Common use of IT Assets Clause in Contracts

IT Assets. The IT Assets owned by or licensed, pursuant to valid and enforceable license agreements, to the China Online Companies (including the China Online Software) are adequate for, and operate and perform in all material respects in accordance with their documentation and functional specifications and otherwise as required in connection with, the operation of the China Online Business. To the knowledge of SINA, the IT Assets owned by or licensed to China Online are free from material bugs or other defects and do not contain any viruses. The China Online Companies have implemented reasonable backup, security and disaster recovery measures and technology consistent with industry practices, and, to the knowledge of SINA and except as has not had or would not have a material impact on the China Online Companies or the China Online Business, no Person has gained unauthorized access to any IT Assets owned or licensed by the China Online Companies. CRIC acknowledges that in the event of a conflict between the representations and warranties contained in this Section 3.14 and any other representation or warranty contained in this Agreement with respect to Intellectual Property, including infringement, misappropriation or other violation of Intellectual Property the representations and warranties contained in this this Section 3.14 shall govern.

Appears in 4 contracts

Samples: Share Purchase Agreement (Sina Corp), Share Purchase Agreement (E-House (China) Holdings LTD), Share Purchase Agreement (Sina Corp)

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