partner to transfer such Partner's interest in any such property shall be subject to the limitations and restrictions as set forth in of this Agreement.