How is Mechanical Failure defined in a legal contract?
- Mechanical Failure means when a covered item becomes inoperable, rendering it unable to carry out its primary function, within the constraints of this agreement. Seen in 19 SEC filings
- Mechanical Failure means the unexpected failure of a covered component, not caused by general wear and tear. Seen in 12 SEC filings
- Mechanical Failure means the abrupt and unpredicted failure of a covered component, preventing it from carrying out its designed function. Seen in 9 SEC filings
- Mechanical Failure means failure attributed to defective materials or poor workmanship. It doesn't include failures from normal wear or incorrect application or maintenance of the item. Seen in 7 SEC filings
Please note: One definition was omitted due to it containing an organization name.
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
- Mechanical Failure means an item becoming inoperable and unable to perform its primary function.
Relevant Contract Types
Relevant Circumstances
- Rentals or leasing of heavy machinery
- Supply of electronic appliances or devices
- Provision of maintenance services for mechanical equipment
Relevant Sectors
Genie Definition 2
- Mechanical Failure means the unforeseen failure of a component, excluding normal wear and tear.
Relevant Contract Types
Relevant Circumstances
- Provision of software or IT services
- Sale of vehicles or machinery, private or commercial
- Issuance of a warranty for a product or equipment
Relevant Sectors
Genie Definition 3
- Mechanical Failure means a malfunction due to defects in materials or improper workmanship.
Relevant Contract Types
Relevant Circumstances
- Construction of buildings or infrastructure
- Manufacturing of goods or equipment
Relevant Sectors
Are you creating, reviewing or negotiating a document?
🚀 Try our AI Legal Assistant! It can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)
Mechanical Failure means an item becoming inoperable and unable to perform its primary function.
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs