Common use of Services Performed by Managers or Affiliates Clause in Contracts

Services Performed by Managers or Affiliates. The Company shall pay the Managers or Affiliates of the Managers for services rendered or goods provided to the Company to the extent that the Managers are not required to render such services or goods themselves without charge to the Company, and to the extent that the fees paid to such Managers or Affiliates do not exceed the fees that would be payable to an independent responsible third party that is willing to perform such services or provide such goods.

Appears in 2 contracts

Sources: Operating Agreement, Operating Agreement

Services Performed by Managers or Affiliates. The Company shall pay the Managers or Affiliates of the Managers for services rendered or goods provided to the Company to the extent that the Managers are not required to render such services or goods themselves without charge to the Company, and to the extent that the fees paid to such Managers or Affiliates do not exceed the fees that would be payable to an independent responsible third party that is willing to perform such services or provide such goods.

Appears in 1 contract

Sources: Operating Agreement (ARAMARK FHC Kansas, Inc.)

Services Performed by Managers or Affiliates. The Company shall pay the Managers or Affiliates affiliates of the Managers for services rendered or goods provided to the Company to the extent that the Managers are not required to render such services or goods themselves without charge to the Company, and to the extent that the fees paid to such Managers or Affiliates affiliates do not exceed the fees that would be payable to an independent responsible third party that is willing to perform such services or provide such goods.

Appears in 1 contract

Sources: Operating Agreement (Premier Laser Systems Inc)