Define: Provision of services

How is 'provision of services' defined in a legal contract?

• Provision of services means commercial activities where one party, known as the service provider, is obligated to provide a service and receive payment; the other party, known as the customer, is obligated to pay the service provider and use the service as agreed. Seen in 4 SEC filings
• Provision of services means the performance under a contract of various services, including construction or transportation services, or others prescribed by regulations. This definition applies where the contract's main purpose is the execution of those services. It includes conditions where goods may be provided under the contract. Seen in 1 SEC filing
• Provision of services means any contract that is not a sales contract, where the trader supplies or commits to supply a service to the consumer and, in exchange, the consumer pays or commits to pay the fee. Seen in 1 SEC filing
• Provision of services means the sale and supply of drinking water dispensers, which includes multi-functional taps, related parts, and after-sales services. Seen in 1 SEC filing

Please note that this list doesn't include all possible definitions, as definitions from specific organizations, locations, or containing sensitive details were excluded.

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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

• Provision of services means commercial or prescribed activities where a [service provider] provides a service, and a [customer] pays for it.

Relevant Contract Types

• Professional Services Agreement
• Consulting Services Agreement
• Software Development Agreement

Relevant Circumstances

• When a business needs third-party expertise or services.
• When two parties are entering a legally binding relationship for the delivery of specific services.

Relevant Sectors

• Information Technology
• Consulting
• Business Services

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Genie Definition 2

• Provision of services means a [trader] supplying a service that a [consumer] pays for, excluding sales contracts.

Relevant Contract Types

• Financial Services Agreement
• Service Level Agreement

Relevant Circumstances

• When a business offers a service to a consumer for a fee.
• When there is a need to measure the service quality, issue penalties for services not properly rendered, or provide specifics around services rendered.

Relevant Sectors

• Banking
• Retail

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Genie Definition 3

• Provision of services means the selling and supplying of specific goods, related parts, and after-sales support.

Relevant Contract Types

• Sales and Purchase Agreement
• Distribution Agreement

Relevant Circumstances

• When goods are sold and additional services are needed to support those goods.
• When a manufacturer or supplier appoints a distributor to sell its products.

Relevant Sectors

• Manufacturing
• Wholesale Trade

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