One-time expenses definition
One-time expenses means (i) transaction costs and expenses incurred and paid by the Loan Parties related to the Loan, including the fees and expenses of Zions First National Bank, the Agent, Creation Capital, LLC, ▇▇▇▇▇, ▇▇▇▇▇ Cohn, Ferris, Glovsky and Popeo, P.C. and ▇▇▇▇▇▇ ▇▇▇▇▇, LLP, which shall not exceed $544,020 in the aggregate and (ii) costs, expenses and settlements related to litigation of the Loan Parties for periods prior to the Closing Date in an amount not to exceed $800,071.
One-time expenses means any expenditure that occurs in the current year that is not anticipated to be recurring or essential in the budget year.