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How is Cargo tank defined in a legal contract?

• Cargo tank means an assembly utilized for transporting, hauling or delivering petroleum products. It comprises a tank with one or more compartments fixed on a vehicle such as a wagon, truck, trailer or railcar. The term doesn't include assemblies for transporting petroleum products with a capacity of less than [number] gallons in distinct, separable containers. Seen in 10 SEC filings
• Cargo tank means an assembly used for transporting, hauling, or delivering liquids, that consists of a tank with one or more compartments attached to a wagon, truck, trailer, or railcar. Seen in 7 SEC filings
• Cargo tank means the storage vessels of freight trucks or trailers used to transport gasoline. The vehicles transport gasoline to stationary storage tanks. Seen in 5 SEC filings
• Cargo tank means an assembly that is used to transport, haul, or deliver liquids. It consists of a tank having one or more compartments mounted on a vehicle, like a wagon, automobile, truck, trailer, or wheels. The term includes accessory piping, valves, and meters but does not encompass a fuel supply tank. Seen in 4 SEC filings
• Cargo tank means the storage vessels of freight trucks or trailers used for the transport of gasoline. Seen in 3 SEC filings
• Cargo tank means a delivery tank truck or railcar that is loading gasoline or distillate or has loaded gasoline or distillate on the previous load. Seen in 3 SEC filings
• Cargo tank means a permanently attached tank on a vehicle. The boundaries of the tank are either formed by the vehicle hull itself or separate walls, and it's for the carriage of dangerous goods. 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

• Cargo tank means a permanently mounted assembly for transporting liquids in a vehicle.

Relevant Contract Types

• Supply Contract
• Distribution Agreement
• Transportation Agreement
• Shipping Agreement
• Logistics Services Agreement

Relevant Circumstances

• Supply and delivery of liquids
• Distribution of goods, specifically liquids
• Any form of liquid transportation
• When specifying equipment used in shipping contracts

Relevant Sectors

• Petroleum Industry
• Chemical Manufacturing
• Logistics
• Freight Services

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Genie Definition 2

• Cargo tank means storage vessels in vehicles for transferring goods like gasoline.

Relevant Contract Types

• Sale of Goods Agreement
• Supply Contract
• Transportation Agreement
• Storage Agreement

Relevant Circumstances

• Sale and purchase of goods, particularly gasoline
• Storage and shipment of goods
• Any form of gasoline transportation

Relevant Sectors

• Gasoline Distribution
• Freight Services
• Transportation
• Logistics

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