Compensation of the General Partner. A. Except as provided in Articles Four and Five, the General Partner shall not, either in its capacity as General Partner or in its individual capacity, receive any salary, fees or profits from the Limited Partnership.
Appears in 14 contracts
Samples: Geodyne Institutional Pension Energy Income P-2 LTD Ptnship, Geodyne Energy Income LTD Partnership Ii-B, Geodyne Energy Income LTD Partnership Ii-B
Compensation of the General Partner. A. Except as provided in Articles Four and Five, the General Partner shall not, either in its capacity as General Partner or in its individual capacity, receive any salary, fees or profits from the Limited Partnership.
Appears in 2 contracts
Samples: Geodyne Energy Income LTD Partnership Iii-G, Geodyne Energy Income LTD Partnership Iii-G
Compensation of the General Partner. A. Except as provided in Articles Four and Five, the General Partner shall not, either in its capacity as General Partner or in its individual capacity, receive any salary, fees fees, or profits from the Limited Partnership.
Appears in 2 contracts
Samples: Geodyne Institutional Pension Energy Inc LTD Partnership P-7, Geodyne Institutional Pension Energy Inc LTD Partnership P-7
Compensation of the General Partner. A. Except as provided in Articles Four and Five, the The General Partner as general partner of the Partnership shall not, either not in its such capacity as General Partner or in its individual capacity, receive any salary, fees fees, profits or profits from distributions except for such allocations or distributions to which it may be entitled under Article Four, Article Five or Article Eight. Notwithstanding the Limited Partnershipforegoing, however, the Partnership shall reimburse the General Partner for the cost of providing any administrative or other services required or contemplated by this Agreement.
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Compensation of the General Partner. A. Except as provided in Articles Four and Five, the The General Partner shall not, either in its capacity as General Partner or in its individual capacity, receive any salary, fees fees, commissions, profits, distributions, or profits from the Limited Partnershipother compensation, except as provided or permitted by this Agreement.
Appears in 1 contract
Samples: Rc Cobb Inc