tiktok˰

Define: Official Designation

The meaning of “Official Designation” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

How is Official Designation defined in a legal contract?

  • Official Designation means a clear identification made in writing, signed by a participant of a [fund]. This designation usually happens during the participant's first application for purchasing [fund] shares, with or without a [Signature Guarantee], or within another document with a Signature Guarantee. Seen in 4 SEC filings.
  • Official Designation means the right granted to a [licensee] to mark a publication as an ""Official Publication"" and to use specific logos on the cover of the publication. The choice of logo to be used rests with the granting party. Seen in 1 SEC filing.
  • Official Designation means an [employer] having securely chosen in advance, the amount a [minister] expects to pay for all home-related expenses. Seen in 1 SEC filing.

Please note that other definitions associated with a specific agency, location, or an organization have been removed and are not included.

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

  • Official Designation means a signed written identification by a [fund] participant during initial [fund] share purchase.

Relevant Contract Types

Relevant Circumstances

  • Purchase of shares in new or existing funds
  • Participant identification during fund formation

Relevant Sectors

Genie Definition 2

  • Official Designation means an advance determination by an [employer] of a [minister]'s total home-related expenses.

Relevant Contract Types

Relevant Circumstances

  • Setting of employment terms and conditions
  • Specifying expenses and reimbursements

Relevant Sectors

Genie Definition 3

  • Official Designation means the right given to a [licensee] to mark a product as an ""Official Product"".

Relevant Contract Types

Relevant Circumstances

  • Granting rights for use of logos or trademarks
  • Agreeing terms for product marketing and branding

Relevant Sectors

Genie Definition 4

  • Official Designation means the phrase “Official Sponsor”.

Relevant Contract Types

Relevant Circumstances

  • Securing corporate sponsorship for events or initiatives
  • Defining marketing and promotional arrangement

Relevant Sectors

Are you creating, reviewing or negotiating a document?

Looking for further advice on how to define “Official Designation" in your document? 

🚀 Try It can suggest a definition just for your specific needs (Simply , then ask it to draft a definition suitable for your document, that's it!)

What is the most popular definition of 'Official Designation'?

Official Designation means a signed written identification by a [fund] participant during initial [fund] share purchase.