How is Internal Business Use defined in a legal contract?
- Internal Business Use means the internal use of a licensed product for the direct benefit of an [organization], including aspects related to the security, protection, and integrity of the [organization]'s systems, networks, devices, documents, emails, and other data. Seen in 10 SEC filings
- Internal Business Use means activities carried out strictly for internal business purposes, not including acting as a service bureau, outsourcing, hosting or providing a managed service of a product or security software for use by any third party outside of [organization] or its affiliates. Seen in 2 SEC filings
- Internal Business Use means an activity conducted for internal business needs, excluding acting as a service bureau, outsourcing, hosting, or providing a managed service for the use of third parties other than affiliates. Seen in 2 SEC filings
- Internal Business Use means use of the licensed property or derivative works for use within an [organization] by authorized users only, and does not include any commercial use. Seen in 2 SEC filings
- Internal Business Use means the licensed material should only be used by and for the benefit of a [customer] on computer hardware that is owned or operated on behalf of [customer], and it may not be used for the benefit of or in connection with any other entity. Seen in 1 SEC filing
- Internal Business Use means use by employees, contractors and others affiliated with the user under the direction of and for the benefit of the user. Internal Business Use does not include the right to provide the software to third parties by any means. Seen in 1 SEC filing
- Internal Business Use means for an [organization]'s internal use, or by other authorized individuals acting for the benefit of the [organization] or its affiliates, but it does not include reselling the licensed products or derivative works to any third-party. 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 internal business use' 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
Internal Business Use means use of licensed material or property strictly for the [organization]'s benefit, excluding any third-party services.
Relevant Contract Types
Relevant Circumstances
- Establishing internal usage policies for licensed software or properties.
- Defining the scope of use for an [organization]'s employees or affiliates.
- Drawing clear boundaries between internal and external usage for a particular service or product.
Relevant Sectors
Genie Definition 2
Internal Business Use means activities conducted solely for an [organization]'s needs, barring any provision of software or services to third parties.
Relevant Contract Types
Relevant Circumstances
- Determining the extent of an [organization]'s commercial activities.
- Creating internal guidelines for how services or products can be used or not used.
- Setting the groundwork for an [organization]'s internal operational procedures.
Relevant Sectors
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Internal Business Use means use of licensed material or property strictly for the [organization]'s benefit, excluding any third-party services.
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