Define: Official Designation

How is Official Designation defined in a legal contract?

• Official Designation means a clear identification made in writing, signed by a participant of a [fund]. This designation usually happens during the participant's first application for purchasing [fund] shares, with or without a [Signature Guarantee], or within another document with a Signature Guarantee. Seen in 4 SEC filings.
• Official Designation means the right granted to a [licensee] to mark a publication as an ""Official Publication"" and to use specific logos on the cover of the publication. The choice of logo to be used rests with the granting party. Seen in 1 SEC filing.
• Official Designation means an [employer] having securely chosen in advance, the amount a [minister] expects to pay for all home-related expenses. Seen in 1 SEC filing.

Please note that other definitions associated with a specific agency, location, or an organization have been removed and are not included.

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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

• Official Designation means a signed written identification by a [fund] participant during initial [fund] share purchase.

Relevant Contract Types

• Investment Agreement
• Shareholder Agreement

Relevant Circumstances

• Purchase of shares in new or existing funds
• Participant identification during fund formation

Relevant Sectors

• Financial Services

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Genie Definition 2

• Official Designation means an advance determination by an [employer] of a [minister]'s total home-related expenses.

Relevant Contract Types

• Employment Agreement
• Service Agreement

Relevant Circumstances

• Setting of employment terms and conditions
• Specifying expenses and reimbursements

Relevant Sectors

• Human Resources
• Non-Profit Organizations

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Genie Definition 3

• Official Designation means the right given to a [licensee] to mark a product as an ""Official Product"".

Relevant Contract Types

• Licensing Agreement
• Trademark Agreement

Relevant Circumstances

• Granting rights for use of logos or trademarks
• Agreeing terms for product marketing and branding

Relevant Sectors

• Retail & Consumer Products
• Sports & Entertainment

Genie Definition 4

• Official Designation means the phrase “Official Sponsor”.

Relevant Contract Types

• Sponsorship Agreement
• Marketing Agreement

Relevant Circumstances

• Securing corporate sponsorship for events or initiatives
• Defining marketing and promotional arrangement

Relevant Sectors

• Marketing
• Sports & Entertainment

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