Define: Online System

The meaning of “Online System” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

How is Online System defined in a legal contract?

  • Online System means any safe internet or cloud-based electronic tool that allows users to utilize services via a specific application or interface, including any specific application product associated with such application interface. Seen in 28 SEC filings
  • Online System means the electronic platform and interface managed by [the organization] that provides access to most of the services. Seen in 19 SEC filings
  • Online System means any method or collection of processes used to distribute digital content or products, regardless of the mode of transmission, whether over telephone lines, cable systems, optical fiber, cell phones, satellites, wireless or other mode of transmission now known or subsequently developed. Seen in 7 SEC filings
  • Online System means the online tool conceptualized by [the organization] and articulated in the specification of services. Seen in 6 SEC filings
  • Online System means any digital platform, interface, or system provided by [the organization] for its clients' use, intended for trading, making payments, and managing accounts. The online system can be revised or its domain can be changed by the organization at any given moment, with no prior notice or consent from the client. Seen in 5 SEC filings
  • Online System means the online banking platform given to account holders, as described under [the agreement]. Seen in 3 SEC filings
  • Online System means the electronic platform and interface maintained by the organization, providing access to certain services. Seen in 3 SEC filings
  • Online System means the business online banking tool provided by a bank to its account holders, as described within the agreement. Seen in 3 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 online system' 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

  • Online System means a safe, Internet or cloud-based electronic platform that grants users access to specific services through an interface or reachable application.

Relevant Contract Types

Relevant Circumstances

  • Establishing a new software service
  • Updating terms of an existing platform
  • Any situation necessitating users to interact with online systems

Relevant Sectors

Genie Definition 2

  • Online System means an electronic tool for distributing digital content or products across multiple transmission methods.

Relevant Contract Types

Relevant Circumstances

  • Digital content creators using platforms for distribution
  • Telecom companies providing Internet services
  • Online learning or training modules

Relevant Sectors

Are you creating, reviewing or negotiating a document?

Looking for further advice on how to define “Online System" in your document? 

🚀 Try our AI Legal Assistant! It can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)

What is the most popular definition of 'Online System'?

Online System means a safe, Internet or cloud-based electronic platform that grants users access to specific services through an interface or reachable application.

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Try using Genie's Free AI Legal Assistant

Generate quality, formatted contracts with AI

Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs

Let our Legal AI make 
edits for you

Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.

AI review

Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs

Book your personalised demo now

Schedule a live, interactive demo with a Genie expert
Understand the most valuable features of Genie based on your workflow
Find out exactly how your business will benefit, from hours saved to faster revenue