How is Commercial agriculture defined in a legal contract?
- Commercial agriculture means activities performed on specific lands that involve the production of crops or livestock for wholesale trade. This activity is no longer considered commercial agriculture if the area on which it is being conducted has been proposed for conversion to a non-agricultural use or has been idle for more than [number] years unless the idle land is registered in a federal or state soil conservation program, or unless the activity is the maintenance of irrigation or drainage ditches related to an existing and ongoing agricultural activity.
Seen in 19 SEC filings - Commercial agriculture means the production of livestock or agricultural commodities on specified lands, and the offering of these livestock and agricultural commodities for sale.
Seen in 12 SEC filings - Commercial agriculture means the use of land for growing crops like hay, grain, or raising livestock for profit. Note, a non-agricultural lease (like a hunting rights lease) is not a valid basis for obtaining a landowner or tenant permit.
Seen in 4 SEC filings - Commercial agriculture means the growing of crops for food or fiber, or grazing or raising of livestock with the intent to sell the products for profit. Commercial agriculture does not include crops or agriculture grown for personal consumption or equestrian uses.
Seen in 2 SEC filings - Commercial agriculture means the production of crops for sale, crops intended for widespread distribution, and non-food crops like hay and lavender. It also includes livestock production and livestock grazing. Commercial agriculture does not include crops grown for household consumption.
Seen in 2 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 commercial agriculture’ 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
Commercial Agriculture means conducting activities on specified lands, including crop production, livestock rearing, or both, for the express purpose of wholesale trade or profitable sale.
Relevant Contract Types
Relevant Circumstances
- Large scale agriculture projects
- A business intending to lease land for agricultural production.
- A landowner wanting to lease land for commercial agricultural operations.
- Agricultural collaborations and partnerships wanting to share the output.
- Agricultural businesses in need of a supply of specific agricultural goods.
Relevant Sectors
Genie Definition 2
Commercial Agriculture means the existing ongoing agricultural activity related to the maintenance of irrigation or drainage systems on idle lands registered under a recognized soil conservation program.
Relevant Contract Types
Relevant Circumstances
- Organizations or landowners looking for conservation efforts in agricultural lands.
- Landowners wanting to register their idle lands under soil conservation programs.
Relevant Sectors
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Commercial Agriculture means conducting activities on specified lands, including crop production, livestock rearing, or both, for the express purpose of wholesale trade or profitable sale
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