Examples of Ordinary Course Contracts in a sentence

Sellers shall use commercially reasonable efforts to give prompt Notice to Buyer of the execution of any Ordinary Course Contract and, upon the request of Buyer to make available to Buyer copies of any such Ordinary Course Contracts.
From time to time after the date hereof and prior to the Closing, (i) Buyer may remove Contracts, other than Ordinary Course Contracts, from the list of Assumed Contracts, (ii) Buyer and the Company, by mutual agreement, may add Contracts to the list of Assumed Contracts, and (iii) Buyer, in its sole discretion, may add to the list of Assumed Contracts any material Contract the existence and terms of which were not disclosed to Buyer in reasonable detail prior to the Agreement Date.
Sellers shall use commercially reasonable efforts to give prompt Notice to Buyer of the execution of any Ordinary Course Contract and, upon the request of Buyer, to make available to Buyer copies of any such Ordinary Course Contracts.
For the avoidance of doubt, the GE Ordinary Course Contracts shall be assumed pursuant to the Plan.
Except as set forth on Schedule 4.7 hereto, none of the Acquired Entities has received written notice of any alleged breach of, or intention by any of the parties to any of the Ordinary Course Contracts (other than Immaterial Contracts) or the Development Agreement or the Collective Bargaining Agreement to cancel the same, nor has any Acquired Entity canceled any of same other than in the ordinary course of business.

More Definitions of Ordinary Course Contracts

Ordinary Course Contracts means those contracts entered into in the ordinary course of business by the Seller until the Closing including trade payables, open purchase orders, and supplier agreements. The Material Contracts and Ordinary Course Contracts were negotiated at arms' length and in good faith by the Seller.

Ordinary Course Contracts means contracts entered into in the Ordinary Course of Business that are cancelable by Seller (or its successor) without penalty to it on not more than 90 days' notice.

Ordinary Course Contracts. Section 3.15(h) “Outside Date” Section 7.1(b)(iii) “Parent” Preamble

Ordinary Course Contracts means (a) Contracts or orders for the purchase of raw materials or supplies used by the Business in the Ordinary Course of Business where the aggregate amount owed under any such Contract or order (or series of related Contracts or orders with the same vendor) does not exceed $25,000; (b) Contracts or orders for the sale of finished products of the Business to customers in the Ordinary Course of Business where the aggregate amount owed under any such Contract or order (or series of related Contracts or orders with the same customer) does not exceed $25,000; (c) Contracts for routine maintenance of real property, plant or equipment having a cost to Seller of not more than $5,000 per job or project and not more than $25,000 in the aggregate per Contract; (d) confidentiality agreements with third parties relating to confidential information disclosed by such third parties to Seller; and (e) other Contracts entered into by Seller in the Ordinary Course of Business having a value or cost to Seller of not more than $25,000 individually or $150,000 in the aggregate.

Ordinary Course Contracts means the following Contracts: (a) standard, non-negotiated shrink-wrap, click-wrap or similar Contracts provided in connection with commercially available “off-the-shelf” technology (including technology offered on a SaaS, PaaS, or IaaS or similar basis and Software available through retail stores, distribution networks or that is pre-installed as a standard part of hardware purchased by the Company) for an annual license fee of less than one hundred thousand US dollars ($100,000), (b) customary non-disclosure agreements that have been entered into in the ordinary course of business that do not include a license in favor of any third party, and interest in and to developments to and for the sole benefit of the Group Companies, and (c) non-exclusive licenses or grants of rights relating to or agreeing to provide any Company Products pursuant to a Standard Form or other license agreement that does not materially deviate from the allocation of Intellectual Property rights in the Standard Form.

Ordinary Course Contracts has the meaning set forth in Section 2.11(h).