Common use of Waiver of Rights to Partition Clause in Contracts

Waiver of Rights to Partition. If permitted by the law of the state or states in which the property covered hereby is located, each party hereto 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.

Waiver of Rights to Partition. If permitted by the law laws of the state or states in which the property covered hereby is located, each party hereto owning an undivided interest in the Contract Area of Mutual Interest waives any and all rights it may have to partition and have set aside to it in severalty its undivided interest therein.