How is Acts or Omissions defined in a legal contract?
- Acts or Omissions means anything done, not done, or missed by the Beneficiary while exercising the authorities, powers, and discretions vested in the Beneficiary by this Deed.
Seen in 5 SEC filings - Acts or Omissions means patterns of unsafe behavior, nursing practice deficits, or failure to comply with acceptable standards of nursing practice.
Seen in 4 SEC filings - Acts or Omissions means actions or lack thereof that arise from or are related to the duties of an Indemnified Party as a director or officer, whether before, at, or after a certain time period.
Seen in 2 SEC filings - Acts or Omissions means the significant active and direct participation by a Party in conduct that resulted in a particular outcome, excluding the approvals, non-approvals, or rejections of budgets, business plans, and other corporate plans.
Seen in 1 SEC filing - Acts or Omissions means an act or omission which has caused an injury for which damages are sought or have been awarded.
Seen in 1 SEC filing - Acts or Omissions means all forms of actions or failures to act, including those that constitute deliberate indifference, mistake, error, negligence, breach of contractual obligations, or other actionable conduct.
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 acts or omissions’ 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
- Acts or Omissions means any action or neglect in exercising vested authority, inducing consequences or injuries.
Relevant Contract Types
Relevant Circumstances
- Legal disputes or claims
- Conflict resolution
- Professional misconduct issues
Relevant Sectors
Genie Definition 2
- Acts or Omissions means failure to adhere to standards, resulting in unsafe behavior or practice deficits.
Relevant Contract Types
Relevant Circumstances
- Occupational safety and health concerns
- Quality assurance issues
- Compliance with industry standards
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!)
Acts or Omissions means any action or neglect in exercising vested authority, inducing consequences or injuries.
Download our whitepaper on the future of AI in Legal
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Book your personalised demo now
