Common use of Sales, Purchases and Operation of Producing Properties; Additional Financing Clause in Contracts

Sales, Purchases and Operation of Producing Properties; Additional Financing. A. Producing Properties whose purchase price exceeds 10% of the Unit Holders' Subscriptions may be acquired by the Partnership only if an Acquisition Reserve Report or an Engineering Review Letter has been received and evaluated by the General Partner with respect thereto.

Sales, Purchases and Operation of Producing Properties; Additional Financing. A. Producing Properties whose purchase price exceeds 10% of the Unit Holders' Subscriptions to the Limited Partnership may be acquired by the Production Partnership only if an Acquisition Reserve Report or an Engineering Review Audit Letter has been received prepared and evaluated by the General Partner with respect thereto.

Sales, Purchases and Operation of Producing Properties; Additional Financing. A. Producing Properties whose purchase price exceeds 10% of the Unit Holders' Subscriptions to the Limited Partnership may be acquired by the Production Partnership only if an Acquisition Reserve Report or an Engineering Review Audit Letter has been received prepared and evaluated by the General Partner with respect thereto.