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 means the ordinary course of business consistent with past custom and practice (including with respect to quantity and frequency).

Examples of Ordinary Course in a sentence

  • Within the past 12 months preceding the Agreement Date, no XXXX Entity has granted any credit, rebate, trade in, free return or other sales terms to Material Customers or Material Vendors which substantially differ from terms granted in the Ordinary Course of Business.

  • No XXXX Entity has any Liabilities other than: (a) Liabilities and obligations incurred in the Ordinary Course of Business since the Balance Sheet Date; (b) Taxes arising in the Ordinary Course of Business since the Balance Sheet Date; (c) to the extent reflected or disclosed in the Financial Statements, the Closing Statement, or this Agreement; or (d) performance obligations that exist under executory Contracts (other than as a result of a breach or default).

  • No XXXX Entity has offered any material rebates to any of its Material Customers which will apply at any time after the Closing, other than in the Ordinary Course of Business or to the extent reflected in the Financial Statements.


More Definitions of Ordinary Course

Ordinary Course means, with respect to an action taken by a Party or its Subsidiary, that such action is consistent with the past practices of such Party or such Subsidiary and is taken in the ordinary course of the normal day-to-day operations of the business of such Party or such Subsidiary.
Ordinary Course means, with respect to an action taken by any Person, that such action is consistent with the ordinary course of business and past practices of such Person.
Ordinary Course or "ordinary course of business" means the ordinary course of business that is consistent with past practices.
Ordinary Course means, with respect to an action taken or to be 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, with respect to an action taken by any Person, an action that is materially (a) consistent in nature, scope and magnitude with the past practices of such Person and is taken in the ordinary course of the normal operations of such Person or (b) similar in nature, scope and magnitude to actions customarily taken, without any separate or special authorization, in the ordinary course of the normal operations of other Persons that are in the same size and line of business as such Person.