Define: General Expenses

How is General Expenses defined in a legal contract?

• General Expenses means the direct and indirect expenditures related to producing and selling goods for export. This does not include costs and expenses detailed in [clause]. Seen in 11 SEC filings.
• General Expenses means the operational or administrative expenses of [organization] which can be reimbursed by [organization] to the [organization], but excludes [internal costs]. Seen in 9 SEC filings.
• General Expenses means any costs incurred by [organization], other than investment costs, carrying cost or indemnification obligations. This can include, but not limited to, organizational expenses; routine administrative costs, which can include salaries, employee benefit costs, consultant fees and maintenance Expenses. Seen in 4 SEC filings.
• General Expenses means various costs such as assessment fees, waste disposal fees, labor costs, administrative fees, audit charges, and other general costs related to [organization]. Seen in 3 SEC filings.
• General Expenses means the costs incurred by managers in providing services to the owners, including postage, reasonable travel expenses, administrative expenses and other out-of-pocket expenditures, as detailed in [appendix]. Seen in 2 SEC filings.
• General Expenses means the fees charged by an investment bank in relation to a [transaction], amounting to a certain percentage of the [consideration]. Seen in 2 SEC filings.

Please note that these are general definitions and the specifics could change based on the context of the legal contract or document being referred to.

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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

• General Expenses means direct or indirect costs incurred by an [organization], excluding specific exceptions, related to operational or administrative activities.

Relevant Contract Types

• Service Level Agreement
• Business Partnership Agreement
• Employment Contract

Relevant Circumstances

• Setting up a new organization or partnership
• Recruiting new employees
• Negotiating service agreements

Relevant Sectors

• Manufacturing Sector
• Retail Sector
• Information Technology Sector

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Genie Definition 2

• General Expenses means disbursements in providing services, including out-of-pocket expenditures, administrative, and travel expenses.

Relevant Contract Types

• Consultancy Agreement
• Freelance Contract

Relevant Circumstances

• Hiring consultants or freelancers
• Organizing business trips

Relevant Sectors

• Consulting Sector
• Creative Industries

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Genie Definition 3

• General Expenses means charges by [entity] involved in significant business transformations, determined by a percentage of the [consideration].

Relevant Contract Types

• Merger and Acquisition Agreement

Relevant Circumstances

• Undertaking mergers or acquisitions

Relevant Sectors

• Finance sector
• Real Estate

Genie Definition 4

• General Expenses means various common fees such as assessment, waste disposal, labor costs, administrative charges, and audit fees.

Relevant Contract Types

• Property Management Agreement
• Commercial Lease Agreement

Relevant Circumstances

• Managing a property
• Setting up a commercial lease

Relevant Sectors

• Real Estate
• Property Management

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