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 CRIC Companies (including the CRIC 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 CRIC Business. To the knowledge of CRIC, the IT Assets owned by or licensed to CRIC are free from material bugs or other defects and do not contain any viruses. The CRIC Companies have implemented reasonable backup, security and disaster recovery measures and technology consistent with industry practices, and, to the knowledge of CRIC and except as has not had or would not have a material impact on the CRIC Companies or the CRIC Business, no Person has gained unauthorized access to any IT Assets owned or licensed by the CRIC Companies. SINA acknowledges that in the event of a conflict between the representations and warranties contained in this Section 4.06 and any other representations and warranties 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 Section 4.06 shall govern.