How is 'Security Purpose' defined in a legal contract?
- Security Purpose means the act of thwarting shoplifting, embezzlement or any other form of misappropriation or theft of valuable items, which include both tangible and intangible goods, services and other ends to ensure the safety or the integrity of software, accounts, online services or any individual. Seen in 4 SEC filings
- Security Purpose means the intent of preventing theft, shoplifting or fraud. Seen in 3 SEC filings
- Security Purpose means the intention to prevent or hinder [...]. Seen in 2 SEC filings
- Security Purpose means the purpose of [...]. Seen in 1 SEC filing
- Security Purpose means blocking any activity or action that jeopardizes safety. Seen in 1 SEC filing
Note: The Genie AI Legal Assistant 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.
Search EDGAR for 'Definitions of security purpose' yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant 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
Security Purpose means an effort directed towards forestalling actions that threaten the safety or integrity of valuable items, services, and software.
Relevant Contract Type
Relevant Circumstances
- Whistleblower protection
- Cybersecurity and data protection
- Business intelligence and corporate espionage prevention
Relevant Sectors
Genie Definition 2
Security Purpose means taking measures to avoid or prevent unlawful activities like theft, fraud or misappropriation.
Relevant Contract Type
Relevant Circumstances
- Employee behavior policies
- Asset and intellectual property protection
- Anti-money laundering procedures
Relevant Sectors
Genie Definition 2
Security Purpose means taking measures to avoid or prevent unlawful activities like theft, fraud or misappropriation.
Relevant Contract Type
Relevant Circumstances
- Employee behavior policies
- Asset and intellectual property protection
- Anti-money laundering procedures
Relevant Sectors
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Security Purpose means an effort directed towards forestalling actions that threaten the safety or integrity of valuable items, services, and software
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