How is Mechanical Failure defined in a legal contract?
- Mechanical Failure means when a covered item becomes inoperable, rendering it unable to carry out its primary function, within the constraints of this agreement. Seen in 19 SEC filings
- Mechanical Failure means the unexpected failure of a covered component, not caused by general wear and tear. Seen in 12 SEC filings
- Mechanical Failure means the abrupt and unpredicted failure of a covered component, preventing it from carrying out its designed function. Seen in 9 SEC filings
- Mechanical Failure means failure attributed to defective materials or poor workmanship. It doesn't include failures from normal wear or incorrect application or maintenance of the item. Seen in 7 SEC filings
Please note: One definition was omitted due to it containing an organization name.
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
- Mechanical Failure means an item becoming inoperable and unable to perform its primary function.
Relevant Contract Types
Relevant Circumstances
- Rentals or leasing of heavy machinery
- Supply of electronic appliances or devices
- Provision of maintenance services for mechanical equipment
Relevant Sectors
Genie Definition 2
- Mechanical Failure means the unforeseen failure of a component, excluding normal wear and tear.
Relevant Contract Types
Relevant Circumstances
- Provision of software or IT services
- Sale of vehicles or machinery, private or commercial
- Issuance of a warranty for a product or equipment
Relevant Sectors
Genie Definition 3
- Mechanical Failure means a malfunction due to defects in materials or improper workmanship.
Relevant Contract Types
Relevant Circumstances
- Construction of buildings or infrastructure
- Manufacturing of goods or equipment
Relevant Sectors
Mechanical Failure means an item becoming inoperable and unable to perform its primary function.
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