Tangible Costs. Ten percent (10%) of the Partnership’s subscription proceeds received from the Participants shall be used by the Partnership to pay Tangible Costs. All remaining Tangible Costs in excess of an amount equal to 10% of the Partnership’s subscription proceeds shall be charged 100% to the Managing General Partner.
Appears in 5 contracts
Samples: Limited Partnership Agreement (Atlas Resources Public #17-2008 (B) L.P.), Limited Partnership Agreement (Atlas America Public #15-2005 Program), Limited Partnership Agreement (Atlas America Public #15-2005 (B) L.P.)
Tangible Costs. Ten Up to fifteen percent (1015%) of the Partnership’s subscription proceeds received from the Participants shall be used by the Partnership to pay Tangible CostsCosts as provided in Section 5.01(a)(5). All remaining Tangible Costs in excess of an the amount equal to 10% of Tangible Costs paid with the Partnership’s subscription proceeds shall be charged 100% to the Managing General Partner.
Appears in 3 contracts
Samples: Limited Partnership Agreement (DGOC Series 28, L.P.), Limited Partnership Agreement (DGOC Series 28, L.P.), Limited Partnership Agreement (Atlas Resources Series 28-2010 L.P.)
Tangible Costs. Ten Fifteen percent (1015%) of the Partnership’s subscription proceeds received from the Participants shall be used by the Partnership to pay Tangible Costs. All remaining Tangible Costs in excess of an amount equal to 1015% of the Partnership’s subscription proceeds shall be charged 100% to the Managing General Partner.
Appears in 2 contracts
Samples: Limited Partnership Agreement (DGOC Series 18B LP), Limited Partnership Agreement (DGOC Series 18C LP)
Tangible Costs. Ten percent (10%) Up to 6% of the Partnership’s subscription proceeds received from the Participants shall be used by the Partnership to pay Tangible CostsCosts of the Partnership’s xxxxx as provided in Section 5.01(a)(5). All remaining Tangible Costs in excess of an the amount equal to 10% of Tangible Costs paid with the Partnership’s subscription proceeds shall be charged 100% to the Managing General Partner.
Appears in 1 contract
Samples: Partnership Agreement (Atlas Resources Series 33-2013 L.P.)