Common use of Admission of Participants Clause in Contracts

Admission of Participants. No action or consent by the Participants shall be required for the admission of additional Participants pursuant to this Agreement. All subscribers’ funds shall be held in an interest bearing account or accounts by an independent escrow holder and shall not be released to the Partnership until the receipt and acceptance of the minimum amount of subscription proceeds set forth in §3.03(c)(2). Thereafter, subscriptions may be paid directly to the Partnership account.

Appears in 6 contracts

Samples: Limited Partnership Agreement (DGOC Series 18B LP), Limited Partnership Agreement (Atlas Resources Public #17-2008 (B) L.P.), Limited Partnership Agreement (Atlas America Series 27-2006 LP)

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Admission of Participants. No action or consent by the Participants shall be required for the admission of additional Participants pursuant to this Agreement. All subscribers’ funds shall be held in an interest bearing account or accounts by an independent escrow holder and shall not be released to the Partnership until the receipt and acceptance of the minimum amount of subscription proceeds set forth in §3.03(c)(2). Thereafter, subscriptions may be paid directly to the a Partnership account.

Appears in 5 contracts

Samples: Partnership Agreement (Atlas Resources Series 33-2013 L.P.), Limited Partnership Agreement (DGOC Series 18C LP), Limited Partnership Agreement (DGOC Series 28, L.P.)

Admission of Participants. No action or consent by the Participants shall be required for the admission of additional Participants pursuant to this Agreement. All subscribers' funds shall be held in an interest bearing account or accounts by an independent interest bearing escrow holder and shall not be released to the Partnership until the receipt and acceptance of the minimum amount of subscription proceeds set forth in §3.03(c)(2ss.3.03(c)(2). Thereafter, subscriptions may be paid directly to the Partnership account. 3.03. Subscriptions to the Partnership.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Atlas America Public 11-2002 LTD), Limited Partnership Agreement (Atlas America Public 12 2003 Program)

Admission of Participants. No action or consent by the Participants shall be required for the admission of additional Participants pursuant to this Agreement. All subscribers' funds shall be held in an interest bearing account or accounts by an independent interest bearing escrow holder and shall not be released to the Partnership until the receipt and acceptance of the minimum amount of subscription proceeds set forth in §Section 3.03(c)(2). Thereafter, subscriptions may be paid directly to the Partnership account.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Atlas America Series 25-2004 a L P), Limited Partnership Agreement (Atlas America Series 25-2004 B Lp)

Admission of Participants. No action or consent by the Participants shall be required for the admission of additional Participants pursuant to this Agreement. All subscribers’ funds shall be held in an interest bearing account or accounts by an independent interest bearing escrow holder and shall not be released to the Partnership until the receipt and acceptance of the minimum amount of subscription proceeds set forth in §3.03(c)(2). Thereafter, subscriptions may be paid directly to the Partnership account.

Appears in 1 contract

Samples: Limited Partnership Agreement (Atlas America Public #14-2005 (A) LP)

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Admission of Participants. No action or consent by the Participants shall be required for the admission of additional Participants pursuant to this Agreement. All subscribers' funds shall be held in an interest interest-bearing account or accounts by an independent escrow holder and shall not be released to the Partnership until the receipt and acceptance of the minimum amount of subscription proceeds set forth in §3.03(c)(2ss.3.03(c)(2). Thereafter, subscriptions may be paid directly to the Partnership account.

Appears in 1 contract

Samples: Limited Partnership Agreement (Atlas America Public #15-2005 Program)

Admission of Participants. No action or consent by the Participants shall be required for the admission of additional Participants pursuant to this Agreement. All subscribers' funds shall be held in an interest bearing account or accounts by an independent interest bearing escrow holder and shall not be released to the Partnership until the receipt and acceptance of the minimum amount of subscription proceeds set forth Partnership Subscription in §Section 3.03(c)(2). Thereafter, subscriptions may be paid directly to the Partnership account.

Appears in 1 contract

Samples: Limited Partnership Agreement (Atlas Energy for Nineties Public No 8 LTD)

Admission of Participants. No action or consent by the Participants shall be required for the admission of additional Participants pursuant to this Agreement. All subscribers' funds shall be held in an interest bearing account or accounts by an independent interest bearing escrow holder and shall not be released to the Partnership until the receipt and acceptance of the minimum amount of subscription proceeds set forth in §3.03(c)(2ss.3.03(c)(2). Thereafter, subscriptions may be paid directly to the Partnership account.

Appears in 1 contract

Samples: Limited Partnership Agreement (Atlas America Public #14-2004 L.P.)

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