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Related Party Transactions
3 Months Ended
Dec. 31, 2014
Related Party Transactions  
Related Party Transactions

 

10. Related Party Transactions

Consulting Agreement—The Carlyle Group ("Carlyle")

        NBTY entered into a consulting agreement with Carlyle under which we pay Carlyle a fee for consulting services Carlyle provides to it and its subsidiaries. Under this agreement, subject to certain conditions, NBTY expects to pay an annual consulting fee to Carlyle of $3,000; NBTY reimburses Carlyle for out-of-pocket expenses, and may pay Carlyle additional fees associated with other future transactions. For the three months ended December 31, 2014 and 2013, these fees totaled $750, in each period, and are recorded in selling, general and administrative expenses. Out of pocket expenditures paid to Carlyle were $334 and $0 for the three months ended December 31, 2014 and 2013, respectively.

Holdings

        Holdings does not have any operations or cash flow other than dividends from NBTY. Holdings has $1,000,000 of Holdco Notes and relies on dividends from NBTY to service the debt. See Note 4 Long-Term Debt for further information.