Common use of Company IT Systems Clause in Contracts

Company IT Systems. The Company and its subsidiaries own or have a valid right to access and use all computer systems, networks, hardware, software, databases, websites, and equipment used to process, store, maintain and operate data, information, and functions used in connection with the business of the Company and its subsidiaries (the “Company IT Systems”), except as would not, individually or in the aggregate, have a Material Adverse Effect. The Company IT Systems are adequate for, and operate and perform in all material respects as required in connection with, the operation of the business of the Company and its subsidiaries as currently conducted, except as would not, individually or in the aggregate, have a Material Adverse Effect. The Company and its subsidiaries have implemented commercially reasonable backup, security and disaster recovery technology consistent in all material respects with applicable regulatory standards and customary industry practices.

Appears in 20 contracts

Samples: Securities Purchase Agreement (Bellicum Pharmaceuticals, Inc), Securities Purchase Agreement (Idera Pharmaceuticals, Inc.), Securities Purchase Agreement (Idera Pharmaceuticals, Inc.)

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Company IT Systems. The Company and its subsidiaries own owns or have has a valid right to access and use all computer systems, networks, hardware, software, databases, websites, websites and equipment used to process, store, maintain and operate data, information, information and functions used in connection with necessary for the conduct of its business of the Company and its subsidiaries (the “Company IT Systems”), except as where the failure to own or have right to access the Company IT Systems would not, individually or in the aggregate, not reasonably be expected to have a Material Adverse Effect. The Company IT Systems are adequate for, and operate and perform in all material respects as required in connection with, the operation of the business of the Company and its subsidiaries as currently conducted, except as would notnot reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect. The Company and its subsidiaries have implemented commercially reasonable backup, security and disaster recovery technology consistent in all material respects with applicable regulatory standards and customary industry practices.

Appears in 5 contracts

Samples: Underwriting Agreement (Provention Bio, Inc.), Underwriting Agreement (Atomera Inc), Underwriting Agreement (Atomera Inc)

Company IT Systems. The Company and its subsidiaries own owns or have has a valid right to access and use all computer systems, networks, hardware, software, databases, websites, websites and equipment used to process, store, maintain and operate data, information, information and functions used in connection with necessary for the conduct of its business of the Company and its subsidiaries (the “Company IT Systems”), except as where the failure to own or have the right to access the Company IT Systems would not, individually or in the aggregate, not reasonably be expected to have a Material Adverse Effect. The Company IT Systems are adequate for, and operate and perform in all material respects as required in connection with, the operation of the business of the Company and its subsidiaries as currently conducted, conducted except as would notnot be reasonably expected, individually or in the aggregate, to have a Material Adverse Effect. The Company and its subsidiaries have implemented commercially reasonable backup, security and disaster recovery technology consistent in all material respects with applicable regulatory standards and customary industry practices.

Appears in 4 contracts

Samples: Underwriting Agreement (Cognition Therapeutics Inc), Sales Agreement (Cognition Therapeutics Inc), Sales Agreement (Cognition Therapeutics Inc)

Company IT Systems. The Company and its subsidiaries own owns or have has a valid right to access and use all computer systems, networks, hardware, software, databases, websites, websites and equipment used to process, store, maintain and operate data, information, information and functions used in connection with necessary for the conduct of its business of the Company and its subsidiaries (the “Company IT Systems”), except as where the failure to own or have the right to access the Company IT Systems would not, individually or in the aggregate, not reasonably be expected to have a Material Adverse Effect. The Company IT Systems are adequate for, and operate and perform in all material respects as required in connection with, the operation of the business of the Company and its subsidiaries as currently conducted, except as would notnot reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect. The Company and its subsidiaries have implemented commercially reasonable backup, security and disaster recovery technology consistent in all material respects with applicable regulatory standards and customary industry practices.

Appears in 2 contracts

Samples: Underwriting Agreement (TFF Pharmaceuticals, Inc.), Underwriting Agreement (Eton Pharmaceuticals, Inc.)

Company IT Systems. The Company and its subsidiaries own owns or have has a valid right to access and use all computer systems, networks, hardware, software, databases, websites, websites and equipment used to process, store, maintain and operate data, information, information and functions used in connection with necessary for the conduct of its business of the Company and its subsidiaries (the "Company IT Systems"), except as where the failure to own or have the right to access the Company IT Systems would not, individually or in the aggregate, not reasonably be expected to have a Material Adverse Effect. The Company IT Systems are adequate for, and operate and perform in all material respects as required in connection with, the operation of the business of the Company and its subsidiaries as currently conducted, conducted except as would notnot be reasonably expected, individually or in the aggregate, to have a Material Adverse Effect. The Company and its subsidiaries have implemented commercially reasonable backup, security and disaster recovery technology consistent in all material respects with applicable regulatory standards and customary industry practices.

Appears in 2 contracts

Samples: Underwriting Agreement (Cognition Therapeutics Inc), Underwriting Agreement (Cognition Therapeutics Inc)

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Company IT Systems. The Company and its subsidiaries own or have a valid right to access and use all computer systems, networks, hardware, software, databases, websites, and equipment used to process, store, maintain and operate data, information, and functions used in connection with the business of the Company and its subsidiaries (the “Company IT Systems”), except as would not, individually singly or in the aggregate, have a Material Adverse Effect. The Company IT Systems are adequate for, and operate and perform in all material respects as required in connection with, the operation of the business of the Company and its subsidiaries as currently conducted, except as would not, individually singly or in the aggregate, have a Material Adverse Effect. The Company and its subsidiaries have implemented commercially reasonable backup, security and disaster recovery technology consistent in all material respects with applicable regulatory standards and customary industry practices.

Appears in 2 contracts

Samples: Securities Purchase Agreement (KALA BIO, Inc.), Securities Purchase Agreement (KALA BIO, Inc.)

Company IT Systems. The Company and its subsidiaries Subsidiaries own or have a valid right to access and use all computer systems, networks, hardware, software, databases, websites, and equipment used to process, store, maintain and operate data, information, and functions used in connection with the business of the Company and its subsidiaries Subsidiaries (the “Company IT Systems”), except as would not, individually or in the aggregate, have a Material Adverse EffectChange. The Company IT Systems are adequate for, and operate and perform in all material respects as required in connection with, the operation of the business of the Company and its subsidiaries as currently conducted, except as would not, individually or in the aggregate, have a Material Adverse EffectChange. The Company and its subsidiaries Subsidiaries have implemented commercially reasonable backup, security and disaster recovery technology consistent in all material respects with applicable regulatory standards and customary industry practices.

Appears in 1 contract

Samples: Sales Agreement (Intercept Pharmaceuticals, Inc.)

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