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Re: pennypuptech post# 30269

Monday, 06/08/2015 3:49:28 PM

Monday, June 08, 2015 3:49:28 PM

Post# of 34559
A long term lease or loan is by no means a "partnership".



Quote:
Item 1.01 – Entry into a Material Definitive Agreement
This item requires disclosure of certain material agreements not made in the ordinary course of business, or material amendments to those agreements. For example, if a company takes out a five-year loan with a bank or signs a long-term lease, and the loan or lease is material to the company, the agreement must be reported here. But if a retailer already has a chain of stores and signs a lease for one more, the new lease generally would be in the ordinary course of business and would not be reported here.

This is my opinion only