Common use of Distributions of Limited Partnership Funds Clause in Contracts

Distributions of Limited Partnership Funds. A. The Distributable Cash of the Limited Partnership shall be distributed simultaneously to the Unit Holders for the account of the Depositary (either directly to such Unit Holders or as they shall direct by their notice to the General Partner pursuant to the reinvestment option set forth in Section 5.1B) and the General Partner promptly upon receipt of cash distributions from the Production Partnership. Each Unit Holder's or Partner's share of each such distribution shall be determined after giving effect to the allocations set forth in Sections 5.2 and 5.3, except that (i) any Distributable Cash attributable to the receipt by the Production Partnership of investment income (as defined in the Production Partnership Agreement) shall be distributed 100% to the Unit Holders and, (ii) any Distributable Cash which is attributable to a return pursuant to Section 3.4 shall be distributed entirely to those Persons (other than corporate affiliates of Geodyne Resources, Inc. or the Dealer Manager or any purchasers of Depositary Units therefrom with respect to the distribution of cash contributed by the Managing Partner to the Production Partnership pursuant to Section 3.4 of the Production Partnership Agreement or to the Limited Partnership by the General Partner pursuant to Section 3.4 of this Agreement) who are, at the time of the distribution, Unit Holders. All distributions of Distributable Cash shall reduce dollar-for-dollar the balances of the Partners' and Unit Holders' Capital Accounts.

Distributions of Limited Partnership Funds. A. The Distributable Cash of the Limited Partnership shall be distributed simultaneously to the Unit Holders for the account of the Depositary Limited Partners (either directly to such Unit Holders Limited Partners or as they shall direct by their notice to the General Partner Partners pursuant to the reinvestment option set forth in Section 5.1B5.lB of this Agreement) and the xxx General Partner Partners promptly upon receipt of cash distributions from the Production Partnership. Each Unit Holder's or Partner's share of each such distribution shall be determined after giving effect to the allocations set forth in Sections 5.2 and 5.35.3 of this Agreement, except that (i) any Distributable Cash attributable to the receipt by the Production Partnership of investment income (as defined in the Production Partnership Agreement) shall be distributed 100% to the Unit Holders Limited Partners and, (ii) any Distributable Cash which is attributable to a return pursuant to Section 3.4 shall be distributed entirely to those Persons Limited Partners (other than corporate affiliates of Geodyne Resources, Inc. or the Dealer Manager or any purchasers of Depositary Units therefrom with respect to the distribution of cash contributed by the Managing Partner Partners to the Production Partnership pursuant to Section 3.4 of the Production Partnership Agreement or to the Limited Partnership by the General Partner Partners pursuant to Section 3.4 of this Agreement3.4) who are, at the time of the distribution, Unit HoldersLimited Partners. All distributions of Distributable Cash shall reduce dollar-for-dollar the balances of the Partners' and Unit Holders' Capital Accounts.

Distributions of Limited Partnership Funds. A. The Distributable Cash of the Limited Partnership shall be distributed simultaneously to the Unit Holders for the account of the Depositary Limited Partners (either directly to such Unit Holders Limited Partners or as they shall direct by their notice to the General Partner Partners pursuant to the reinvestment option set forth in Section 5.1B5.lB of this Agreement) and the xxx General Partner Partners promptly upon receipt of cash distributions from the Production Partnership. Each Unit Holder's or Partner's share of each such distribution shall be determined after giving effect to the allocations set forth in Sections 5.2 and 5.35.3 of this Agreement, except that (i) any Distributable Cash attributable to the receipt by the Production Partnership of investment income (as defined in the Production Partnership Agreement) shall be distributed 100% to the Unit Holders Limited Partners and, (ii) any Distributable Cash which is attributable to a return pursuant to Section 3.4 shall be distributed entirely to those Persons Limited Partners (other than corporate affiliates of Geodyne Resources, Inc. or the Dealer Manager or any purchasers of Depositary Units therefrom with respect to the distribution of cash contributed by the Managing Partner Partners to the Production Partnership pursuant to Section 3.4 of the Production Partnership Agreement or to the Limited Partnership by the General Partner Partners pursuant to Section 3.4 of this Agreement) who are, at the time of the distribution, Unit Holders. All distributions of Distributable Cash shall reduce dollar-for-dollar the balances of the Partners' and Unit Holders' Capital Accounts.Section

