Define: Power Resources

How is Power Resources defined in a legal contract?

• Power Resources means the sources of energy arranged to provide electricity under [agreement]. Seen in 3 SEC filings.
• Power Resources means deals for electricity, including contracts and spot purchases, and equipment wholly or partially owned or leased by an entity for the purpose of generating electricity. Seen in 1 SEC Filing.

Note: The last three definitions provided were omitted as they contradicted the guidelines above, containing words that should be excluded like company, and regional.

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 power resources' 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

• Power Resources means sources of energy arranged to provide electricity under an [agreement].

Relevant Contract Types

• Power Purchase Agreements
• Energy Supply Contracts
• Renewable Energy Agreements

Relevant Circumstances

• Arranging new power sources for a business or organization.
• Setting the terms for acquisition of power resources over a specified period.
• Contracting with power plants to purchase a portion of their produced electricity.

Relevant Sectors

• Energy
• Utilities
• Manufacturing

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Genie Definition 2

• Power Resources means equipment owned or leased for generating electricity under an [agreement].

Relevant Contract Types

• Lease Agreements
• Equipment Purchase Agreements
• Power Generation Agreements

Relevant Circumstances

• Acquiring new equipment to generate power for a business or an organization.
• Leasing power generation equipment from another company.
• Setting up a new power generation site and sourcing equipment.

Relevant Sectors

• Energy
• Construction
• Industrial Services

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