How is General Expenses defined in a legal contract?
- General Expenses means the direct and indirect expenditures related to producing and selling goods for export. This does not include costs and expenses detailed in [clause]. Seen in 11 SEC filings.
- General Expenses means the operational or administrative expenses of [organization] which can be reimbursed by [organization] to the [organization], but excludes [internal costs]. Seen in 9 SEC filings.
- General Expenses means any costs incurred by [organization], other than investment costs, carrying cost or indemnification obligations. This can include, but not limited to, organizational expenses; routine administrative costs, which can include salaries, employee benefit costs, consultant fees and maintenance Expenses. Seen in 4 SEC filings.
- General Expenses means various costs such as assessment fees, waste disposal fees, labor costs, administrative fees, audit charges, and other general costs related to [organization]. Seen in 3 SEC filings.
- General Expenses means the costs incurred by managers in providing services to the owners, including postage, reasonable travel expenses, administrative expenses and other out-of-pocket expenditures, as detailed in [appendix]. Seen in 2 SEC filings.
- General Expenses means the fees charged by an investment bank in relation to a [transaction], amounting to a certain percentage of the [consideration]. Seen in 2 SEC filings.
Please note that these are general definitions and the specifics could change based on the context of the legal contract or document being referred to.
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
- General Expenses means direct or indirect costs incurred by an [organization], excluding specific exceptions, related to operational or administrative activities.
Relevant Contract Types
Relevant Circumstances
- Setting up a new organization or partnership
- Recruiting new employees
- Negotiating service agreements
Relevant Sectors
Genie Definition 2
- General Expenses means disbursements in providing services, including out-of-pocket expenditures, administrative, and travel expenses.
Relevant Contract Types
Relevant Circumstances
- Hiring consultants or freelancers
- Organizing business trips
Relevant Sectors
Genie Definition 3
- General Expenses means charges by [entity] involved in significant business transformations, determined by a percentage of the [consideration].
Relevant Contract Types
Relevant Circumstances
- Undertaking mergers or acquisitions
Relevant Sectors
Genie Definition 4
- General Expenses means various common fees such as assessment, waste disposal, labor costs, administrative charges, and audit fees.
Relevant Contract Types
Relevant Circumstances
- Managing a property
- Setting up a commercial lease
Relevant Sectors
General Expenses means direct or indirect costs incurred by an [organization], excluding specific exceptions, related to operational or administrative activities
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