Common use of Charge for Services Clause in Contracts

Charge for Services. In consideration for certain administrative, overhead and other costs incurred by Manager prior to the Effective Date and/or In-Service Date to permit Manager to provide the Services hereunder, Company shall pay Manager a fee totaling $1,000,000.00, of which (i) $500,000.00 shall be paid on the Effective Date and (ii) the remaining $500,000.00 shall be paid on the In-Service Date (or if such date is not a Business Day, on the first Business Day thereafter). In addition to the foregoing fee payable in accordance with the immediately preceding sentence, and the Transaction Advisory Fee described below, Company shall compensate Manager for the provision of the Services by paying Manager an amount equal to Manager’s Overhead Costs (also referred to herein as the “Management Fee”). To the extent costs and expenses described under Section II 3 and II 4 of ▇▇▇▇▇ and any overhead charges described under Section III of ▇▇▇▇▇ have been allocated to Company or any Subsidiary under ▇▇▇▇▇ and paid by Company pursuant to the terms of the Contract Operating Agreement, Manager shall credit such amounts to Company against the Management Fee, but such amounts shall be subject to the Administrative Fee.