Acquired Company IT Systems definition

Acquired Company IT Systems means all information technology and computer systems (including Computer Software, information technology and telecommunication hardware and other equipment) used in the transmission, storage, maintenance, organization, presentation, generation, processing or analysis of data and information whether or not in electronic format, used in or necessary to the conduct of the business of the Acquired Companies.
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Acquired Company IT Systems means IT Systems used by the Acquired Companies in the conduct of the Business.
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Acquired Company IT Systems means all Software, computer hardware, servers, networks, platforms, peripherals, and similar or related items of automated, computerized, or other information technology (IT) networks and systems (including telecommunications networks and systems for voice, data, and video) owned, leased, licensed, or used (including through cloud-based or other third-party service providers) by any of the Acquired Companies.
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Examples of Acquired Company IT Systems in a sentence

  • The Acquired Companies practice reasonable information security measures that: (i) include administrative, technical and physical safeguards designed to safeguard the security, confidentiality and integrity of transactions and Acquired Company Data and (ii) are designed to protect against unauthorized access to the Acquired Company IT Systems or Acquired Company Data and the systems of any third party service providers that have access to Acquired Company Data or Acquired Company IT Systems.

  • All Acquired Company IT Systems have been regularly maintained by technically competent personnel, in accordance with standards set by the manufacturers or otherwise in accordance with standards prudent in the industry, to ensure proper operation; provided, however, that with respect to any Acquired Company IT Systems operated by third parties, the foregoing representation in this Section 2.13(o) is qualified as to the Knowledge of the Company.

  • Except as set forth in Section 2.11(a) of the Disclosure Schedule, the Acquired Companies have not experienced within the past three years any material disruption to, or material interruption in, the conduct of business attributable to a defect, bug, breakdown or other failure or deficiency of the Acquired Company IT Systems.

  • The Acquired Company IT Systems are in good working condition to effectively perform all information technology operations necessary to conduct the business of the Acquired Companies.

  • All Acquired Company IT Systems, to the extent maintained and controlled by any Acquired Company, are configured in accordance with and perform, in all material respects, in compliance with industry accepted security standards in the respective industry in which each of the Acquired Companies is operating.

  • P3K and each Acquired Company has taken all commercially reasonable steps to safeguard the confidentiality, availability, security, and integrity of the Acquired Company IT Systems, including implementing and maintaining appropriate backup, disaster recovery, and Software and hardware support arrangements.

  • All Acquired Company IT Systems (including all computer hardware and software, including rented, leased and borrowed hardware and all programs available on and run by the computer systems), are functional in all material respects and no material errors or defects which have not been fully remedied have been discovered therein.

  • The Acquired Company IT Systems are in good working condition to effectively perform all information technology operations necessary to conduct the business of the Acquired Companies as it is currently conducted and currently planned by the Acquired Companies to be conducted.

  • The Acquired Companies have been, and are, in compliance, in all material respects, with all Privacy Laws and all other relevant Laws and contractual obligations concerning the security and privacy of Acquired Company IT Systems and information contained therein (including all Acquired Company Data) in all respects.

  • The Acquired Companies’ rights with respect to the Acquired Company IT Systems will not be lost or rendered liable to termination by virtue of the performance of this Agreement.


More Definitions of Acquired Company IT Systems

Acquired Company IT Systems has the meaning set forth in Section 4.28(a).
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Acquired Company IT Systems means IT Systems used by the Acquired Companies in the conduct of the Business. “Acquired Company Privacy Policy” means each external or internal, present privacy policy of either Acquired Company,
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Related to Acquired Company IT Systems

  • Company IT Systems means all Software, computer hardware, servers, networks, platforms, peripherals, and similar or related items of automated, computerized, or other information technology (IT) networks and systems (including telecommunications networks and systems for voice, data and video) owned, leased, licensed, or used (including through cloud-based or other third-party service providers) by the Company.

  • Acquired Company means any business, corporation or other entity acquired by the Company or any Subsidiary.

  • Acquired Companies means, collectively, the Company and the Company Subsidiaries.

