Royalties and management fees for fiscal 2005 through fiscal 2009, totaling 25 million per year, payable to the Company are to be converted into subordinated long-term
borrowings
Royalties and management fees for fiscal 2007 through fiscal 2014, of up to 25 million per year, payable to the Company will be converted into subordinated long-term
borrowings if operating results do not achieve specified levels
This excerpt taken from the DIS 10-K filed Dec 7, 2005.
Royalties and Management Fees
Royalties and management fees totaling
58 million
for fiscal 2004 were paid to the Company following completion of
the rights offering discussed below
Royalties and management fees for fiscal 2005
through fiscal 2009, totaling
25 million
per year, payable to the Company are to be converted into
subordinated long-term borrowings
Royalties and management fees for fiscal 2007
through fiscal 2014, of up to
25 million
per year, payable to the Company will be converted into
subordinated long-term borrowings if operating results do not
achieve specified levels