How is Fleet Services defined in a legal contract?
- Fleet Services means the use of a collection of vehicles for the purpose of delivering people, goods, or services. These vehicles are not made available for purchase or long-term lease. Such services can include, but are not limited to, ambulance services, taxi services, bus services, and courier services. However, it excludes services provided by transport or shipping companies that utilize trucks exceeding a certain weight limit. Seen in 4 SEC filings.
- Fleet Services means a venture where a certain number of vehicles are regulated to not be available for sale or long-term lease but instead for providing services like transportation of people, goods, or to provide services. The vehicles involved in fleet services may also be stored and serviced under the same management. The nature of these services can include ambulance services, taxi services, bus services, and courier services but it does not include transport or shipping companies that involve the use of trucks exceeding a certain weight limit. Seen in 3 SEC filings.
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 fleet services' 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
- Fleet Services means managing vehicles that are used to transport people, goods or services, not for sale or extended lease.
Relevant Contract Types
Relevant Circumstances
- When a company outsources transportation or delivery services.
- When a company uses vehicles to provide services such as taxi or courier services.
Relevant Sectors
- Logistics
- Tourism
- Healthcare for ambulance services
Genie Definition 2
- Fleet Services means operations involving administration, storage and maintenance of a collection of service-delivery vehicles.
Relevant Contract Types
Relevant Circumstances
- When a company has a fleet of vehicles that require ongoing maintenance and administration.
- When a company provides a service involving the use of vehicles.
Relevant Sectors
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Fleet Services means managing vehicles that are used to transport people, goods or services, not for sale or extended lease.
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