��������Ƶ

How is Building Systems defined in a legal contract?

• Building Systems means the mechanical, gas, electrical, sanitary, heating, air conditioning, ventilating, elevator, plumbing, life-safety and other service systems of a building. Seen in 36 SEC filings.
• Building Systems means any electrical, mechanical, structural, plumbing, heating, ventilating, air conditioning, sprinkler, life safety or security systems serving a building. Seen in 28 SEC filings.
• Building Systems means all heating, ventilating, air conditioning, climate control and humidity control equipment and systems serving specific premises, as well as other systems, services, installations and facilities including mechanical, plumbing, sprinkler, drainage and sewage, elevators, electrical and other utilities, lighting, life safety, communication, security and surveillance, computer environmental control, security and lighting control, refuse removal, window washing and music; and all associated machinery, appliances, equipment, apparatus, components, computer software and appurtenances. Seen in 26 SEC filings.
• Building Systems means the mechanical, electrical, plumbing, sanitary, sprinkler, heating, ventilation and air conditioning, security, life-safety, elevator and other service systems or facilities of a building up to the point of localized distribution to specific premises. Seen in 23 SEC filings.
• Building Systems means the mechanical, electrical, sanitary, heating, air conditioning, ventilating, elevator, plumbing, life-safety and other service systems of the building, but does not include specific tenant installations, fixtures or appliances. Seen in 12 SEC filings.

Please note specific clauses and names have been replaced for simplification and to preserve global applicability.

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

• Building Systems means the essential functional aspects of a building such as mechanical, electrical, structural, sanitary, plumbing, climatic control, life-safety and security elements.

Relevant Contract Types

• Lease Agreements
• Commercial Property Purchase Agreements
• Construction Contracts

Relevant Circumstances

• Building sale or purchase
• Lease of commercial spaces
• Building refurbishment or construction

Relevant Sectors

• Real Estate and Property Management
• Construction and Infrastructure

‍

Genie Definition 2

• Building Systems means a building's mechanical, electrical, plumbing, climate control, life safety, security, and ancillary components, excluding tenant-specific installations.

Relevant Contract Types

• Tenant Lease Agreements
• Building Management Service Contracts
• Supplier Contracts for Building Services

Relevant Circumstances

• Lease of office or commercial spaces
• Contracting of building management services
• Supply of building service commodities

Relevant Sectors

• Property Leasing
• Facilities Management
• Supplier Services

‍