{"component": "clause", "props": {"groups": [{"samples": [{"hash": "hKoFvLNnRWB", "uri": "/contracts/hKoFvLNnRWB#owned", "label": "Common Stock Purchase Agreement (Consumer Direct of America)", "score": 21.0, "published": true}, {"hash": "72XhexBermR", "uri": "/contracts/72XhexBermR#owned", "label": "Common Stock Purchase Agreement (Consumer Direct of America)", "score": 21.0, "published": true}, {"hash": "1NyRRqfiehP", "uri": "/contracts/1NyRRqfiehP#owned", "label": "Common Stock Purchase Agreement (Shearson Financial Network Inc)", "score": 21.0, "published": true}], "snippet_links": [{"key": "the-company", "type": "definition", "offset": [0, 11]}, {"key": "real-estate", "type": "definition", "offset": [20, 31]}], "snippet": "The Company owns no real estate.", "size": 4, "hash": "02e8c59b8b57530e1ab837398501ff85", "id": 1}, {"samples": [{"hash": "k0qdWn85p2J", "uri": "/contracts/k0qdWn85p2J#owned", "label": "Credit Agreement (Babcock & Wilcox Enterprises, Inc.)", "score": 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"offset": [341, 358]}, {"key": "operation-of-the-business", "type": "clause", "offset": [366, 391]}], "snippet": "At least fifty-one percent (51%) of the business or, in the case of a publicly owned business, at least fifty-one percent (51%) of the stock is owned by a minority, woman or service-disabled veteran. Transfer of ownership to or purchase of an existing business by a minority, woman, or service-disabled veteran by a non-minority who remains actively involved in the operation of the business does not qualify as a MWDVBE.", "size": 3, "hash": "8b758d7d85344677512c622d20938fdd", "id": 5}, {"samples": [{"hash": "6mBNOPzWUcp", "uri": "/contracts/6mBNOPzWUcp#owned", "label": "Transportation Agreement", "score": 23.3778234086, "published": true}, {"hash": "1hEoT61eIfT", "uri": "/contracts/1hEoT61eIfT#owned", "label": "Transportation Agreement", "score": 23.3299110198, "published": true}, {"hash": "lyRp0Ph0GPj", "uri": "/contracts/lyRp0Ph0GPj#owned", "label": "Transportation Agreement", "score": 23.3121149897, "published": true}], "snippet_links": [{"key": "native-american", "type": "definition", "offset": [2, 17]}, {"key": "simplot-company", "type": "clause", "offset": [69, 84]}, {"key": "payment-system", "type": "clause", "offset": [137, 151]}, {"key": "charges-for", "type": "clause", "offset": [213, 224]}, {"key": "accessorial-fees", "type": "clause", "offset": [225, 241]}, {"key": "not-included", "type": "clause", "offset": [291, 303]}, {"key": "the-original", "type": "definition", "offset": [307, 319]}, {"key": "the-payment", "type": "clause", "offset": [330, 341]}, {"key": "bill-of-lading", "type": "definition", "offset": [380, 394]}, {"key": "release-number", "type": "definition", "offset": [411, 425]}, {"key": "remittance-of-payments", "type": "clause", "offset": [516, 538]}, {"key": "freight-payment", "type": "clause", "offset": [567, 582]}, {"key": "your-bank-account", "type": "definition", "offset": [611, 628]}, {"key": "statement-of", "type": "clause", "offset": [649, 661]}, {"key": "payment-for", "type": "clause", "offset": [721, 732]}, {"key": "transportation-manager", "type": "definition", "offset": [790, 812]}, {"key": "to-establish", "type": "clause", "offset": [881, 893]}, {"key": "safety-regulations", "type": "clause", "offset": [909, 927]}, {"key": "services-for", "type": "clause", "offset": [1010, 1022]}, {"key": "all-drivers", "type": "clause", "offset": [1200, 1211]}, {"key": "obey-the-law", "type": "clause", "offset": [1215, 1227]}, {"key": "your-employer", "type": "definition", "offset": [1322, 1335]}, {"key": "your-family", "type": "definition", "offset": [1341, 1352]}], "snippet": "\u2751 Native American Owned Dear Valued Carrier, broker or 3PL, The J.R. Simplot Company pays all Simplot arranged Invoices through our auto payment system. Do not submit freight bills, unless there is are unexpected charges for accessorial fees, such as drop charge, demurrage or washout fees, not included on the original shipment. The payment numbers will be a combination of your Bill of Lading number and your release number (e.g. 4787898_7055565.1). Enclosed with this packet, you will also find documents for ACH Remittance of payments directly to your bank. Your freight payment deposits automatically into your bank account. You will receive a statement of payment with each deposit. This is the preferred method of payment for freight payments. Sincerely, \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587 Agribusiness Transportation Manager J.R. Simplot Company Tel. (\u2587\u2587\u2587) \u2587\u2587\u2587-\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587.