How is Good housekeeping practices defined in a legal contract?
- Good housekeeping practices means common practices pertaining to the storage, use, or cleanup of materials, conducted in a way that minimizes the discharge of pollutants. These practices can include activities such as purchasing only the quantity of materials needed at a given time, using alternative and less harmful products, promptly addressing spills and leaks, and storing materials in a way that will contain any leaks or spills. Seen in 7 SEC filings.
- Good housekeeping practices means straightforward, common sense activities known as Best Management Practices which primarily focus on the human element rather than the technical aspect. Such activities include but are not limited to waste segregation, preventative maintenance, training and awareness, and maintaining tidiness and safety. 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 good housekeeping practices' 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
Good housekeeping practices means standard activities that mitigate pollutant release, integrating waste management and safety training.
Relevant Contract Types
- Environmental Services Agreement
- Waste Management Contract
- General Service Agreement
- Facility Management Agreement
- Supply Chain Management Contract
Relevant Circumstances
- Hiring a company for waste management services
- Negotiating an agreement for general facility management
- Establishing supply chain protocols
- Outlining company-wide sustainability initiatives
- Implementing procedures for handling hazardous materials
Relevant Sectors
- Environment and Sustainability
- Facilities Management
- Supply Chain and Logistics
- Manufacturing
- Healthcare
- Pharmaceutical
Good housekeeping practices means standard activities that mitigate pollutant release, integrating waste management and safety training.
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