How is Unduly burdensome defined in a legal contract?
- Unduly burdensome means a requirement of a high investment of money, time, or other resources. Seen in 46 SEC filings
- Unduly burdensome means a significant financial hardship for a property owner, substantiated by evidentiary requirements. Seen in 8 SEC filings
- Unduly burdensome means needing such a high investment of money, time, or other resources that a reasonably prudent businessperson would not operate.
Seen in 6 SEC filings - Unduly burdensome means that a request for information asks for voluminous or unnecessarily extensive data.
Seen in 1 SEC filing - Unduly burdensome means a situation where strict compliance with a specific rule results in hardship. Seen in 1 SEC filing
- Unduly burdensome means that the measures necessary to comply with rules or ordinances subject potential licensees to such a high investment of resources that a reasonably prudent businessperson would not operate a license.
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
Unduly burdensome means a requirement of a significant investment of resources causing substantial hardship.
Relevant Contract Types
Relevant Circumstances
- When setting up large scale projects that require significant resources
- When signing contracts that feature heavy penalties for non-compliance
- In dispute resolution cases where one party alleges that the contract is unduly burdensome
Relevant Sectors
Genie Definition 2
Unduly burdensome means a situation where compliance with a rule incurs excessive cost or difficulty.
Relevant Contract Types
Relevant Circumstances
- When a party is obligated to reveal information that is costly or difficult to gather
- When the conditions of a contract are too difficult for one party to adhere to
- During negotiations where one party is trying to influence the other to agree to unfavorable terms
Relevant Sectors
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Unduly burdensome means a requirement of a significant investment of resources causing substantial hardship
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