Define: Partner Company

The meaning of “Partner Company” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

How is Partner Company defined in a legal contract?

  • Partner Company means a person or entity that the [organization] has made an equity or debt investment in, or is actively considering doing so. Seen in 7 SEC Filings
  • Partner Company means a company that is trading with the intent to make a profit. A partner company is allowed to support more than one fellow under [programs], as long as it has the capacity and infrastructure required to support the relevant research work and to provide training and tutoring to more than one fellow should more than one proposal be successful. Seen in 4 SEC Filings
  • Partner Company means any person or entity that the [organization] has made or is actively considering making an equity or debt investment in, or acquisition of. Seen in 3 SEC Filings
  • Partner Company means a company that uses [services] and may process personal data along with [another company]. Seen in 2 SEC Filings
  • Partner Company means a company that relocates to a specific space after a particular date, and provides a signed affidavit stating it relocated because of a certain entity. Partner Companies must obtain a business license in specific places and create at least one new job in the leased space. Seen in 1 SEC Filing
  • Partner Company means a person some or all of whose outstanding voting securities are owned, directly or indirectly, by the [organization]. Seen in 1 SEC Filing

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

  • Partner Company means an entity in which an [organization] has made or is considering making an investment or acquisition.

Relevant Contract Types

Relevant Circumstances

  • Exploration of new business collaborations
  • Acquiring stakes in another company
  • Forming a joint venture with another organization

Relevant Sectors

Genie Definition 2

  • Partner Company means a firm that uses [services] and processes shared data alongside [another company].

Relevant Contract Types

Relevant Circumstances

  • Engaging in shared service usage
  • Data processing or management in collaboration with another entity

Relevant Sectors

Genie Definition 3

  • Partner Company means a business relocated to the [Leased Space], creating at least one new job there after obtaining a license.

Relevant Contract Types

Relevant Circumstances

  • Setting up a subsidiary or branch in a new location
  • Expanding operations, needing additional space

Relevant Sectors

Are you creating, reviewing or negotiating a document?

Looking for further advice on how to define “Partner Company" in your document? 

🚀 Try our AI Legal Assistant! It can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)

What is the most popular definition of 'Partner Company'?

Partner Company means an entity in which an [organization] has made or is considering making an investment or acquisition.

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Try using Genie's Free AI Legal Assistant

Generate quality, formatted contracts with AI

Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs

Let our Legal AI make 
edits for you

Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.

AI review

Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs

Book your personalised demo now

Schedule a live, interactive demo with a Genie expert
Understand the most valuable features of Genie based on your workflow
Find out exactly how your business will benefit, from hours saved to faster revenue