How is Customs Area defined in a legal contract?
- Customs Area means the designated region at a customs station where imported goods or goods for export are typically held before being cleared by customs authorities. Seen in 50 SEC filings.
- Customs Area means any location specified by an authorized individual for the deposit of goods under Customs control. Seen in 11 SEC filings.
- Customs Area means any location designated as such. Seen in 9 SEC filings.
- Customs Area means any place appointed for conducting customs operations, including areas assigned for the deposit of goods under customs control. Seen in 7 SEC filings.
- Customs Area means an area licensed by a competent authority for the execution of explicit customs operations. Seen in 5 SEC filings.
- Customs Area means the designated customs zone as prescribed by an authoritative body. Seen in 4 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 customs area' 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
Customs Area means the designated region where goods are stored before customs clearance.
Relevant Contract Type
- International Trade Agreements
- Customs Brokerage Agreements
- Import/Export Contracts
- Supply Chain Contracts
Relevant Circumstances
- When imported or exported goods are awaiting clearance
- When defining boundaries of customs control
- When specifying areas for storage of goods under customs control
Relevant Sectors
Genie Definition 2
Customs Area means any location specified by an authority for the deposit of goods under customs control.
Relevant Contract Type
Relevant Circumstances
- When authorizing areas for deposit of goods under customs control
- When distinguishing areas for customs operations
Relevant Sectors
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Customs Area means the designated region where goods are stored before customs clearance.
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