Common use of Commission Structure Clause in Contracts

Commission Structure. The commission that the Company will pay to K▇▇▇▇▇▇▇ or a Selling Group Member pursuant to Section 3 of the Agreement (“Selling Commissions”) shall be a cash commission equal to a percentage of the gross proceeds from the sale of the Notes at any closing, determined in accordance with the schedule set forth below and calculated based on the following variables: (i) the gross proceeds received from Notes sold at any particular closing to a prospective investor identified by K▇▇▇▇▇▇▇ or a Selling Group Member, as applicable, (ii) whether the investor is an existing holder of a Class A Note and is reinvesting all or a portion of his invested sums in a new Class A Note; ( iii) the incremental amount of Variable Series Notes under the Prospectus; and (iv) the maturity term, amount invested or other factors relevant to an investment in the Class A Notes as described below. The Selling Commissions payable at any particular closing shall be determined as follows: Manager * 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% Selling Group Member 1.25% 2.0% 2.75% 3.50% 4.25% 5.00% 5.00% 5.00% 5.00%

Appears in 1 contract

Sources: Managing Placement Agent Agreement (Ministry Partners Investment Company, LLC)

Commission Structure. The commission that the Company will pay to K▇▇▇▇▇▇▇ or a Selling Group Member pursuant to Section 3 of the Agreement (“Selling Commissions”) shall be a cash commission equal to a percentage of the gross proceeds from the sale of the Notes at any closing, determined in accordance with the schedule set forth below and calculated based on the following variables: (i) the gross proceeds received from Notes sold at any particular closing to a prospective investor identified by K▇▇▇▇▇▇▇ or a Selling Group Member, as applicable, (ii) whether the investor is an existing holder of a Class A Note and is reinvesting all or a portion of his invested sums in a new Class A Note; ( iii) the incremental amount of Variable Series Notes under the Prospectus; and (iv) the maturity term, amount invested or other factors relevant to an investment in the Class A Notes as described below. The Selling Commissions payable at any particular closing shall be determined as follows: Manager * 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% Selling Group Member 1.250.40% 2.00.60% 2.750.80% 3.501.00% 4.251.20% 5.001.40% 5.001.60% 5.001.80% 5.002.00%

Appears in 1 contract

Sources: Managing Placement Agent Agreement (Ministry Partners Investment Company, LLC)