Category definition: Copy, customize, and use instantly
Introduction
The term "Category" refers to a classification or grouping of items, concepts, or provisions based on certain characteristics or criteria. In contracts, it is often used to define how various obligations, rights, or clauses are grouped together. Clarifying the "Category" in a contract is essential to ensure that each clause or obligation is appropriately classified, aiding in understanding and enforceability.
Below are various examples of how "Category" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Category" as a Classification of Provisions
This definition ties "Category" to a classification system for provisions.
"Category" means a classification grouping of provisions within this agreement, based on their subject matter or intended purpose, such as financial provisions, operational clauses, or legal obligations.
Definition of "Category" as a Grouping of Obligations
This definition connects "Category" to a grouping of obligations.
"Category" refers to a specific group of obligations within this contract, distinguished by the nature or timing of performance, including but not limited to payment, delivery, or compliance requirements.
Definition of "Category" as a Class of Assets
This definition links "Category" to assets.
"Category" means a class of assets defined by similar characteristics, such as liquid assets, real estate, or intellectual property, as outlined in Schedule A of this agreement.
Definition of "Category" as a Group of Rights
This definition applies "Category" to a group of rights.
"Category" refers to a grouping of rights under this contract, which may include ownership rights, usage rights, or transfer rights, depending on the nature of the agreement.
Definition of "Category" as a Division of Performance Metrics
This definition ties "Category" to performance metrics.
"Category" means a division of performance metrics, used to evaluate compliance with contractual obligations, including financial performance, operational performance, and regulatory adherence.
Definition of "Category" as a Type of Service
This definition connects "Category" to a service classification.
"Category" refers to a specific type of service defined under this agreement, such as consulting services, maintenance services, or technical support services.
Definition of "Category" as a Set of Terms
This definition links "Category" to contractual terms.
"Category" means a set of related terms and conditions grouped together in this agreement, typically related to a specific aspect of the relationship, such as payment terms or confidentiality provisions.
Definition of "Category" as a Class of Goods
This definition applies "Category" to goods.
"Category" refers to a class of goods, defined by their nature, intended use, or physical properties, such as electronic goods, clothing, or raw materials, as specified in Schedule B.
Definition of "Category" as a Group of Employees
This definition ties "Category" to employees.
"Category" means a group of employees categorized by job function, seniority, or compensation structure within this organization, as outlined in Exhibit C.
Definition of "Category" as a Division of Costs
This definition connects "Category" to costs.
"Category" refers to a division of costs within the scope of this agreement, including but not limited to fixed costs, variable costs, and capital expenditures.
Definition of "Category" as a Type of Insurance
This definition links "Category" to insurance.
"Category" means a type of insurance coverage under this agreement, such as general liability, property insurance, or workers' compensation, as specified in Section 5.
Definition of "Category" as a Classification of Projects
This definition applies "Category" to projects.
"Category" refers to the classification of projects based on their scope, complexity, or risk level, such as high-priority projects, ongoing projects, or completed projects.
Definition of "Category" as a Tier of Service
This definition ties "Category" to service tiers.
"Category" means a tier of service level, such as basic, premium, or enterprise, each with its own set of rights and obligations, as described in Schedule D.
Definition of "Category" as a Group of Vendors
This definition connects "Category" to vendors.
"Category" refers to a group of vendors categorized by the type of goods or services they provide, such as software vendors, hardware suppliers, or service providers.
Definition of "Category" as a Type of Payment
This definition links "Category" to payment types.
"Category" means a type of payment arrangement in this agreement, such as lump sum, installment, or performance-based payment.
Definition of "Category" as a Class of Risk
This definition applies "Category" to risk.
"Category" refers to a class of risks identified in the agreement, including financial risk, operational risk, and legal risk, and their corresponding mitigation strategies.
Definition of "Category" as a Group of Expenses
This definition ties "Category" to expenses.
"Category" means a group of expenses classified by their nature, such as capital expenses, operational expenses, or marketing expenses, as outlined in Section 3.
Definition of "Category" as a Class of Transactions
This definition connects "Category" to transactions.
"Category" refers to a class of transactions that are governed by this agreement, such as purchase transactions, sale transactions, or licensing transactions.
