Define: Business machine

How is Business machine defined in a legal contract?

• Business machine means a device that applies electronic or mechanical methods to manage information, perform computations, print or copy data or convert sound into electrical signals for transmission. This includes devices that fall into certain standard industrial categories and photocopy machines. Seen in 49 SEC Filings
• Business machine means a device that uses electronics or mechanical methods to handle information, execute calculations, print or copy data, or change sound into electric signals for transmission, including devices like typewriters, electronic computing devices, calculating and accounting machines, telephone and telegraph equipment, and photocopy machines. Seen in 15 SEC Filings
• Business machine means a device that utilizes electronic or mechanical processes to manage data, perform calculations, print or copy information, or convert audio into electrical impulses for transmission. Seen in 2 SEC Filings
• Business machine means a device that uses either electronic or mechanical methods to process information, execute calculations, print or copy information, or convert sound into electrical pulses for transmission. Seen in 1 SEC Filings
• Business machine means a device that employs electronic or mechanical methods to process information, carry out calculations, print or photocopy information, or convert audio into electrical signals for transfer. Seen in 1 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 business machine' 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

• Business machine means a device using electronic or mechanical methods to process information, perform calculations, or convert sound for transmission.

Relevant Contract Types

• IT Services Contract
• Lease Agreement
• Technology Licensing Agreement
• Procurement Contract

Relevant Circumstances

• Upgrading office technology systems
• Purchasing new hardware for a technology startup
• Companies that rely heavily on IT systems
• When entering a lease for an office space that includes the provision of business machines

Relevant Sectors

• Technology Services
• Corporate Offices
• Telecommunications

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Genie Definition 2

• Business machine means essentials such as typewriters, electronic computing devices, calculating machines, telegraphs, and photocopy machines.

Relevant Contract Types

• Asset Purchase Agreement
• Procurement Contract

Relevant Circumstances

• When purchasing or selling office equipment
• Acquisition of assets of a company
• Updating or upgrading existing office equipment
• Offices establishing a remote or shared workspace

Relevant Sectors

• Office Supplies
• Outsourcing services
• Manufacturing

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