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How is Laboratory Equipment defined in a legal contract?

• Laboratory Equipment means any tool or instrument essential for producing the outcomes of an analysis. Seen in 13 SEC filings.
• Laboratory Equipment means any items, components or materials that can be employed in the creation of [substance]. Seen in 9 SEC filings.
• Laboratory Equipment means any tool or utensil used or intended for use during the manufacturing process of a controlled substance, counterfeit substance, or controlled substance analogue. Seen in 5 SEC filings.
• Laboratory Equipment means any gear, tool or appliance intended for use or designed for use in the creation of [substance]. This includes reaction vessels, preparatory or purifying equipment, gas generators or their substitutes. Seen in 2 SEC filings.
• Laboratory Equipment means material or equipment used only for controlling or investigating more effective methods of conducting [industry] operations via research, technical or control laboratories. Seen in 1 SEC filing.

Note: 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.

yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 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

• Laboratory Equipment means any essential tools or instruments for producing outcomes of an analysis or substance manufacturing process.

Relevant Contract Type

• Equipment Lease Agreement
• Purchase Agreement
• Supply Agreement

Relevant Circumstances

• Setting up a new lab space
• Procuring new or additional laboratory equipment
• Leasing laboratory equipment

Relevant Sectors

• Medical Research
• Pharmaceutical Manufacturing
• Educational Institutions

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Genie Definition 2

• Laboratory Equipment means material intended solely for controlling or investigating effective methods of conducting industry operations via technical laboratories.

Relevant Contract Type

• Research Contract

Relevant Circumstances

• Initiating a research collaboration and need to define tools used in research labs
• Starting a technical project involving industry operations

Relevant Sectors

• Research and Development
• Technical Industries

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