Common use of Meaning of Certain Phrase Clause in Contracts

Meaning of Certain Phrase. In this Agreement the phrase “in the ordinary course of business” or “ordinary course” and similar expressions shall, as applicable, mean and refer to the ordinary course of business conduct of a Party (or its Subsidiaries) in a commercially reasonable and business-like manner consistent with the past practices of such Party.

Appears in 3 contracts

Samples: Arrangement Agreement (Aurora Cannabis Inc), Arrangement Agreement (Aurora Cannabis Inc), Arrangement Agreement (Aurora Cannabis Inc)

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Meaning of Certain Phrase. In this Agreement the phrase “in the ordinary and regular course of business” or “ordinary course” and similar expressions shall, as applicable, mean and refer to (i) those activities that are normally conducted by Persons engaged in the exploration for gold deposits and in the development and production of such deposits and/or (ii) the ordinary course of business conduct of a Party (or its Subsidiaries) in a commercially reasonable and business-like manner consistent with the past practices of such the Party.

Appears in 3 contracts

Samples: Arrangement Agreement (Alamos Gold Inc), Arrangement Agreement (Alamos Gold Inc), Arrangement Agreement

Meaning of Certain Phrase. In this Agreement the phrase “in the ordinary and regular course of business” or “ordinary course” and similar expressions shall, as applicable, mean and refer to (i) those activities that are normally conducted by a streaming and royalty company, and (ii) the ordinary course of business conduct of a Party (or its Subsidiaries) in a commercially reasonable and business-like manner consistent with the past practices of such the Party.

Appears in 2 contracts

Samples: Arrangement Agreement (Maverix Metals Inc.), Arrangement Agreement (Triple Flag Precious Metals Corp.)

Meaning of Certain Phrase. In this Agreement the phrase “in the ordinary and regular course of business” or “ordinary course” and similar expressions shall, as applicable, mean and refer to (i) those activities that are normally conducted by Persons engaged in the exploration for precious metals deposits and in the development and production of such deposits and/or (ii) the ordinary course of business conduct of a Party (or its Subsidiaries) in a commercially reasonable and business-like manner consistent with the past practices of such the Party.

Appears in 2 contracts

Samples: Arrangement Agreement (Richmont Mines Inc), Arrangement Agreement (Alamos Gold Inc)

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Meaning of Certain Phrase. In this Combination Agreement the phrase “in the ordinary course of business” or “ordinary course” and similar expressions shall, as applicable, shall mean and refer to the ordinary course normal day-to-day operations of the business conduct of a Party (or its Subsidiaries) in a commercially reasonable and business-like manner with respect to the particular Party, consistent with the past practices practice of such Partyparty, provided in any event such action is not unreasonable.

Appears in 1 contract

Samples: Combination Agreement (Semafo Inc)

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