Right to Convert if Reduction of Insurance. Notwithstanding the foregoing, the Managing General Partner shall notify all Participants at least 30 days before the effective date of any material adverse change in the Partnership’s insurance coverage. If the insurance coverage is to be materially reduced, then the Investor General Partners shall have the right to convert their Units into Limited Partner Units before the reduction by giving written notice to the Managing General Partner.
Appears in 9 contracts
Samples: Partnership Agreement (Atlas Resources Series 33-2013 L.P.), Certificate and Agreement (DGOC Series 18C LP), Certificate and Agreement (DGOC Series 18B LP)
Right to Convert if Reduction of Insurance. Notwithstanding the foregoing, the Managing General Partner shall notify all Participants at least 30 days before the effective date of any adverse material adverse change in the Partnership’s insurance coverage. If the insurance coverage is to be materially reduced, then the Investor Additional General Partners shall have the right to convert their Units into Limited Partner Units interests before the reduction by giving written notice to the Managing General Partner.
Appears in 6 contracts
Samples: Limited Partnership Agreement (Bayou City Exploration, Inc.), Limited Partnership Agreement (Bayou City Exploration, Inc.), Limited Partnership Agreement (Bayou City Exploration, Inc.)
Right to Convert if Reduction of Insurance. Notwithstanding the foregoing, the Managing General Partner shall notify all Participants at least 30 days before the effective date of any adverse material adverse change in the Partnership’s 's insurance coverage. If the insurance coverage is to be materially reduced, then the Investor General Partners shall have the right to convert their Units into Limited Partner Units before the reduction by giving written notice to the Managing General Partner.
Appears in 6 contracts
Samples: Certificate and Agreement (Atlas America Public #15-2005 Program), Certificate and Agreement (Atlas America Public #14-2004 L.P.), Limited Partnership Agreement (Atlas America Public 12 2003 Program)
Right to Convert if Reduction of Insurance. Notwithstanding the foregoing, the Managing General Partner shall notify all Participants at least 30 days before the effective date of any adverse material adverse change in the Partnership’s 's insurance coverage. If the insurance coverage is to be materially reduced, then the Investor Additional General Partners shall have the right to convert their Units into Limited Partner Units interests before the reduction by giving written notice to the Managing General Partner.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Bayou City Exploration, Inc.), Limited Partnership Agreement (Bayou City Exploration, Inc.), Limited Partnership Agreement (Bayou City Exploration, Inc.)
Right to Convert if Reduction of Insurance. Notwithstanding the foregoing, the Managing General Partner shall notify all Participants at least 30 days before the effective date of any adverse material adverse change in the Partnership’s insurance coverage. If the insurance coverage is to be materially reduced, then the Investor General Partners shall have the right to convert their Units into Limited Partner Units before the reduction by giving written notice to the Managing General Partner.
Appears in 3 contracts
Samples: Certificate and Agreement (Atlas America Public #14-2005 (A) LP), Certificate and Agreement (Atlas America Public #15-2005 Program), Certificate and Agreement (Atlas America Public #15-2005 (B) L.P.)
Right to Convert if Reduction of Insurance. Notwithstanding the foregoing, the Managing General Partner shall notify all Participants at least 30 days before the effective date of any adverse material adverse change in the Partnership’s 's insurance coverage. If the lithe insurance coverage is to be materially reduced, . then the Investor Additional General Partners shall have the right to convert their Units into Limited Partner Units interests before the reduction by giving written notice to the Managing General Partner.
Appears in 1 contract
Samples: Limited Partnership Agreement (Bayou City Exploration, Inc.)
Right to Convert if Reduction of Insurance. Notwithstanding the foregoing, the Managing General Partner shall notify all Participants at least 30 days before the effective date of any adverse material adverse change in the Partnership’s 's insurance coverage. If the insurance coverage is to be materially reduced, then the Investor General Partners shall have the right to convert their Units into Limited Partner Units interests before the reduction by giving written notice to the Managing General Partner.
Appears in 1 contract
Samples: Subscription Agreement (Atlas Energy for Nineties Public No 8 LTD)
