Common use of Additional Commitment Clause in Contracts

Additional Commitment. To the extent that AFC and Adviser may reach agreement on Adviser’s rendering additional services hereunder in any fiscal year of AFC as part of an Additional Commitment by Adviser, AFC shall pay to Adviser consideration in cash or such other form or forms, at quarter-end or such other time or times, and in such amount or amounts, as the parties may agree, provided that if the parties agree on an Additional Commitment by Adviser but do not otherwise specify the form, timing or amount of fees payable by AFC to Adviser thereunder, the additional fees thus payable by AFC to Adviser will be paid in the same form, at the same time or times, and based on the same hourly rate, as is then in effect for fees payable by AFC to Adviser under the latter’s Basic Commitment. For this purpose, the hourly rate payable to Adviser from time to time under the Basic Commitment shall equal the annual amount of cash then payable under the Basic Commitment divided by the minimum annual hours to which the Basic Commitment then relates.

Additional Commitment. To the extent that AFC and Adviser may reach agreement on Adviser’s rendering additional services hereunder in any fiscal year during the term of AFC this agreement as part of an Additional Commitment by Adviser, AFC shall pay to Adviser consideration in cash or such other form or forms, at quarter-end monthly or such other time or times, and in such amount or amounts, as the parties may agree, provided that if the parties agree on an Additional Commitment by Adviser but do not otherwise specify the form, timing or amount of fees payable by AFC to Adviser thereunder, the additional fees thus payable by AFC to Adviser will be paid in the same form, at the same time or times, and based on the same hourly rate, as is then in effect for fees payable by AFC to Adviser under the latter’s Basic Commitment. For this purpose, the hourly rate payable to Adviser from time to time-to-time under the Basic Commitment shall equal the annual annualized amount of cash then payable under the Basic Commitment divided by the minimum annual annualized hours to which the Basic Commitment then relates.