Common use of Waiver of Rights to Partition Clause in Contracts

Waiver of Rights to Partition. Each Member irrevocably waives any right that he or she may have to maintain any action for partition with respect to property contributed to or acquired by the Company.

Appears in 4 contracts

Sources: Operating Agreement, Operating Agreement, Operating Agreement

Waiver of Rights to Partition. Each Member hereby irrevocably waives ----------------------------- during the term of the Company any right that it or he or she may have to maintain any action for partition with respect to property contributed to or acquired by the Companyany Company property.

Appears in 1 contract

Sources: Operating Agreement (Morrison Restaurants Inc/)