Define: Lockout Service

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

How is Lockout Service defined in a legal contract?

  • Lockout Service means a service that provides you with directions to the property and entry codes for a lock box containing the house keys seven days prior to your arrival. If you accidentally lock yourself out of the rental property, a staff member will unlock the door for you for a fee. You will be charged for any damages resulting from attempts to force entry. It is your responsibility to return all keys to their original locations and lock all windows and doors upon departure. Seen in 2 SEC filings
  • Lockout Service means a service provided by a club if you accidentally lock your car keys inside your vehicle. The club pays for a service call to open your vehicle. Should your keys be lost or stolen, the club will cover the cost of a dealership or professional locksmith making new car keys up to a certain amount. The club will arrange for emergency locksmith service or towing your vehicle to the closest dealership to have your key made. Note that the cost of creating extra keys, repairs, or replacing locks is not included in this service. 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 lockout service' 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

  • Lockout Service means providing access to a secured property or vehicle, including making replacement keys if necessary, at the user's expense.

Relevant Contract Types

Relevant Circumstances

  • Property rental services
  • Vehicle lease or rental services
  • Roadside assistance and recovery services

Relevant Sectors

What is the most popular definition of 'Lockout Service'?

Lockout Service means providing access to a secured property or vehicle, including making replacement keys if necessary, at the user's expense

Are you creating, reviewing or negotiating a document?

Genie is the way the world agrees. Know market standards, set your rules, and close deals 70% faster by autotransacting on standard terms while negotiating only what matters.

Whether you're creating from scratch, need a trusted template, want to edit or review an existing document or get simple explanations to complex legal questions, try Genie for free.