Ordinary Course of the Business definition

Ordinary Course of the Business means the usual and ordinary operation of the Business consistent with past practice.
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Ordinary Course of the Business means a manner generally consistent with past business practices as evidenced by historical events, trends and customary approach.
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Ordinary Course of the Business means the ordinary course of the Business consistent with past practice (including recent past practice in light of COVID-19, and any action taken, or omitted to be taken, that relates to or arises out of COVID-19 that is reasonable and prudent from a business perspective at the time so taken or omitted shall be deemed to be in the ordinary course of Business).
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Examples of Ordinary Course of the Business in a sentence

  • The accounts receivable due or accruing to Corporation reflected in the Financial Statements and all accounts receivable of Corporation arising since the date of the Financial Statements arose from bona fide transactions in the Ordinary Course of the Business and are valid, enforceable and fully collectible accounts (subject to a reasonable allowance, consistent with past practice, for doubtful accounts as reflected in the Financial Statements or as previously disclosed in writing to the Purchaser).

  • The advances under the Bridge Loan would be available to MSC for the following uses: (i) as to up to $200,000, to pay outstanding legal fees owed by MSC to MSC's legal counsel; and (ii) as to all other amounts advanced, to pay for operating expenses of MSC then due and payable in the Ordinary Course of the Business.

  • Except to the extent expressly disclosed or reserved against in the Financial Statements or incurred since the Financial Statement Date in the Ordinary Course of the Business, the Company does not have any outstanding indebtedness or any liabilities or obligations (whether accrued, absolute, contingent or otherwise).

  • Any liabilities or obligations incurred in the Ordinary Course of the Business since the Financial Statement Date have not, and will not, result in a Material Adverse Change.

  • The level of Inventories is consistent with the level of inventories that has been maintained in the operation of the Business prior to the date hereof in accordance with the Ordinary Course of the Business.

  • Except to the extent reflected or reserved against in the balance sheet (including the notes thereto) forming part of the Financial Statements and except in respect of normal trade payables arising in the Ordinary Course of the Business, the Corporation has not any outstanding indebtedness or liabilities (whether accrued, absolute, contingent or otherwise) nor any outstanding commitments or obligations of any kind exceeding USD $100,000.

  • Except as disclosed in the Last Accounts or the Disclosure Materials, there are no loans, guarantees, material undertakings, material commitments on capital account or unusual liabilities other than in the Ordinary Course of the Business.

  • Except to the extent reflected or reserved against in the balance sheet (including the notes thereto) forming part of the Financial Statements and except in respect of normal trade payables arising in the Ordinary Course of the Business, the Corporation has not any outstanding indebtedness or liabilities (whether accrued, absolute, contingent or otherwise) nor any outstanding commitments or obligations of any kind exceeding USD $2,500.

  • Except to the extent reflected or reserved against in the balance sheet (including the notes thereto) forming part of the Financial Statements and except in respect of normal trade payables arising in the Ordinary Course of the Business, the Corporation has not any outstanding indebtedness or liabilities (whether accrued, absolute, contingent or otherwise) nor any outstanding commitments or obligations of any kind exceeding USD $10,000.


More Definitions of Ordinary Course of the Business

Ordinary Course of the Business means the regular performance or execution of those acts necessary and/or convenient for the proper and normal development of the Business consistent with the customs and practices of the Companies prior to the Signing Date.
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Related to Ordinary Course of the Business

  • Ordinary Course of Business 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 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.

  • Past Practice means past practices, accounting methods, elections and conventions.

  • Past Practices shall have the meaning set forth in Section 3.5.

  • Ordinary Course Professional Order means the Order Authorizing the Retention and Compensation of Certain Professionals Utilized in the Ordinary Course of Business [D.I. 765].

  • Water course means a natural channel or an artificial channel formed by training or diversion of a natural channel meant for carrying storm and waste water.

  • Course of conduct means two or more acts, including, but not limited to, acts in which the stalker directly, indirectly, or through third parties, by any action, method, device, or means, follows, monitors, observes, surveils, threatens, or communicates to or about a person, or interferes with a person’s property.

  • Excluded Business has the meaning set forth in Section ‎9.1.1.

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Course means classroom training delivered live either physically in person or virtually via the internet.