\u2587\u2587\u2587\u2587\u2587@\u2587\u2587\u2587\u2587\u2587\u2587\u2587.\u2587\u2587\u2587 To establish and define the safety regulations that all Carriers, brokers and 3PL\u2019s are to follow when performing transportation services for the J.R. Simplot Company. J.R. Simplot Company takes safety seriously. Our intention is not to punish drivers or to keep them from our facilities. Our intention is to encourage all drivers to obey the law; the safety of drivers, employees, and visitors is at stake. Your life is important to us, to your employer, and your family.", "size": 3, "hash": "36f157f45ee7a1aad46ea26a4b664c18", "id": 6}, {"samples": [{"hash": "i7GKa7mdH5x", "uri": "/contracts/i7GKa7mdH5x#owned", "label": "Application Service Provider Agreement (Synchronoss Technologies Inc)", "score": 27.4982888433, "published": true}, {"hash": "enDn9BQQ7dK", "uri": "/contracts/enDn9BQQ7dK#owned", "label": "Application Service Provider Agreement (Synchronoss Technologies Inc)", "score": 27.4982888433, "published": true}, {"hash": "b9ZArIa3a8D", "uri": "/contracts/b9ZArIa3a8D#owned", "label": "Application Service Provider Agreement (Synchronoss Technologies Inc)", "score": 27.4982888433, "published": true}], "snippet_links": [{"key": "in-the-case", "type": "clause", "offset": [53, 64]}, {"key": "publicly-owned", "type": "definition", "offset": [70, 84]}, {"key": "the-stock", "type": "clause", "offset": [131, 140]}, {"key": "owned-by", "type": "definition", "offset": [144, 152]}, {"key": "disabled-veteran", "type": "definition", "offset": [182, 198]}, {"key": "transfer-of-ownership", "type": "definition", "offset": [200, 221]}, {"key": "purchase-of", "type": "clause", "offset": [228, 239]}, {"key": "existing-business", "type": "definition", "offset": [243, 260]}, {"key": "a-non", "type": "clause", "offset": [314, 319]}, {"key": "actively-involved", "type": "definition", "offset": [341, 358]}, {"key": "operation-of-the-business", "type": "clause", "offset": [366, 391]}, {"key": "owned-business-enterprise", "type": "clause", "offset": [434, 459]}, {"key": "business-concern", "type": "clause", "offset": [470, 486]}, {"key": "ownership-and-control", "type": "definition", "offset": [536, 557]}, {"key": "members-of", "type": "clause", "offset": [589, 599]}, {"key": "minority-group", "type": "definition", "offset": [602, 616]}, {"key": "net-profits", "type": "definition", "offset": [670, 681]}, {"key": "to-members", "type": "clause", "offset": [689, 699]}, {"key": "not-limited", "type": "clause", "offset": [751, 762]}, {"key": "hispanic-americans", "type": "clause", "offset": [784, 802]}, {"key": "the-philippines", "type": "clause", "offset": [869, 884]}, {"key": "trust-territory-of-the-pacific-islands", "type": "definition", "offset": [931, 969]}, {"key": "the-commonwealth", "type": "clause", "offset": [990, 1006]}, {"key": "the-\u2587", "type": "clause", "offset": [1052, 1057]}, {"key": "hong-kong", "type": "definition", "offset": [1206, 1215]}, {"key": "subcontinent-asian-americans", "type": "definition", "offset": [1259, 1287]}], "snippet": "At least fifty-one percent (51%) of the business or, in the case of a publicly owned business, at least fifty-one percent (51%) of the stock is owned by a minority, woman or service-disabled veteran. Transfer of ownership to or purchase of an existing business by a minority, woman, or service-disabled veteran by a non-minority who remains actively involved in the operation of the business does not qualify as a MWDVBE.