How is Fleet Owner defined in a legal contract?
- Fleet Owner means the individual or entity listed as the owner or lessee of a vehicle by a Department of Motor Vehicles or equivalent authority
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 fleet owner' yourself to verify these results. We are always keen to point people to source documents.
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.
Genie Definition 1
- Fleet Owner means the individual or entity listed as the owner or lessee of a vehicle by a Department of Motor Vehicles or equivalent authority, as shown on the vehicle registration document carried within the vehicle. Seen in 22 SEC filings.
Relevant Contract Types
Relevant Circumstances
- When a fleet of vehicles is being leased or purchased for commercial purposes.
- When establishing responsibilities and rights of fleet owners in relation to the commercial operation of a fleet of vehicles.
- When outlining terms and conditions of motor carrier service duties.
Relevant Sectors
Genie Definition 2
- Fleet Owner means an individual or entity who buys or leases vehicles for business use. Seen in 13 SEC filings.
Relevant Contract Types
Relevant Circumstances
- When a company is buying or leasing vehicles to support their business operations.
- When creating a commercial vehicle purchase or leasing contract specifying the ownership details.
Relevant Sectors
Are you creating, reviewing or negotiating a document?
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Fleet Owner means the individual or entity listed as the owner or lessee of a vehicle by a Department of Motor Vehicles or equivalent authority, as shown on the vehicle registration document carried within the vehicle.Seen in 22 SEC filings
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