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How is Administrative Functions defined in a legal contract?

• Administrative Functions means all responsibilities that include, but are not restricted to, personnel management, budget planning, financial organization, office facilities management, contract administration, information technology services, and communications. Also included are any other roles identified as administrative.
  Seen in 11 SEC filings
• Administrative Functions means duties typically related to the routine operations of [entity], including tax assessment and collection, personnel services, purchasing, record management services, data processing, warehousing, equipment repair, and printing.
  Seen in 7 SEC filings
• Administrative Functions means all tasks that are necessary or appropriate for [entity] or any associated subdivisions. Duties include management and administration, development review, control, and approval functions, reasonable attorney and accountant fees, insurance and bonds procurement, real estate and other taxes payment, office and office furniture upkeep, other reasonable and ordinary administrative tasks.
  Seen in 6 SEC filings
• Administrative Functions means all duties of the [entity] that are necessary and proper under its declaration and act. Skills may include, without restriction, providing management and administration, performing tasks alongside obligations of the [entity], incurring reasonable attorney and accountant fees, obtaining errors and omissions insurance for officers, directors, and agents of [entity], fidelity bonds for any person managing the funds of the [entity], paying taxes levied against any properties of the [entity], obtaining and maintaining offices and office furniture, and performing other reasonable and ordinary administrative tasks.
  Seen in 3 SEC filings
• Administrative Functions means the functions mentioned in [clauses] in the contract.
  Seen in 2 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.

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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.

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Genie Definition 1

• Administrative Functions means managing personnel, finances, contracts, IT services, communications and other roles deemed administrative.

Relevant Contract Types

• Services Agreement
• Outsourcing Agreement
• Consulting Agreement
• Employment Agreement

Relevant Circumstances

• Companies outsourcing services
• Hiring of new staff
• Supply of consultant services
• Forming a partnership or joint venture

Relevant Sectors

• Information Technology
• Healthcare
• Professional Services
• Finance

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Genie Definition 2

• Administrative Functions means conducting routine operations including tax assessment, purchase, record management, data processing, and equipment upkeep.

Relevant Contract Types

• Property Management Agreement
• Supply Agreement
• Software Licensing Agreement
• Government Contracts

Relevant Circumstances

• Property management services
• Supplying goods or services
• Licensing software
• Providing services to government entities

Relevant Sectors

• Real Estate
• Manufacturing
• Information Technology
• Public Administration

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