\n4. Minority\u2013owned Business Enterprise (MBE) - A business concern in which at least fifty-one percent (51%) of the ownership and control is held by individuals who are members of a minority group and of which at least fifty-one percent (51%) of the net profits accrue to members of a minority group. Such persons include, but are not limited to, Black Americans, Hispanic Americans, Asian Pacific Americans (persons with origins from Japan, China, the Philippines, Vietnam, Korea, Samoa, Guam, the former U.S. Trust Territory of the Pacific Islands (Republic of Palau, the Commonwealth of the Northern Mariana Islands, Republic of the \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 Islands, Federated States of Micronesia) Laos, Cambodia (Kampuchea), Taiwan, Burma, Thailand, Malaysia, Indonesia, Singapore, Brunei, Macao, Hong Kong, Fiji, Tonga, Kiribati, Tuvalu, or Nauru); Subcontinent Asian Americans (persons with origins from India, Pakistan, \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587, \u2587\u2587", "size": 3, "hash": "780cc169eb4843d7333f33461eec8069", "id": 7}, {"samples": [{"hash": "7LcENlcsX6Q", "uri": "/contracts/7LcENlcsX6Q#owned", "label": "Stock Purchase Agreement (Sinter Metals Inc)", "score": 18.0, "published": true}, {"hash": "2um1E7UxBib", "uri": "/contracts/2um1E7UxBib#owned", "label": "Stock Purchase Agreement (Sinter Metals Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "description-of", "type": "definition", "offset": [27, 41]}, {"key": "owned-real-property", "type": "clause", "offset": [46, 65]}, {"key": "having-a", "type": "definition", "offset": [66, 74]}, {"key": "copies-of", "type": "definition", "offset": [130, 139]}, {"key": "insurance-policies", "type": "clause", "offset": [151, 169]}, {"key": "related-to", "type": "clause", "offset": [182, 192]}, {"key": "all-documents", "type": "definition", "offset": [226, 239]}, {"key": "equitable-interests", "type": "clause", "offset": [271, 290]}, {"key": "rights-of-first-refusal", "type": "definition", "offset": [301, 324]}, {"key": "security-interests", "type": "clause", "offset": [348, 366]}, {"key": "to-the-buyer", "type": "clause", "offset": [458, 470]}, {"key": "prior-to-the-closing", "type": "clause", "offset": [471, 491]}, {"key": "the-liens", "type": "clause", "offset": [501, 510]}, {"key": "of-the-company", "type": "clause", "offset": [718, 732]}, {"key": "no-liens", "type": "clause", "offset": [760, 768]}, {"key": "not-registered", "type": "clause", "offset": [950, 964]}, {"key": "land-register", "type": "definition", "offset": [983, 996]}, {"key": "notice-of-any", "type": "clause", "offset": [1067, 1080]}, {"key": "zoning-law", "type": "definition", "offset": [1167, 1177]}, {"key": "other-law", "type": "definition", "offset": [1193, 1202]}, {"key": "relating-to", "type": "definition", "offset": [1237, 1248]}, {"key": "knowledge-of-the-seller", "type": "definition", "offset": [1299, 1322]}, {"key": "no-material", "type": "clause", "offset": [1334, 1345]}], "snippet": "Schedule 4.8(a) contains a description of all Owned Real Property having a value in excess of $50,000. True, correct and complete copies of (i) deeds, insurance policies and surveys related to the Owned Real Property and (ii) all documents evidencing any liens, charges, equitable interests, options, rights of first refusal, encumbrances, claims, security interests, mortgages or pledges of any nature upon the Owned Real Property shall have been delivered to the Buyer prior to the Closing. None of the liens, charges, equitable interests, options, rights of first refusal, encumbrances, claims, security interests, mortgages or pledges of any nature upon the Owned Real Property secure obligations other than those of the Company or a Subsidiary. There are no liens, charges, equitable interests, options, rights of first refusal, encumbrances, claims, security interests, mortgages or pledges of any nature upon the Owned Real Property which are not registered in the applicable land register. None of the Seller or the Company or any Subsidiary has received any notice of any appropriation, condemnation or like proceeding, or of any violation of any applicable zoning law, regulation or other law, order, regulation or requirement relating to or affecting any Owned Real Property. To the best knowledge of the Seller, there are no material physical, structural or mechanical defects in any improvements on any of the Owned Real Property.", "size": 3, "hash": "7bc32a22941416bd9f2888119f2a6ab3", "id": 8}, {"samples": [{"hash": "20QjjNGm0if", "uri": "/contracts/20QjjNGm0if#owned", "label": "Asset Purchase Agreement (Pluma Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "no-real-property", "type": "clause", "offset": [12, 28]}], "snippet": "Seller owns no real property.", "size": 3, "hash": "6905ea6e71fbf261be508875adc39740", "id": 