IT Systems and Data Infrastructure Sample Clauses

IT Systems and Data Infrastructure. Schedule 3.14 of the Disclosure Schedule sets forth a description and schematic for the Company's current information technology and data infrastructure, including a description of all third party hosting and processing services on which it relies (the “IT Systems“). The Company has in place commercially reasonable back-up, business continuity, and disaster recovery plans, procedures and facilities for the information technology equipment and systems (including hardware and software) used or intended for use in connection with the Business that are designed to completely restore the Business to full operational capacity within twelve hours of disaster occurring. The Company's IT Systems have not materially malfunctioned or failed within the past 24 months resulting in unavailability of services to customers for longer than eight hours. The Company has not experienced a data security breach of any computer system or network utilized in the operation of the Business (including the IT Systems), or loss, unauthorized access, acquisition, interruption, use, disclosure or modification of any information (including Personal Data) owned, used, stored or controlled by or on behalf of Company. The Company has sufficient rights to use all IT Systems, all of which rights shall survive unchanged, and without any change in the terms and conditions under which the Company currently has such rights, following the consummation of the transactions contemplated hereby.