Ordinary Course of Business definition

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 of Business means the ordinary course of business of the Company, consistent with past practice.

Ordinary Course of Business means, with respect to any Person, actions that are consistent in all material respects with the past practices of such Person, taken in the ordinary course of the normal day-to-day operations of such Person.

Examples of Ordinary Course of Business in a sentence

As of the Closing Date, the World Reach Companies have operated the Business in the Ordinary Course of Business in all material respects and there has not been, with respect to the Business, any event or circumstance that, individually or in the aggregate, has had as of the Closing Date or is reasonably expected to have after the Closing Date a Material Adverse Effect.
Subject to Purchaser’s obligation to cause the World Reach Companies to act in the Ordinary Course of Business to collect the Pre-Closing Receivables, Purchaser shall have no liability to Sellers for failure to collect any Eligible Collections, Sellers’ sole remedy being to terminate the foregoing delegation of collection responsibility.
No power of attorney that is currently in effect has been granted by the World Reach Companies with respect to the Business or the Assets (other than powers of attorney granted in the Ordinary Course of Business, such as to a payroll provider).
The World Reach Companies are not a party to any Tax allocation, Tax sharing or Tax indemnification agreement other than any such agreement entered into in the Ordinary Course of Business (such as a loan or a lease) the primary purpose of which is unrelated to Taxes.
Purchaser shall, and shall cause the World Reach Companies to, discharge this responsibility on Sellers’ behalf using their respective commercially reasonable efforts and, with respect to the World Reach Companies, in the Ordinary Course of Business.

Ordinary Course of Business means, in respect of any transaction involving any Person, the ordinary course of such Person’s business, as conducted by any such Person in accordance with past practice and undertaken by such Person in good faith and not for purposes of evading any covenant or restriction in any Loan Document.

Ordinary Course of Business means an action taken by a Person only if such action is taken in the ordinary course of the normal day-to-day operations of such Person.

Ordinary Course of Business means the ordinary and usual course of day-to-day operations of the business of the Company through the Closing Date consistent with past custom and practice (including with respect to quantity and frequency).

Ordinary Course of Business an action taken by a Person will be deemed to have been taken in the “Ordinary Course of Business” only if:

Ordinary Course of Business means the usual transactions, customs and practices undertaken by the Company to conduct its business operations and activities and includes all such activities which the company can undertake as per Memorandum & Articles of Association. The Board and Audit Committee may lay down the principles for determining ordinary course of business in accordance with the statutory requirements and other industry practices and guidelines.

Ordinary Course of Business means the ordinary course of business consistent with Seller’s past custom and practice for the Business, taking into account the facts and circumstances in existence from time to time.