Operations in the Ordinary Course Sample Clauses

Operations in the Ordinary Course. Except as otherwise contemplated by this Plan, and, in particular, any actions necessary as a result of the circumstances identified in Section 1(a)(ii) of this Plan, JHVIT with respect to the Acquired Fund shall conduct its business in the ordinary course until the consummation of the Reorganization, it being understood that such ordinary course of business will include the declaration and payment of customary dividends and distributions.
Operations in the Ordinary Course. Except as otherwise contemplated by this Agreement, WMVT with respect to the Acquired Fund shall conduct its business in the ordinary course between the date of this Agreement and the Closing Date, it being understood that such ordinary course of business will include the regular and customary periodic dividends and distributions.
Operations in the Ordinary Course. Except as set forth in or contemplated by the Company’s filings with the Commission since December 31, 2023, since December 31, 2023 the Company and its Subsidiaries have conducted their respective businesses in the ordinary course, consistent with past practice in all material respects, and there has been no (i) acquisition or disposition of any material asset by the Company or any of its Subsidiaries, or any contract or arrangement therefor, other than acquisitions or dispositions for fair value in the ordinary course of business or acquisitions or dispositions as disclosed in the Company’s filings with the Commission or (ii) material change in the Company’s accounting principles, practices or methods.
Operations in the Ordinary Course. Except as disclosed in Schedule 6.17 of the Disclosure Schedule, since the date of the most recent Financial Statements, there have not been: (a) Any material amendment, waiver or consent with respect to any Assumed Contract, license or Intellectual Property; (b) Any physical damage, destruction or other casualty Loss, whether or not covered by insurance, affecting any of the Acquired Assets or the Leased Premises; (c) Any write-off or write down of any individual Acquired Asset in an amount exceeding US$10,000 or of the Acquired Assets in an aggregate amount exceeding US$50,000; (d) Any purchase or disposition of any Acquired Assets made, or agreed to be made, other than acquisitions or dispositions of property in the ordinary course of the Business as conducted by such Seller and consistent with past practice and the terms of this Agreement and the Operative Documents; (e) Any material change in the accounting methods or procedures of a Seller relating to the Business, or any material change in the reserves or the percentage or method of calculating the reserves applicable to a Seller in connection with the Business, as contained in the Financial Statements; (f) Any change in policy or any other type of change regarding increases in compensation payable to or to become payable to any Seller’s managers, directors officers, employees or agents retained in connection with the Business, other than in the ordinary course of the Business consistent with past practice; (g) Any Claim, litigation, arbitration, administrative proceeding, or other event or condition of any character including, without limitation, any change in the Acquired Assets, the Business or its prospects, that had or could have, individually or in the aggregate, a Material Adverse Effect; (h) Any Lien made or agreed to be made on any Acquired Assets, except Permitted Exceptions; (i) Any borrowings or agreements to borrow by or from any Seller, or any other Liabilities of a material nature (whether absolute, accrued, contingent or otherwise and whether due or to become due) except in the ordinary course of the Business as conducted by such Seller and consistent with past practice, nor, without limiting the generality of the foregoing, guaranteed, endorsed or assumed responsibility for any debts or obligations of any Person; (j) Any transaction by any Seller outside the ordinary course of the Business; (k) Any single capital expenditure by any Seller made with respect to the Business in excess ...
Operations in the Ordinary Course. Except as otherwise contemplated by this Agreement, PIF with respect to the Acquiring Fund shall conduct its business in the ordinary course between the date of this Agreement and the Closing Date, it being understood that such ordinary course of business will include the regular and customary periodic dividends and distributions.
Operations in the Ordinary Course. Since the date of the Company’s most recent Form 10-Q filing with the SEC, the Company and its Subsidiaries have conducted their respective businesses in the ordinary course, consistent with past practice, and there has been no (a) acquisition or disposition of any material asset by the Company or any of its Subsidiaries or any contract or arrangement therefor, other than acquisitions or dispositions for fair value in the ordinary course of business, acquisitions or dispositions as disclosed in the Company SEC Documents, or (b) material change in the Company’s accounting principles, practices, or methods.
Operations in the Ordinary Course. Since the date of BATL’s most recent Form 10-K filing with the SEC, BATL and its Subsidiaries have conducted their respective businesses in the ordinary course, consistent with past practice, and there has been no (a) acquisition or disposition of any material asset by BATL or any of its Subsidiaries or any contract or arrangement therefor, other than acquisitions or dispositions for fair value in the ordinary course of business, acquisitions or dispositions as disclosed in the BATL SEC Documents or (b) material change in BATL’s accounting principles, practices or methods.
Operations in the Ordinary Course. Between December 31, 2007 and the date of this Agreement, the Company has operated its business in the usual and ordinary course consistent with past practices and has not suffered any Material Adverse Effect. The term “Material Adverse Effect” means a material adverse effect on the business, as now conducted or as proposed to be conducted by, the assets, condition (financial or otherwise), liabilities or operations of, the Company and its Subsidiaries taken as a whole. It is hereby clarified that a decrease in the price of the Company’s shares, as reported on the TASE, following the execution hereof, shall not be regarded as a Material Adverse Effect; provided that the underlying reasons for such decrease may nevertheless constitute a Material Adverse Effect.
Operations in the Ordinary Course. Except as set forth in SCHEDULE 3.8 attached hereto or otherwise disclosed in the Tefron SEC Reports or the 2003 Financials, between September 30, 2003 and the date of this Agreement, the Company has operated its business in the usual and ordinary course consistent with past practices and there has been no event which resulted or is likely to result in a Material Adverse Effect.
Operations in the Ordinary Course. Except as otherwise contemplated by this Agreement, Hanover shall conduct its business in the ordinary course until the consummation of the Reorganization.