Definition of Acquisition and Disposition Criteria


Acquisition and Disposition Criteria means the acquisition and disposition criteria adopted by the Company’s Board of Directors from time to time, as amended, revised, supplemented or otherwise modified from time to time by the Company’s Board of Directors, which is, or shall be upon any change, revision, supplement or other modification with respect thereto, attached as Schedule 1.

Examples of Acquisition and Disposition Criteria in a sentence

The Manager shall have sole discretion to determine if any acquisition or disposition opportunities satisfy the Acquisition and Disposition Criteria then applicable.
If the Manager determines that a particular opportunity satisfies the Acquisition and Disposition Criteria then applicable, the Manager shall refer such opportunity to the Company’s Board of Directors for its consideration, authorization and approval prior to any consummation thereof.
If the Acquisition and Disposition Criteria is changed, revised, supplemented or otherwise modified, then such changed, revised, supplemented or otherwise modified Acquisition and Disposition Criteria shall automatically replace Schedule 1 hereto setting forth the Acquisition and Disposition Criteria that is then applicable from time to time, subject to this Section 3.3(b).