Common use of Bonus Fee Clause in Contracts

Bonus Fee. If and to the extent the Company successfully completes HUD Financing relating to Facilities of$270,000,000 or more prior to January 1, 2016, Consultant will be paid an additional fee (“Bonus Fee”) of 5 bps on the aggregate amount funded prior to January 1, 2016. By way of example only, if the Company closes on HUD Financing in June, 2015, in the principal amount of $150,000,000.00, then at the closing of such financing or promptly thereafter, Consultant shall be paid a Base Fee of $150,000.00 (10 bps of $150,000,000); if the Company also closes on HUD Financing in December, 2015, in the principal amount of $120,000,000.00, then Consultant shall be paid a Base Fee of$120,000 (10 bps of$120,000,000) and a Bonus Fee of$135,000 (5 bps of $270,000,000).