NonOrdinary Course Transaction

NonOrdinary Course Transaction. Shall mean, except as otherwise specified in the Budgets: the incurrence of any indebtedness other than in the ordinary course of operating the Acquired Business in a manner consistent with the business of the Acquired Business; the sale or issuance of any debt or equity securities of or relating to the Acquired Business or any rights, options, warrants or convertible securities with respect to the consolidation, exchange, recapitalization or other business combination or restructuring of the... Acquired Business; the entering into of any lease transaction; the acquisition or disposition of assets in excess of $10,000 or outside the ordinary course of business; the making of any material change in the manner in which the operations of the Acquired Business is conducted; the making of any Capital Expenditure in excess of $10,000; the execution, amendment or modification of any contract or agreement having a term, actual or expected, of two years or more, or any other material contract or agreement; the execution, amendment or modification of any contract or agreement, or the entering into any transaction, with any affiliate of Manager, family member of an owner of Manager or affiliate of any such family member; or the entering into any agreement, arrangement or understanding to do any of the foregoing. View More