How is ‘Corrective Measures’ defined in a legal contract?
- Corrective measures means actions taken to rectify significant irregularities or to address leakages to prevent or halt the release of CO2 from the storage complex.
Seen in 23 SEC filings - Corrective measures means a last resort measure taken based on all [organization] decision with the aim to allow restoring suitable scalability.
Seen in 4 SEC filings - Corrective measures means all necessary actions taken to protect human health and the environment against all releases of hazardous waste from any [organization] or [unit].
Seen in 4 SEC filings - Corrective measures means any measures, changes or corrections deemed necessary to eliminate all defects on the Equipment or on the Parts produced by the Equipment.
Seen in 3 SEC filings - Corrective measures means actions that include a series of required activities or limitations of activities developed in collaboration with a provider for systemic failures to comply with regulations, standards, policies, rules and mandates.
Seen in 3 SEC filings - Corrective measures means activities that are performed to remove, remediate, prevent, minimize, or mitigate a release of hazardous waste at the site.
Seen in 2 SEC filings - Corrective measures means appropriate actions taken by a property owner to maintain a fully functional sewer lateral. Such measures may include, but are not limited to, video inspection, a program of scheduled cleaning, repair or replacement of a private lateral.
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 corrective measures’ 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
Corrective measures means actions implemented to rectify significant anomalies, ensuring system integrity and preventing negative environmental impact.
Relevant Contract Types
Relevant Circumstances
- In context of acknowledged major operational issues or system flaws
- Addressing potential environmental hazards
- Compliance with environmental regulations or standards
Relevant Sectors
Genie Definition 2
Corrective measures means the necessary steps taken, including equipment repair and replacement, to eliminate defects and maintain full functionality.
Relevant Contract Types
Relevant Circumstances
- In response to faulty or malfunctioning equipment or machinery
- As a part of preventative or scheduled maintenance operations
- In the event of non-compliance with quality or performance standards
Relevant Sectors
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Corrective measures means actions implemented to rectify significant anomalies, ensuring system integrity and preventing negative environmental impact
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