Define: Significant Risk

How is Significant Risk defined in a legal contract?

• Significant Risk means a combination of a probability and a level of damage that cannot be overlooked without undermining the purpose of this directive for the applicable storage site. Seen in 15 SEC filings.
• Significant Risk means a level of harm that is determined to be substantial using established risk assessment tools and procedures. Seen in 9 SEC filings.
• Significant Risk means those risks disclosed to the investor regarding their investment in the investment program. Seen in 6 SEC filings.
• Significant Risk means any risk that third-party IP might significantly delay or prevent the creation of renewable diesel products. Seen in 2 SEC filings.
• Significant Risk means a circumstance that could have a serious impact on an organization's financial state, operations, technology, reputation, or the safety of its members, as determined by a risk matrix tool. Seen in 2 SEC filings.

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 significant risk' 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

• Significant Risk means a situation risking serious impact on operations, reputation, or safety due to uncertain events.

Relevant Contract Types

• Non-Disclosure Agreements
• Employment Contracts
• Service Agreements
• Vendor Agreements
• Partnership Agreements

Relevant Circumstances

• Establishing a new business partnership
• Hiring a new employee
• Procuring services from a vendor
• Establishing confidentiality parameters with stakeholders

Relevant Sectors

• Technology Sector
• Healthcare Sector
• Financial Services Sector
• Manufacturing Sector

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Genie Definition 2

• Significant Risk means probable damage discouraging the intended purpose of a directive or strategy.

Relevant Contract Types

• License Agreements
• Franchise Agreements
• Manufacturing Agreements
• Merger and Acquisition Agreements

Relevant Circumstances

• Licensing intellectual property rights
• Franchising a business
• Outlining manufacturing obligations
• Merger and acquisition negotiations

Relevant Sectors

• Consumer Goods Sector
• Retail Sector
• Energy Sector
• Telecommunications Sector

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