Buyer Assets definition

Buyer Assets means Buyer’s or Customer’s computer systems and/or networks, Buyer’s or Customer’s property that is accessed or used by Supplier Personnel or materials, data, documents or information provided to Supplier Personnel by (or on behalf of) Buyer.
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Buyer Assets the Buyer’s infrastructure, data, software, materials, assets, equipment or other property owned by and/or licensed or leased to the Buyer and which is or may be used in connection with the provision of the Deliverables which remain the property of the Buyer throughout the term of the Contract;
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Buyer Assets shall have the meaning set forth in Section 2.03(a)(x).
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Examples of Buyer Assets in a sentence

  • Buyer may periodically audit Supplier’s data residing on Buyer Assets.

  • Buyer may periodically audit Supplier's data residing on Buyer Assets.

  • All insurance policies relating to the Buyer Assets, the Buyer Business or the employees, officers or directors of Buyer and its Subsidiaries (the “Buyer Insurance Program”) are of the type and in amounts customarily carried by Persons conducting businesses similar to those of Buyer and its Subsidiaries.

  • Except as otherwise provided herein, Seller shall not be responsible for the operation or maintenance of, or for providing, procuring or storing spare parts for, the Buyer Assets and Buyer shall not be responsible for the operation or maintenance of, or for providing, procuring or storing spare parts for, the Seller Assets, regardless of the location of such Buyer Assets or Seller Assets, as applicable.

  • Buyer owns the Buyer Assets free and clear of any Liens, other than any Existing Liabilities.

  • Buyer has all requisite power and authority to own, operate and/or lease the Buyer Assets (as defined below) and the other properties owned or used in its business (including, without limitation, intangible property) (collectively with the Buyer Assets, the "Buyer Business Assets") and to conduct the operations of its business as presently conducted.

  • There are no settlement agreements or similar written agreements with any Governmental Authority and no outstanding orders, judgments, stipulations, decrees, injunctions, determinations or awards issued by any Governmental Authority against or affecting Buyer or any of its Subsidiaries or any of the Buyer Assets.

  • All Taxes (whether or not reflected on such Tax Returns) required to be paid with respect to, or that could give rise to a Lien on the Buyer Assets, Buyer or any of its Subsidiaries have been duly and timely paid.

  • Upon the request of Omega Parent (such requests not to be made more frequently than twice in any thirty (30)-day period), Buyer shall confirm in writing to Omega Parent and Omega UK that Buyer has not sold, transferred or otherwise disposed of any of the Buyer Assets and that Buyer has no material liabilities other than the Existing Liabilities and the Transaction Loans.

  • All of the Buyer Assets, owned or leased, and are in good operating condition and repair (with the exception of normal wear and tear), and are free from defects other than such defects as would not materially interfere with the intended use thereof in connection with the provision of the services to be provided by Buyer.


More Definitions of Buyer Assets

Buyer Assets is defined in Section 5.11(c).
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Buyer Assets means any assets of Buyer or any of its Subsidiaries.
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Buyer Assets means information, information assets, information systems, supplies or other property, including property owned by third parties (such as Buyer Customers) that is accessed by Buyer Personnel or provided to Supplier Personnel by (or on behalf of) Buyer. Supplier Personnel will: 1.not remove Buyer Assets from Buyer's or Customer’s premises without Buyer's authorization; 2.use Buyer Assets only for purposes of this PO and reimburse Buyer for any unauthorized use; 3.only connect with, interact with or use programs, tools or routines that Buyer agrees are needed to provide Services; 4.not share or disclose user identifiers, passwords, cipher keys or computer dial port telephone numbers; 5.not copy, disclose or leave such assets unsecured or unattended, in the event the Buyer Assets are confidential; and 6.immediately notify Buyer of any security incidents involving Buyer Assets and provide Buyer with a copy of any accident or incident report involving the above.Buyer may periodically audit use of Buyers Assets and Supplier's data residing on Buyer Assets.
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Buyer Assets shall have the meaning ascribed to such term in Section 1.22.
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Buyer Assets and "Buyer Facilities" shall in any event each be deemed to include the Franchise Property and (ii) the Ancillary Agreements, the Franchise Property shall in any event be deemed to be owned by Buyer. 33 26
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Buyer Assets has the meaning set forth in Section 5.20(a).
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Related to Buyer Assets

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Assumed Liabilities has the meaning set forth in Section 2.3.

  • Subject Assets is defined in Section 2.2(c).

  • Excluded Assets has the meaning set forth in Section 2.02.

  • Buyer Data means all data, records, files, information or content, including text, sound, video, images and software, that is (a) input or uploaded by Buyer or its Users to or collected, received, transmitted, processed, or stored by Buyer or its Users using the Software or SaaS Service in connection with this Agreement, or (b) derived from (a). Buyer Data is Confidential Information of Buyer.

  • Sellers has the meaning set forth in the preamble.

  • Seller Entities means the Seller and its affiliates other than the Buyer Entities;