Unearned Extension Fee

Unearned Extension Fee. The lesser of (i) $750,000 and (ii) an amount equal to (A) $1,000,000 times (B) a fraction, the numerator of which is the number of days from (but excluding) the Release Date to (and including) July 31, 2009, and the denominator of which is 31 (i.e., the number of days from (but excluding) June 30, 2009 to (and including) July 31, 2009).