Common use of Payment Amount Clause in Contracts

Payment Amount. (a) As consideration for the Services rendered hereunder, Xxxxxxx Operating shall pay to the Manager each month, in advance, a fee that shall represent a reasonable allocation of all projected costs (including its own overhead and general and administrative costs and expenses and those of its Affiliates) to be incurred by the Manager in providing such Services and that may be adjusted pursuant to Section 3.5 (the “Services Fee”). The initial Services Fee shall be $ 33,333 per month. For the avoidance of doubt, in no event shall the Services Fee include any Tax passed on to Xxxxxxx Operating pursuant to Section 3.4 hereof.

Appears in 8 contracts

Samples: Management Services Agreement (Kimbell Royalty Partners, LP), Management Services Agreement (Kimbell Royalty Partners, LP), Management Services Agreement (Kimbell Royalty Partners, LP)

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Payment Amount. (a) As consideration for the Services rendered hereunder, Xxxxxxx Operating shall pay to the Manager each month, in advance, a fee that shall represent a reasonable allocation of all projected costs (including its own overhead and general and administrative costs and expenses and those of its Affiliates) to be incurred by the Manager in providing such Services and that may be adjusted pursuant to Section 3.5 (the “Services Fee”). The initial Services Fee shall be $ 33,333 10,000 per month. For the avoidance of doubt, in no event shall the Services Fee include any Tax passed on to Xxxxxxx Operating pursuant to Section 3.4 hereof.

Appears in 5 contracts

Samples: Management Services Agreement (Kimbell Royalty Partners, LP), Management Services Agreement (Kimbell Royalty Partners, LP), Management Services Agreement (Kimbell Royalty Partners, LP)

Payment Amount. (a) As consideration for the Services rendered hereunder, Xxxxxxx Operating shall pay to the Manager each month, in advance, a fee that shall represent a reasonable allocation of all projected costs (including its own overhead and general and administrative costs and expenses and those of its Affiliates) to be incurred by the Manager in providing such Services and that may be adjusted pursuant to Section 3.5 (the “Services Fee”). The initial Services Fee shall be $ 33,333 41,961.47 per month. For the avoidance of doubt, in no event shall the Services Fee include any Tax passed on to Xxxxxxx Operating pursuant to Section 3.4 hereof.

Appears in 4 contracts

Samples: Management Services Agreement, Management Services Agreement (Kimbell Royalty Partners, LP), Management Services Agreement (Kimbell Royalty Partners, LP)

Payment Amount. (a) As consideration for the Services rendered hereunder, Xxxxxxx Operating shall pay to the Manager each month, in advance, a fee that shall represent a reasonable allocation of all projected costs (including its own overhead and general and administrative costs and expenses and those of its Affiliates) to be incurred by the Manager in providing such Services and that may be adjusted pursuant to Section 3.5 (the “Services Fee”). The initial Services Fee shall be $ 33,333 54,871.86 per month. For the avoidance of doubt, in no event shall the Services Fee include any Tax passed on to Xxxxxxx Operating pursuant to Section 3.4 hereof.

Appears in 3 contracts

Samples: Management Services Agreement (Kimbell Royalty Partners, LP), Management Services Agreement (Kimbell Royalty Partners, LP), Management Services Agreement (Kimbell Royalty Partners, LP)

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Payment Amount. (a) As consideration for the Services rendered hereunder, Xxxxxxx Operating shall pay to the Manager each month, in advance, a fee that shall represent a reasonable allocation of all projected costs (including its own overhead and general and administrative costs and expenses and those of its Affiliates) to be incurred by the Manager in providing such Services and that may be adjusted pursuant to Section 3.5 (the “Services Fee”). The initial Services Fee shall be $ 33,333 zero dollars per month. For the avoidance of doubt, in no event shall the Services Fee include any Tax passed on to Xxxxxxx Operating pursuant to Section 3.4 hereof.

Appears in 2 contracts

Samples: Management Services Agreement (Kimbell Royalty Partners, LP), Management Services Agreement (Kimbell Royalty Partners, LP)

Payment Amount. (a) As consideration for the Services rendered hereunder, Xxxxxxx Operating shall pay to the Manager each month, in advance, a fee that shall represent a reasonable allocation of all projected costs (including its own overhead and general and administrative costs and expenses and those of its Affiliates) to be incurred by the Manager in providing such Services and that may be adjusted pursuant to Section 3.5 (the “Services Fee”). The initial Services Fee shall be $ 33,333 41,961.47 per month. For the avoidance of doubt, in no event shall the Services Fee include any Tax passed on to Xxxxxxx Operating pursuant to Section 3.4 hereof.. Xxxxxxx X-0

Appears in 2 contracts

Samples: Management Services Agreement (Kimbell Royalty Partners, LP), Management Services Agreement (Kimbell Royalty Partners, LP)

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