Additional Fee. (i) Each Trading Purchaser shall pay LLS, with respect to any Trading Policies that were sold or matured during each calendar quarter (the “Relevant Trading Policies”), a fee (the “Additional Fee”) equal to 50% of the Excess Proceeds (as defined below), which Additional Fee shall be determined and payable in accordance with this Section 2(g).
Appears in 2 contracts
Sources: Letter Agreement (Lighthouse Life Capital, LLC), Letter Agreement (Lighthouse Life Capital, LLC)