Common use of Disruptions to Information Technology Clause in Contracts

Disruptions to Information Technology. Except as set forth in such Party’s Disclosure Letter, such Party’s Contributed Business has not in the past 18 months suffered or experienced any: (A) material loss of performance or functionality of its information technology systems or services; or (B) any material loss of or damage to data due to any defect or malfunction in its information technology systems or services, in either case resulting in a material adverse impact for customers or requiring notification to be made to a Governmental Authority.

Appears in 4 contracts

Samples: Integration and Investment Agreement, Integration and Investment Agreement (Morgan Stanley), Integration and Investment Agreement (Mitsubishi Ufj Financial Group Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!