Examples of Ordinary Course Contracts in a sentence

For the avoidance of doubt, the GE Ordinary Course Contracts shall be assumed pursuant to the Plan.
Sellers shall use commercially reasonable efforts to give prompt Notice to Buyer of the execution of any Ordinary Course Contract and, upon the request of Buyer to make available to Buyer copies of any such Ordinary Course Contracts.
I believe that the relief requested in the Ordinary Course Contracts Motion is in the best interests of the Debtors’ estates, their creditors, and all other parties in interest and constitutes a critical element in achieving a successful and smooth transition to chapter 11.
Accordingly, on behalf of the Debtors, I respectfully submit that the Ordinary Course Contracts Motion should be granted.ix.
From time to time after the date hereof and prior to the Closing, (i) Buyer may remove Contracts, other than Ordinary Course Contracts, from the list of Assumed Contracts, (ii) Buyer and the Company, by mutual agreement, may add Contracts to the list of Assumed Contracts, and (iii) Buyer, in its sole discretion, may add to the list of Assumed Contracts any material Contract the existence and terms of which were not disclosed to Buyer in reasonable detail prior to the Agreement Date.

More Definitions of Ordinary Course Contracts

Ordinary Course Contracts means contracts entered into in the Ordinary Course of Business that are cancelable by Seller (or its successor) without penalty to it on not more than 90 days' notice.

Ordinary Course Contracts means those contracts entered into in the ordinary course of business by the Seller until the Closing including trade payables, open purchase orders, and supplier agreements. The Material Contracts and Ordinary Course Contracts were negotiated at arms' length and in good faith by the Seller.

Ordinary Course Contracts has the meaning set forth in Section 3(h)(ii) below.

Ordinary Course Contracts. Section 3.15(h) “Outside Date” Section 7.1(b)(iii) “Parent” Preamble

Ordinary Course Contracts means the following Contracts: (a) standard, non-negotiated shrink-wrap, click-wrap or similar Contracts provided in connection with commercially available “off-the-shelf” technology (including technology offered on a SaaS, PaaS, or IaaS or similar basis and Software available through retail stores, distribution networks or that is pre-installed as a standard part of hardware purchased by the Company) for an annual license fee of less than one hundred thousand US dollars ($100,000), (b) customary non-disclosure agreements that have been entered into in the ordinary course of business that do not include a license in favor of any third party, and interest in and to developments to and for the sole benefit of the Group Companies, and (c) non-exclusive licenses or grants of rights relating to or agreeing to provide any Company Products pursuant to a Standard Form or other license agreement that does not materially deviate from the allocation of Intellectual Property rights in the Standard Form.

Ordinary Course Contracts means those contracts of the Company or its Subsidiaries (A) that are entered into in the ordinary course of business, consistent with past practice, (B) that would otherwise be required to be, or is, set out in Section 3.01(i) of the Disclosure Letter by virtue of Section 3.01(i)(xiv) hereof, and (C) whose subject matter encompasses primarily any of the following: cell phone service, uniforms/linens, maintenance (i.e., landscaping, window cleaning, cleaning supplies, dishwashers, and cleaning crew), music/tv/satellite service, credit card/merchant services, food products/condiments/paper supplies, trash collection/removal, security, marketing/advertising/billboards, banking services/brinks (excluding lending and related items), CO2 contracts, office supplies/copying, and telecommunications.