How is Playing time defined in a legal contract?
- Playing time means the actual duration in which the game is actively played, excluding pauses between elements of the game. Seen in 4 SEC filings
- Playing time means there is no assurance provided for an individual to participate in a game. The duration spent on the field may vary depending on various factors under the team management's discretion. Seen in 4 SEC filings
It is notable that all specific terms about specific rules, clauses and numerical designations were removed to provide a general and universally applicable definition.
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.
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.
Genie Definition 1
Playing time means the actual duration of active participation in a game, excluding pauses.
Relevant Contract Types
Relevant Circumstances
- Negotiating terms for a professional athlete's contract.
- Defining fair play time for amateur players in a community league.
- Structuring tournament rules and participation guidelines.
Relevant Sectors
Genie Definition 2
Playing time means no guaranteed period for an individual to participate, determined at team management's discretion.
Relevant Contract Types
Relevant Circumstances
- Laying out expectations for player rotation in team sports.
- Setting clear participation guidelines for individual sports.
Relevant Sectors
Playing time means the actual duration of active participation in a game, excluding pauses.
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