How is INTERPRISE defined in a legal contract?
- INTERPRISE means the entity with the right to purchase from [organization], at any time until [time], on [date], at a predetermined price per share, a specific number of fully paid and non-assessable shares of the organization (known as ""WARRANT SHARES""), as detailed herein, subject to adjustments as provided. Seen in 5 SEC filings.
Note: The provided definitions included specifics related to company, regional laws which had to be omitted as per the instructions. These definitions are made generic and suitable for use globally.
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 interprise' 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
INTERPRISE means the entity authorised to purchase specified shares of a designated [organization] within a set timeframe.
Relevant Contract Types
Relevant Circumstances
- When an entity is looking to acquire a stake in another company
- Corporate restructuring or mergers
Relevant Sectors
Genie Definition 2
INTERPRISE means an entity encompassing specified businesses under its umbrella as per the governing law of its foundation.
Relevant Contract Types
Relevant Circumstances
- Setting up a new business entity with multiple partners
- Formation or expansion of a franchisee network
Relevant Sectors
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INTERPRISE means the entity authorised to purchase specified shares of a designated [organization] within a set timeframe.
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