Ordinary Course definition

Ordinary Course means, with respect to an action taken by a Person, that such action is consistent with the past practices of the Person and is taken in the ordinary course of the normal day-to-day operations of the Person.

Ordinary Course means the ordinary course of business consistent with past custom and practice (including with respect to quantity and frequency).

Ordinary Course means, with respect to an action taken by a Party, that such action is consistent with the past practices of such Party and is taken in the ordinary course of the normal day-to-day operations of the business of such Party.

Examples of Ordinary Course in a sentence

• There is no Claim by the Company, other than in the Ordinary Course of Business pending under any of such policies.

• The Company and its Subsidiaries are not indebted, directly or indirectly, to any Related Party, other than in connection with expenses or advances of expenses incurred in the Ordinary Course of Business or employee relocation expenses and for other customary employee benefits made generally available to all employees.

• The accounts receivables of Kungsleden as will be reflected on the Kungsleden Financial Statements arose from bona fide transactions in the Ordinary Course of Business, and to the knowledge of Kungsleden, are good and collectible accounts subject to an allowance for doubtful accounts taken in accordance with IFRS.

• Except for the CBIT Permitted Encumbrances, neither CBIT nor the CBIT Subsidiaries are a party to or bound by any agreement of guarantee, indemnification, assumption or endorsement or any other like commitment of the obligations, liabilities (contingent or otherwise) or indebtedness of any Persons, except in the Ordinary Course of Business.

• The Company is not indebted, directly or indirectly, to any Related Party, other than in connection with expenses or advances of expenses incurred in the Ordinary Course of Business or employee relocation expenses and for other customary employee benefits made generally available to all employees.

More Definitions of Ordinary Course

Ordinary Course means ordinary course of business or ordinary trade activities that are customary for similar businesses in the normal course of their ordinary operations and not while in financial distress.

Ordinary Course means the ordinary course of business of the Group Companies consistent with past practice.

Ordinary Course means, with respect to any Person, the conduct by a Person of the relevant business in the ordinary course.

Ordinary Course or “ordinary course of business” means the ordinary course of business that is consistent with past practices.

Ordinary Course means, with respect to an action taken by a Person, that the action is consistent with the past practices of the Person and is taken in the usual course of the normal day-to-day operations of the Person.

Ordinary Course means, with respect to an action taken by the Company, that such action is consistent with the past practices of the Company and is taken in the ordinary course of the normal day-to-day operations of the business of the Company.

Ordinary Course means the ordinary course of business of the Business, consistent with Seller’s past custom and practice.