Define: Objective Information

How is Objective information defined in a legal contract?

• Objective information means an estimate of a patient’s expected length of hospital stay gathered by a nursing home from a hospital staff person. This prediction can come from the patient record, the care plan, or given by a physician, health professional under their direction, or another qualified professional such as a social worker or a discharge planner.
  Seen in 11 SEC filings.
• Objective information means data that can be verified or compared based on empirical evidence.
  Seen in 2 SEC filings.
• Objective information means in this context, facts based on clear verifiable information, rather than subjective opinions. It’s not normally enough for a requester simply to state that the project won’t have an adverse effect on a site, nor should a competent authority rely on assurances based on guesswork or speculation. There should be credible proof showing an actual rather than theoretical risk of effects that could undermine the site’s conservation goals. Any serious possibility of such a risk should lead to an ‘appropriate assessment’.
  Seen in 1 SEC filing.
• Objective information means the Target Exposure, the Long Exposure Amount, the Floating Rate Payer Calculation Amount of each Notional Swap Transaction, the Bond Floor, Notional Portfolio NAV, the balance of the Notional Account, the Compounded Amount, and the Notional Account Value.
  Seen in 1 SEC filing.

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 objective information’ 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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Use Cases For Definition 1

Objective Information means verifiable or empirical data, derived from factual sources, relevant to a specific situation or requirement.

Relevant Contract Types

• Employment Contracts
• Consulting Agreements
• Service Level Agreement

Relevant Circumstances

• When making performance assessments.
• When determining payment or bonuses based on set objectives.
• To define parameters of a service provision or performance.

Relevant Sectors

• Human Resources
• Consulting
• IT Services

Use Cases For Definition 2

Objective Information means quantifiable and verifiable data parameters used for contractual or transactional calculations.

Relevant Contract Types

• Licensing Agreements
• Investment Agreements
• Sales Contracts

Relevant Circumstances

• When calculating royalties or licensing fees.
• When measuring investment return or profit share.
• When defining quantity or quality parameters in a sales contract.

Relevant Sectors

• Investment & Finance
• Manufacturing
• Retail

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