Ordinary and necessary definition
Examples of Ordinary and necessary in a sentence
Ordinary and necessary business expenses include transportation expenses incurred for mileage between campuses of the College in a personal vehicle when an Employee is required by the College to be on more than one campus on a day, but does not include commuting expenses.
Ordinary and necessary medical care shall include preventive and prophylactic care as well as laboratory tests but shall not include surgery, general anesthesia, laboratory tests for which separate consent is required under the law or other extraordinary procedures.
Ordinary and necessary business expenses incurred by Physician in performing his or her duties under this Agreement, including but not limited to professional dues, subscriptions, licenses, and continuing education expenses, shall be borne by Group, provided that such expenses shall not include any expense not deemed an ordinary and necessary business expense under applicable Internal Revenue Service guidelines, and provided further that such expenses shall not exceed $2,500 per annum.
Ordinary and necessary expenses shall not exceed the ordinary and necessary expenses commonly incurred in the gaming industry.