Define: Illegal Activities

How is Illegal Activities defined in a legal contract?

• Illegal Activities means actions carried out for unlawful purposes, such as tax evasion, fraud, corruption, coercion, collusion, obstruction, money laundering, financing of terrorism, organized crime, or any activity that may affect the financial interests according to applicable laws.
  Seen in 20 SEC filings
• Illegal Activities means activities including but not limited to terrorism, drug trafficking, money laundering, receiving proceeds from criminal activities or trading with embargoed countries. This is valid anywhere in the world.
  Seen in 6 SEC filings
• Illegal Activities means activities that violate the public health, safety, or welfare regulations.
  Seen in 5 SEC filings
• Illegal Activities means offenses such as theft, computer hacking, malware distribution, violation of copyrights and patents, usage of illegal or unlicensed software or services, and activities that contradict data protection regulations.
  Seen in 3 SEC filings
• Illegal Activities means actions executed for illegal purposes such as fraud, corruption, coercion, collusion, obstruction, money laundering, financing of terrorism or any activity adversely affecting the financial interests as per applicable laws.
  Seen in 3 SEC filings
• Illegal Activities means a range of illegal activities or those pursued for illegal purposes, violating laws in areas such as fraud, corruption, coercion, collusion, obstruction, money laundering, financing of terrorism, tax crimes or any other activity affecting the finances of the relevant [organization].
  Seen in 3 SEC filings

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 illegal activities’ 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

• Illegal Activities means: Actions performed for unlawful aims, breaching public safety, welfare regulations, or infringing [governing law].

Relevant Contract Types

• Employment Contract
• Independent Contractor Agreement
• Non-Disclosure Agreement
• Joint Venture Agreement

Relevant Circumstances

• Setting up policies and standards in an organization.
• Establishing a business partnership.
• Engaging new employees or independent contractors.
• When sharing sensitive data or information.

Relevant Sectors

• Technology
• Healthcare
• Finance
• Education

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Genie Definition 2

• Illegal Activities means: Offenses including tax evasion, corruption, organized crime, and other violations directly affecting [organization's] financial interests.

Relevant Contract Types

• Business Purchase Agreement
• Investment Agreement
• Supplier Agreement
• Loan Agreement

Relevant Circumstances

• Mergers and acquisitions.
• Setting up investment terms with a financial institution.
• Establishing terms with suppliers.
• Borrowing or lending money.

Relevant Sectors

• Real Estate
• Banking
• Construction
• Retail

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