Common use of Commission Structure Clause in Contracts

Commission Structure. The commission that the Company will pay to ▇▇▇▇▇▇▇▇ 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 ▇▇▇▇▇▇▇▇ 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 0.40% 0.60% 0.80% 1.00% 1.20% 1.40% 1.60% 1.80% 2.00%

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 0.401.25% 0.602.0% 0.802.75% 1.003.50% 1.204.25% 1.405.00% 1.605.00% 1.805.00% 2.005.00%

Appears in 1 contract

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