How is Secured Area defined in a legal contract?
- Secured Area means an exclusive zone that only approved members of a particular [organization] possessing Confidential Information can enter. This can encompass buildings, various rooms, or secure storage systems, as long as entry to the Confidential Information is inaccessible to unauthorized personnel. Seen in 354 SEC filings
- Secured Area means a fenced and locked region. Seen in 12 SEC filings
- Secured Area means a distinct zone, outlined by clear boundaries, where access is limited and not publicly accessible. Entrance to this zone can only be obtained through specific control points. Seen in 12 SEC filings
- Secured Area means a building, room, or secure storage system only accessible by authorized members of a certain [organization] with access to Confidential Information. Seen in 11 SEC filings
- Secured Area means a space defined by clear boundaries, where access is controlled. Seen in 8 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.
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
Secured Area means an enclosed zone, strictly accessible by authorized personnel of a designated [organization], protecting private assets.
Relevant Contract Types
Relevant Circumstances
- When a company needs to safeguard sensitive information.
- In contracts where the area in question stores physical or digital assets.
- When access to certain locations within a premise needs to be controlled.
Relevant Industries
Genie Definition 2
Secured Area means a fenced, locked region offering controlled access points.
Relevant Contract Types
Relevant Circumstances
- For premises that need physical security, such as warehousing or storage.
- In contracts detailing shared common spaces.
Relevant Industries
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Secured Area means an enclosed zone, strictly accessible by authorized personnel of a designated [organization], protecting private assets.
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