Define: Retail Development

How is Retail Development defined in a legal contract?

• Retail Development means any use of land or buildings where goods and services are made available to the general public for purchase, lease, or use. This definition encompasses restaurants, licensed establishments, and drive-through services. Seen in 10 SEC filings
• Retail Development means any land, buildings or parts thereof used, designed or intended for the goal of making available food, goods, items, substances, or articles for direct sale or providing entertainment to the public. This includes the rental of goods, items, substances, articles and encompasses offices and storage related to such retail uses. Retail Development includes, but is not limited to, restaurants, concert halls, theaters, cinemas, car or truck service facilities and retailers. A Retail Development does not include roofed accommodation development. Seen in 4 SEC filings
• Retail Development means any part of land, buildings or sections thereof used, designed, or meant for the purpose of offering food, goods, merchandise, substances, articles or things for direct sale or providing entertainment to the public. Seen in 1 SEC filing
• Retail Development means the part of the Building designated for retail uses and includes adequate additional parking to accommodate such retail use, loading docks, and other supporting facilities and elements or components for the retail use. Seen in 1 SEC filing

Please note that specific terms used within these definitions such as 'licensed establishments', 'drive-through services', 'offices', 'storage', 'concert halls', 'theaters', 'cinemas', 'restaurants', 'car or truck service facilities', 'roofed accommodation development', 'parking', 'loading docks', 'supporting facilities' and 'elements or components' may need further clarification in the context of a specific contract.

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 retail development' 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

• Retail Development means use of lands or buildings to make goods, services, or entertainment directly available to the public, including additional facilities related to retail operations.

Relevant Contract Types

• Commercial Lease Agreement
• Retail Lease Agreement
• Franchise Agreement

Relevant Circumstances

• Establishing a new retail location
• Expanding an existing retail brand's reach
• Establishing a franchise agreement with an existing retailer

Relevant Sectors

• Retail Sector
• Real Estate Sector
• Franchise Sector

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Genie Definition 2

• Retail Development means portion of a structure designated for direct sale or provision of services and entertainment to the public, inclusive of ancillary facilities.

Relevant Contract Types

• Build to Suit Lease Agreement
• Commercial Property Purchase Agreement

Relevant Circumstances

• Developing a part of an existing structure for retail purposes
• Purchasing a commercial property for retail development

Relevant Sectors

• Commercial Real Estate Sector
• Retail Sector

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