How is Packing costs defined in a legal contract?
- Packing costs means the cost of all containers and coverings of any kind and of packing, whether for labour or materials, used in packing for shipment. Seen in 14 SEC filings.
- Packing costs means actual direct costs of packing. Seen in 3 SEC filings.
- Packing costs means the cost of all packing and coverings, whether for labour or materials used for placing goods in packing suitable for shipping. Seen in 3 SEC filings.
- Packing costs means the cost of all containers and coverings of any kind and of packing, whether for labour or materials, used in placing goods ready for shipment. Seen in 2 SEC filings.
- Packing costs means actual direct costs of packing and/or packaging goods for shipment. This includes items like batteries, charger, earphones, user manual, warranty card, USB cable, welcome kit, packing box, labels, protective screen cover, plastic bags, carrying kit and additional phone cover case. It does not include labour fees or overhead costs. 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
- Packing costs means the expenses associated with containers, coverings, and the labour or materials used to prepare goods for shipment.
Relevant Contract Types
Relevant Circumstances
- Shipments of goods across borders
- Bulk delivery of products
- Transport of fragile or specialised items
Relevant Sectors
Genie Definition 2
- Packing costs means the direct costs related to packing and/or packaging goods, including accessory items but excluding labour fees or overhead costs.
Relevant Contract Types
Relevant Circumstances
- Retail sales of goods
- Distribution of goods to multiple outlets
- Direct to consumer sales
Relevant Sectors
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Packing costs means the expenses associated with containers, coverings, and the labour or materials used to prepare goods for shipment.
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