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How is Production Area defined in a legal contract?

• Production Area means that part of the animal feeding operation that contains the animal confinement, manure storage, raw materials storage and waste containment areas. It includes open lots, housed lots, feedlots, confinement houses, barnyards, medication pens, walkers, animal walkways, static piles, composting piles, and various storage sites. This term also refers to the areas within dividers that separate uncontaminated stormwater. Seen in 76 SEC filings
• Production Area means a production area based on a certain regulation provided in [clause] without specifying values. Seen in 21 SEC filings
• Production Area means any area that is subject to a production right. Seen in 16 SEC filings
• Production Area and ""marketing area"" means any area defined without specifying specific districts or corporations. Seen in 13 SEC filings
• Production Area means any sea, estuarine or lagoon area, containing either natural beds of bivalve molluscs or sites used for the cultivation of bivalve molluscs, and from which live bivalve molluscs are taken. Seen in 13 SEC filings
• Production Area means the portion of the Contract Area specified in an approved Development Plan as specified in [clause] Seen in 10 SEC filings
• Production Area means a surface area within any Development Area for the purpose of performing the Production Operations within the Development Area. The Production Area proposed by the Operator shall be submitted for approval prior to commencement of commercial production. Seen in 10 SEC filings

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

Production Area means a designated location within an operation for performing specific activities including storage, containment and cultivation.

Relevant Contract Types

• Lease Agreement
• Commercial Property Agreement
• Farm Land Lease Contract
• Manufacturing Agreement

Relevant Circumstances

• When a business needs to lease or purchase land to expand their operations
• When a manufacturing company signs a contract detailing the specifics of production

Relevant Sectors

• Agriculture
• Manufacturing
• Industrial Operations

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Genie Definition 2

Production Area means any region subject to a production right, in accordance with [governing law].

Relevant Contract Types

• Mining Lease Agreement
• Oil and Gas Lease Agreement
• Royalty Agreement

Relevant Circumstances

• When a company signs an agreement to exploit resources in a specific area
• When drawing up an agreement that involves the use of a certain geographical area for production purposes

Relevant Sectors

• Energy
• Mining
• Oil and Gas

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