Common use of Operations in the Normal Course Clause in Contracts

Operations in the Normal Course. Each party covenants to operate its business in the ordinary course between the date hereof and the Closing Date, it being understood that such ordinary course of business will include purchases and sales of portfolio securities and the declaration and payment of customary distributions.

Operations in the Normal Course. Each party covenants to operate its business in the ordinary course between the date hereof and the Closing Effective Date, it being understood that such ordinary course of business will include purchases and sales of portfolio securities and the declaration and payment of customary dividends and other distributions.