How is Total Distance defined in a legal contract?
- Total Distance means the full distance a fleet of vehicles operates, factoring in accrued travel on trip permits across all areas during a specified period. Seen in 18 SEC filings
- Total Distance means the complete distance traveled in all types of vehicle movements, both within and across jurisdictions, including loaded, empty, return trips, and bobtail distance. The understanding is if a vehicle travels under a trip lease, the distance is considered to be covered by the leasing party’s Fleet. Seen in 11 SEC filings
- Total Distance means all miles or kilometers traveled during a specified period by every qualified or apportionable vehicle in a fleet, regardless of whether the distance covered holds taxable or non-taxable status. Seen in 10 SEC filings
- Total Distance means the full actual distance from the origin to the destination. Seen in 4 SEC filings
- Total Distance means all distance operated by a fleet of apportioned vehicles, including all vehicle movements, both across and within jurisdictions, as well as loaded, unladen, return trip, and bobtail distances. The total distance must include both distance traveled, within and outside the state, accumulated by the fleet. Seen in 2 SEC filings
- Total Distance means the total number of miles or kilometers operated by a fleet of vehicles, in all jurisdictions during the preceding year. 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 total distance' 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
- Total Distance means the complete distance, including loaded, unladen, deadhead, and bobtail journeys, traversed by a fleet of vehicles in a specified period.
Relevant Contract Types
Relevant Circumstances
- Contracting fleet services for delivering goods
- Renting a vehicle for a specified period
- Negotiating shipping agreements for transporting goods over long distances
- Setting up a freight transportation contract for business needs
Relevant Sectors
Genie Definition 2
- Total Distance means the actual distance covered between the starting point and final destination.
Relevant Contract Types
- Real Estate Lease Agreement
- Construction Contract
- Logistics Services Agreement
- Travel Services Contract
Relevant Circumstances
- Building a property on a specific land plot
- Renting a retail space for commercial use
- Coordinating logistics services for an event or business
- Contracting travel services for business or personal travel
Relevant Sectors
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Total Distance means the complete distance, including loaded, unladen, deadhead, and bobtail journeys, traversed by a fleet of vehicles in a specified period
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