Business IT definition

Business IT means all Information Technology which is owned by the Company in connection with the business of the Company;

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;

Business IT has the meaning given thereto in paragraph 12.2 of Schedule 5 (Seller Warranties);

Examples of Business IT in a sentence

• Without limiting the foregoing the Business has taken commercially reasonable steps designed to protect the Business IT Systems from contaminants or other Software designed to disable any other Software or any computer or system automatically, with the passage of time, or any Software enabling unauthorized access to or operation of or other disruption, impairment, modification, recordation, misuse, transmission, disablement or destruction of any other Software or any computer or system.

• The Seller Group has in place commercially reasonable disaster recovery plans, procedures and facilities for the Business IT Systems and has taken commercially reasonable steps to safeguard the security of the Business IT Systems.

• In the past three (3) years there has been no material unauthorized access to the Business IT Systems that would require the Business to notify any Person of such access.

• In the last three (3) years, the Business IT Systems have not experienced any material malfunction or failure.

• The Seller Group has established and maintained an information security program (or programs) covering the Business and Business IT Systems that includes not less than reasonable and appropriate technical, administrative, and physical safeguards designed to assure the availability, integrity, security, and confidentiality of the Business IT Systems.

More Definitions of Business IT

Business IT means all Information Technology which is owned or used by any Group Company;

Business IT means all IT Assets which are owned or used by Seller and the Selling Subsidiaries or Transferred Subsidiaries.

Business IT means all Information Technology owned or used by any Group Company and which is material to its business; and Information Technology means computer systems, communication systems, software and hardware.

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);

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.

Business IT has the meaning given in paragraph 9 of Schedule 4;

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.