How is Industrial Purpose defined in a legal contract?
- Industrial Purpose means any purpose related to: manufacturing or fabrication, the use, distribution or sale of chemicals, the treatment of hazardous waste, the production or sale of petroleum, the servicing of vehicles, or research related to any previously mentioned activities. Exceptions include regular office use or any uses for normal agricultural activities. Seen in 7 SEC filings.
- Industrial Purpose means usage of a location, such as land or a workshop, for any kind of industrial activity, whether small, medium or large in scale. This includes tourism related industries. This definition does not include any land or premises used for a different purpose. Seen in 6 SEC filings.
- Industrial Purpose means the use of a building or structure for various activities such as the construction, manufacturing and storage of materials resulting in finished products or byproducts. Seen in 3 SEC filings.
- Industrial Purpose means the use of a location for any type of industrial activity, regardless of scale. This includes information technology industries but does not include commercial uses. Seen in 2 SEC filings.
- Industrial Purpose means the use of water as designated by regulations as water use for industrial purposes, not including water for other purposes. Seen in 2 SEC filings.
- Industrial Purpose means the execution of any process or method, including data processing, related to or in aid of various industrial activities. 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 industrial purpose' 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
- Industrial Purpose means the use of a location or resources for manufacturing, construction, research, or processing to create finished products excluding non-industrial activities.
Relevant Contract Types
- Lease Agreements
- Manufacturing Agreements
- Research and Development Agreements
- Supply Chain Contracts
- Service Level Agreements
Relevant Circumstances
- Establishing facilities for production or manufacturing
- Setting up research and development units
- Using a property for any industrial related activities
- Renting industrial spaces
Relevant Sectors
- Automotive Industry
- Aviation Industry
- Industrial Manufacturing & Services
- Chemical Processing
- Pharmaceuticals
Genie Definition 2
- Industrial Purpose means the regulated use of water for conducting industrial activities.
Relevant Contract Types
Relevant Circumstances
- Utilizing water resources in industrial processes
- Outlining terms for use of water in manufacturing facilities
Relevant Sectors
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Industrial Purpose means the use of a location or resources for manufacturing, construction, research, or processing to create finished products excluding non-industrial activities.
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