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Define: Recreational Facilities

The meaning of “Recreational Facilities” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

  • Recreational Facilities means spas, saunas, steam baths, swimming pools, exercise equipment, entertainment facilities, athletic resources, playgrounds, or other similar equipment and associated accessories. Seen in 16 SEC filings
  • Recreational Facilities means spas, saunas, steam baths, swimming pools, tennis courts, playground equipment, and other exercise, entertainment, or athletic facilities. Seen in 14 SEC filings
  • Recreational Facilities means such facilities proposed to be established on any property owned by a developer, which may be added on from time to time. This does not include Golf Courses, Club Facilities, hotels, spas, restaurants, or other amenities. Seen in 13 SEC filings
  • Recreational Facilities means the properties and areas intended for recreational use, including but not limited to, pools, playgrounds, and dog parks along with their respective facilities and areas. Seen in 8 SEC filings
  • Recreational Facilities means all facilities classified as aesthetic areas, open areas, special interest areas, and structures that are owned by any [organization]. Seen in 6 SEC filings
  • Recreational Facilities means the areas of a development which are designated for recreational use and the sporting facilities provided in such areas for the residents and their bona fide guests and visitors, together with all facilities and areas ancillary thereto. Seen in 6 SEC filings
  • Recreational Facilities means parks. Seen in 5 SEC filings

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

  • Recreational Facilities means areas or facilities, including parks, spas, swimming pools, athletic and entertainment resources, designated for recreational use and associated accessories.

Relevant Contract Types

Relevant Circumstances

  • Establishing new recreational facilities
  • Leasing or managing property intended for leisure activities
  • Setting rules and regulations for use of the facilities

Relevant Sectors

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What is the most popular definition of 'Recreational Facilities'?

Recreational Facilities means areas or facilities, including parks, spas, swimming pools, athletic and entertainment resources, designated for recreational use and associated accessories