How is Broker Group defined in a legal contract?
- Broker Group means a network run by the end user consisting of the end-user and at least [number] brokers each having a broker contract with the end user. Seen in 11 SEC filings
- Broker Group means the broker and its affiliates, its direct and indirect holding companies and subsidiaries of the holding companies. Seen in 3 SEC filings
- Broker Group means broker and its agents, employees, officers, directors, shareholders, co-brokers, representatives, independent contractors, and affiliates. Seen in 1 SEC filing
- Broker Group means broker, its parent, subsidiaries, and affiliated companies and its and their joint owners, co-lessees, partners, joint venturers, lessors, contractors, and subcontractors, and owners, shareholders, directors, officers, employees, agents, representatives, and invitees of all the foregoing. Seen in 1 SEC filing
Please note that these definitions have been adapted to suit a wider audience and to ensure pertinence in a variety of contexts. The original texts may contain specific references, information, or terms that have been replaced with placeholders such as [number] or [organization] as appropriate.
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 broker group' 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:
Broker Group means a network led by an end-user, inclusive of brokers, holding companies, affiliates, and others involved in business operations.
Relevant Contract Types
Relevant Circumstances
- Formation of a new business collaboration
- Inclusion of new brokers into an existing network
- Acquisition or merger of businesses
- Creation of new partnerships or joint ventures
Relevant Sectors
Genie Definition 2
Broker Group means a collective comprising the broker, its connected parties, shareholders, officers, and contractors.
Relevant Contract Types
Relevant Circumstances
- Setting up a new brokerage firm or network
- Corporate restructuring or expansion
- Changes in company policy or governance
Relevant Sectors
Broker Group means a network led by an end-user, inclusive of brokers, holding companies, affiliates, and others involved in business operations
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