Ordinary Course of the Business definition

Ordinary Course of the Business means the usual and ordinary operation of the Business consistent with past practice.
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Ordinary Course of the Business means a manner generally consistent with past business practices as evidenced by historical events, trends and customary approach.
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Ordinary Course of the Business means the ordinary course of the Business consistent with past practice (including recent past practice in light of COVID-19, and any action taken, or omitted to be taken, that relates to or arises out of COVID-19 that is reasonable and prudent from a business perspective at the time so taken or omitted shall be deemed to be in the ordinary course of Business).
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Examples of Ordinary Course of the Business in a sentence

  • All Related Party Transactions entered during the year were in Ordinary Course of the Business and on Arm’s Length basis.

  • All Related Party Transactions entered during the year were in Ordinary Course of the Business and on Arm's Length basis.

  • All Related Party Transactions entered during the year were in Ordinary Course of the Business and at Arm's Length basis.

  • Prior omnibus approval of the Audit Committee is obtained on an annual basis, which is reviewed and updated on quarterly basis.All Related Party Transactions entered during the year were in Ordinary Course of the Business and on Arm's Length basis.

  • The statement giving details of all related party transactions entered into pursuant to the omnibus approval together with relevant information are placed before the Audit Committee for review and updated on quarterly basis.All Related Party Transactions entered during the year were in Ordinary Course of the Business and at Arm’s Length basis.

  • PARTICULARS OF CONTRACTS OR ARRANGEMENTS WITH RELATED PARTIES: All Related Policy Transactions entered during the year were in Ordinary Course of the Business and on Arm’s Length basis.

  • All Related Party Transactions entered during the year were in Ordinary Course of the Business and at Arm’s Length basis.

  • All Related Party Transactions are subjected to independent review by a reputed accounting firm to establish compliance with the requirements of Related Party Transactions under the Companies Act, 2013 and Listing Regulations.All Related Party Transactions entered during the year were in Ordinary Course of the Business and on Arm’s Length basis.

  • The Board periodically reviews the risks and suggests steps to be taken to control and mitigate the same through a properly defined framework.PARTICULARS OF CONTRACTS OR ARRANGEMENTS WITH RELATED PARTIES REFERRED TO IN SECTION 188(1) OF THE COMPANIES ACT, 2013:All Related Party Transactions entered during the year were in Ordinary Course of the Business and on Arm's Length basis.

  • All Related Party Transactions are subjected to independent review by an Audit Committee to establish compliance with the requirements of Related Party Transactions under the Companies Act, 2013 and Listing Regulations.All Related Party Transactions entered during the year were in Ordinary Course of the Business and at Arm’s Length basis.


More Definitions of Ordinary Course of the Business

Ordinary Course of the Business means the regular performance or execution of those acts necessary and/or convenient for the proper and normal development of the Business consistent with the customs and practices of the Companies prior to the Signing Date.
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Related to Ordinary Course of the Business

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

  • the ordinary course of business means matters connected to the day-to- day supply of goods and/or services by the Target business or the Sony business and does not include matters involving significant changes to the organisational structure or related to the post-merger integration of the Target business and the Sony business;

  • Buyer in ordinary course of business means a person that buys goods in good faith, without knowledge that the sale violates the rights of another person in the goods, and in the ordinary course from a person, other than a pawnbroker, in the business of selling goods of that kind. A person buys goods in the ordinary course if the sale to the person comports with the usual or customary practices in the kind of business in which the seller is engaged or with the seller's own usual or customary practices. A person that sells oil, gas, or other minerals at the wellhead or minehead is a person in the business of selling goods of that kind. A buyer in ordinary course of business may buy for cash, by exchange of other property, or on secured or unsecured credit, and may acquire goods or documents of title under a preexisting contract for sale. Only a buyer that takes possession of the goods or has a right to recover the goods from the seller under article 2 may be a buyer in ordinary course of business. The term does not include a person that acquires goods in a transfer in bulk or as security for or in total or partial satisfaction of a money debt.

  • Lessee in ordinary course of business means a person who in good faith and without knowledge that the lease to him or her is in violation of the ownership rights or security interest or leasehold interest of a third party in the goods leases in ordinary course from a person in the business of selling or leasing goods of that kind but does not include a pawnbroker. "Leasing" may be for cash or by exchange of other property or on secured or unsecured credit and includes acquiring goods or documents of title under a pre-existing lease contract but does not include a transfer in bulk or as security for or in total or partial satisfaction of a money debt.

  • Ordinary Course means, with respect to an action taken by a Person, that the action is consistent with the past practices of the Person and is taken in the usual course of the normal day-to-day operations of the Person.

  • Past Practice means past practices, accounting methods, elections and conventions.

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Ordinary Course Transferees (i) with respect to goods only, buyers in the ordinary course of business and lessees in the ordinary course of business to the extent provided in Section 9-320(a) and 9-321 of the Uniform Commercial Code as in effect from time to time in the relevant jurisdiction, (ii) with respect to general intangibles only, licensees in the ordinary course of business to the extent provided in Section 9-321 of the Uniform Commercial Code as in effect from time to time in the relevant jurisdiction and (iii) any other Person who is entitled to take free of the Lien pursuant to the Uniform Commercial Code as in effect from time to time in the relevant jurisdiction.

  • Past Practices shall have the meaning set forth in Section 3.5.

  • Ordinary Course Professional Order means the Order Authorizing the Retention and Compensation of Certain Professionals Utilized in the Ordinary Course of Business [D.I. 765].

  • 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.

  • Subject Business means the policy or policies that are the subject of the Insurance Business Transfer Plan.

  • Water Course means a natural channel or an artificial channel formed by training or diversion of a natural channel meant for carrying storm and waste water.

  • Ordinary Course Professionals Order means the order entered by the Bankruptcy Court on November 4, 2005 authorizing the retention of professionals utilized by the Debtors in the ordinary course of business.

  • Payables Liabilities of a party arising from the borrowing of money or the incurring of obligations for services, merchandise or goods purchased.

  • Course of conduct means two or more acts, including, but not limited to, acts in which the stalker directly, indirectly, or through third parties, by any action, method, device, or means, follows, monitors, observes, surveils, threatens, or communicates to or about a person, or interferes with a person’s property.

  • Excluded Businesses means Business types which are excluded from application for an Inter-Community Business Licence and includes those Business types referred to in Schedule “A”.

  • Company Business means the business of the Company and its Subsidiaries as presently conducted.

  • Excluded Business has the meaning set forth in Section 6.10.

  • Approved course means a course that has been approved by the department for the training of lead professionals.

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Public business means and includes all matters which relate in any way, directly or indirectly, to the performance of the public body’s functions or the conduct of its business.

  • Course means classroom training delivered live either physically in person or virtually via the internet.

  • Parent Business shall have the meaning set forth in the Separation and Distribution Agreement.

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • course of study means any course of study, whether or not it is a sandwich course and whether or not a grant is made for attending or undertaking it;