How is Market Vendor defined in a legal contract?
- Market Vendor means a provider with comparable service levels and performance standards to the services agreed upon in the contract, who offers a similar legal service to the client for a period of no less than a [number] of months, with the capability to supply at least a [number] percentage of the client's additional modem requirements over such period. Seen in 3 SEC filings
- Market Vendor means a person or a business entity renting a space and selling items in a municipally operated market. 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 market vendor' 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
- Market Vendor means a provider offering similar, legal services, within an agreed service level, for a period set out in the contract.
Relevant Contract Types
Relevant Circumstances
- When a business is seeking external services
- Building and maintaining relationship with service providers
- Setting and managing performance expectations
Relevant Sectors
Genie Definition 2
- Market Vendor means an individual or business renting space and selling products at a designated public market.
Relevant Contract Types
Relevant Circumstances
- When individuals or businesses are renting space in a market
- Setting terms for selling goods in a market
- Formalizing the relationship between the market operator and vendor
Relevant Sectors
Are you creating, reviewing or negotiating a document?
🚀 Try our AI Legal Assistant! It can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)
Market Vendor means a provider offering similar, legal services, within an agreed service level, for a period set out in the contract
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