definiens: means the usual, regular and ordinary course of business of the Business, consistent with Seller 's past custom and practice, but only to the extent consistent with applicable law ; provided that a series of related transactions which taken together is not in the Ordinary Course of Business shall not be deemed to be in the Ordinary Course . of Business ; means all businesses conducted as of the Effective Date by the Seller and its Affiliates ( other than the Business ), including ( i ) the business of researching, developing, testing, manufacturing, selling, marketing and distributing API, ( ii ) the business of researching, developing, testing, manufacturing, selling, marketing and distributing oral pharmaceutical products anywhere in the world, ( iii ) the business of performing drug discovery, research, development work and/or manufacturing for Seller 's own requirements or a third party 's requirements with respect to NCE 's and/or NBE 's, and ( iv ) the business of ( 1 ) purchasing generic injectable pharmacel!tical products from one or more third parties for resale in the Excluded Countries and India pursuant to a supply agreement or toll manufacturing agreement and ( 2 ) selling, marketing or distributing such generic injectable pharmaceutical products in the Excluded Countries and India ; means any Real Property in which the Seller or any Affiliate of the Seller has a freehold title ( or equivalent ) interest ; means collectively the Seller, the Purchaser and, solely for the purposes of Clause 8.6.1 through and including Clause 8.6.4, KRR, and means each of them individually ; means ( a ) Encumbrances for Taxes not yet due and payable, or being contested in good faith, and for which appropriate reserves have been established in the Balance Sheet or since the date of the Balance Sheet, have been incurred in the Ordinary Course of Business, ( b ) Encumbrances in respect of property or assets imposed by law that were incurred in the Ordinary Course of Business, such as carriers ', warehousemen 's, materialmen 's and mechanics ' liens and other similar liens, ( c ) with respect to the Real Property, ( i ) reciprocal easement agreements, utility easements and other customary encumbrances on title, and ( ii ) zoning, ordinances, building codes, regulations and enactments of any Governmental Authority having jurisdiction over the Real Property ; provided, that such matters described in clauses ( i ) and ( ii ) do not, individually or in the aggregate, materially impair the present use of the Real Property in the operation of the Business or the value of the Real Property, affected thereby and ( d ) Encumbrances set forth on Schedule 1.1Cbl