Define: Commercial Rates

How is Commercial Rates defined in a legal contract?

• Commercial Rates means the charges applied by a particular entity for the provision of a variety of services, with a current list of these rates available upon request and subject to annual adjustments. Seen in 4 SEC filings
• Commercial Rates means the standard rental rates applicable for leasing certain assets for a specified financial year, established according to a particular methodology which includes relevant market benchmarks and approved by a relevant authority. Seen in 2 SEC filings
• Commercial Rates means the charges imposed on commercial properties by local authorities and labelled as a certain component in an official document. Seen in 1 SEC filing
• Commercial Rates means the rates charged to non-residential customers, which may vary based on the customer's size or service type. Seen in 1 SEC filing
• Commercial Rates means the rates which could reasonably be expected to be charged by a service provider to a client when dealing at arm's length. 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 commercial rates' 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

• Commercial Rates means the standardized charges imposed by [entity] for services or leasing assets.

Relevant Contract Types

• Service Level Agreement (SLA)
• Commercial Lease Agreement
• Asset Lease Agreement

Relevant Circumstances

• When contracting with a third-party entity for provision of services
• When leasing assets or properties from another party
• When setting up commercial operations requiring proprietary services or asset leasing

Relevant Sectors

• Professional Services
• Real Estate
• Retail

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Genie Definition 2

• Commercial Rates means the charges applied to commercial properties by local authorities, set by official documentation.

Relevant Contract Types

• Commercial Property Lease Agreement

Relevant Circumstances

• When leasing commercial property located in a jurisdiction with specified property rates

Relevant Sectors

• Real Estate
• Retail
• Hospitality

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