Common use of Removal of General Partner Clause in Contracts

Removal of General Partner. A. Subject to Section 12.3, the Unit Holders owning more than 50% of the outstanding Units, shall have the authority to, and shall, remove the General Partner.

Appears in 7 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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Removal of General Partner. A. Subject to Section 12.3, the Unit Holders owning more than 50% of the outstanding Units, Units shall have the authority to, and shall, to remove the General Partner.

Appears in 2 contracts

Samples: Geodyne Institutional Pension Energy Inc LTD Partnership P-7, Geodyne Institutional Pension Energy Inc LTD Partnership P-7

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