How is Plant Equipment defined in a legal contract?
- Plant Equipment means personal property for manufacturing, performing services, or any general purpose. This includes items like equipment, machine tools, test equipment, furniture, and vehicles, among others. Notably, it does not encompass special tooling or special test equipment. Seen in 32 SEC Filings
- Plant Equipment refers to the goods to be supplied and services to be provided by the [organization]. Seen in 9 SEC Filings
- Plant Equipment means the apparatus, machinery and vehicles that are intended to form or are part of the Permanent Works. Seen in 6 SEC Filings
- Plant Equipment means the heating, ventilation, refrigeration, and air-conditioning equipment, among other related equipment. It does not include fixtures or program supplies. Seen in 4 SEC Filings
Please note, that these definitions exclude any special tooling or test equipment, and do not concern any locations, regions, or organisations.
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
Plant Equipment means assets, including machinery and vehicles, used for manufacturing, services, or general business purposes.
Relevant Contract Types
- Purchase Agreement
- Leasing Agreement
- Asset Sale Agreement
- Equipment Lease Agreement
- Service Level Agreement
Relevant Circumstances
- Buying or leasing new machinery for a business
- Selling machinery from a business
- Setting the terms for services provided for a business
Relevant Sectors
Genie Definition 2
Plant Equipment means heating, ventilation, and air-conditioning units and similar systems, excluding fixtures or supplies.
Relevant Contract Types
Relevant Circumstances
- Servicing or maintaining HVAC equipment in a building
- Leasing a property that includes HVAC systems
- Providing HVAC equipment for a property
Relevant Sectors
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Plant Equipment means assets, including machinery and vehicles, used for manufacturing, services, or general business purposes.
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