FULL MONTH. With respect to each Full Month, in consideration of the Services provided by LTC hereunder, Healthcare shall pay to LTC fees equal to 25% of (1) the aggregate amount of all wages, salaries and bonuses paid to LTC Employees and (2) the aggregate amount of rent paid by LTC for rental of its principal corporate office located at 000 Xxxxxxxxx Xxxxx, Xxxxx 0000, Xxxxxx, XX 00000 (the "Principal Office") during the Full Month.
Appears in 11 contracts
Samples: Exhibit 2 Administrative Services Agreement (LTC Properties Inc), Distribution Agreement (LTC Healthcare Inc), Form of Administrative Services Agreement (LTC Healthcare Inc)
