How is Geographical Area defined in a legal contract?
- Geographical Area means the spaces that a vehicle can traverse via water, including the processes of loading and unloading the vehicle. Seen in 27 SEC filings.
- Geographical Area means a space covering all or some of a member state's territory or extending across part or all the territories of various member states. Seen in 21 SEC filings.
- Geographical Area means a region located within a certain radius of a facility for which an employee has management responsibility during their employment. Seen in 11 SEC filings.
- Geographical Area means a collective of counties, basic trading areas, provinces, or governmental subdivisions domestically or internationally, where a company or its subsidiary is engaged in business at the time of the executive's employment termination. Seen in 10 SEC filings.
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
Geographical Area means a predefined, specific space encompassing territories, including those traversed by vehicles.
Relevant Contract Types
Relevant Circumstances
- International trading
- Shipment and delivery of goods
- Maritime transport services
Relevant Sectors
Genie Definition 2
Geographical Area means regions within a certain radius of a given facility during [employee]'s employment period.
Relevant Contract Types
Relevant Circumstances
- Employment and staff management
- Confidentiality and non-compete clauses
Relevant Sectors
Genie Definition 3
Geographical Area means international or domestic sections where [organization] conducts business at the point of [employee]'s departure.
Relevant Contract Types
Relevant Circumstances
- Business partnerships and alliances
- Business expansion or diversification
Relevant Sectors
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Geographical Area means a predefined, specific space encompassing territories, including those traversed by vehicles.
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