How is Economic Group defined in a legal contract?
- Economic Group means an interconnected collection of entities as stated in a regulatory [resolution]. Seen in 3 SEC filings
- Economic Group means all entities that are affiliates, related, or interconnected with a specific person. Seen in 2 SEC filings
- Economic Group means any entity that, entirely or jointly, directly or indirectly, holds a controlling interest or has its capital held in full or part by a specific party, or is a partner in a entity along with the specific party. Seen in 1 SEC filing
- Economic Group means any collection of enterprises, each with distinct legal statuses, bound together through mutual investments, capital contributions, and strategic collaborations; sharing common long-term economic interests, technology, market and/or business services; and forming a consolidated business entity wherein the entities are arranged either as parent companies and subsidiaries, as [specified in law]. 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 economic group' 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
- Economic Group means a collection of legally distinct entities interconnected by investments, strategic collaborations, and shared economic interests.
Relevant Contract Types
- Joint Venture Agreement
- Shareholders' Agreement
- Partnership Agreement
- Merger and Acquisitions Agreement
Relevant Circumstances
- Formation of a joint venture
- Acquisition of a new company
- Forming a strategic partnership
- Restructuring of a corporate group
Relevant Sectors
Genie Definition 2
- Economic Group means entities tied to a specific entity through affiliate, related, or interconnected relationships.
Relevant Contract Types
Relevant Circumstances
- Setting up an affiliate network
- Consigning goods or services
- Establishing a supply chain
- Franchising a business model
Relevant Sectors
Economic Group means a collection of legally distinct entities interconnected by investments, strategic collaborations, and shared economic interests.
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