Arena Management Fee
10.1.1
For the period beginning on the Closing Date and ending on the last day of the calendar quarter in which the Closing Date occurs, an amount equal to $15,000,000.00 multiplied by a factor equal to the number of days from the Closing Date to the end of such quarter divided by 365, which for the purposes of clarity shall be calculated as follows:
$15,000,000 X (Number of Days from Closing Date to June 30, 2013/365)
In no event shall the Management
Fee exceed $15,000,000.00 per year.
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