9}, {"samples": [{"hash": "ekoxWWGvAgq", "uri": "/contracts/ekoxWWGvAgq#owned", "label": "Loan and Security Agreement (Handy & Harman Ltd.)", "score": 22.1882272416, "published": true}, {"hash": "4utoP7u8RiI", "uri": "/contracts/4utoP7u8RiI#owned", "label": "Loan and Security Agreement (Handy & Harman Ltd.)", "score": 22.1882272416, "published": true}], "snippet_links": [{"key": "patent-number", "type": "definition", "offset": [19, 32]}, {"key": "registration-date", "type": "definition", "offset": [33, 50]}, {"key": "expiration-date", "type": "clause", "offset": [51, 66]}, {"key": "patent-application", "type": "clause", "offset": [67, 85]}, {"key": "serial-number", "type": "definition", "offset": [98, 111]}, {"key": "application-date", "type": "clause", "offset": [112, 128]}, {"key": "european-patent", "type": "definition", "offset": [495, 510]}, {"key": "serial-no", "type": "clause", "offset": [878, 887]}, {"key": "patent-no", "type": "clause", "offset": [901, 910]}, {"key": "application-of", "type": "clause", "offset": [1033, 1047]}], "snippet": "Patent Description Patent Number Registration Date Expiration Date Patent Application Application/Serial Number Application Date Method and System for Manufacturing Electronic Packaging Units \u2013 USA 6612890 09/02/03 09/714,992 11/20/00 Method and System for Manufacturing Lamp Tiles \u2013 USA 6087195 07/11/00 09/172760 10/09/98 Method and System for Manufacturing Lamp Tiles \u2013 PCT Int\u2019l Appln. PCT/US99/23907 10/15/99 Method and System for Manufacturing Lamp Tiles (Corresponds to PCT/US99/23907) \u2013 European Patent Appln. Countries: Austria Belgium Denmark Finland France Germany Greece Ireland Italy Luxembourg Monaco Netherlands Portugal Spain Sweden Switzerland/Liechtenstein UK 99956549.2 Method and System for Manufacturing Lamp Tiles (Corresponds to PCT/US99/23907) \u2013 Singapore 200102103-9 10/15/01 Method for Manufacturing Lamp Tiles (Divisional appln. of U.S. Patent Appln. Serial No. 09/172760 \u2013 Patent No. 6,087,195) \u2013 USA 6220915 B1 04/24/01 09/559,545 04/28/00 Method and System for Manufacturing a Molded Body (Continuation Application of U.S. Patent No. 6,087,195) 6287164 09/11/01 09/672,098 09/29/00", "size": 2, "hash": "7b7b0b68975a78bffd00cef5c5f959e3", "id": 10}], "next_curs": "Ck4SSGoVc35sYXdpbnNpZGVyY29udHJhY3RzcioLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ig5vd25lZCMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"parents": [["real-property", "Real Property"], ["definitions", "Definitions"], ["post-closing-deliveries", "Post Closing Deliveries"], ["judgment-currency", "Judgment Currency"], ["arpa-litigation", "ARPA Litigation"]], "size": 60, "children": [], "title": "Owned", "id": "owned", "related": [["owned-real-property", "Owned Real Property", "<strong>Owned</strong> Real Property"], ["ownership-in-intellectual-property", "OWNERSHIP IN INTELLECTUAL PROPERTY", "OWNERSHIP IN INTELLECTUAL PROPERTY"], ["owned-property", "Owned Property", "<strong>Owned</strong> Property"], ["owned-properties", "Owned Properties", "<strong>Owned</strong> Properties"], ["ownership", "Ownership", "Ownership"]], "related_snippets": [], "updated": "2025-07-07T12:37:48+00:00", "also_ask": ["What constitutes 'ownership' under this clause, and how is it evidenced?", "How can this clause be strategically drafted to prevent disputes over asset or IP ownership?", "What are the most common risks or ambiguities in 'Owned' clauses that could undermine enforceability?", "How does this clause compare to 'licensed' or 'possessed' provisions in similar agreements?", "What legal tests do courts apply to determine the validity and scope of an 'Owned' clause?"], "drafting_tip": "Specify ownership rights, clarify transfer conditions, and define exceptions to prevent disputes and ensure enforceability.", "explanation": "The \"Owned\" clause establishes which party holds legal ownership of specific assets, property, or intellectual property referenced in the agreement. In practice, this clause clarifies whether items such as equipment, software, or work products created during a project remain the property of the creator or are transferred to the client. By clearly defining ownership, the clause prevents disputes over rights to use, sell, or modify the assets, ensuring both parties understand their entitlements and responsibilities."}, "json": true, "cursor": ""}}