Ordinary definition

Ordinary means the interest rate for the loan must not exceed the rate a prudent borrower would pay, in an arm's length transaction, for a comparable loan in the money mar- ket at that time.

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Ordinary construction means that type of housing commonly found in residential areas.

Ordinary transactions means, under article 3(1)(d) of the Regulations, those transactions which form part of the ordinary operating activities of YNAP, and related financial activities.

Examples of Ordinary in a sentence

• In the event a successor Warrant Agent shall be appointed, the Company shall give notice thereof to the predecessor Warrant Agent and the Transfer Agent for the Ordinary Shares not later than the effective date of any such appointment.

• The Company shall at all times reserve and keep available a number of its authorized but unissued Ordinary Shares that shall be sufficient to permit the exercise in full of all outstanding Warrants issued pursuant to this Agreement.

• For any reason at any time, upon the written request of the holder of the Warrant, the Company shall, within two (2) Business Days, confirm orally and in writing to such holder the number of Ordinary Shares then outstanding.

• The Warrant Agent hereby accepts the agency established by this Agreement and agrees to perform the same upon the terms and conditions herein set forth and among other things, shall account promptly to the Company with respect to Warrants exercised and concurrently account for, and pay to the Company, all monies received by the Warrant Agent for the purchase of Ordinary Shares through the exercise of the Warrants.

• If, by reason of any adjustment made pursuant to this Section 4, the holder of any Warrant would be entitled, upon the exercise of such Warrant, to receive a fractional interest in a share, the Company shall, upon such exercise, round down to the nearest whole number the number of Ordinary Shares to be issued to such holder.

More Definitions of Ordinary

Ordinary pay shall mean at the ordinary weekly rate paid to the employee exclusive of any allowance for travelling time and fares or shift work.

Ordinary means the bishop of the diocese or other person being the ecclesiastical ordinary of the place.

Ordinary when none of the layers of glass of which it is composed has been treated; or

Ordinary means the interest rate for the loan must not ex- ceed the rate a prudent borrower would pay, in an arm's length trans- action, for a comparable loan in the money market at that time.

Ordinary shareholder agreements (“Agreement”) They mainly include provisions relating to the relationship among shareholders, and between them and the corporation.

Ordinary. For Lease" signs. All such activities of Lessor shall be without abatement of rent or liability to Lessee.

Ordinary. FEES. Seller is to receive for its fee, including interest on any participation ownership interest it retains in the Loans covered under this Agreement and fees for the servicing of said Loans, the remainder of the interest and loan fees, if any, not payable to the Buyer. The Seller shall also receive any default penalties or late charges and other amounts payable by the loan debtors.