Define: Date of Purchase

How is Date of Purchase defined in a legal contract?

• Date of Purchase means the indicated date found on the original bill of sale or receipted invoice for the product bought from the distributor or, if neither is available, the date indicated on the product activation certificate. Seen in 11 SEC filings
• Date of Purchase means the date when a person makes a payment for a poll. Seen in 8 SEC filings
• Date of Purchase means the date at which the transaction is posted on the card account, not necessarily the date on which the transaction is actually performed by the customer. Seen in 8 SEC filings
• Date of Purchase means the date designated as such in the first paragraph of this agreement. Seen in 6 SEC filings
• Date of Purchase means the date as provided on the application for the certificate of title. Seen in 3 SEC filings
• Date of Purchase means the date when you bought the product from the reseller, as indicated on the original bill of sale or receipted invoice. If we are unable to verify the date of purchase to our satisfaction, it will be deemed to be the date that is 3 months after the date of manufacture. Seen in 3 SEC filings
• Date of Purchase means the day a purchaser purchases all or part of the assets. Seen in 3 SEC filings

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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

• Date of Purchase means the date on the original bill, receipted invoice or product activation certificate.

Relevant Contract Types

• Purchase Agreement Contract
• Sales Contract
• Supply Contract

Relevant Circumstances

• Purchase of goods or services
• Sale of goods or services

Relevant Sectors

• Retail
• E-commerce
• Manufacturing

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Genie Definition 2

• Date of Purchase means the posted date of the transaction on the [account].

Relevant Contract Types

• Credit Card Agreement
• Bank Account Agreement

Relevant Circumstances

• Bank account transactions
• Credit card purchases

Relevant Sectors

• Banking
• Financial Services

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Genie Definition 3

• Date of Purchase means the designated date in the [agreement].

Relevant Contract Types

• Purchase Agreement Contract
• Sales Contract

Relevant Circumstances

• Acquisition of goods or services
• Sale of goods or services

Relevant Sectors

• Legal

Genie Definition 4

• Date of Purchase means the date noted on the [title certificate].

Relevant Contract Types

• Vehicle Purchase Agreement
• Property Deed

Relevant Circumstances

• Purchase of a new vehicle
• Sale of a property

Relevant Sectors

• Automotive
• Real Estate

Genie Definition 5

• Date of Purchase means the day when [asset] was acquired.

Relevant Contract Types

• Asset Purchase Agreement
• Buy-Sell Agreement

Relevant Circumstances

• Acquisition of assets

Relevant Sectors

• Financial Services

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