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Message: WHY MMP licenses are treated as a NON material event
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"3) dissolve the PDS partnership, and go about licensing the MMP independently as a partial owner, a right we would have, as would TPL."

Kind of correct. In the absence of an agreement to allow unilaterally filed lawsuits, a single co-owner can't sue a third party for infringement without the other co-owner(s) voluntarily joining the suit.

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