Common use of Minimum Number of Units Clause in Contracts

Minimum Number of Units. The minimum number of Units shall equal at least 100 Units, but in any event not less than the number of Units that provides the Partnership with cash subscription proceeds of $2,000,000, excluding the subscription discounts permitted under §3.03(a)(1). If subscriptions for the minimum number of Units have not been received and accepted at the Offering Termination Date, then all monies deposited by subscribers shall be promptly returned to them. They shall receive interest earned on their subscription proceeds from the date the monies were deposited in escrow through the date of refund, without deduction for any fees. The Partnership may break escrow and begin its drilling activities, in the Managing General Partner’s sole discretion, on receipt and acceptance of the minimum subscription proceeds.

Minimum Number of Units. The minimum number of Units shall equal at least 100 200 Units, but in any event not less than the that number of Units that which provides the Partnership with cash subscription proceeds of $2,000,000, excluding the subscription discounts permitted under §3.03(a)(1). If subscriptions for the minimum number of Units have not been received and accepted at the Offering Termination Date, then all monies deposited by subscribers shall be promptly returned to them. They shall receive interest earned on their subscription proceeds from the date the monies were deposited in escrow through the date of refund, without deduction for any fees. The Partnership partnership may break escrow and begin its drilling activities, activities in the Managing General Partner’s sole discretion, discretion on receipt and acceptance of the minimum subscription proceeds.

Minimum Number of Units. The minimum number of Units shall equal at least 100 200 Units, but in any event not less than the number of Units that provides the Partnership with cash subscription proceeds of $2,000,000, excluding the subscription discounts permitted under §3.03(a)(1). If subscriptions for the minimum number of Units have not been received and accepted at the Offering Termination Date, then all monies deposited by subscribers shall be promptly returned to them. They shall receive interest earned on their subscription proceeds from the date the monies were deposited in escrow through the date of refund, without deduction for any fees. The Partnership partnership may break escrow and begin its drilling activities, in the Managing General Partner’s sole discretion, on receipt and acceptance of the minimum subscription proceeds.

Minimum Number of Units. The minimum number of Units shall equal at least 100 200 Units, but in any event not less than the number of Units that provides the Partnership with cash subscription proceeds of $2,000,000, excluding the subscription discounts permitted under §3.03(a)(1). If subscriptions for the minimum number of Units have not been received and accepted at the Offering Termination Date, then all monies deposited by subscribers shall be promptly returned to them. They shall receive interest earned on their subscription proceeds from the date the monies were deposited in escrow through the date of refund, refund without deduction for any fees. The Partnership partnership may break escrow and begin its drilling activities, activities in the Managing General Partner’s sole discretion, on receipt and acceptance of the minimum subscription proceeds.

Minimum Number of Units. The minimum number of Units shall equal at least 100 200 Units, but in any event not less than the that number of Units that which provides the Partnership with cash subscription proceeds of $2,000,000, excluding the subscription discounts permitted under §3.03(a)(1). If subscriptions for at the Offering Termination Date the minimum number of Units have has not been received and accepted at the Offering Termination Dateaccepted, then all monies deposited by subscribers shall be promptly returned to them. They shall receive interest earned on their subscription proceeds from the date the monies were deposited in escrow through the date of refund, without deduction for any fees. The Partnership partnership may break escrow and begin its drilling activities, activities in the Managing General Partner’s sole discretion, discretion on receipt and acceptance of the minimum subscription proceeds.

Minimum Number of Units. The minimum number of Units shall equal at least 100 200 Units, but in any event not less than the number of Units that provides the Partnership with cash subscription proceeds of $2,000,000, excluding the subscription discounts permitted under §3.03(a)(1). If subscriptions for the minimum number of Units have not been received and accepted at the Offering Termination Date, then all monies deposited by subscribers shall be promptly returned to them. They shall receive interest earned on their subscription proceeds from the date the monies were deposited in escrow through the date of refund, refund without deduction for any fees. The Partnership may break escrow and begin its drilling activities, activities in the Managing General Partner’s sole discretion, on receipt and acceptance of the minimum subscription proceeds.