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 or "ordinary course of business" means the ordinary course of business that is consistent with past practices.
Ordinary Course means, with respect to any Person, in the ordinary course of that Person’s business consistent with past practice, including as to the quantity, quality and frequency.
Examples of Ordinary Course in a sentence
Except as set forth on Schedule 4(w), no Target Company has any Liability or any other obligation of any nature whatsoever to any Related Party, except for employment-related Liabilities and obligations incurred in the Ordinary Course.
No Target Company has failed to exercise any right of renewal with respect to any Lease except in the Ordinary Course.
The tangible properties and tangible assets of each Target Company are in good and operable condition and repair in all material respects and are usable in the Ordinary Course.
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 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 ordinary course of business or ordinary trade activities that are customary for similar businesses in the normal course of their ordinary operations and not while in financial distress.
Ordinary Course means, when used with reference to the Company, the ordinary course of the Company's business, consistent with past practices.
Ordinary Course means the ordinary course of business of each Company, and of Seller in connection with each Company, consistent with past practice and custom.
Ordinary Course means, with respect to an action taken by a Person:
Ordinary Course means the ordinary course of business of Seller, consistent with past practice and custom (including with respect to quantity and frequency).