Business IT definition

Business IT means all Information Technology which is owned or used by any Group Company in relation to the Business and which is material to the Business;
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Business IT means all Information Technology which is owned by the Company in connection with the business of the Company;
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Business IT has the meaning given thereto in paragraph 12.2 of Schedule 5 (Seller Warranties);
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Examples of Business IT in a sentence

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

  • Real Estate Business IT Services 100% IRSA PC Real Estate Business Board of Directors to be Distributed Proportional between IRSA and IRSAPC.

  • Furthermore the College delivers significant services for Construction, Business, IT and Health and Social Science.

  • The Business IT Systems are in good working condition to effectively perform all information technology operations necessary to conduct the Business as currently conducted.

  • There has been no malfunction, failure, continued substandard performance, denial-of-service, or other cyber incident, including any cyberattack, or other impairment of the Business IT Systems that has resulted or is reasonably likely to result in disruption or damage to the Business.


More Definitions of Business IT

Business IT means all IT Assets which are owned or used by Seller and the Selling Subsidiaries or Transferred Subsidiaries.
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Business IT has the meaning given to it in paragraph 16.1(a) of Part B of Schedule 3 (Seller Warranties);
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Business IT means the Information Technology owned by or licensed or leased to any Target Group Company and used in the conduct of the Business.
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Business IT means all Information Technology which is owned, used or held for use by any Group Company (excluding “shrink wrapped”, “click wrapped” or other software commercially available off the shelf);
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Business IT means all Information Technology which is owned by the Group and/or which has since 1 January 2020 been used in connection with the business of the Group (excluding off-the-shelf business software in respect of which there exist commercially available alternatives that could be used by the Group), in each case the absence of which would prevent the Group from conducting its business as currently conducted in any material respect; and
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Business IT means all rights and interest owned by or licensed to any of the Target Group Companies in Information Technology which relates to or is used in connection with the Business;
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Business IT means the computers, computer software, firmware, middleware, servers, workstations, routers, hubs, switches, data communications lines, data, and all other information technology equipment and computer systems currently used in the businesses of the Companies.
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