Define: Mutually Agreed

How is Mutually Agreed defined in a legal contract?

• Mutually Agreed means it is a decision made with the consent of two involved parties, documented in written form. Seen in 7 SEC filings.
• Mutually Agreed means that the designated representatives of two parties agree on a planned action, which is documented in writing. Seen in 5 SEC filings.
• Mutually Agreed means it is a consensus between the employer and majority of employees directly affected at the workplace, or between the employer and an individual employee who is directly affected. Seen in 4 SEC filings.
• Mutually Agreed means real agreement and does not imply conflict resolution through arbitration. Seen in 3 SEC filings.
• Mutually Agreed means that the amount of funds to be released must have the consent of the relevant parties before the end of each month. The agreed amount to be advanced by the [organization] for each month is paid via wire transfer or other immediately available funds at least three days prior to the first day of that month. Seen in 2 SEC filings.

Please note that these definitions are made for legal contracts and may vary depending on the context of the document or contract where it is used.

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 mutually agreed' 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

• Mutually Agreed means a decision reached in writing with consent between all involved parties.

Relevant Contract Types

• Joint Venture Agreement
• Partnership Agreement
• Non-Disclosure Agreement

Relevant Circumstances

• When negotiating terms and conditions
• When resolving disputes
• When defining responsibilities and roles

Relevant Sectors

• Real Estate
• Finance
• Technology

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Genie Definition 2

• Mutually Agreed means a written agreement on action between designated representatives of involved parties.

Relevant Contract Types

• Services Agreement
• Employment Contract
• Supply Agreement

Relevant Circumstances

• When designating authority and delegating tasks
• When establishing operational procedures
• When outlining a proposed action plan

Relevant Sectors

• Manufacturing
• Healthcare
• Consulting

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