Common use of Waiver of Rights to Partition Clause in Contracts

Waiver of Rights to Partition. If permitted by the laws of the state of Nevada, each Party owning an undivided interest in the Contract Area waives any and all rights it may have to partition and have set aside to it in severalty its undivided interest therein.

Appears in 2 contracts

Sources: Operating Agreement (American Liberty Petroleum Corp.), Operating Agreement (American Liberty Petroleum Corp.)