How is Derivative Income defined in a legal contract?
- Derivative Income means the earnings a recipient gains from activities supported by [organization]. These activities are conducted within the time frame of a [organization] grant or contract. This term represents income from service charges (like attorney fee awards and refunded costs), sales and rentals of physical assets, and interest accrued on [organization] grant or contract advancements. Seen in 13 SEC Filings.
- Derivative Income means income obtained or accrued by a grantee from activities sustained with funds from a current or previous grant within the grant year. This includes, but isn't limited to, income from service charges (including attorney fee awards and refunded costs), sales and rentals of physical assets, and interest accrued on these funds. Seen in 1 SEC Filing.
Note: The Genie AI Legal Assistant 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.
Search EDGAR for 'Definitions of derivative income' yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant 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
Derivative Income means earnings from activities supported by [organization], including but not limited to, service charges, sales, property rentals, and accrued interest.
Relevant Contract Types
- Franchise Agreements
- Operating Agreements
- Profit Sharing Agreements
- License Agreements
- Partnership Agreements
Relevant Circumstances
- Formation of business partnerships
- Establishing terms for new franchisees
- Agreeing on profit allocation among stakeholders
- Forming terms for use of intellectual property
Relevant Sectors
Are you creating, reviewing or negotiating a document?
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Derivative Income means earnings from activities supported by [organization], including but not limited to, service charges, sales, property rentals, and accrued interest.
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