How is Commercial Relationship defined in a legal contract?
- Commercial Relationship means any association of a commercial nature, whether contractual or not. This relationship could arise from various transactions, including but not limited to trade transaction for the supply or exchange of goods or services, distribution agreement, commercial representation, factoring, leasing, engineering, licensing, investment, financing, insurance, concession, joint venture and various other forms. Seen in 2 SEC filings
- Commercial Relationship means a contractual agreement that holds commercial relevance or brings benefit to [the organisation]. Seen in 1 SEC filing
- Commercial Relationship means a connection, alliance, involvement, investment, or participation in an activity related to the functions of trade or services, in any form. Seen in 1 SEC filing
- Commercial Relationship means a written agreement that sets up a paid or significant marketing relationship between [the organisation] and marketing partner, wherein [the organisation] must offer significant payment or bartered consideration. Seen in 1 SEC filing
Note: 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.
yourself to verify these results. We are always keen to point people to source documents.
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
Commercial Relationship means a contractual or non-contractual connection between [organization] and another party, related to profit-oriented activities or transactions.
Relevant Contract Types
- Service Agreement
- Partnership Agreement
- Joint Venture Agreement
- Distribution Agreement
- Supply Contract
- Consulting Agreement
Relevant Circumstances
- Establishing new partnerships
- Expanding business operations
- Engaging service providers
Relevant Sectors
Genie Definition 2
Commercial Relationship means a marketing agreement between [organization] and a partner, involving a contractual obligation of payment or barter by [organization].
Relevant Contract Types
Relevant Circumstances
- Engaging a marketing agency
- Outsourcing advertising activities
- Initiating a barter deal
Relevant Sectors
Are you creating, reviewing or negotiating a document?
🚀 Try It can suggest a definition just for your specific needs (Simply , then ask it to draft a definition suitable for your document, that's it!)
Commercial Relationship means a contractual or non-contractual connection between [organization] and another party, related to profit-oriented activities or transactions.
.png){kind=icon}
