Common use of Continuing Fee Clause in Contracts

Continuing Fee. The Corporation shall pay the Operator a monthly management, consulting and operation fee (the “Continuing Fee”) based upon the number of FTEs upon which the Qualified Gross Revenues received for that month were calculated. The Continuing Fee payable by the Corporation each month will be equal to ninety-four and one-half percent (94.5%) of the Qualified Gross Revenues received for each such month. The Continuing Fee shall be paid within five (5) business days of the Corporation’s receipt of any Qualified Gross Revenues for each month via electronic funds transfer. At the end of the term, the total Continuing Fees paid to the Operator during the term shall be subject to an annual reconciliation based upon actual FTEs enrollment and actual revenue Qualified Gross Revenues received (including the final month of the term, even though the payment may be made beyond expiration of the term).

Continuing Fee. The Corporation shall pay the Operator a monthly management, consulting and operation fee (the “Continuing Fee”) based upon the number of FTEs upon which the Qualified Gross Revenues received for that month were calculated. The Continuing Fee payable by the Corporation each month will be equal to ninety-four and one-half percent (94.594%) of the Qualified Gross Revenues received for each such month. The Continuing Fee shall be paid within five (5) business days of the Corporation’s receipt of any Qualified Gross Revenues for each month via electronic funds transfer. At the end of the term, the total Continuing Fees paid to the Operator during the term shall be subject to an annual reconciliation based upon actual FTEs enrollment and actual revenue Qualified Gross Revenues received (including the final month of the term, even though the payment may be made beyond expiration of the term).