How is Business Premise defined in a legal contract?
- Business Premise means a part of a building that is owned, leased or rented by a person or persons for conducting a business. Seen in 2 SEC filings
- Business Premise means a shop or business that operates from a fixed and permanent location. Seen in 1 SEC filing
- Business Premise means a part of a building or structure that is owned, leased or rented by a person or persons to conduct a business or operate a non-profit [organization]. 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 business premise' 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
- Business Premise means a location secured by organization, operating a business or non-profit entity.
Relevant Contract Types
Relevant Circumstances
- Establishing a new outlet or branch.
- Completely transferring business operations to a new location.
- Launching a new franchise.
Relevant Sectors
Genie Definition 2
- Business Premise means a fixed and permanent operation site, housing a business or non-profit entity.
Relevant Contract Types
Relevant Circumstances
- Employment of personnel who need to operate from the business premise.
- Engaging service providers who need to work at the business premise.
- Engaging consultants who need to evaluate or work from the business premise.
Relevant Sectors
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Business Premise means a location secured by [organization] (owned, leased or rented), operating a business or non-profit entity
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