Company IT definition

Company IT means all technology devices, computers, Software, servers, networks, workstations, routers, hubs, circuits, switches, data communications lines and all other information technology equipment owned, used or held for use by the Company or any Company Subsidiaries.
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Company IT means the computers, computer software, firmware, middleware, servers, workstations, routers, hubs, switches, data communications lines, Sites, data, and all other information technology equipment and computer systems used in the Company’s business which it owns or for which it has a valid right to use (excluding, in the case of (b) only, any technology that is widely distributed for free or on a “commercial off the shelf” basis).
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Company IT is defined in Section 3.11(f). “Company Service Provider” means any current or former director (whether or not an employee), officer, employee, individual independent contractor, individual consultant or agent of any Target Company. “Confidential Information” is defined in Section 5.4(a). “Confidentiality Agreement” means the Confidentiality Agreement, dated as of March 19, 2025, between Purchaser and one or more of the Target Companies and/or Sellers. “Consent” means any consent, approval, authorization, action, consultation, novation, Permit, exception, exemption, waiver or other Governmental Order of, action by, filing, registration, designation or declaration with, or notification to any Governmental Authority or other Person. “Contest” is defined in Section 5.8(c)(i). “Continuing Employee” is defined in Section 5.1(a).
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Examples of Company IT in a sentence

  • The Company IT Systems are adequate for, and operate and perform in all material respects as required in connection with, the operation of the business of the Company and its subsidiaries as currently conducted, except as would not, individually or in the aggregate, have a Material Adverse Effect.

  • The Company and its Subsidiaries have used reasonable efforts to establish, and have established, commercially reasonable disaster recovery and security plans, procedures and facilities for the business consistent with industry standards and practices in all material respects, including, without limitation, for the Company IT Assets and data held or used by or for the Company and its Subsidiaries.

  • The Company has used commercially reasonable efforts to establish, and has established, commercially reasonable disaster recovery and security plans, procedures and facilities for the business consistent with industry standards and practices in all material respects, including, without limitation, for the Company IT Assets and data held or used by or for the Company.

  • The Company IT Systems are adequate for, and operate and perform in all material respects as required in connection with, the operation of the business of the Company and each of its Subsidiaries as currently conducted, except as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

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

  • The Company has used reasonable efforts to establish, and has established, commercially reasonable disaster recovery and security plans, procedures and facilities for the business consistent with industry standards and practices in all material respects, including, without limitation, for the Company IT Assets and data held or used by or for the Company.

  • The Company and its Subsidiaries have taken all reasonable best effort steps to safeguard the confidentiality, availability, security, and integrity of the Company IT Systems, including implementing and maintaining appropriate backup, disaster recovery, and software and hardware support arrangements, in each case except as would not reasonably be expected to have, individually or in the aggregate, a Company Material Adverse Effect.

  • The Company IT Systems are adequate for, and operate and perform in all material respects as required in connection with, the operation of the business of the Company and the Subsidiaries as currently conducted, except as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

  • The Company IT Systems are in good working condition to effectively perform all information technology operations necessary to conduct the Company’s consolidated business as currently conducted.

  • The Company IT Systems are adequate for, and operate and perform in all material respects as required in connection with, the operation of the business of the Company as currently conducted except as would not be reasonably expected, individually or in the aggregate, to have a Material Adverse Effect.