Define: Trade Services

How is Trade Services defined in a legal contract?

• Trade Services means any facility, service, or convenience that [organization] might extend to a customer or other person by offering loans, discounts, overdrafts, bill advances, negotiation or collection of bills, the issue or confirmation of documentary credit or standby letters of credit, the issue of a shipping guarantee, or other trading related transactions relating to goods and services. Seen in 6 SEC filings.
• Trade Services means the leftover services that do not meet the definition for personal services. Seen in 6 SEC filings.
• Trade Services means the provision of account details and trade reports defined in an online system, allowing the processing, facilitation, financing, and advising of trade transactions such as bank guarantees and export bills. Seen in 3 SEC filings.
• Trade Services means details of transactions and any transactions advices stipulated in an e-banking system that also allows [organization] to process and facilitate trade transactions. Seen in 2 SEC filings.
• Trade Services means any remaining services that do not fit the definition for personal services. Seen in 1 SEC Filing.
• Trade Services means the use of a building or place for wholesale trade services and other activities that support light industry, including plumbing and electrical supplies and equipment hire. This does not include a building or place defined elsewhere in the [clause]. Seen in 1 SEC Filing.
• Trade Services means the services that TradeDirect and/or a Broker provide to Subscribers. Seen in 1 SEC Filing.

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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

• Trade Services means facilities, services, or conveniences provided by [Organization] related to trading transactions.

Relevant Contract Types

• Trade Agreements
• Supply Agreements
• Service Level Agreements

Relevant Circumstances

• Multi-organization partnerships
• International trade deals
• Supply chain contracts

Relevant Sectors

• Import/Export
• Retail & Wholesale
• Manufacturing

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Genie Definition 2

• Trade Services means reporting, processing, and facilitation of trade transactions using an [Online System].

Relevant Contract Types

• Software as a Service (SaaS) Agreements
• Data Processing Agreement

Relevant Circumstances

• Digital service provision
• Data management and processing

Relevant Sectors

• Information Technology
• Financial Services

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Genie Definition 3

• Trade Services means residual services not classified as [Personal Services].

Relevant Contract Types

• Consultancy Agreement
• Professional Services Agreement

Relevant Circumstances

• Professional consulting contracts
• Service-based business deals

Relevant Sectors

• Consulting
• Professional Services

Genie Definition 4

• Trade Services means use of [Premises] for wholesale trade and related support activities.

Relevant Contract Types

• Commercial Lease Agreements
• License Agreement

Relevant Circumstances

• Estate leasing contracts
• Licensing agreements for use of premises

Relevant Sectors

• Real Estate
• Wholesale Trade

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