Define: Raw Materials

How is Raw Materials defined in a legal contract?

• Raw Materials means goods, excluding equipment and machinery, bought with the intention of using them in the creation of a product. Seen in 32 SEC filings.
• Raw Materials means the ingredients, components, and packaging that are necessary and used to manufacture and package a product. Seen in 27 SEC filings.
• Raw Materials means any items or supplies consumed in the creation of products intended for sale by the loan parties in the ordinary course of business. Seen in 25 SEC filings.
• Raw Materials means all ingredients, solvents, consumables, and other components of a product that's required for the manufacturing process or services. Seen in 21 SEC filings.
• Raw Materials means all raw materials, supplies, components, and packaging necessary to process and deliver a product. Seen in 20 SEC filings.
• Raw Materials means all raw materials, supplies, components, and packaging, excluding API, needed for manufacturing, packaging, and shipping a product. Seen in 19 SEC filings.
• Raw Materials means necessary materials, supplies, components, and packaging for manufacturing and shipping a product, excluding materials supplied by clients. Seen in 17 SEC filings.
• Raw Materials means all necessary materials, supplies, components and packaging for manufacturing and shipping a product, excluding the API. Seen in 13 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 raw materials' yourself to verify these results. We are always keen to point people to source documents.

‍

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

• Raw Materials means the necessary goods, excluding equipment or machinery, used for creating a product.

Relevant Contract Types

• Supply Contracts
• Manufacturing Contracts
• Purchase Agreements

Relevant Circumstances

• Procurement of manufacturing ingredients or parts
• Governance of supplier-manufacturer relationships
• Regulation of buying and selling products

Relevant Sectors

• Manufacturing
• Retail
• Automotive

‍

Genie Definition 2

• Raw Materials means necessary items, components, or packaging used in the manufacturing and delivery of a product, excluding client provided supplies.

Relevant Contract Types

• Service Agreements
• Logistics Contracts
• Production Agreements

Relevant Circumstances

• Production of consumer goods
• Transporting or delivering products
• Providing services related to the manufacture or delivery of goods

Relevant Sectors

• Logistics
• Consumer Goods
• E-commerce

‍