Define: Lines of Business

How is Lines of Business defined in a legal contract?

• Lines of Business means the provision of specific services such as portrait photography through varying operations, the processing or developing of photographic film in relation to such services, and any other business areas that [organization] may engage in during the employment term. Seen in 20 SEC filings
• Lines of Business means any of the manufacturing, production, distribution, or sale of specific service equipment; the provision of other field services to people in specific industry; the manufacture, production, distribution, leasing or sale of any products for use in a certain industry; and the provision of other services and the sale of other goods related to any of the aforementioned services. Seen in 5 SEC filings
• Lines of Business means the operation, ownership, or management of telephone service providers or other similar entities, including but not limited to, any production, marketing, promoting or sales related to this. Seen in 3 SEC filings
• Lines of Business means production businesses such as building products, siding and windows businesses, and the electrical cable manufacturing business. Seen in 2 SEC filings
• Lines of Business means collectively, the delivery and arranging for delivery of behavioral health care services and substance abuse services, and the management and/or administration of the delivery of such behavioral health care services and substance abuse services. Seen in 2 SEC filings

Please note that definitions including specific location or organisational information, such as owning or managing specific named companies or organizations, have been omitted as they cannot be applied globally.

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 lines of business' yourself to verify these results. We are always keen to point people to source documents.

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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

Lines of Business means: The operation, management, or provision of distinct services or products by an [organization].

Relevant Contract Types

• Service Agreements
• Consultancy Contracts
• Partnership Agreements
• Joint Venture Agreements
• Franchise Contracts

Relevant Circumstances

• Starting a new business line
• Merging or partnering with another business
• Providing consultancy or advisory services

Relevant Sectors

• Tech and Software Development
• Professional Services
• Retail and Consumer Goods
• Healthcare

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Genie Definition 2

Lines of Business means: The strategic business areas an [organization] is engaged in during a given [time period].

Relevant Contract Types

• Strategic Partnership Agreements
• Shareholder Agreements
• Mergers and Acquisitions Agreements

Relevant Circumstances

• Structuring and defining a joint venture
• Outlining the operations of a newly merged or acquired company
• Defining the activities of a company to its shareholders

Relevant Sectors

• Financial Services
• Real Estate
• Manufacturing
• Energy

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