Define: Ancillary Industry

How is Ancillary Industry defined in a legal contract?

• Ancillary Industry means an enterprise that is involved in creating components, sub-assemblies, tools, intermediates, or services. This industry is either currently involved in or plans to be involved in supplying not less than 50% of its products or services to one or more other industries. Seen in 7 SEC filings
• Ancillary Industry means an enterprise that is active in, or intends to get involved in, the production of parts, components, sub-assemblies, tools, or intermediates, or the provision of services. Seen in 1 SEC filing

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of ancillary industry' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

Ancillary Industry means an enterprise creating parts or services, and supplying at least half its output to other industries.

Relevant Contract Types

• Supply contracts
• Partnership agreements
• Manufacturing contracts
• Service level agreements

Relevant Circumstances

• Creating a new product line
• Engaging new service providers
• Forming partnerships with other businesses
• Negotiating new manufacturing agreements

Relevant Sectors

• Manufacturing
• Energy
• Technology
• Engineering

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