Talk about a sweet deal. 225k gets you into a sweetheart LMA as follows...

• purchase price: $950k
• three (3) year LMA
• LMA initiation fee of 25%, or $225k
• LMA payments (in excess of customary expense reimbursement) of $2.0/month ($24 for year) in Year 1, $2.5k/month ($30k for year) in Year 2 and $3.0k/month ($36k for year) in Year 3 the purchase price will be reduced by the LMA initiation fee and all "excess LMA payments," with resulting amount being due at the end of Year 3