Common use of Tangible Costs Clause in Contracts

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

Sources: Limited Partnership Agreement (Atlas Resources Public #17-2008 (B) L.P.), Limited Partnership Agreement (Atlas Resources Public #16-2007 (A) L.P.), Limited Partnership Agreement (Atlas America Series 27-2006 LP)

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

Sources: 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

Sources: Limited Partnership Agreement (DGOC Series 18C LP), Limited Partnership Agreement (DGOC Series 18B 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 ▇▇▇▇▇ 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

Sources: Partnership Agreement (Atlas Resources Series 33-2013 L.P.)