Common use of Rights of Unit Holders Clause in Contracts

Rights of Unit Holders. A. In accordance with the transfer and assignment described in Section 7.1B, it is the intention of the parties hereto that Unit Holders shall have the same rights and obligations that Limited Partners have under this Agreement and under the Act. The fiduciary duties and obligations of the General Partner to the Limited Partner under the Act and this Agreement shall extend to the Unit Holders.

Appears in 9 contracts

Samples: Geodyne Energy Income LTD Partnership Ii-B, Geodyne Institutional Pension Energy Income P-2 LTD Ptnship, Geodyne Energy Income LTD Partnership Ii-B

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Rights of Unit Holders. A. In accordance with the transfer and assignment described in Section 7.1B, it is the intention of the parties hereto that that, except to the extent set forth in Section 3.6B, Unit Holders shall have the same rights and obligations that Limited Partners have under this Agreement and under the Act. The fiduciary duties and obligations of the General Partner to the Limited Partner Partners under the Act and this Agreement shall extend to the Unit Holders.

Appears in 5 contracts

Samples: Geodyne Energy Income LTD Partnership Iii-G, Geodyne Energy Income LTD Partnership Iii-G, Geodyne Energy Income LTD Partnership Iii-G

Rights of Unit Holders. A. In accordance with the transfer and assignment described in Section 7.1B7.lB, it is the ix xxe intention of the parties hereto that Unit Holders shall have the same rights and obligations that Limited Partners have under this Agreement and under the Act. The fiduciary duties and obligations of the General Partner to the Limited Partner under the Act and this Agreement shall extend to the Unit Holders.

Appears in 2 contracts

Samples: Geodyne Energy Income LTD Partnership Ii-B, Geodyne Energy Income LTD Partnership Ii-B

Rights of Unit Holders. A. In accordance with the transfer and assignment described in Section 7.1B0.xX, it is the intention of the parties hereto that that, except to the extent set forth in Section 3.6B, Unit Holders shall have the same rights and obligations that Limited Partners have under this Agreement and under the Act. The fiduciary duties and obligations of the General Partner to the Limited Partner Partners under the Act and this Agreement shall extend to the Unit Holders.

Appears in 2 contracts

Samples: Geodyne Energy Income LTD Partnership Iii-G, Geodyne Energy Income LTD Partnership Iii-G

Rights of Unit Holders. A. In accordance with the transfer and assignment described in Section 7.1B7.lB, it is the intention xxxention of the parties hereto that that, except to the extent set forth in Section 3.6, Unit Holders shall have the same rights and obligations that Limited Partners have under this Agreement and under the Act. The fiduciary duties and obligations of the General Partner to the Limited Partner Partners under the Act and this Agreement shall extend to the Unit Holders.

Appears in 2 contracts

Samples: Geodyne Institutional Pension Energy Inc LTD Partnership P-7, Geodyne Institutional Pension Energy Inc LTD Partnership P-7

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Rights of Unit Holders. A. In accordance with the transfer and assignment described in Section 7.1B7.lB, it is the xxx intention of the parties hereto that Unit Holders shall have the same rights and obligations that Limited Partners have under this Agreement and under the Act. The fiduciary duties and obligations of the General Partner to the Limited Partner under the Act and this Agreement shall extend to the Unit Holders.

Appears in 1 contract

Samples: Geodyne Energy Income LTD Partnership Ii-B

Rights of Unit Holders. A. In accordance with the transfer and assignment described in Section 7.1B7.lB, it is the intention inxxxxion of the parties hereto that Unit Holders shall have the same rights and obligations that Limited Partners have under this Agreement and under the Act. The fiduciary duties and obligations of the General Partner to the Limited Partner under the Act and this Agreement shall extend to the Unit Holders.

Appears in 1 contract

Samples: Geodyne Institutional Pension Energy Income P-2 LTD Ptnship

Rights of Unit Holders. A. In accordance with the transfer and assignment described in Section 7.1B7.lB, it is xx xs the intention of the parties hereto that Unit Holders shall have the same rights and obligations that Limited Partners have under this Agreement and under the Act. The fiduciary duties and obligations of the General Partner to the Limited Partner under the Act and this Agreement shall extend to the Unit Holders.

Appears in 1 contract

Samples: Geodyne Energy Income LTD Partnership Ii-B

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