In the Ordinary Course of Business definition

In the Ordinary Course of Business means all such acts and transactions undertaken by the Company, including, but not limited to sale or purchase of goods, property or services, leases, transfers, providing of guarantees or collaterals, in the normal routine in managing trade or business and is not a standalone transaction. The Company should take into account the frequency of the activity and its continuity carried out in a normal organized manner for determination what is in the ordinary course business.

In the Ordinary Course of Business means all such acts and transactions undertaken by the Company,

In the Ordinary Course of Business with respect to any action, means such action is: (i) consistent with the recent past practices of such Person and is taken in the ordinary course of the normal day-to-day operations of such Person; and (ii) not required to be authorized by the board of directors of such Person;

Examples of In the Ordinary Course of Business in a sentence

• In addition to the foregoing: • In the Ordinary Course of Business, the Loan Party or any of the Loan Parties Subsidiaries’ sales representatives hold Trunk Inventory in their possession for sales calls and procedures, which Trunk Inventory is not held at a specific location or locations.

• In the Ordinary Course of Business" means all such acts and transactions undertaken by the Company, including, but not limited to sale or purchase of goods, property or services, leases, transfers, providing of gurantees or collaterals, in the normal routine in managing trade or business and is not standalone transaction.

• This declaration (the “Declaration”) is submitted in accordance with the Order Under Bankruptcy Code Sections 105(a), 327, 330, and 331 Authorizing Debtors to Employ and Pay Professionals Utilized In the Ordinary Course of Business [D.I. ] (the “OCPOrder”).

• In the Ordinary Course of Business, Hercules makes deposits as set forth in the Supplier Contracts and Leases.

• In the Ordinary Course of Business, the Seller permits Homeowners to enter and leave the Rental Home Operations program and takes no affirmative actions to enforce such Rental Home Agreements.

More Definitions of In the Ordinary Course of Business

In the Ordinary Course of Business means “in the ordinary course of business, consistent with past practice”.

In the Ordinary Course of Business means actions taken in the course of the normal day-to-day business activities of the Group Companies, past customs and business operations as consistently applied over the period of 12 months immediately preceding the date of this Agreement; and

In the Ordinary Course of Business means in the ordinary course of business of Borrower and the Subsidiaries and on ordinary business terms.

In the Ordinary Course of Business means and refers to the normal day-to-day operations of the business with respect to the particular Party, consistent with past practice of such Party, provided in any event such action is not unreasonable;

In the Ordinary Course of Business means the usual and necessary activities connected to the day-to-day conduct and maintenance of the business as a going concern and, for the avoidance of doubt, does not include one-off or infrequent transactions;

In the Ordinary Course of Business means in the ordinary course of business of the Companies.

In the Ordinary Course of Business means, with respect to any action, such action is consistent with the recent past practices of such Person and is taken in the ordinary course of operations of such Person and consistent with the General Budget and the relevant Development Budget, if any.