  • Company IT Assets means any and all computers, computer software, source code, firmware, middleware, servers, workstations, routers, hubs, switches, data communications lines and all other information technology systems and equipment, and all associated documentation owned by the Company or any of its Subsidiaries or licensed or leased to the Company or any of its Subsidiaries (excluding any public networks).

  • Target Companies means the Company and its Subsidiaries.

  • Target Company means each of the Company and its direct and indirect Subsidiaries.

  • Acquired Entities means the Company and each of its Subsidiaries, collectively.

  • Acquired Corporations means the Company and each of its Subsidiaries, collectively.

  • Company Business means the business of the Company as presently conducted.

  • Owned Company IP means the Intellectual Property that is owned by Company or any of its Subsidiaries.

  • Company Subsidiaries means the Subsidiaries of the Company.

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • food business operator means the natural or legal persons responsible for ensuring that the requirements of food law are met within the food business under their control;

  • Owned Company Intellectual Property means that portion of the Company Intellectual Property and Company Intellectual Property Rights that is owned by the Company Entities.

  • Parent Business has the meaning set forth in the Separation and Distribution Agreement.

  • Company Subsidiary means any Subsidiary of the Company.

  • Subject Company shall have the meaning set forth in Section 6.10(a).

  • IT Systems means all software, computer hardware, servers, networks, platforms, peripherals, and similar or related items of automated, computerized, or other information technology (IT) networks and systems (including telecommunications networks and systems for voice, data, and video) owned, leased, licensed, or used (including through cloud-based or other third-party service providers) in the current conduct of the business of the Loan Parties.

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Transferred Entities means the entities set forth on Schedule 1.5.

  • Seller Group Member means (a) Seller and its Affiliates, (b) directors, officers and employees of Seller and its Affiliates and (c) the successors and assigns of the foregoing.

  • Company IP Contract means any Contract to which the Company is a party or by which the Company is bound, that contains any assignment or license of, or covenant not to assert or enforce, any Intellectual Property Right or that otherwise relates to any Company IP or any Intellectual Property developed by, with, or for the Company.

  • Seller Subsidiaries means the subsidiary partnerships of the McNeil Partnerships listed on Annex G to this Agreement (the "Subsidiary Partnerships") and the subsidiary corporations listed on Annex F to this Agreement (the "Subsidiary Corporations") which hold GP Interests in certain of the Subsidiary Partnerships.

  • Company IP Licenses (other than “shrink wrap,” “click wrap,” and “off the shelf” software agreements and other agreements for Software commercially available on reasonable terms to the public generally with license, maintenance, support and other fees of less than $5,000 per year (collectively, “Off-the-Shelf Software Agreements”), which are not required to be listed, although such licenses are “Company IP Licenses” as that term is used herein), under which a Target Company is a licensee or otherwise is authorized to use or practice any Intellectual Property, and describes (A) the applicable Intellectual Property licensed, sublicensed or used and (B) any royalties, license fees or other compensation due from a Target Company, if any. Each Target Company owns, free and clear of all Liens (other than Permitted Liens), has valid and enforceable rights in, and has the unrestricted right to use, sell, license, transfer or assign, all Intellectual Property currently used, licensed or held for use by such Target Company, and previously used or licensed by such Target Company, except for the Intellectual Property that is the subject of the Company IP Licenses. For each Patent and Patent application in the Company Registered IP, the Target Companies have obtained valid assignments of inventions from each inventor. Except as set forth on Schedule 4.13(a)(iii), all Company Registered IP is owned exclusively by the applicable Target Company without obligation to pay royalties, licensing fees or other fees, or otherwise account to any third party with respect to such Company Registered IP.

  • Company Group Member means each member of the Company Group.

  • Company Systems means the computer and data processing systems, maintenance service agreements, and information, recordkeeping, account management, account management, communications technologies and other computer systems (including all computer programs, software, databases, firmware, hardware and related documentation) and Internet websites and related content used in the businesses of the Company and its Subsidiaries.