Define: Recreational Building

How is Recreational Building defined in a legal contract?

• Recreational Building means a structure such as a clubhouse, gymnasium, sports court, pavilion, shelter, change room, or similar building used in relation to a sport. A clubhouse could also include dining facilities and lounges. Seen in 3 SEC filings
• Recreational Building means a facility that is used for recreational purposes, this could include buildings such as a theatre, stadium, gymnasium, amusement park building or library. Seen in 3 SEC filings
• Recreational Building means a structure like a clubhouse, gymnasium, sports court, pavilion, shelter, stadium, or similar facility used in connection with a sport or recreational activity. A clubhouse can comprise dining facilities and lounges and could also include an open space, which the public can use and enjoy. Seen in 2 SEC filings
• Recreational Building means facilities that are designed for indoor and active recreation, and uses like tennis courts, storage, restrooms, and health & fitness clubs. Seen in 1 SEC filing
• Recreational Building means a structure used as a gymnasium or clubhouse. Seen in 1 SEC filing
• Recreational Building means any part of a building or service building that is meant for the recreational use of tenants. 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 recreational building' 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

Recreational Building means a structure designed for indoor and active use relating to sports or recreational activities.

Relevant Contract Types

• Lease Agreement
• Building Insurance Contract
• Property Management Contract
• Building Construction Contract

Relevant Circumstances

• Development of a new sports or social facility.
• Lease or rental of properties for recreational purposes.
• Property management of existing recreational buildings.
• Underwriting insurance for properties used for indoor and active recreation.

Relevant Sectors

• Commercial Real Estate
• Leisure and Hospitality
• Sports Centers
• Clubhouses

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Genie Definition 2

Recreational Building means a gymnasium or clubhouse.

Relevant Contract Types

• Lease Agreement
• Venue Hire Agreement
• Event Planning Contract

Relevant Circumstances

• Rental of gymnasium or clubhouse for events.
• Construction or renovation of a gymnasium or clubhouse.
• Marketing and promotion of gymnasiums or clubhouses.

Relevant Sectors

• Sporting Clubs
• Fitness Centers
• Event Planning

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