Define: Industrial Development

How is Industrial Development defined in a legal contract?

• Industrial Development means the use of land, particularly a district designated for industrial use, for processes that do not involve residential or commercial activities.
  Seen in 14 SEC filings
• Industrial Development means any utilization of premises for activities such as manufacturing, processing, storing in bulk, warehousing, servicing, repairing, or any other development allowed in an industrial zone by resource consent.
  Seen in 10 SEC filings
• Industrial Development means the use of land to manufacture or partially manufacture goods of any kind, or turning partially manufactured articles or substances into manufactured goods, or processes such as repairing, finishing, cleaning, washing, packing, or preparation for sale of any article.
  Seen in 10 SEC filings
• Industrial Development means the creation of facilities for processes like manufacturing, storage of finished or semi-finished goods, power generation, ship building, repair, and related components necessary for proper functioning such as parking and waste storage and treatment.
  Seen in 10 SEC filings
• Industrial Development means an establishment that carries out manufacturing or industrial processes and could include power production, food and food by-product processing, paper production, agrichemical production, chemical processes, and storage.
  Seen in 10 SEC filings
• Industrial Development means the construction of a development or structure mainly for the production or distribution of products or materials.
  Seen in 7 SEC filings
• Industrial Development means a purpose-built development intended for activities such as manufacturing, production, assembly, testing, warehousing, distribution or storage of materials or other products.
  Seen in 4 SEC filings

Unfortunately, it is not safe to provide the last input, as it does not give a complete definition.

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 industrial development’ 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

• Industrial Development means the transformation, assembly, or storage of goods on land designated for such activities.

Relevant Contract Types

• Commercial Lease Agreements
• Supply Chain Agreements
• Vendor Agreements
• Franchise Agreements

Relevant Circumstances

• Establishment of a new manufacturing unit
• Leasing a space for warehousing
• Upgrading an existing facility for improved production

Relevant Sectors

• Manufacturing
• Logistics
• Construction

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Genie Definition 2

• Industrial Development means facilities for processing, manufacturing, warehousing, and related accessory uses like parking and waste treatment.

Relevant Contract Types

• Output Contract
• Industrial Development Lease Agreements
• Business Partnership Agreements
• Property Management Agreements

Relevant Circumstances

• Starting a joint processing, manufacturing venture
• Expansion of current facilities
• Establishing a new waste treatment center for a company

Relevant Sectors

• Energy
• Automobile
• Electronics

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