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 or "ordinary course of business" means the ordinary course of business that is consistent with past practices.

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

Examples of Ordinary Course in a sentence

• No officer, director, Employee or securityholder of the Purchaser has any cause of action or other Claim whatsoever against, or owes any amount to the Purchaser except for Claims in the Ordinary Course of Business of the Purchaser.

• Except usual Employee or consulting arrangements made in the Ordinary Course of Business, the Purchaser is not a party to any contract, agreement or understanding with any officer, director, Employee or securityholder of the Purchaser or any other person not dealing at arm’s length with any of them.

• No officer, director, Employee or securityholder of the Corporation has any cause of action or other Claim whatsoever against, or owes any amount to the Corporation except for Claims in the Ordinary Course of Business of the Corporation.

• Except usual Employee or consulting arrangements made in the Ordinary Course of Business, the Corporation is not a party to any contract, agreement or understanding with any officer, director, Employee or securityholder of the Corporation or any other person not dealing at arm’s length with any of them.

• The Corporation does not owe any amount to, nor has the Corporation any present loans to, or borrowed any amount from or is otherwise indebted to, any officer, director, Employee or securityholder of the Corporation or any person not dealing at “arm’s length” (as such term is defined in the ITA) with any of them except for usual Employee reimbursements and compensation paid or other advances of funds in the Ordinary Course of Business of the Corporation.

More Definitions of Ordinary Course

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.

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

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 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, 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, when used with reference to the Company, the ordinary course of the Company's business, consistent with past practices.

Ordinary Course means, with respect to an action taken by a Person: