Tangible Costs. Tangible Costs shall be charged 66% to the Managing General Partner and 34% to the Participants. However, if the total Tangible Costs for all of the Partnership's ▇▇▇▇▇ that would be charged to the Participants exceeds an amount equal to 10% of the Partnership's subscription proceeds, then the excess shall be charged to the Managing General Partner.
Appears in 2 contracts
Sources: Limited Partnership Agreement (Atlas America Public 11-2002 LTD), Limited Partnership Agreement (Atlas America Public 12 2003 Program)
Tangible Costs. Tangible Costs shall be charged 66% to the Managing General Partner and 34% to the Participants. However, if the total Tangible Costs for all of the Partnership's ’s ▇▇▇▇▇ that would be charged to the Participants exceeds an amount equal to 10% of the Partnership's ’s subscription proceeds, then the excess shall be charged to the Managing General Partner.
Appears in 1 contract
Sources: Limited Partnership Agreement (Atlas America Public #14-2005 (A) LP)