Default Provisions. The failure of an Investor General Partner to timely make a required additional Capital Contribution under this section results in his personal liability to the other Investor General Partners for the amount in default. The remaining Investor General Partners, in proportion to their respective number of Units, must pay the defaulting Investor General Partner’s share of Partnership liabilities and obligations called for by the Managing General Partner. In that event, the remaining Investor General Partners:
Appears in 10 contracts
Samples: Partnership Agreement (Atlas Resources Series 33-2013 L.P.), Certificate and Agreement (DGOC Series 18C LP), Certificate and Agreement (DGOC Series 28, L.P.)
Default Provisions. The failure of an Investor General Partner to timely make a required additional Capital Contribution under this section results in his personal liability to the other Investor General Partners for the amount in default. The remaining Investor General Partners, in proportion to their respective number of Units, must pay the defaulting Investor General Partner’s 's share of Partnership liabilities and obligations called for by the Managing General Partnerobligations. In that event, the remaining Investor General Partners:
Appears in 4 contracts
Samples: Certificate and Agreement (Atlas America Public #14-2004 L.P.), Certificate and Agreement (Atlas America Public #15-2005 Program), Certificate and Agreement (Atlas America Series 25-2004 a L P)
Default Provisions. The failure of an Investor General Partner to timely make a required additional Capital Contribution under this section results in his personal liability to the other Investor General Partners for the amount in default. The remaining Investor General Partners, in proportion to their respective number of Unitspro rata, must pay the defaulting Investor General Partner’s 's share of Partnership liabilities and obligations called for by the Managing General Partnerobligations. In that event, the remaining Investor General Partners:
Appears in 2 contracts
Samples: Limited Partnership Agreement (Atlas America Public 12 2003 Program), Escrow Agreement (Atlas America Public 11-2002 LTD)
Default Provisions. The failure of an Investor General Partner to timely make a required additional Capital Contribution under this section results in his personal liability to the other Investor General Partners for the amount in default. The remaining Investor General Partners, in proportion to their respective number of Units, must pay the defaulting Investor General Partner’s share of Partnership liabilities and obligations called for by the Managing General Partnerobligations. In that event, the remaining Investor General Partners:
Appears in 1 contract
Samples: Certificate and Agreement (Atlas America Public #14-2005 (A) LP)
Default Provisions. The failure of an Investor General Partner to timely make a required additional Capital Contribution under pursuant to this section results in his personal liability to the other Investor General Partners for the amount in default. The remaining Investor General Partners, in proportion to their respective number of Unitspro rata, must pay the defaulting Investor General Partner’s 's share of Partnership liabilities and obligations called for by the Managing General Partnerobligations. In that event, the remaining Investor General Partners:
Appears in 1 contract
Samples: Subscription Agreement (Atlas Energy for Nineties Public No 8 LTD)
Default Provisions. The failure of an Investor General Partner to timely make a required additional Capital Contribution under this section results in his personal liability to the other Investor General Partners for the amount in default. The remaining Investor General Partners, in proportion to their respective number of Units, must pay the defaulting Investor General Partner’s share of Partnership liabilities and obligations called for by the Managing General Partner. , In that event, the remaining Investor General Partners:
Appears in 1 contract
