Common use of No Faults Clause in Contracts

No Faults. Neither the Company nor any Subsidiary has experienced any disruption in or to the operation of the Business in the past five years as a result of: (A) any substandard performance or defect in any part of the ICT Infrastructure whether caused by any viruses, bugs, worms, software bombs or otherwise, lack of capacity or otherwise or (B) a breach of security in relation to any part of the ICT Infrastructure.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (ZAGG Inc), Merger Agreement (ZAGG Inc)

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No Faults. Neither the Company nor any Subsidiary has experienced experienced, and no circumstances exist that are likely or expected to give rise to, any disruption in or to the operation of the Business in the past five years as a result of: (A) any substandard performance or defect in any part of the ICT Infrastructure whether caused by any viruses, bugs, worms, software bombs or otherwise, lack of capacity or otherwise or (B) a breach of security in relation to any part of the ICT Infrastructure.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Facebook Inc)

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No Faults. Neither the Company nor any Subsidiary has experienced experienced, and no circumstances exist that are likely or expected to give rise to, any disruption in or to the operation of the Business in the past five years Company’s business as a result of: (A) any substandard performance or defect in any part of the ICT Infrastructure whether caused by any viruses, bugs, worms, software bombs or otherwise, lack of capacity or otherwise or (B) a breach of security in relation to any part of the ICT Infrastructure.

Appears in 1 contract

Samples: Merger Agreement (Docusign Inc)

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