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.lB) and the Genexxx Partner promptly upon receipt of cash distributions from the NPI Partnership. Subject to Section 9.2B, Distributable Cash shall be distributed 99% to the Depositary (on behalf of the Unit Holders as a class) and 1% to the General Partner except that (i) any Distributable Cash attributable to the receipt by the NPI Partnership of investment income (as defined in the NPI Partnership Agreement) shall be distributed 100% to the Depositary (on behalf of the Unit Holders as a class) and, (ii) any Distributable Cash which is attributable to a return pursuant to Section 3.3 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 NPI Partnership pursuant to Section 3.4 of the NPI 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. Distributions to the Unit Holders shall be allocated to each Unit Holder pursuant to Section 5.

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.lB5.1B) and the Genexxx General Partner promptly upon receipt of cash distributions from the NPI Partnership. Subject to Section 9.2B, Distributable Cash shall be distributed 99% to the Depositary (on behalf of the Unit Holders as a class) and 1% to the General Partner except that (i) any Distributable Cash attributable to the receipt by the NPI Partnership of investment income (as defined in the NPI Partnership Agreement) shall be distributed 100% to the Depositary (on behalf of the Unit Holders as a class) and, (ii) any Distributable Cash which is attributable to a return pursuant to Section 3.3 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 NPI Partnership pursuant to Section 3.4 of the NPI 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. Distributions to the Unit Holders shall be allocated to each Unit Holder pursuant to Section 5.

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.lB5.1B) and the Genexxx General Partner promptly upon receipt of cash distributions from the NPI Partnership. Subject to Section 9.2B, Distributable Cash shall be distributed 99% to the Depositary (on behalf of the Unit Holders as a class) and 1% to the General Partner except that (i1) any Distributable Cash attributable to the receipt by the NPI Partnership of investment income (as defined in the NPI Partnership Agreement) shall be distributed 100% to the Depositary (on behalf of the Unit Holders as a class) and, (ii) any Distributable Cash which is attributable to a return pursuant to Section 3.3 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 NPI Partnership pursuant to Section 3.4 of the NPI 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. Distributions to the Unit Holders shall be allocated to each Unit Holder pursuant to Section 5.