Define: Miscellaneous Receipts

How is Miscellaneous Receipts defined in a legal contract?

• Miscellaneous Receipts means payments related to initial or duplicate titling and registration, sales, use, property or other taxes including sales tax discounts or trade-in credits. These are collected by the [organization] and remitted to the applicable authority or are used to reimburse the [organization] for such payments, according to the policies in place. This also includes payments towards insurance policies purchased on behalf of any end user, collected and remitted to the applicable insurance company, and any payments allocated to fines for parking or moving violations or tolls incurred by the End User but assessed to the Trust as the owner of the related vehicle. Such amounts are collected by the [organization] and remitted to the relevant authority. Also included are rebates of insurance premiums with respect to cancellation of any insurance policy or service contracts and any payments related to service agreements between the end user and the [organization]. Seen in 2 SEC filings

As per our guide, definitions that explicitly state organizational names are omitted.

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 miscellaneous receipts' 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

• Miscellaneous Receipts means payments drawn from sales taxes, rebates, insurance, fines, tolls, and service agreements, collected and remitted by [organization].

Relevant Contract Types

• Service Agreement
• Sales Contract
• Insurance Contract
• Lease Agreement

Relevant Circumstances

• When the service provided results in miscellaneous fees.
• When the product sold results in miscellaneous taxes or duties.
• When insurance claims, premiums, fines, or rebates are involved.
• When leasing or renting, that often have additional costs involved.

Relevant Sectors

• Retail
• Services
• Insurance
• Real Estate

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Genie Definition 2

• Miscellaneous Receipts means reimbursing [currency] for costs collected by [organization], from policies or fines incurred by an end user.

Relevant Contract Type

• Insurance Contract
• Lease Agreement

Relevant Circumstances

• When reimbursements through insurance policies or fines are involved.
• When lease agreements contain clauses for fines and penalties.

Relevant Sectors

• Insurance
• Real Estate

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