How is Transportation System defined in a legal contract?
- Transportation System means the facilities established to accept, process, handle, transport, and redeliver gas as per a [agreement], as outlined in the system description. Seen in 30 SEC filings
- Transportation System means infrastructure related to transportation, including highways, bridges, vehicles, equipment, and parking lots. It also involves transit stations, management systems, intelligent vehicle highway systems, and other ground transportation systems. Seen in 18 SEC filings
- Transportation System means a pipeline or equipment system or network used to transport gas by a transporter, including national and independent networks. Seen in 12 SEC filings
- Transportation System means all methods and services for all forms of transport within a geographical area, regardless of the jurisdiction or provider. Seen in 10 SEC filings
- Transportation System means at a given point in time, transportation facilities and any other facilities that are under the control of the transporter beyond a transfer point. Seen in 8 SEC filings
Which definition should you use?
🤔 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
- Transportation System means facilities and services fulfilling any kind of transport need in a specific geographical area.
Relevant Contract Types
Relevant Circumstances
- Setting up a delivery system in the retail industry
- Forming an agreement between transportation service providers and clients
Relevant Sectors
Genie Definition 2
- Transportation System means a network used for the transport of goods, especially gas, across various facilities under a transporter's control.
Relevant Contract Types
Relevant Circumstances
- Gas transportation agreements between two organizations
- Shipping and delivery of commodities across different regions
Relevant Sectors
Genie Definition 3
- Transportation System means the infrastructure and related systems for ground transportation, inclusive of transit stations and management systems.
Relevant Contract Types
Relevant Circumstances
- Establishing infrastructure for a new public transport system
- Forming agreements between transportation infrastructure developers and clients
Relevant Sectors
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Transportation System means facilities and services fulfilling any kind of transport need in a specific geographical area.
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