Define: Representation Expenses

• Representation Expenses means the necessary and reasonable costs, charges and expenses, excluding regular or overtime wages, salaries, fees or benefits of an insured person, that have been incurred with the insurer’s prior written consent for preparing, attending and being represented at any official investigation, examination, inquiry, or other proceedings. Seen in 2 SEC filings
• Representation Expenses means all documented costs including disbursements for goods and services with the aim of promotional or public relations purposes incurred for generating potential benefits for the company or the group, and this includes non-monetary or indirect benefits. Seen in 2 SEC filings
• Representation Expenses means the expenses resultant from holding official receptions, organizing visits to cultural and entertainment events, catering at business meetings, translation services, and other organizational expenses that comply with current legislation. Seen in 2 SEC filings
• Representation Expenses means the costs incurred due to the provision of goods and services to third parties not employed by the companies, with the goal of promoting a positive image of the group and its business. This category of expenses consists of meals, trips, and entertainment. 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 representation expenses' yourself to verify these results. We are always keen to point people to source documents.

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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.

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Genie Definition 1

Representation Expenses means necessary and reasonable costs related to meetings and official inquiries, excluding staff salaries or benefits.

Relevant Contract Type

• Employment Contracts
• Consulting Agreements
• Vendor Agreements

Relevant Circumstances

• Engaging in promotional activities
• Engaging in official inquiries or investigations
• Regular business meetings

Relevant Sectors

• Legal Sector
• Corporate Sector
• Marketing Sector

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