Common use of Fees Payable to the Manager or its Affiliates Clause in Contracts

Fees Payable to the Manager or its Affiliates. The General Partner may retain Jamestown or one or more Affiliates of Jamestown to perform services for the Partnership and its Subsidiaries in lieu of hiring unaffiliated third parties to perform management or such other services (such agreements, collectively, the “Affiliate Service Contracts”), at rates set forth below. In addition to the fees set forth in accordance with this Section 5.3, the General Partner may cause the Partnership to also reimburse Jamestown or its Affiliates for the cost of providing the services as set forth in this Section 5.3. The Manager or its Affiliates shall be entitled to receive the fees set forth in this Section 5.3. The Manager or its Affiliates, in their sole discretion may defer or waive any fee payable to it under this Agreement. All or any portion of any deferred fees will be deferred without interest and paid when the Manager determines. If not otherwise noted below, any fees will be deducted at the time that payments are made. The fee shall be deducted in the expected proportion to the split between deferred and current payments.