Common use of Termination of Contracts with General Clause in Contracts

Termination of Contracts with General. Partner --------------------------------------------------------- Subject to and upon fulfilling the conditions of Section 12.3, the power shall be vested in the Unit Holders owning more than 50% of the outstanding Units to terminate any or all contracts between the General Partner or any Affiliate and the Partnership, and select a replacement Person therefor. ARTICLE SEVEN

Appears in 3 contracts

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

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Termination of Contracts with General. Partner --------------------------------------------------------- ---------------------------------------------------------- Subject to and upon fulfilling the conditions of Section 12.3, the power shall be vested in the Unit Holders owning more than 50% of the outstanding Units to terminate any or all contracts between the General Partner or any Affiliate and the Partnership, and select a replacement Person therefor. ARTICLE SEVEN

Appears in 2 contracts

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

Termination of Contracts with General. Partner --------------------------------------------------------- Subject to and upon fulfilling the conditions of Section 12.3, the power shall be vested in the Unit Holders owning more than 50% of the outstanding Units to terminate any or all contracts between the General Partner or any Affiliate and the Partnership, and select a replacement Person therefor. ARTICLE SEVEN.

Appears in 1 contract

Samples: Geodyne Energy Income LTD Partnership Iii-G

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Termination of Contracts with General. Partner --------------------------------------------------------- ---------------------------------------------------------- Subject to and upon fulfilling the conditions of Section 12.3, the power shall be vested in the Unit Holders owning more than 50% of the outstanding Units to terminate any or all contracts between the General Partner or any Affiliate and the Partnership, and select a replacement Person therefor. ARTICLE SEVEN.

Appears in 1 contract

Samples: Geodyne Energy Income LTD Partnership Iii-G

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