How is Service brake system defined in a legal contract?
- Service brake system means a system that is employed to decrease the speed of a vehicle while it is mobile. Seen in 15 SEC filings
- Service brake system means the various electrical, mechanical or hydraulic components that are utilized to decelerate or cease a vehicle in motion. Seen in 7 SEC filings
- Service brake system means the mechanical elements that are used to reduce speed or halt a school bus. Seen in 3 SEC filings
- Service brake system means the main system utilized for decelerating and bringing a [vehicle] to a stop. Seen in 3 SEC filings
- Service brake system means a system used to stop and briefly maintain a machine. Seen in 2 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 service brake system' 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
Service brake system means the components used to decelerate or stop a vehicle in motion.
Relevant Contract Types
- Product Purchase Agreement
- Supply Agreement
- Vehicle Lease Agreement
- Service Contract
- Maintenance Contract
Relevant Circumstances
- Sale or lease of vehicles or machinery with a braking system
- Maintenance or repair services for braking systems
- Supply of parts for braking systems
Relevant Sectors
Genie Definition 2
Service brake system means the primary system invoked to retard and halt moving machinery or vehicles.
Relevant Contract Types
- Product Purchase Agreement
- Supply Agreement
- Equipment Lease Agreement
- Service Contract
- Maintenance Contract
Relevant Circumstances
- Sale or lease of machinery or equipment with a braking system
- Maintenance or repair services for braking systems
- Supply of parts for braking systems
Relevant Sectors
Service brake system means the components used to decelerate or stop a vehicle in motion
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