Normal course of business definition

Normal course of business means any operation or activity that represents a daily and common activity, carried out on a reasonable and professional basis, in conformity with past practices and procedures, and applicable Law in force, not subject to approval by the shareholders’ meeting, partners’ meeting, board of directors, executive board’s meeting or similar bodies.
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Normal course of business means those acts which are engaged in by a business firm with a view 3097 toward winning financial gain, or those acts which are performed by a business firm in the conduct of 3098 the business firm as a business.
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Normal course of business means a transaction that is related to the transfer, sale, assignment, or encumbrance of assets and that satisfies any 1 of the following criteria:
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Examples of Normal course of business in a sentence

  • There are no material challenges, complaints or countervailing duties other than returns in the Normal Course of Business arising out of any agreements signed with any customers holding accounts receivable concerning the amount or validity of said accounts receivable.

  • Related Party Transactions in the Normal Course of Business Details of the signi?cant related party transactions undertaken in the normal course of business are provided under Note 29 to the Consolidated Financial Statements.

  • Since December 31, 2020, the Company’s Business has been regularly conducted in the Normal Course of Business.

  • FILE VOLUNTARY PETITIONS FOR CHAPTER 11 BANKRUPTCY PROTECTION TO FACILITATE DEBT RESTRUCTURING All Subsidiaries to Continue Normal Operations and Continue Fulfilling Payroll, Vendor and Patient Care Obligations in the Normal Course of Business; Noteholders in Agreement to Reduce and Convert Outstanding Debt to Equity Ownership and to Provide DIP Financing DENVER-AUGUST 8, 2000--As part of its previously announced effort to restructure its capital obligations, Coram Healthcare Corporation and Coram, Inc.

  • The Company has not paid or is not obliged to pay any bonuses, fees, distributions, remuneration or other compensation to any Person other than salaries, wages, bonuses or compensation paid or payable to Employees or consultants in the Normal Course of Business in accordance with current compensation levels and practices as set out in Schedule 6.1(20).


More Definitions of Normal course of business

Normal course of business means an action/activity that is consistent in nature, scope and magnitude with the past practices of the Group and is taken in the ordinary course of the normal day-to-day operations in FMCG retail/wholesale, e.g. buying, transporting, producing, storing and reselling of goods through online, retail and/or wholesale outlets.
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Normal course of business means those acts which are engaged in by a business firm with a view
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Normal course of business means the normal course of Business, which equates to the practices, acts or activities which the Company undertakes habitually or ordinarily in compliance with the Law and its business purpose.
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Normal course of business means the set of activities that, by its nature, finality or execution form, is necessary for achieving the business purpose of the Person in question, taking into account the continuity of said activities in accordance with their usual levels and standards and without any interruption, as long as they are: (i) performed in the normal and ordinary course, in a careful manner, without any material change or interruption in relation to the nature, means and goals of their activities; (ii) consistent, in their nature, form, purpose and manner of execution, with the activities that are expected to be conducted by such Person; (iii) consistent, in their nature, finality and form of performance, with the activities of a Person of similar size engaged in a similar area of business; and (iv) performed in conformity with Applicable Law.
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Normal course of business when used in reference to a particular Person (except BPLP) means the normal course of business of such Person and, when used in reference to BPLP, means actions or business consistent with the BPLP Business Plan and Good Utility Practices.
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Normal course of business means the ordinary and necessary routine involved in the efficient carrying out of the instructions of a principal;
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Normal course of business means any operation or activity that constitutes customary business practice (i) within Redentor’s industry standards, as reasonably expected from a Person in Redentor’s context, market, financial and operating condition; (ii) adopted by Redentor in accordance with its past practices with respect to the normal conduct of UniRedentor’s business; and (iii) within the Law and in accordance with the provisions of the incorporation acts of Redentor.
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