Procedure for Repurchase. A. As of December 31, 1992 and annually thereafter (the "Appraisal Date") the General Partner shall appraise the Proved Reserves and other assets of the Partnership pursuant to the provisions set forth herein and shall assign a repurchase price (the "Repurchase Price") to the Unit Holders' Units in the Partnership in accordance with the provisions set forth herein.
Appears in 23 contracts
Samples: Geodyne Energy Income LTD Partnership Iii-G, Geodyne Energy Income LTD Partnership Ii-B, Geodyne Institutional Pension Energy Income P-2 LTD Ptnship
Procedure for Repurchase. A. As of December 31, 1992 and annually thereafter (the "Appraisal Date") the General Partner shall appraise the Proved Reserves and other assets of the Partnership pursuant to the provisions set forth herein and shall assign a repurchase price (the "Repurchase Price") to the Unit HoldersLimited Partners' Units Interests in the Partnership in accordance with the provisions set forth herein.
Appears in 3 contracts
Samples: Geodyne Energy Income LTD Partnership I-F, Geodyne Energy Income LTD Partnership I-F, Geodyne Energy Income LTD Partnership I-F