Definition of "Category" as a Group of Licenses
This definition links "Category" to licenses.
"Category" refers to a group of licenses granted under this agreement, classified by their intended purpose, such as software licenses, trademark licenses, or patent licenses.
Definition of "Category" as a Type of Default
This definition applies "Category" to defaults.
"Category" means a type of default under the agreement, including material default, minor default, or failure to perform obligations within the specified time.
Definition of "Category" as a Class of Liability
This definition ties "Category" to liabilities.
"Category" refers to a class of liabilities defined in the agreement, such as indemnity liabilities, third-party liabilities, or contractual liabilities.
Definition of "Category" as a Type of Termination
This definition connects "Category" to termination.
"Category" means a type of termination under the agreement, including termination for convenience, termination for cause, or termination by mutual consent.
Definition of "Category" as a Group of Conditions Precedent
This definition links "Category" to conditions precedent.
"Category" refers to a group of conditions precedent required to trigger certain obligations under this agreement, such as financial conditions, regulatory approvals, or operational conditions.
Definition of "Category" as a Tier of Goods
This definition applies "Category" to goods.
"Category" means a tier of goods, such as premium goods, standard goods, or economy goods, each with distinct features or pricing structures as outlined in Exhibit E.
Definition of "Category" as a Group of Claims
This definition ties "Category" to claims.
"Category" refers to a group of claims arising from the agreement, including warranty claims, insurance claims, or intellectual property infringement claims.
Definition of "Category" as a Set of Performance Standards
This definition connects "Category" to performance standards.
"Category" means a set of performance standards that apply to the parties under this agreement, such as efficiency standards, safety standards, or quality standards.
Definition of "Category" as a Classification of Capital Expenditures
This definition links "Category" to capital expenditures.
"Category" refers to a classification of capital expenditures within the agreement, such as infrastructure expenditures, technology investments, or property acquisitions.
Definition of "Category" as a Tier of Access Rights
This definition applies "Category" to access rights.
"Category" means a tier of access rights granted under this agreement, including standard access, restricted access, or full access.
Definition of "Category" as a Group of Business Units
This definition ties "Category" to business units.
"Category" refers to a group of business units within the organization, such as manufacturing units, marketing units, or research and development units.
Definition of "Category" as a Classification of Payment Methods
This definition connects "Category" to payment methods.
"Category" refers to a classification of payment methods under the agreement, such as bank transfers, checks, or digital payments.
Definition of "Category" as a Class of Projects by Value
This definition links "Category" to project value.
"Category" means a class of projects classified by their total value, such as low-value projects, mid-value projects, or high-value projects.
Definition of "Category" as a Group of Investment Types
This definition applies "Category" to investment types.
"Category" refers to a group of investment types, including equity investments, debt investments, and real estate investments, as defined in Exhibit F.
Definition of "Category" as a Group of Environmental Conditions
This definition ties "Category" to environmental conditions.
"Category" refers to a group of environmental conditions relevant to the agreement, including weather conditions, hazardous conditions, or natural disasters.
Definition of "Category" as a Group of Services Rendered
This definition connects "Category" to services.
"Category" refers to a group of services rendered under the agreement, such as installation services, consulting services, or maintenance services.
Definition of "Category" as a Tier of Confidentiality
This definition links "Category" to confidentiality.
"Category" means a tier of confidentiality requirements within this agreement, such as standard confidentiality, enhanced confidentiality, or restricted confidentiality.
Definition of "Category" as a Type of Property
This definition applies "Category" to property.
"Category” refers to a type of property covered by this agreement, including real property, intellectual property, or personal property.
Definition of "Category" as a Group of Market Segments
This definition ties "Category" to market segments.
"Category" refers to a group of market segments identified under this agreement, such as the domestic market, international market, or niche market.
Definition of "Category" as a Set of Compliance Requirements
This definition connects "Category" to compliance.
"Category" refers to a set of compliance requirements under this agreement, including regulatory compliance, legal compliance, and ethical compliance.
Definition of "Category" as a Classification of Customers
This definition links "Category" to customers.
"Category" means a classification of customers under this agreement, such as premium customers, regular customers, or new customers.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.