Tangible Costs. All Tangible Costs shall be allocated entirely to the Partnership; provided, however, that to the extent, if any, that the total costs allocated to MD pursuant to paragraphs (a) and (c) above are less than an amount equal to 25% of the subscriptions by Partners to the Partnership (“Deficit Amount”), then MD shall be allocated an amount of Tangible Costs equal to the Deficit Amount.
Appears in 2 contracts
Sources: Drilling Program Agreement (Mewbourne Energy Partners 08-a Lp), Drilling Program Agreement (Mewbourne Energy Partners 07-A, L.P.)
Tangible Costs. All Tangible Costs shall be allocated entirely to the Partnership; provided, however, that to the extent, if any, that the total costs allocated to MD pursuant to paragraphs (a) and (c) above are less than an amount equal to 2517.65% of the subscriptions by Partners to the Partnership (“Deficit Amount”), then MD shall be allocated an amount of Tangible Costs equal to the Deficit Amount.
Appears in 2 contracts
Sources: Drilling Program Agreement (Mewbourne Energy Partners 10-A, L.P.), Drilling Program Agreement (Mewbourne Energy Partners 09-A, L.P.)