Define: Private Parties

How is Private Parties defined in a legal contract?

• Private Parties means entities and bodies established under the law, specifically including companies, firms, business associations, non-profit organisations and other legal persons that are not covered by a specified point. Seen in 18 SEC filings.
• Private Parties means, collectively, the named plaintiffs in civil actions excluding some parties, and the named plaintiffs in their respective representative capacities in each of the class actions. Seen in 6 SEC filings.
• Private Parties means entities and bodies established under the law of a state, especially companies, firms, business associations, non-profit organisations, and other legal persons governed by private law, which do not fall under a specified article. Seen in 5 SEC filings.
• Private Parties means the named plaintiffs individually and in their respective representative capacities in each of the civil actions, the class, and some other parties. Seen in 2 SEC filings.
• Private Parties means any individual or outside of government. Seen in 1 SEC filing.
• Private Parties means such parties that are not government parties and includes partner 1 and its subsidiaries and holding company. Seen in 1 SEC filing.
• Private Parties means any person or party that is not working for a government or government-controlled entity. 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 private parties' 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

Private Parties means any individual or entities established under any law, not working for a government entity.

Relevant Contract Types

• Sales Contract
• Partnership Agreement
• Non-Disclosure Agreement (NDA)
• Lease Agreement
• Service Agreement
• Employment Contract

Relevant Circumstances

• When initiating a business agreement between non-government entities.
• When entering into a transaction for the sale or purchase of goods and/or services.
• In the case of a dispute or legal proceedings between non-government entities.

Relevant Sectors

• Real Estate
• Information Technology
• E-commerce
• Healthcare
• Finance

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Genie Definition 2

Private Parties means named plaintiffs in civil actions, either individually or in their representative capacities.

Relevant Contract Types

• Settlement Agreement
• Arbitration Agreement
• Class Action Agreement

Relevant Circumstances

• When planning legal actions or disputes as a group or named plaintiff against another party.
• When undergoing arbitration or mediation for civil disputes.
• In the case of a settlement discussion or negotiation.

Relevant Sectors

• Law
• Finance
• Health
• Technology

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