Common use of Right of Presentment Clause in Contracts

Right of Presentment. During the first calendar quarter of each of the years 2010 through 2015, an Investor Partner (other than the Managing Partner or an Affiliate thereof) may request in writing that the Managing Partner repurchase all, but not less than all, of his Interests (the “Right of Presentment”). The repurchase price to be paid upon any repurchase of an Investor Partner’s Interests will be the pro rata share represented by his Interests of:

Appears in 2 contracts

Samples: Mewbourne Energy Partners 07-A, L.P., Mewbourne Energy Partners 08-a Lp

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Right of Presentment. During the first calendar quarter of each of the years 2010 2013 through 20152018, an Investor Partner (other than the Managing Partner or an Affiliate thereof) may request in writing that the Managing Partner repurchase all, but not less than all, of his Interests (the “Right of Presentment”). The repurchase price to be paid upon any repurchase of an Investor Partner’s Interests will be the pro rata share represented by his Interests of:

Appears in 1 contract

Samples: Mewbourne Energy Partners 09-A, L.P.

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Right of Presentment. During the first calendar quarter of each of the years 2010 2014 through 20152019, an Investor Partner (other than the Managing Partner or an Affiliate thereof) may request in writing that the Managing Partner repurchase all, but not less than all, of his Interests (the “Right of Presentment”). The repurchase price to be paid upon any repurchase of an Investor Partner’s Interests will be the pro rata share represented by his Interests of:

Appears in 1 contract

Samples: Mewbourne Energy Partners 10-A, L.P.

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