Ordinary operations definition

Ordinary operations means the operations relating to the core mandate of the Fund;
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Ordinary operations means operations financed out of the Ordinary Capital Resources;
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Ordinary operations means a set of business transactions carried out regularly by an enterprise in the normal course of its business.
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Examples of Ordinary operations in a sentence

  • Ordinary operations shall be those financed from the ordinary capital resources of the Bank.

  • In previous years the net income has been allocated to the Ordinary Reserves of the Bank which may be used, inter alia, to meet possible future losses on loansand guarantees made by the Bank in its Ordinary operations and possible future losses from currency devaluations.

  • Ordinary operations and the wear and tear of our vehicles also result in the dropping of oil, grease, rust, hydrocarbons, rubber particles, and other solid materials on the highway surface.

  • Ordinary operations The Group is committed for the following amounts: € millionDecember 31,2005December 31, 2004 (1) Customer guarantees and endorsements (sales financing) -81 Other guarantees given 518524 Opening of confirmed credit lines for customers 2,0912,221 Firm investment orders 826695 Lease commitments 3171,114Assets pledged or mortgaged216186(1) 2004 figures restated for compliance with IFRS Lease commitments include rent from non-cancellable leases.

  • ADB’s Operations ADB’s operations consist of ordinary, special operations, and cofinancing:• Ordinary operations are financed from ADB’s ordinary capital resources (OCR) which comprise paid-in capital from its members, accumulated reserves, and borrowings from the open market.• Special operations are financed from special funds resources• Cofinancing is provided by official or commercial sources.

  • Ordinary operations, affected by the seasonal trend in business and the unfavorable market conditions, have partly contributed to the increase in net debt.

  • Ordinary operations and the wear and tear of vehicles also result in the dropping of oil, grease, rust, hydrocarbons, rubber particles, and other solid materials on the highway surface.

  • Ordinary operations and maintenance work can provide a great opportunity toimprove a site’s conformance to the BEIG.

  • The operations of the Bank shall consist of ordinary operations and special operations.2. Ordinary operations shall be those financed from the ordinary capital resources of the Bank.3. Special operations shall be those financed from special funds resources.OF ANTIGUA AND BARBUDACaribbean Bank (CAP.

  • Retained earnings comprise the following elements at December 31, 2005 and December 31, 2004: 20052004 Ordinary reserves $265,533 $244,760Currency translation adjustments(1,673)1,293Surplus11,64811,648Unallocated net income6,83519,480 $282,343$277,181 In accordance with Article 39 of the Agreement, the Board of Governorsshall determineat least annually the disposition of the net income of the Bank arising from its Ordinary operations.

Related to Ordinary operations

  • Business operations means engaging in commerce in any form, including by acquiring, developing, maintaining, owning, selling, possessing, leasing, or operating equipment, facilities, personnel, products, services, personal property, real property, or any other apparatus of business or commerce.

  • Financial Services Business for purposes of this Unit Agreement shall mean the business of banking, including deposit, credit, trust and investment services, mortgage banking, asset management, and brokerage and investment banking services.

  • Operating Companies means EAI, EMI, ELI and ENOI, each being an "Operating Company".

  • Restricted business operations means business operations in Sudan that include power production activities, mineral extraction activities, oil-related activities, or the production of military equipment, as those terms are defined in the Sudan Accountability and Divestment Act of 2007 (Pub. L. 110-174). Restricted business operations do not include business operations that the person (as that term is defined in Section 2 of the Sudan Accountability and Divestment Act of 2007) conducting the business can demonstrate—

  • Operations means all the activities conducted by PURCHASER under this contract, including project work, logging, or post harvest activities; or the furnishing of all materials, equipment, labor, and incidentals necessary to successfully complete any individual item or the entire contract.

  • System Operations means the Provider’s operation, maintenance and repair of the System performed in accordance the requirements herein.

  • Areas of Operations means the locations where PURCHASER performs the operations described in the contract.

  • Petroleum Operations means, as the context may require, Exploration Operations, Development Operations or Production Operations or any combination of two or more of such operations, including construction, operation and maintenance of all necessary facilities, plugging and abandonment of Xxxxx, safety, environmental protection, transportation, storage, sale or disposition of Petroleum to the Delivery Point, Site Restoration and any or all other incidental operations or activities as may be necessary.

