Initial Partners. The initial Partners shall be the Managing Partner, as a General Partner, and the initial Investor Partner. The Managing Partner shall not be required to make a Capital Contribution to the Partnership but shall grant the Partnership access to all maps, drilling logs and other geological and geophysical information it owns or acquires with respect to the Partnership Properties, and a perpetual, non-exclusive, royalty-free license to use such intellectual property solely in the development of the Partnership Properties.
Appears in 3 contracts
Sources: Agreement of Limited Partnership (White River Energy Corp.), Limited Partnership Agreement (White River Energy Corp.), Agreement of Limited Partnership (White River Energy Corp.)