How is Ubuntu defined in a legal contract?
- Ubuntu means a term derived from Zulu language that signifies the concept of ""humanness"". The worth of an individual as a human is impacted by the actions they take for the welfare of the community and prioritizing community benefits over individual interests. Seen as a main principle of Ubuntu in the context of human consideration. Seen in 2 SEC filings
- Ubuntu means the expression ""I am because we are"". This term suggests that our daily survival and existence are the outcomes of the collective and cooperative endeavors of others. Seen in 1 SEC filing
- Ubuntu means in the literal sense, ""I am because we are"". Seen in 1 SEC filing
- Ubuntu means a term which conveys ""humanness"" and is distinctively African, represents a multi-dimensional principle. It embodies the fundamental values of respect for humanity, human dignity, and life, along with solidarity, caring, interdependence, and hospitality. Despite Africa's cultural diversity, Ubuntu reflects the common beliefs, customs, and practices across African societies. Ubuntu is seen as a philosophy that resonates with African tradition and culture. Seen in 1 SEC filing
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
Ubuntu means the principle of prioritizing community welfare over individual interests.
Relevant Contract Types
- Partnership Agreements
- Operating Agreements
- Joint Venture Agreements
- Shareholder Agreements
- Community Service Agreements
Relevant Circumstances
- Forming a new partnership or joint venture
- Establishing a new community service program
- Drafting a governance document O for a co-operative
- Managing social enterprise contracts
Relevant Sectors
- Non-profit Organizations
- Social Enterprises
- Public Sector and Government Agencies
- Co-operatives and Mutuals
Genie Definition 2
Ubuntu means our existence relies on collective and cooperative efforts.
Relevant Contract Types
Relevant Circumstances
- Cultivating a team-oriented work environment
- Building relationships with sponsors
- Collaboration between businesses
Relevant Sectors
Genie Definition 3
Ubuntu means a term denoting human dignity, life, solidarity, caring, and interdependence.
Relevant Contract Types
Relevant Circumstances
- Setting terms for consultancy services
- Defining terms for a human resources contract
- Defining service level parameters in an agreement
Relevant Sectors
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Ubuntu means the principle of prioritizing community welfare over individual interests
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