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • Consolidated Entities as of any date of determination, any entities whose financial results are consolidated with those of Kimco in accordance with GAAP.

  • Business has the meaning set forth in the Recitals.

  • Market Operations Center means the equipment, facilities and personnel used by or on behalf of a Market Participant to communicate and coordinate with the Office of the Interconnection in connection with transactions in the PJM Interchange Energy Market or the operation of the PJM Region.

  • Supplier Operations means all assets, processes and systems (including information systems), data (including Customer data), personnel, and sites, used or processed by Supplier from time to time in the performance of this Agreement.

  • Accounting system means the Contractor's system or systems for accounting methods, procedures, and controls established to gather, record, classify, analyze, summarize, interpret, and present accurate and timely financial data for reporting in compliance with applicable laws, regulations, and management decisions, and may include subsystems for specific areas such as indirect and other direct costs, compensation, billing, labor, and general information technology.

  • Branch operations means any business operations of a branch captive insurance company in this State.

  • Mining Operations means obtaining or extracting any mineral by any mode or method or any purpose directly or indirectly connected therewith or incidental thereto, including—

  • Projects means the projects identified in Exhibit A to the Agreement and all other projects, any costs of which are included in a Transitional Capital Plan pursuant to the Act or are Recovery Costs, and financed, by payment or reimbursement, with the proceeds of Bonds or Notes.

  • Production Operations means all operations conducted for the purpose of producing Petroleum from the Development Area after the commencement of production from the Development Area including the operation and maintenance of all necessary facilities therefor.

  • Significant Assets means one or more assets or businesses which, when purchased, optioned or otherwise acquired by the CPC, together with any other concurrent transactions, would result in the CPC meeting the initial listing requirements of the Exchange.

  • Exploration Operations means any operations carried out for or in connection with the exploration for minerals, and includes -

  • Operating System refers to the software that manages the Hardware Device. You have the right to use the Operating System delivered with the Hardware Device (and any updates acquired through our technical support services) only as incorporated in, and as part of, the Hardware Device and subject to the terms of the license agreement(s) delivered with or on the Hardware Device. Current versions of the license agreements are located in the documentation for the Hardware Device.

  • Consolidated Businesses means the General Partner, the Borrower and their wholly-owned Subsidiaries.

  • Operating Subsidiaries means, collectively, the Corporation and HST, each a wholly-owned subsidiary of the Trust, and "Operating Subsidiary" means either of the Corporation or HST, as applicable.

  • Independent Assets or Operations means, with respect to any such parent company, that such parent company’s total assets, revenues, income from continuing operations before income taxes and cash flows from operating activities (excluding in each case amounts related to its investment in the Issuer and the Restricted Subsidiaries), determined in accordance with GAAP and as shown on the most recent balance sheet of such parent company, is more than 3.0% of such parent company’s corresponding consolidated amount.

  • Financial exploitation means a breach of a fiduciary duty by an actor’s unauthorized expenditure of funds entrusted to the actor for the benefit of the vulnerable adult or by an actor’s failure to provide food, clothing, shelter, health care, therapeutic conduct or supervision, the failure of which results or is likely to result in detriment to the vulnerable adult. Financial exploitation also includes: the willful use, withholding or disposal of funds or property of a vulnerable adult; the obtaining of services for wrongful profit or advantage which results in detriment to the vulnerable adult; the acquisition of a vulnerable adult’s funds or property through undue influence, harassment, duress, deception or fraud; and the use of force, coercion, or enticement to cause a vulnerable adult to perform services against the vulnerable adult’s will for the profit or advantage of another.

  • Operations Plan means the document by which PURCHASER notifies STATE of the plans and schedule for completing the operations described in the contract. It also contains the names of the subcontractors, PURCHASER's Authorized Representatives, and STATE's Authorized Representatives. Permit means any permit required by a federal, state, or local government agency before operations under this contract may lawfully begin or continue. Permit includes an incidental take permit under the federal Endangered Species Act.