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How is Plant Facility defined in a legal contract?

• Plant Facility means the equipment and any adjacent machinery, structures, or elements owned and/or operated. Seen in 3 SEC filings.
• Plant Facility means a specific establishment where the production or assembling of components takes place. 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

Plant Facility means the apparatus and associated tools owned and/or operated.

Relevant Contract Types

• Lease Agreement
• Asset Purchase Agreement
• Equipment Rental Agreement

Relevant Circumstances

• When an organization is leasing a plant facility.
• When a purchase of a plant facility is taking place.
• When equipment within a plant facility is being rented out.

Relevant Sectors

• Manufacturing
• Construction
• Energy

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Genie Definition 2

Plant Facility means a particular establishment engaged in the production or assembly of components.

Relevant Contract Types

• Manufacturing Agreement
• Supply Agreement
• Service Agreement

Relevant Circumstances

• When entering a manufacturing deal where a plant facility will be used.
• When entering into a contract to supply assembly components made within a plant facility.
• When a service agreement involves operations in a plant facility.

Relevant Sectors

• Automobile Manufacturing
• Electronics Manufacturing
• Building Materials Manufacturing

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