Right to Voluntarily Withdraw. At any time beginning 10 years after the Offering Termination Date and the Partnership’s primary drilling activities, the Managing General Partner may voluntarily withdraw as Managing General Partner on giving 120 days’ written notice of withdrawal to the Participants. If the Managing General Partner withdraws, then the following conditions shall apply:
Appears in 3 contracts
Samples: Certificate and Agreement (DGOC Series 28, L.P.), Certificate and Agreement (DGOC Series 28, L.P.), Certificate and Agreement (Atlas Resources Public #16-2007 (A) L.P.)
Right to Voluntarily Withdraw. At any time beginning 10 years after the Offering Termination Date and the Partnership’s 's primary drilling activities, the Managing General Partner may voluntarily withdraw as Managing General Partner on giving 120 days’ ' written notice of withdrawal to the Participants. If the Managing General Partner withdraws, then the following conditions shall apply:
Appears in 2 contracts
Samples: Escrow Agreement (Atlas America Public 11-2002 LTD), Limited Partnership Agreement (Atlas America Public 12 2003 Program)