Distributions of Limited Partnership Funds. A. The Distributable Cash of the Limited Partnership shall be distributed simultaneously to the Unit Holders for the account of the Depositary (either directly to such Unit Holders or as they shall direct by their notice to the General Partner pursuant to the reinvestment option set forth in Section 5.1B) and the General Partner promptly upon receipt of cash distributions from the Production Partnership. Each Unit Holder's or Partner's share of each such distribution shall be determined after giving effect to the allocations set forth in Sections 5.2 and 5.3, except that (i) any Distributable Cash attributable to the receipt by the Production Partnership of investment income (as defined in the Production Partnership Agreement) shall be distributed 100% to the Unit Holders and, (ii) any Distributable Cash which is attributable to a return pursuant to Section 3.4 shall be distributed entirely to those Persons (other than corporate affiliates of Geodyne Resources, Inc. or the Dealer Manager or any purchasers of Depositary Units therefrom with respect to the distribution of cash contributed by the Managing Partner to the Production Partnership pursuant to Section 3.4 of the Production Partnership Agreement or to the Limited Partnership by the General Partner pursuant to Section 3.4 of this Agreement) who are, at the time of the distribution, Unit Holders. All distributions of Distributable Cash shall reduce dollar-for-dollar the balances of the Partners' and Unit Holders' Capital Accounts.Section

Distributions of Limited Partnership Funds. A. The Distributable Cash of the Limited Partnership shall be distributed simultaneously to the Unit Holders for the account of the Depositary (either directly to such Unit Holders or as they shall direct by their notice to the General Partner pursuant to the reinvestment option set forth in Section 5.1B5.lB) and the xxx General Partner promptly upon receipt of cash distributions from the Production Partnership. Each Unit Holder's or Partner's share of each such distribution shall be determined after giving effect to the allocations set forth in Sections 5.2 and 5.3, except that (i) any Distributable Cash attributable to the receipt by the Production Partnership of investment income (as defined in the Production Partnership Agreement) shall be distributed 100% to the Unit Holders and, (ii) any Distributable Cash which is attributable to a return pursuant to Section 3.4 shall be distributed entirely to those Persons (other than corporate affiliates of Geodyne Resources, Inc. or the Dealer Manager or any purchasers of Depositary Units therefrom with respect to the distribution of cash contributed by the Managing Partner to the Production Partnership pursuant to Section 3.4 of the Production Partnership Agreement or to the Limited Partnership by the General Partner pursuant to Section 3.4 of this Agreement) who are, at the time of the distribution, Unit Holders. All distributions of Distributable Cash shall reduce dollar-for-dollar the balances of the Partners' and Unit Holders' Capital Accounts.

Distributions of Limited Partnership Funds. A. The Distributable Cash of the Limited Partnership shall be distributed simultaneously to the Unit Holders for the account of the Depositary (either directly to such Unit Holders or as they shall direct by their notice to the General Partner pursuant to the reinvestment option set forth in Section 5.1B5.lB) and the xxx General Partner promptly upon receipt of cash distributions from formic the Production Partnership. Each Unit Holder's or Partner's share of each such distribution shall be determined after giving effect to the allocations set forth in Sections 5.2 and 5.3, except that (i) any Distributable Cash attributable to the receipt by the Production Partnership of investment income (as defined in the Production Partnership Agreement) shall be distributed 100% to the Unit Holders and, (ii) any Distributable Cash which is attributable to a return pursuant to Section 3.4 shall be distributed entirely to those Persons (other than corporate affiliates of Geodyne Resources, Inc. or the Dealer Manager or any purchasers of Depositary Units therefrom with respect to the distribution of cash contributed by the Managing Partner to the Production Partnership pursuant to Section 3.4 of the Production Partnership Agreement or to the Limited Partnership by the General Partner pursuant to Section 3.4 of this Agreement) who are, at the time of the distribution, Unit Holders. All distributions of Distributable Cash shall reduce dollar-for-dollar the balances of the Partners' and Unit Holders' Capital Accounts.